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Use the following information below for questions 15-18: Vera Whisbey and Herman Coutts both work as night security guards at Beeley Manufacturing. Vera and
Use the following information below for questions 15-18: Vera Whisbey and Herman Coutts both work as night security guards at Beeley Manufacturing. Vera and Herman were bored one night so they decided to have a contest to see who could throw a paper airplane the farthest. Vera won this competition hands down. This crushed Herman's ego so he decided to change the contest to who could throw a flaming paper airplane the farthest. The winner of this contest was never declared because the first flight put corporate headquarters ablaze. Beeley uses a job-order cost system and your job is to try to piece together last year's data from the burnt remains. The following information was all that was saved from the fiery paper airplane crash: Finished goods inventory, 12/31 Predetermined OH rate: Work in Process Inventory, 1/1.. Direct materials inventory, 12/31 Direct materials inventory, 1/1. Cost of Goods Manufactured Estimated DLH for the year $8,100 $1.40 per Direct Labor Hour $2,400 $9,300 $1,600 $88,200 12,320 hrs. RM 11400 1.4x12,320 9500 Actual DLH for the year Finished Goods Inventory, 1/1.. Work in Process Inventory, 12/31.. Direct Materials Assigned to production For the year... Overapplied (absorbed) manufacturing 11,200 hrs. $14,600 $6,900 $31,100 Overhead... *DLH Direct Labor Hours Est Total Fet To 15. What was the actual manufacturing overhead cost incurred at Beeley last year? A. $7,400 B$14,280 C. $15,680 D. $17,080 E. None of the above 16. What was Beeley expecting manufacturing overhead cost to be last year? A. $8,800 B. $14,280 C. $17,080 D $17,248 E. None of the above. 1137320 WIT 24 00 $1,400 15,680 31,100 88.200 6,900 MOH 15480 FG 11,40 88,200 8100
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