divided by estimated Direct Labor Cost b. actual MO divided by actual Direct Labor cost c. actual Direct Labor cost divided by actual MO d. actual MO divided by applied MO __b.__14. Depreciation on the salesman’s automobile would be debited to: a. depreciation expense b. manufacturing overhead c. indirect labor cost d. finished goods inventory __c._15. What criterion must be satisfied for inventory costs to move from Work in Process to Finished Goods Inventory? A. the goods get sold B. the manufacturing overhead is applied C. the goods get finished D. the goods get damaged __a._16. What criterion must be satisfied for inventory costs to move from Finished Goods to Cost of Goods Sold? A. the goods get sold B. the manufacturing overhead is applied C. the goods get finished D. a requisition is approved II. Cost Computations.Here are some costs incurred at Williams Manufacturing Company.

ItemBeginning of YearEnd of Year Raw Materials Inventory$15,000$25,000 Work in Process Inventory$40,000$31,000 Finished Goods Inventory$10,000$25,000 During the Year Purchases of Raw Material$82,000 Direct Labor Costs$95,000 Manufacturing Overhead$50,000 Answer……………………………………..Calculations $_72,000__1. Direct Materials Used _= $15,000+$82,000-$25,000___ $__217,000___2. Total Manufacturing Costs Incurred _= $72,000+$95,000+$50,000__ $_257,000___3. Total Manufacturing Cost_= $40,000+$217,000__ $_226,000__4. Cost of Goods Manufactured__= $40,000+$217,000-$31,000__ $_211000___5. Cost of Goods Sold__=$10,000+$226,000-$25,000___ III. Journal Entries.Make the appropriate journal entries for these transactions.