Job Order Costing92.The predetermined overhead rate is
93.In calculating a predetermined overhead rate, a recent trend in automated manufacturingoperations is to choose an activity base related to
94.If annual overhead costs are expected to be $750,000 and direct labor costs are expectedto be $1,000,000, then
95.Overhead application is recorded with aa.credit to Work in Process Inventory.b.credit to Manufacturing Overhead.c.debit to Manufacturing Overhead.d.credit to job cost sheets.
96.Manufacturing overhead applied is added to direct labor incurred and to what other item toequal total manufacturing costs for the period?
97.At the beginning of the year, Monroe Company estimates annual overhead costs to be$1,500,000 and that 300,000 machine hours will be operated. Using machine hours as abase, the amount of overhead applied during the year if actual machine hours for the yearwas 315,000 hours is
98.Cost of goods sold is obtained from