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(Same info as #2) LOL Pet Manufacturing Company uses a normal costing system in conjunction with process costing The activity base for all overhead costs is direct labor hours All goods, which were started during the period were completed and sold during the period Costs of manufacturing for the current period are: Estimated $12,000 $25,000 Direct labor Direct materials Direct labor hours Manufacturing overhead Variable selling expenses Number of units produced Actual $16,000 $20,000 6,000 $66,000 $12,000 800 $50,000 $10,000 What is the amount of manufacturing overhead applied to WIP during the period (before adjustment)? $12,000 $60,000 $66,000 $50,000 None of the above LOL Pet Manufacturing Company uses a normal costing system in conjunction with process costing The activity base for all overhead costs is direct labor hours All goods, which were started during the period were completed and sold during the period Costs of manufacturing for the current period are: Direct labor Direct materials Direct labor hours Manufacturing overhead Variable selling expenses Number of units produced Estimated $12,000 $25,000 5,000 $50,000 $10,000 1,000 Actual $16,000 $20,000 6,000 $66,000 $12,000 800 What is the predetermined overhead rate (rounded to nearest penny)? $13.20 $8.33 $4.13 $10.00 None of the above

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