5. The following information is available for the year ended December 31 $2,500 4,000 3,000 1,000 Beginning raw materials inventory Raw matcrials purchases Ending raw materials inventory Office supplies expense The amount of raw materials used in production for the year is: A. $4.100 B. $5,100. Be Di C.$3.500 D. $6,500 E. $4,000 6, A company has an overhead application rate of 125% of direct labor costs. How much ayerhrad would be allocated to a job if it required total labor costing $20,000 A. $ 5,000. B. S 16,000 C. S 25,000, D. $125,000. E. $250,000. 7. Which of the following is a feature of a process production system? A. Homogeneous products B. Low production volume C. High product flexibility E. Low standardization 8, A company's predetermined overhead allocation rate is 150% of its direct labor costs. D. Customized production How much overhead is applied to a job that requires total direct labor costs of $30,000? A. $15,000 B. S30,000 C $45,000 D. $60,000 E. $75,000 9. Which of the following is an example of a period cost? B. Depreciation on the factory equipment D. Salary of the line worker A. Factory electricity C. Salary of the CEO E. None of the above