The following information is for questions 16 to 19

Budget Actual Direct Labour Costs $360,000 $420,000 Direct Labour Hours 25,000 26,500 Overhead Costs $600,000 $693,000 Beginning Ending Work in Progress $ 14,000 $ 20,000 Finished Goods $ 31,000 $ 35,000 Materials $ 10,000 $ 0 Overhead is allocated on Direct Labour costs. Materials Purchased during the year were $208,000. All materials are Direct Materials.

16. The amount of Materials applied to WIP is closest to: A. 198,000 B. 208,000 C. 218,000 D. 228,000

17. The amount of overhead applied to WIP is closest to: A. 600,000 B. 633,333 C. 636,000 D. 693,000 E. 700,000

18. Cost of Goods Manufactured is closest to: A. 1,232,000 B. 1,258,000 C. 1,268,000 D. 1,328,000 E. 1,332,000

19. Cost of Goods Sold (before any under/over applied overhead adjustment) is closest to: A. 1,232,000 B. 1,258,000 C. 1,268,000 D. 1,328,000 E. 1,332,000