80.2K

Verified Solution

Link Copied!

ABC Company uses machine hours to allocate manufacturing overhead. If ABC's applied manufacturing overhead cost is $100,000 and the actual machine hours used is 5,000 hours, what predetermined overhead rate (POR) did ABC use? O $20 per machine hour. O $500,000 per machine hour. O $20 per direct labor hour. O $.05 per machine hour. Carr Company uses direct labor hours to allocate manufacturing overhead. The estimated direct labor hours for the year is 10.000 and the estimated manufacturing overhead for year is $100,000 The actual direct labor hours for Job AA was 120 hours. The applied manufacturing overhead for Job AAIS: O $10 $120 O $1.200 O $12 This costing system is used to apply costs to similar products that are mass-produced in a continuous fashion: O Process costing O Activity-Based Costing (ABC). O Job order costing. O d. Just-in-time manufacturing. One major difference between job-order costing and process costing lies in how which inventory account is handled? Merchandise inventory O Work in process inventory Raw materials inventory O Finished goods inventory Conversion costs are equal to: O manufacturing overhead and direct materials. direct materials and direct labor. O selling expenses and administrative expenses. O direct labor and manufacturing overhead. Under process costing, product costs include O direct labor O manufacturing overhead O direct materials O all of the above

Answer & Explanation Solved by verified expert

See Answer