a) What should be the value of Prime Cost? (Use the information given below) b) What should be the correct answer for Conversion cost? 1 point

$1010000

$680000

$580000

$1050000

None of the above c) What should be the total manufacturing cost?

$1010000

$680000

$720000

$580000

$1050000

None of the above d)

Based on the information given above, choose the correct answer:

The manufacturing overhead cost is overapplied.

The manufacturing overhead cost is underapplied

. A company can not have both applied and actual manufacturing overhead costs.

The actual manufacturing overhead cost should be calculated with the help of the predetermined overhead rate.

Information for Question No. 4-7. The following information regrading ABC Company is available: Sales Manufacturing Overhead Cost (Applied) Manufacturing Overhead Cost (Actual) Direct material Direct Labour Selling & Admin Expenses $8235,000 $430,000 $470,000 $330,000 $250,000 $300,000