(Solved): Help Froya Fabrikker A/S of Bergen, Norway, manufactures specialty heavy equipment for use in North ...

Help Froya Fabrikker A/S of Bergen, Norway, manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system that applies manufacturing overhead cost to jobs based on direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated

of manufacturing overhead for an estimated allocation base of 900 direct labor-hours. The following transactions occurred during the year: a. Raw materials purchased on account,

. b. Raw materials used in production (all direct materials),

. c. Utility bills incurred on account,

(

related to factory operations, and the remainder related to selling and administrative activities). d. Accrued salary and wage costs: \table[[Direct labor (950 hours),