A company's Factory Overhead account shows total debits of $612.000 and total credits of $751,000 at the end of the year. Determine whether there is over- or underapplied overhead using the T-account below. Factory Overhead Prepare the journal entry to close the balance in the Factory Overhead account to Cost of Goods Sold. View transaction list Journal entry worksheet Record the entry to close the balance in the Factory Overhead account, Zhao Co has fixed costs of $378,200. Its single product sells for $179 per unit, and variable costs are $118 per unit Determine the break-even point in units Break-even point units Zortek Corp, budgets production of 410 units in January and 360 units in February. Each finished unit requires one pounds of raw material Z, which costs $2 per pound. Each month's ending inventory of raw materials should be 30% of the following month's budgeted production. The January 1 raw materials inventory has 110 pounds of Z. Prepare a direct materials budget for January ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production (units) units Materials needed for production (lbs) ibs Ibs lbs Total materials requirements (lbs) Ibs Materials to be purchased (lbs) lbs obs perib Total cost of direct materials purchases Gelb Company currently manufactures 51,500 units per year of a key component for its manufacturing process. Variable costs are $6.25 per unit, fixed costs related to making this component are $75,000 per year, and allocated fixed costs are $71,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.70 per unit. Calculate the total incremental cost of making 51,500 units and buying 51,500 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier? Complete this question by entering your answers in the tabs below. Costs to Make Costs to Buy Outside Supplier Calculate the total incremental cost of making 51,500 units. (Round "variable cost per unit answers to 2 decimal places) Incremental Costs to Make Relevant Amount per Unit Relevant Fixed Costs Total Relevant Costs Variable cost per unit Fixed manufacturing costs Total incremental cost to make $ 0 SEM Costs to Buy >