1. how would outstanding checks be handled when reconciling the ending cash balance per the bank statement to the correct adjusted cash balance? a. they would be added to the balance of the bank statement. b. they would be subtracted from the balance of the bank statement. c. they would be added to the balance per books. d. they would be ignored. 2. if the bank charged another company’s check against shoe depot’s account, this would be included on the bank reconciliation as a/an a. addition to the balance per books. b. subtraction from the balance per books. c. addition to the balance per bank. d. subtraction from the balance per bank.

Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6