3. At the beginning of the quarter Desperate Manufacturing estimated its total overhead for the quarter to be $200,000 and its total machine hours to be 20,000. The company's actual machine hours for the quarter were 22,000. The company uses job-order costing with machine hours as the allocation At the end of the quarter, Desperate Manufacturing's books reveal following actual results: Direct Labor $90,000 Rent, Factory Building S90,000 Indirect Labor $40,000 Sales Commiss Utilities, Factory $20,000 Maintenance CEO Salary $8,000 Depreciation, Factory Equipment $40,000 What is Desperate's over-or under-applied OH? a. $5,000 b- $25,000 C. $3,000 d. $33,000 e. $20,000 #4. Last year Fault Corporation reported sales of S800,000, a contribution margin ratio of 40% and a net oss of $30,000. Based on this information, the break-even point was a. $920,000 b. $725,000 .$875,000 d.$950,000 e. None of the above