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Online Exam 2_02Part 1 of 1 -90.0/ 100.0 PointsQuestion 1 of 20 5.0/ 5.0 PointsWatson's Computer Company uses ABC to account for its manufacturing process.ActivitiesIndirect activity budgetAllocation base (cost driver)Materials handling$52,000Based on number of partsMachine setup30,000 Based on number of setupsAssembling9,750Based on number of partsPackaging15,300 Based on number of finished unitsWatson's Computer Company expects to produce 2,250 computers. Watson's ComputerCompany also expects to use 13,000 parts and have 20 setups. The allocation rate for materialshandling will be:A.$4.B.$6.80.C.$23.11.D.$7.01.
Question 2 of 20 5.0/ 5.0 PointsIn job costing, the journal entry to record the use of direct materials on jobs is to debit work-in-process inventory and credit:
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Question 3 of 20 0.0/ 5.0 PointsShowboat Corporation had actual manufacturing overhead costs for the most recent year of$29,500. Manufacturing overhead is allocated using a predetermined manufacturing overheadrate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year,Cabaret Corporation found it had over allocated manufacturing overhead by $1,250. How muchmanufacturing overhead was allocated in total during the year?