The records of Tuscon Corporation revealed the following data for the current year. Work in Process $73,150 Finished Goods 115,000 Cost of Goods Sold 133,650 Direct Labor 111,600 Direct Material 84,200 Refer to Tuscon Corporation. Assume, for this question only, actual overhead is $98,700 and applied overhead is $93,250. Manufacturing overhead is: Select one: a. overapplied by $5,450. b. underapplied by $18,350. c. overapplied by $12,900. d. underapplied by $5,450.

Manufacturing cost data for Copa Company are presented below.Indicate the missing amount for each letter (a) through (i).     Case A   Case B   Case C Direct materials used   $  (a)   $68,400     $130,000   Direct labor   57,000     86,000       (g) Manufacturing overhead   46,500     81,600     102,000   Total manufacturing costs   195,650       (d)   253,700   Work in process 1/1/20     (b)   16,500       (h) Total cost of work in process   221,500       (e)   337,000   Work in process 12/31/20     (c)   11,000     70,000   Cost of goods manufactured   185,275       (f)     (i)

Selected T-accounts of Moore Company are given below for the just completed year:   Raw Materials Bal. 1/1 35,000 Credits ? Debits 160,000     Bal. 12/31 45,000     Manufacturing Overhead Debits 188,400 Credits ?         Work in Process Bal. 1/1 40,000 Credits 530,000 Direct materials 110,000     Direct labor 210,000     Overhead 218,400     Bal. 12/31 ?     Factory Wages Payable Debits 225,000 Bal. 1/1 19,000     Credits 220,000     Bal. 12/31 14,000 Finished Goods Bal. 1/1 60,000 Credits ? Debits ?     Bal. 12/31 90,000     Cost of Goods Sold Debits ?       Required: 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the…

Assume the following information appears in the standard cost card for a business that makes only one product:   Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 5 pounds $ 11.00 per pound $ 55.00 Direct labor 2 hours $ 17.00 per hour $ 34.00 Variable manufacturing overhead 2 hours $ 3.00 per hour $ 6.00 During the most recent period, the following additional information was available: 20,000 pounds of material was purchased at a cost of $10.50 per pound. All of the material that was purchased was used to produce 3,900 units. 8,000 direct labor-hours were recorded at a total cost of $132,000. The actual variable overhead cost incurred during the period was $25,000. Assuming a business uses direct labor-hours to compute its predetermined overhead rate, what is the variable overhead spending variance?   Multiple Choice   $1,600 F   $1,600 U   $1,000 U   $1,000 F