5) During the month of April, Candice Ltd. provides the following information: direct materials purchases of $35,200; direct materials used $32,000; direct labour cost of $20,700, and manufacturing overhead cost of $25,600. The work in process balance on April 1 and 30 were $8,000 and $9,500 respectively. What was the cost of goods manufactured? 8306 a) $80,000 b) $76,800 c) $83,000 d) $79,800 6) Which ONE of the following methods will most likely have the disadvantage of outliers? a) Least squares method. 6306 b) High-low method. c) Scatter graph method. d) None of the above. 7) Using the high-low method to split mixed costs, the variable rate is found to be $3 per hour and the high point is 200 hours at a total cost of $1,800. What is the fixed cost at 350 hours? $600 b) $750 $1,050 6368 c) d) $1,200 8) Using the information from Question 7. What is the total variable cost at 350 hours? a) $600 b) $750 c) $1,050 d) $1,200 9) Using the information from Question 7. What is the estimated total cost at 350 hours? $2,850 b) $3,000 c) $1,800 d) $2,250