1) _______ A) $272400 B) $212040 C) $193450 D) $217000 2) The following account

1) _______ A) $272400 B) $212040 C) $193450 D) $217000 2) The following account balances at the beginning of January were selected from the general ledger of Sailor Manufacturing Company:
Work in process inventory $0
Raw materials inventory $26000
Finished goods inventory $46000
Additional data:
1) Actual manufacturing overhead for January amounted to $62000.
2) Total direct labor cost for January was $57000.
3) The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $300000 of direct labor cost and $360000 of manufacturing overhead costs.
4) The only job unfinished on January 31 was Job No. 1002 for which total direct labor charges were $6300 (800 direct labor hours) and total direct material charges were $12000.
5) Cost of direct materials placed in production during January totaled $101000. There were no indirect material requisitions during January.
6) January 31 balance in raw materials inventory was $32000.
7) Finished goods inventory balance on January 31 was $34500.
What is the cost of goods manufactured for January? 2) _______ A) $226400 B) $179640 C) $205500 D) $200540 3) The following account balances at the beginning of January were selected from the general ledger of Sailor Manufacturing Company:
Work in process inventory $0
Raw materials inventory $26000
Finished goods inventory $46000
Additional data:
1) Actual manufacturing overhead for January amounted to $62000.
2) Total direct labor cost for January was $57000.
3) The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $300000 of direct labor cost and $360000 of manufacturing overhead costs.
4) The only job unfinished on January 31 was Job No. 1002 for which total direct labor charges were $6300 (800 direct labor hours) and total direct material charges were $12000.
5) Cost of direct materials placed in production during January totaled $101000. There were no indirect material requisitions during January.
6) January 31 balance in raw materials inventory was $32000.
7) Finished goods inventory balance on January 31 was $34500.
What is the work in process inventory balance on January 31? 3) _______ A) $49550 B) $7560 C) $23550 D) $25860 4) Jason Corporation uses activity-based costing. The company produces two products: Snaps and Pops. The expected annual production of Snaps is 1000 units while the expected annual production of Pops is 3000 units. There are three activity cost pools: Assembly Testing and Packing. The estimated costs and activities for each of these three activity pools follows:
Expected activity
Activity cost pool Estimated cost Snaps Pops Total
Assembly $ 4550 600 100 700
Testing $ 22320 1100 700 1800
Packing $ 1738 60 160 220
The overhead cost per unit of Pops would be closest to: 4) _______ A) $10.59. B) $26.80. C) $9.54. D) $3.53.