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Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: 10 10 points Direct materials used
Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: 10 10 points Direct materials used Direct labor Total factory overhead Beginning work in process Ending work in process $5,800 7,800 5,900 3,800 5,600 03:32:45 Skipped Multiple Choice eBook $21,300. Ask O $13,600. $16,000 O O $17,700. O $19,500. 11 Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $3,750,000 (150,000 hours at $25/hour) and that factory overhead would be $1,450,000 for the current period. At the end of the period, the records show that there had been 130,000 hours of direct labor and $1,150,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead rate? (Round your answer to two decimal places.) 10 points Multiple Choice 8 03:32:37 Skipped $8.75 per direct labor hour. eBook $11.15 per direct labor hour. Ask $9.67 per direct labor hour. O $7.67 per direct labor hour. O $8.34 per direct labor hour. 12 Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,900 of direct materials and used $3,400 of direct labor. The job was not finished by the end of September, but needed an additional $2,400 of direct materials in October and additional direct labor of $5,900 to finish the job. The company applies overhead at the end of each month at a rate of 150% of the direct labor cost. What is the amount of job costs added to Work in Process Inventory during October? 10 points Multiple Choice 8 03:32:29 Skipped $27,550 eBook $20,550 Ask $13,600 O $17,150 O O $24,850
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