ACCT 105 Act105 week 6.1100% COMPLETE QUESTIONS AND ANSWERS,

Question 1 of 10 10.0/ 10.0 Points Manufacturing overhead was applied to production at 60 percent of the direct labor cost of $10,000. The entry under perpetual inventory procedure is A.Dr. Work in Process Inventory for $6,000 and Cr. Manufacturing Overhead for $6,000. B.Dr. Finished Goods Inventory for $6,000 and Cr. Manufacturing Overhead for $6,000. C.Dr. Work in Process Inventory for $4,000 and Cr. Manufacturing Overhead for $4,000. D.Dr. Work in Process Inventory for $4,000 and Cr. Factory Overhead Applied for $4,000. Answer Key: A Question 2 of 10 10.0/ 10.0 Points Which of the following would be classified as administrative costs? (1) marketing research; (2) depreciation on president’s office facilities; (3) advertising; (4) factory taxes; (5) indirect materials; (6) machinery maintenance. A.None, they are all manufacturing overhead costs. B.2, 4 are administrative costs. C.1, 2, 3 are administrative costs. D.2 is the only administrative cost. E.4, 5, 6 are administrative costs.