TB MC Qu.11-64 Campaign Company, which applies overhead to... Campaign Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 13,000 Actual fixed overhead incurred: $981,000 Actual machine hours worked: 78,000 Budgeted fixed overhead: $985,500 Planned level of machine-hour activity: 73,000 If Campaign estimates four hours to manufacture a completed unit, the company's standard fixed overhead rate per machine hour would be: Multiple Choice (0 $12.63 $13 50. $1344. $18.95. None of the answers is correct. OOOO TB MC Qu. 10-59 Davner Enterprises recently... Davner Enterprises recently used 13,300 labor hours to produce 7,800 completed units. According to manufacturing specifications, each unit is anticipated to take two hours to complete. The company's actual payroll cost amounted to $126,350. If the standard labor cost per hour is $9, Davner's labor efficiency variance is: Multiple Choice O $20,700 U. O $20,700 F. O $21,850 U. O $21,850 F. O None of the answers is correct.TB MC Qu. 6-53 Sophie Corporation recently produced and... Sophie Corporation recently produced and sold 150,000 units. Fixed costs at this level of activity amounted to $53,500; variable costs were $300,000. How much cost would the company anticipate if during the next period it produced and sold 156,000 units? Multiple Choice O $203,500. O $228,000. O $365,500. O $366,500. O None of the answers is correct.TB MC Qu. 6-54 Organize, Inc. has only variable costs and... Organize, Inc. has only variable costs and fixed costs. A review of the company's records disclosed that when 200,000 units were produced, fixed manufacturing costs amounted to $1,200,000 and the cost per unit manufactured totaled $11. On the basis of this information, how much cost would the firm anticipate at an activity level of 220,000 units? Multiple Choice $2,300,000. O $2,287,000. O $2,279,000. O $2,200,000. O None of the answers is correct.TB MC Qu. 3-72 Terrence Industries charges manufacturing overhead to products... Terrence Industries charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year: Budgeted manufacturing overhead $2, 800, 000 Actual manufacturing overhead 2, 819, 500 Budgeted labor hours 140, 000 Actual labor hours 142, 300 Which of the following choices is the correct status of manufacturing overhead at year-end? Multiple Choice O Overapplied by $19,500. O Underapplied by $19,500. O Overapplied by $26,500. O Underapplied by $26,500. O Overapplied by $46,000