1. Ajax Company accumulated the following account information for the year:

Beginning raw materials inventory: $ 6,000

Indirect materials cost: 2,000

Indirect labor cost: 5,000

Maintenance of factory equipment: 2.800

Direct labor cost: 7,000

Using the above information, total factory overhead costs would be:

Use the following to answer questions 2-3:

Use the following information from Hardy Company for the current year:

Raw materials used: $5,000

Direct Labor: 7,000

Total Factory Overhead: 5,100

Beginning goods in process: 3,000

Ending goods in process: 4,000

2. Determine Hardy%u2019s manufacturing costs added during the current year:

3. Determine Hardy%u2019s cost of goods manufactured during the current year:

4. Use the following information to compute the cost of goods manufactured:

Beginning raw materials: $ 5,500

Ending raw materials: 4,000

Direct labor: 12,250

Raw materials purchases: 7,400

Depreciation on factory equipment:. 6,500

Factory repairs and maintenance: 3,300

Beginning finished goods inventory: 10,200

Ending finished goods inventory: 8,900

Beginning goods in process inventory: 5,700

Ending goods in process inventory: 6,300

5. O. K. Company uses a job order cost accounting system and allocates its overhead on the basis of direct labor costs. O. K. expects to incur $800,000 of overhead during the next period, and expects to use 50,000 labor hours at a cost of $10.00 per hour. What is O. K. Company's overhead application rate?

6. Using the following accounts and an overhead rate of 90% of the direct labor cost, determine the amount of applied overhead.