1. X Company is a mrchandiser. It incurrd the following costs in 2020:

Insuranc costs	$26,259
Advrtising costs	17,305
Warhouse costs	20,545
Equipmnt rental	14,344
Mrchandise purchases	87,976
Employee salaris	14,074
Supply costs	19,779
Utility costs	28,415
Miscellaneous operating costs	19,741

On January 1, 2020, the Mrchandise Inventory account balance was $10,172; on Decmber 31, 2020, the balance was $49,835.

What was th Cost of Goods Sold in 2020?

1: $30,920

2: $38,650

3: $48,313

4: $60,391

5: $75,489

6: $94,361

2. On January 1, 2021, X Company stimated the following costs for th year:

Direct matrials	$58,900
Customer relations	98,600
Dirct labor	98,600
Factory supplis	19,100
Factory maintenance	30,800
Markting research	43,000
Factory rnt	48,300
Sals salaries	45,000
Legal department costs	98,600
Factory insuranc	58,400

The company also stimated that total direct labor hours for the year would b 5,800, and total machin hours would be 67,000.

The company finished Product A in Jun. It required 812 dirct labor hours at a cost of $9,860. It also required 4,020 machin hours.

If X Company uss a plantwide system to allocat overhead costs, with direct labor cost as th cost driver, how much overhead was allocatd to Product A [round overhead rat(s) to two decimal placs]?

1: $5,142 2: $7,457 3: $10,812 4: $15,677 5: $22,732 6: $32,962