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1.)Crinks Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 14,500 hours and the

1.)Crinks Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 14,500 hours and the total estimated manufacturing overhead was $371,200. At the end of the year, actual direct labor-hours for the year were 14,200 hours and the actual manufacturing overhead for the year was $359,770. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.)

2.)

Rickers Inc. produces and sells two products. Data concerning those products for the most recent month appear below:

Product O66C Product V67G
Sales $40,000 $45,000
Variable expenses $12,800 $28,850

The fixed expenses of the entire company were $38,940. The break-even point in sales dollars for the entire company is closest to: (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

3.)

The following information pertains to Clove Co.:

Budgeted sales $1,020,000
Breakeven sales $ 680,000
Budgeted contribution margin $ 580,000

Clove's margin of safety is:

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