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(TCO 1) Which of the following is an example of a manufacturing
overhead cost?
6. Question :
(TCO 1) Which of the following is a period cost?
7. Question :
(TCO 1) If the balance in the Finished Goods Inventory account
increased by $30,000 during the period and the cost of goods
manufactured was $220,000, how much is cost of goods sold?
8. Question :
(TCO 2) BCS Company applies manufacturing overhead based on direct
labor cost. Information concerning manufacturing overhead and labor
for August follows:
Estimated
Actual
9.Question :
(TCO 2) During 2011, Madison Company applied overhead using a job-
order costing system at a rate of $12 per direct labor hours. Estimated
direct labor hours for the year were 150,000, and estimated overhead for
the year was $1,800,000. Actual direct labor hours for 2011 were
140,000 and actual overhead was $1,670,000.
What is the amount of under or over applied overhead for the year?
10. Question :
(TCO 3) Compan