A company has an overhead application rate of 125% of direct labor costs. How much overhead would be allocated to a job if it required total labor costing $20,000? O $25,000 $5,000. O $125,000 O $16,000 $250,000. QUESTION 2 Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $15,000, what dollar amount of sales must be made to produce the target income? O $39,200 O $245,000 O $207,500 O $37,300 O $170,000