Reference no: EM131714991

Question 1 - Boulder Corporation uses estimated direct labor hours of 200,900 and estimated manufacturing overhead costs of $920,700 in establishing manufacturing overhead rates. Actual manufacturing overhead was $970,200, and allocated manufacturing overhead was $1,012,700. What was the number of actual direct hours worked? (Round intermediary calculations to the nearest cent and the final answer to the nearest dollar.)

A.221,114

B.209,701

C.190,650

D.200,900

Question 2 - Tall Timbers reports the following data for its first year of operation:

Work in process inventory, beginning	$ 0
Work in process inventory, ending	$50,200
Manufacturing overhead	$25,400
Direct materials used	$7,700
Direct Labor	$60,000
Finished goods inventory, beginning	$ 0
Finished goods inventory, ending	$20,000
Cost of goods manufactured	$42,900

What is the cost of goods sold?

A. $22,900

B. $76,000

C. $73,100

D. $42,900