1. agale combines, inc. has \$40,000 of ending finished goods

1.        1. Agale Combines, Inc. has \$40,000 of ending finished goods inventory as of December 31, 2014. If beginning finished goods inventory was \$25,000 and cost of goods sold was \$75,000, how much would Agale report for cost of goods manufactured?

a.        \$90,000

b.        \$115,000

c.        \$15,000

2.       2. Duggan Company reported total manufacturing costs of \$305,000, manufacturing overhead totaling \$58,000, and direct materials totaling \$62,000.  How much is direct labor cost?

a.        \$185,000

b.        \$425,000

c.        \$120,000

3.        3. orm’e Company applies overhead on the basis of 130% of direct labor cost. Job No. 190 is charged with \$140,000 of direct materials costs and \$208,000 of manufacturing overhead. The total manufacturing costs for Job No. 190 is

a.        \$348,000

b.        \$508,000

c.        \$618,000

4.        4. Which of the following is not viewed as part of accumulating manufacturing costs in a job order cost system?

a.        Cost of goods sold is recognized

b.        Factory labor is incurred

c.        Raw materials are purchased

5.        5. Roscoe Company incurred direct materials costs of \$500,000 during the year. Manufacturing overhead applied was \$540,000 and is applied based on direct labor costs. The predetermined overhead rate is 75%. How much are Roscoe Company’s total manufacturing costs for the year?

a.        \$1,445,000

b.        \$1,040,000

c.        \$1,760,000

6.        6. reeWater Company provided the following information from its accounting records for 2014:

Expected production         50,000 labor hours

Actual production               45,000 labor hours

How much is the overhead application rate if Freewater Company bases it on direct labor hours?

a.        \$29.00 per hour

b.        \$25.15 per hour

c.        \$27.94 per hour

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.