1.)

A company estimates that overhead costs for the next year will be $8,420,000 for indirect labor and $160,500 for factory utilities. The company uses machine hours as its overhead allocation base. If 450,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round to two decimal places)

A.)$0.05 per machine hour.

B.)$19.07 per machine hour.

C.)$18.71 per machine hour.

D.)$0.36 per machine hour.

E.)$2.80 per machine hour.

2.)

Peterson Company estimates that overhead costs for the next year will be $3,600,000 for indirect labor and $820,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 130,000 machine hours are planned for this next year, what is the company's plantwide overhead rate?

A.)$0.03611 per machine hour.

B.)$34.00 per machine hour.

C.)$27.14 per machine hour.

D.)$6.3077 per machine hour.

E.)$0.1585 per machine hour.

3.)

Maroon Company's contribution margin ratio is 41%. Total fixed costs are $178,350. What is Maroons break-even point in sales dollars?

A.)$183,526.

B.)$73,124.

C.)$251,474.

D.)$178,350.

E.)$435,000.

4.)

A company manufactures and sells a product for $111 per unit. The company's fixed costs are $59,760, and its variable costs are $81 per unit. The company's break-even point in units is:

A.)1,992.

B.)538.

C.)738.

D.)311.

E.)750.

5.)

Watson Company has monthly fixed costs of $80,000 and a 50% contribution margin ratio. If the company has set a target monthly income of $14,700, what dollar amount of sales must be made to produce the target income?

A.)$189,400

B.)$94,700

C.)$160,000

D.)$29,400

E.)$130,600