1. The Piglet Company allocates MOH based on Direct Labor cost. Piglet expected to have $250,000 of MOH and $100,000 of

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1. The Piglet Company allocates MOH based on Direct Laborcost. Piglet expected to have $250,000 of MOH and $100,000 ofDM used and $200,000 of DL costs. During the year, Pigletactually had $230,000 of MOH, $95,000 of DM Used and $205,000 of DLcosts. What was over- or under-applied MOH amount?
2. The Piglet Company allocates MOH based on Direct Laborcost. Piglet expected to have $250,000 of MOH and $100,000 ofDM used and $200,000 of DL costs. During the year, Pigletactually had $230,000 of MOH, $95,000 of DM Used and $195,000 of DLcosts. When Piglet closed the under- or over-applied MOH forthe year, what was the effect?
a. Increase CGS
b. Decrease CGS
c. Increase Period Expenses
3. The Piglet Company allocates MOH based on Direct LaborCost. Piglet expected to have $250,000 of MOH and $100,000 ofDM used and $200,000 of DL costs. During the year, Pigletactually had $230,000 of MOH, $95,000 of DM Used and $205,000 of DLcosts. If Piglet had Beginning WIP inventory of $30,000 andEnding WIP Inventory of $25,000, what was Cost of GoodsManufacturing?
4. Christopher Company uses a job order costing system thatapplies MOH at a rate of 75% of Direct Materials used. At thestart of the year, Job 77 had $5,000 in beginning costs (it was inbeginning work in process). During the year, materialsrequisitions show $10,000, and direct labor costs were $20,000; itwas completed with these costs. What was the total cost ofJob 77?
5. During the year, Robin Inc Completed Job 78 that cost$9,000. How would the completion of the job be recorded inthe accounting system?
a. Debit to CGS 9000
b. Credit to CGS 9000
c. Debit to WIP 9000