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(TCO 2) Citrus Company incurred manufacturing overhead costs of
$300,000. Total overhead applied to jobs was $306,000. What was the
amount of overapplied or underapplied overhead?
10. Question :
(TCO 3) Companies in which of the following industries would notbe
likely to use process costing?
11.Question :
(TCO 3) The Blending Department began the period with 20,000
units. During the period the department received another 80,000 units
from the prior department and at the end of the period 30,000 units
remained, which were 40% complete. How much are equivalent units
in The Blending Department’s work in process inventory at the end of
the period?
12. Question :
(TCO 3) Ranger Glass Company manufactures glass for French
doors. At the start of May, 2,000 units were in-process. During May,
11,000 units were completed and 3,000 units were in process at the
end of May. These in-process units were 90% complete with respect
to material and 50% complete with respect to conversion costs. Other
information is as follows:

Calculate the cost per equivalent unit for conversion costs.
13. Question :
(TCO 4) Clearance Depot has total monthly costs of $8,000 when
2,500 units are produced and $12,400 when 5,000 units are produced.
What is the estimated total monthly fixed cost?