4 12. A company had Estimated Machine Hours 150,000 hours Actual Machine Hours 145,000 hours Predetermined Overhead Rate of $10 per Machine Hour ACTUAL Manufacturing Overhead of $1,445,000, This would result in which of the following b. Manufacturing Overhead Overapplied $5,000 a. Manufacturing Overhead Underapplied $5,000 c. Manufacturing Overhead Underapplied $55,000 d Manufacturing Overhead Overapplied $55,000 e. None of the above. The answer is Answer 13. Consider the following statements: 1. Under Variable Costing Fixed manufacturing costs are treated as a PRODUCT expense. Costing its profit generally will be larger than if the company uses Variable Costing a. I is true; His true b. I is true; His false c. lis false; Il is true d. lis false;ll is false Answer 14. The following data have been collected for four different cost items. Cost Item w Y Z Cost at 100 units $ 8,000 $ 5,000 $ 6,500 6,700 Cost at 140 units $ 10,560 $ 5,000 $ 9,100 $ 8,580 Which of the following classifications of these cost items by cost behavior is correct? Cost W Cost X Cost Y Cost z a. Variable Fixed Mixed variable b. Mixed Fixed Variable mixed c. Variable Fixed Variable variable d. Mixed Fixed Mixed mixed