Q#1 Orange Company manufactures calculators. During the month, $25,000 of raw ma
ID: 2504670 • Letter: Q
Question
Q#1
Orange Company manufactures calculators. During the month, $25,000 of raw materials were purchased, and the warehouse manager transferred $22,500 of direct material to production. Also, during the month, Orange incurred $34,000 of wages for hourly employees, 80% of which was for direct labor. The production supervisor earned $4,200 for the month. The compay also transferred supplies costing $1,400 from supplies inventory to production. What amount will Orange Company debit to Variable Overhead Control for the month?
a. $10,700
b. $11,000
c. $8,200
d. $5,600
Q#2
Mesquite Company manufactures wooden furniture. During the most recent month, Mesquite paid $3,500 for inspection costs, $4,600 to send employees to a training program, $8,000 to acquire improved production equipment, and $2,300 to staff the complaint department. Mesquite's prevention costs for the most recent month total.
a. $12,600
b. $10,400
c. $8,100
d. $4,600
Q#3
Orange Company manufactures calculators. During the month, Orange recorded the expiration of prepaid insurance on factory assets of $1,600; monthly property taxes on the factory of $800; and $5,000 of utilities expense ($3,000 fixed, $2,000 variable). What amount will Orange Company debit to Fixed Overhead Control for the month?
a. $800
b. $5,400
c. $3,800
d. $4,600
Explanation / Answer
1. 34,000*.2 +1,400= 8,200 C)
2. 4,600+8,000=12,600 A)
C 3,000+800+1,600= 5.400 B)
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