1.2.

The Arrow Company uses a job-order costing system and applies overhead on the basis of direct labor costs. At the end of September, Arrow had one job still in process. The job cost sheet for this job contained the following information: Direct materials Direct labor Manufacturing overhead applied $1,000 $2,400 $1,200 An additional $1,500 of labor was needed in October to complete this job. For this job, how much should Arrow have transferred to finished goods inventory in October when it was completed? $7,600 $8,350 $6,850 $6,100 The Tyke Corp. sells bicycle helmets for $90 each. The variable manufacturing costs per unit total $35 (direct material, direct labor and manufacturing overhead). The total fixed manufacturing overhead is $112,000. For selling and administrative costs, variable S&A is $10 per unit and fixed S&A is $132,000. Tyke produced 16,000 units and sold 10,000 units. The absorption costing NOI is than the variable costing Nol by lower; $42,000, respectively. lower; $58,000, respectively. OOOO higher; $58,000, respectively. higher; $42,000, respectively