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The Thomlin Company forecasts that total overhead for the current year will be $11,241,000 with 172,000 total machine hours. Year to date, the actual overhead
The Thomlin Company forecasts that total overhead for the current year will be $11,241,000 with 172,000 total machine hours. Year to date, the actual overhead is $7,730,000 and the actual machine hours are 85,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a. $45 per machine hour Ob. $132 per machine hour C. $65 per machine hour Od. $91 per machine hour The Zoe Corporation has the following information for the month of March Cost of direct materials used in production Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 a. Determine the cost of goods manufactured. $16,025 28,420 35,195 16,720 19,780 22,393 22,244 b. Determine the cost of goods sold
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