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The Blue Corporation manufactures custom-made purses. The following data pertains to Job XY5: Direct materials placed into production $4,000 Direct labor hours worked 50 hours

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The Blue Corporation manufactures custom-made purses. The following data pertains to Job XY5: Direct materials placed into production $4,000 Direct labor hours worked 50 hours Direct labor rate per hour $15 Machine hours worked 100 hours Manufacturing overhead is applied using a rate based on direct labor hours. Manufacturing overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000. Job XY5 consists of 50 units. What is overhead cost assigned to Job XY5? $750 $400 $1,500 $200 Indigo Inc. had a per-unit conversion cost of $3.00 during April and incurred direct materials cost of $90, direct labor costs of $84, and manufacturing overhead costs of $51 during the month. How many units did it manufacture during the month? 75 58 17 45 Violet Manufacturing has the following amounts listed before reconciling the overhead variance. Estimated overhead $760 Applied overhead 756 Actual overhead 740 Cost of goods sold 935 Calculate Cost of Goods Sold after adjusting for the overhead variance. $919 $935 $951 $955

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