Please provide explanation to the correct answer.

Question #12

Selected accounts with some debits and credits omitted arepresented as follows:

Work in Process
Oct. 1	Balance	20,000	Oct. 31	Goods finished	X
31	Direct materials	96,700
31	Direct labor	201,000
31	Factory overhead	X

Finished Goods
Oct. 1	Balance	52,000
31	Goods finished	360,000

If the balance of Work in Process at October 31 is $21,000, whatwas the amount of factory overhead applied in October?

  $11,300

  $42,300---Incorrect

  $21,300

  $63,300

Question #13

If the amount of actual factory overhead cost incurred exceedsthe amount applied, the factory overhead is:

over-applied----Incorrect

  max-applied

  straight-line applied

  under-applied

Question #15

The recording of the jobs shipped and customers billed wouldinclude a debit to:

  Cash

  Accounts Payable

  Finished Goods---Incorrect

  Cost of Goods Sold

Question # 24

In process costing, the allocation of current period cost toending WIP will be based on

  Started and Completed Units EUP

  Ending WIP EUP

  Finished Goods EUP

  Beginning WIP EUP------Incorrect