3 Question 5 (0.5 points) Given the cost formula Y = $18,000 + $6X, total cost at an activity level of 9,000 units would be: 6 $72,000 $18,000 9 $36.000 $54,000 Question 6 (0.5 points) Consider the following taken from a schedule of cost of goods manufactured: Raw-material inventory, $45,000 beginning Purchases of raw materials $280,000 Raw material used $225,000 Direct labor $300,000 $450,000 Total manufacturing overhead Total manufacturing costs $975,000 What was the amount of the ending raw-material inventory? $450,000 Total manufacturing overhead Total manufacturing costs $975,000 What was the amount of the ending raw-material inventory? $55,000 $65,000 $15,000 $100,000 O None of the above Question 7 (0.5 points) Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine Hours January $8,700 800 February 8,360 720 March 8,950 810 April 9,360 920 May 9,625 950 June 9,150 900 The variable utilities cost per machine hour is: June 9,150 900 The variable utilities cost per machine hour is: $0.18. $4.50 $5.00. $5.50 an amount other than those listed above