Version 3 12. One of Hartman Company's activity cost pools is inspecting, with estimated overhead of Hartman produces throw rugs (700 inspections) and area rugs (1,300 inspections). How much of the inspecting cost pool should be assigned to throw rugs? A) $49,000. B) $70,000. C) $140,000. D) $75,384. 13. If annual overhead costs are expected to be $800,000 and direct labor costs are expected to be $1,000,000, then if the activity base is direct labor costs: A) for every dollar of direct labor, 80 cents of manufacturing overhead will be assigned. B) a predetermined overhead rate cannot be determined. C) for every dollar of manufacturing overhead, 80 cents of direct labor will be assigned. D) S1.25 is the predetermined overhead rate 14. As of December 31,2015, Gummy Bear Industries had $2,500 of raw materials inventory. At the beginning of 2015, there was $2,000 of materials on hand. During the year, the company purchased $325,000 of materials; however, it paid for only $312,500. How much inventory was requisitioned for use on jobs during 2015? A) S324,500 B) S325,500 C) $313,000 D) S312,000 15. Which of the following is not a manufacturing cost category? A) Manufacturing overhead B) Direct materials C) Direct labor D) Cost of goods sold 16. The inventory accounts that show the cost of completed goods on hand and the costs applicable to production that is only partially completed are, respectively A) Finished Goods Inventory and Raw Materials Inventory. B) Raw Materials Inventory and Work in Process Inventory. C) Work in Process Inventory and Raw Materials Inventory D) Finished Goods Inventory and Work in Process Inventory. 17. Which of the following is a batch-level activity? A) Equipment setups B) Plant management C) Assembling D) Product design