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I need help with these two questions! Thank you, 10. Following are the...

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Accounting

I need help with these two questions! Thank you,

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10. Following are the budgeted costs for a manufacturing plant producing custom products: Materials (70% direct and 30% indirect) Labour (60% direct and 40% indirect) Supervision Amortization Utilities Total $15,000 12,000 5,000 10,000 4,860 $46,860 The company uses a normal costing system and overhead is allocated on the basis of direct labour cost. If actual direct labour cost was $7,500, the overhead allocated was a. $29,160 b. $20,688 c. $30,375 d. $48,813 e. None of the above. 11. Tern's Toys incurred $1,500 in production costs for the week. Work in process decreased by $100, and finished goods inventory increased by $500. What was the cost of goods sold? a. $1,100 b. $1,400 c. $1,500 d. $1,800 e. None of the above

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