4 Hilty Corporation produces and sells two products. In the most recent month, Product #77 had sales of $45,000 and variable expenses of $15,750. Product #86 had sales of $49,000 and variable expenses of $22,790. And the fixed expenses of the entire company were $46,170. The break-even point for the entire company is closest to: (a $78.254- (b) $84,710- (C) $98,124- (d) None of the above.~ The manufacturing overhead budget at Ferrucci Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 1,600 direct labor-hours will be required in December. The variable overhead rate is $4.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $25,120 per month, which includes depreciation of $5,440. All other fixed manufacturing overhead costs represent current cash flows. The December cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: (a $17,040- (b) $26,720- (c) $31,050- (d) None of the above.~ Ott Marple Company's budgeted production in units and budgeted raw materials purchases over the next three months are given below:- January February March~ ~ Budgeted production (in units) 60,000- 100,0006 Budgeted raw materials purchases (in pounds) 129,000- 165,000- 188,000fe Two pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs. The company is expected to have 36,000 pounds of raw materials on hand on January 1. Budgeted production for February should be: (a 51,000 units (b) 62,500 units- 75,000 units (d) None of the above.~ Overhead allocation based solely on a measure of volume such as direct labor-hourse is a key aspect of the activity-based costing model.~ must be used for external financial reporting. ~ will systematically over-cost low-volume products and under-cost high-volume products.~ (d) will systematically over-cost high-volume products and under-cost low-volume products.~