2.5 7 points 00:56:16 Assume the following from a schedule of cost of goods manufactured: Purchases of raw materials Indirect materials used in production Beginning raw materials inventory Ending raw materials inventory Total manufacturing costs added to production Actual manufacturing overhead costs incurred Manufacturing overhead applied to production What is the direct labor cost? $ 38,000 $ 7,000 $ 10,000 $ 14,000 $ 71,200 $ 34,000 $ 32,000 Multiple Choice $15,200 $4,067 $12.200 $10,200 8 00 2.5 points Assume that a company uses direct labor dollars as the allocation base to compute its predetermined plantwide overhead rate of 140%. Also, assume the following information from the company's schedule of cost of goods manufactured, schedule of cost of goods sold, and its income statement: Direct labor Cost of goods manufactured $ 65,000 $ 260,000 Actual manufacturing overhead Selling and administrative expense $ 84,000 $ 76,000 If the beginning finished goods inventory was $10,000, the ending finished goods inventory was $2,000, and net operating income was $8,000 then what is the sales? 00:56:10 Multiple Choice $365,000 $315,000 $325,000 $345,000 9 2.5 points 00:56:05 Assume the following: Net operating income Overapplied overhead Cost of goods manufactured Beginning finished goods inventory Ending finished goods inventory Selling and administrative expenses What is the sales? $ 38,000 $ 5,000 $ 180,000 $ 10,000 $ 14,000 $ 39,000 Multiple Choice $238,000 $242,000 $256,000 $248,000