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www.blackboard.odu.edu ?course assess se #3 (Chapter 7)- - 201730 SUMMER ACCT311-33738 Shop South Shore Furniture S v Question Completion Status: QUESTION 13 The predetermined overhead

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www.blackboard.odu.edu ?course assess se #3 (Chapter 7)- - 201730 SUMMER ACCT311-33738 Shop South Shore Furniture S v Question Completion Status: QUESTION 13 The predetermined overhead rate for manufacturing overhead for 2016 is $4.00 per direct labor hour.. Employees are expected to eam $5.00 per hour and the company is planning on paying its employees $100,000 during the year. However, only 75% of the employees are classified as estimated manufacturing overhead for 2016 "direct labor." what was the A. $75,000 B. $93,750 C.$60,000 O D. $80,000 QUESTION 14 Before prorating the manufacturing overhead costs at the end of 2016, the Cost of Goods Sold and Finished Goods Inventory had applied overhcad costs of $57,500 and $20,000 in them, respectively. There was no work were actually incurred. The balance in the Applied If the under- or overapplied overhead is prorated between Cost of Goods Sold and the inventory accounts, how much will be the Cost of Goods Sold after the proration? g the year, manufacturing overhead costs of $74,000 Manufacturing Overhead was $77,500 at the end of 2016. in process at the beginning or end of 2016. Durin A. $54,903 Click Suve and Submit to save and submit Click Sove Al Anavers to suve all anstovrs

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