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3. The Cameron Corporation manufactures custom-made purses. The following data pertains to Job XYS Direct materials placed into production Direct labor hours worked Direct labor rate per hour Machine hours worked 4,000 50 hours s1S 100 hours Factory overhead is applied using a plant-wide rate based on direct labor hours Factory overhead was budgeted at $80,000 for the year and the direct labor hours were estimated to be 20,000. Job XYS consists of 50 units Wat cost per unit for Job xYST a.$267 .$80 e$40 d. $4 4. Lanyard Company uses a job-order costing system to account for prodact costs. The followig information pertains to 2018 Materials placed into production Indirect labor Direct labor (10,000 hours) Depreciation of factory building Other factory overhead Increase in work-in-process inventory $140,000 40,000 160,000 60,000 100,000 30,000 Factory overhead rate is $18 per direct labor hour. What is the total amount debited to Finished Goods Inventory in 20182 a. $490,000 b. $510,000 c. $450,000 d. $350,000 5. Grey, Inc., uses a predetermined rate to apply overhead. At the beginning of the year, Grey estimated its overhead costs at $220,000, direct labor hours at 55,000, and machine hours at 20,000. Actual overhead costs incurred were $233,250, actual direct labor hours were 62,000, and actual machine hours were 15,000 If the predetermined overhead rate is based on machine hours, what is the total amount credited to the factory overhead account for the year for Grey? a. $240,000 b. $135,000 c. $215,000 d. $165,000

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