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Ragtime Company had the following information for the year Direct materials used Direct labor incurred (6,850 hours) Actual manufacturing overhead incurred $116,400 $152, eee $172,200

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Ragtime Company had the following information for the year Direct materials used Direct labor incurred (6,850 hours) Actual manufacturing overhead incurred $116,400 $152, eee $172,200 Ragtime Company used a predetermined overhead rate of $37 per direct labor hour for the year. Assume the only Inventory balance is an ending Work In Process Inventory balance of $17100. What was cost of goods manufactured? Multiple Choice $475,150 $268.400 $440,600 Manufacturing ovethead was estimated to be $241,200 for the year along with 20100 direct labor hours. Actual manufacturing overhead is $226,000, and actual direct labor hours were 19.900. Which of the following would be correct? Multiple Choice Overhead is ovetailed by $13.700 Overhad soveropphed by $11.900 Overhead is underapplied by $13.700 Overhead is underapplied by $11.900

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