Question: - Question 4 5 pts Rapido, LLC uses machine hours as the activity base for its manufacturing overhead. The estimate of annual overhead costs for
- Question 4 5 pts Rapido, LLC uses machine hours as the activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $2,200,000. The company used 1,000 hours of processing on Job No. B12 during the period and incurred actual overhead costs totaling $2,150,000. The budgeted machine hours for the year totaled 20,000. How much overhead should be applied to Job No. B12? $2.150 $2.200 $110,000 $107.500 Question 5 5 pts . Granada Inc. applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No. 250, the only job still in process at the end of September, has been charged with manufacturing overhead of $6,300. What was the amount of direct labor charged to Job 250 assuming the balance in Work in Process inventory is $55,000? $41,700 56,300 $7,000 $55,000
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