# ACC 211 Final Ch 4

Identify the formula to compute unit costs used by firms in process industries.
a.Process Costs ÷ Output
b.Output ÷ Total Job Costs
c.Total Job Costs ÷ Output
d.Output × Process Costs
Click the card to flip 👆
1 / 39
Terms in this set (39)
Which of the following is true of overhead variance?
Tuscany Company estimated the following costs at the beginning of a particular year:
Direct labor cost \$910,000

Tuscany uses normal costing and applies overhead on the basis of direct labor cost. (Direct labor cost equals total direct labor hours worked multiplied by the wage rate.) The direct labor cost was \$46,000 for the month of January. Determine the overhead applied for the month of January.
a.\$103,500
b.\$230,000
c.\$79,000
d.\$184,000
The following information is related to Alpha Company:
Estimated manufacturing overhead costs for the year: \$246,000
Actual manufacturing overhead costs for the year: \$199,000
Estimated direct labor hours for the year49,000
Actual direct labor hours for the year: 34,000
Alpha uses normal costing and applies overhead on the basis of direct labor hours.The predetermined overhead rate of Alpha Company is:
a.\$4.1 per hour.
b.\$7.2 per hour.
c.\$5.0 per hour.
d.\$8.8 per hour.
Identify the formula used to calculate applied overhead under normal costing.