Question: please solve as soon as solve quickly i get you thumbs up directly Thank you for your help The plant of Omer company uses job


please solve as soon as solve quickly i get you thumbs up directly Thank you for your help
The plant of Omer company uses job order costing system. And allocates manufacturing overhead cost using a budgeted rate of 57 per one machine hour, if the 2020 budgeted overhead cost $350,000. Calculate the over/under allocated overhead assuming 45,000 machine hours used and $295,000 actual overhead expensed during 2020 a. $30,000 over allocated b. $20,000 under allocated $20,000 over allocated O d. $25,000 under allocated e. $25,000 over allocated The following is a summary of October 2020 testing department operations of Ommer company. Direct materials are added at 80% degree of completion. Conversion costs are added evenly during the process. Ommer company uses the weighted average method of process costing Transferred-in Direct materials Conversion costs $ cost $ costs $ Work-in-process, beginning 1,000 Zero $250 inventory(October1) 50 units Total costs added during October 5,000 3,120 2,510 Completed and transferred out during October 240 units Ending (October 31) 60 units, degree of completion 60% Calculate the cost of Ending balance and Finished Goods (transferred out units) a. $4,248 ending balance and $25,440 finished goods b. $5,520 ending balance and $36,480 finished goods - $2,760 ending balance and $18,240 finished goods de $1,560 ending balance and $10,320 finished goods
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