Thomlin Company forecasts that total overhead for the current year will be $11,279,000 with 168,000 total machine hours. Year to date, the actual overhead is $7,870,000 and the actual machine hours are 95,000 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.$47 per machine hour

b.$67 per machine hour

c.$83 per machine hour

d.$119 per machine hour

The Thomlin Company forecasts that total overhead for the current year will be $11,368,000 with 182,000 total machine hours. Year to date, the actual overhead is $7,538,000 and the actual machine hours are 86,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is

Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.

a.$2,206,000 underapplied

b.$2,206,000 overapplied

c.$3,088,400 underapplied

d.$3,088,400 overapplied

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $154,800 and expected direct labor hours of 12,900 for the current fiscal year. If job number 117 incurs 1,850 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for

a.$1,850

b.$22,200

c.$77,400

d.$154,800

Department M had 2,200 units 52% completed in process at the beginning of June, 12,600 units completed during June, and 800 units 26% completed at the end of June. The number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories is

a.12,808 units

b.11,664 units

c.10,400 units

d.13,608 units

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