The following information relates to Langley Inc. for the month of May: Beginning raw materials inventory Purchases of raw materials during May Ending raw materials inventory $17,000 $7,500 $4,800 Determine the amount of raw materials used in production during May. a. $29,300 b. $4,700 C. $14,300 d. $19,700 Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,400,000 of direct material costs and $4,100,000 of direct labor costs were incurred. Theta's applied overhead is: a. $9,375,000. b. $1,360,000. c. $1,640,000. d. $8,500,000. Identify the journal entry to record application of overhead to jobs, under the job-order costing system. a. Debit Work in Process; Credit Overhead Control b. Debit Actual Overhead; Credit Work in Process c. Debit Work in Process; Credit Actual Overhead d. Debit Overhead Control; Credit Work in Process A company has $2,700 of overapplied overhead for a period. Identify the journal entry made to adjust the overapplied overhead at the end of the period. a. Debit Overhead Control for $2,700; Credit Work in Process for $2,700 b. Debit Work in Process for $2,700; Credit Overhead Control for $2,700 C. Debit Cost of Goods Sold for $2,700; Credit Overhead Control for $2,700 d. Debit Overhead Control for $2,700; Credit Cost of Goods Sold for $2,700 In a job-order system, all completed job-order cost sheets of a firm can serve as a subsidiary ledger for the: a. overhead control account. b. finished goods inventory account. C. work-in-progress account. d. raw materials account. The following information is related to Alpha Company: $247,000 $205,000 Estimated manufacturing overhead costs for the year Actual manufacturing overhead costs for the year Estimated direct labor hours for the year Actual direct labor hours for the year 50,000 34,000 Alpha uses normal costing and applies overhead on the basis of direct labor hours. The predetermined overhead rate of Alpha Company is: a. $4.9 per hour. b. $8.7 per hour. C. $7.3 per hour. d. $4.1 per hour