# Case (A) Case (B) Case (C) Beginning Balance (BB) \$ 28,780 \$ *

June 6, 2016

Question

Case (A)

Case (B)

Case (C)

Beginning Balance (BB)

\$

28,780

\$

19,100

\$

6,600

Ending Balance (EB)

?

13,400

13,700

Transferred In (TI)

135,900

?

78,400

Transferred Out (TO)

134,700

115,200

?

For Case (B) above, what is the Transferred-In (TI)?

a\$82,700.b\$109,500.c\$120,900.d\$147,700.

Fab Co. manufactures textiles. Among Fab’s 2012 manufacturing costs were the following salaries and wages:

Loom operators

\$

96,000

Factory foremen

36,000

Machine mechanics

24,000

What was the amount of Fab’s 2012 indirect labor?
a\$96,000b\$132,000c\$120,000d\$60,000

The predetermined manufacturing overhead rate for 2012 was \$11.00 per direct labor hour; employees were paid \$12.00 per hour. If the estimated direct labor cost was \$84,000, what was the estimated manufacturing overhead?

a\$7,000.b\$84,000.c\$77,000.d\$91,636.

Acme, Inc. had overhead of \$100,000 during the year when \$89,000 in labor costs were incurred. Estimates at the start of the year for overhead and labor costs were \$90,000 for overhead and \$85,000 for labor costs. The predetermined overhead rate would be: (Round your final answer to 2 decimal places.)

a105.88%.b111.11%.c89.00%.d104.71%.

Case (A)

Case (B)

Case (C)

Beginning Balance (BB)

\$

68,700

\$

62,380

\$

?

Ending Balance (EB)

64,850

?

14,350

Transferred In (TI)

198,100

83,650

68,250

Transferred Out (TO)

?

79,950

71,200

For Case (A) above, what is the Transferred-Out (TO)?
a\$133,250.b\$201,950.c\$194,250.d\$133,550.