Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system: Activity Cost Pool (and Activity Measure) Machine related (machine-hours) Batch setup (setups) Order size (direct labor-hours) Total Cost $ 187,450 $ 756,700 $ 140,000 Activity Cost Pools Machine related Batch setup Order size Total Activity Product X Product Y Total 1,900 9,600 11,500 4,200 7,300 11,500 7,100 5,400 12,500 The total amount of overhead cost allocated to Product X would be closest to: (Do not round your intermediate calculations.) $386,850 $697,300 $756,700 $355,880 Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow: Sales are budgeted at $400,000 for November, $380,000 for December, and $370,000 for January. Collections are expected to be 45% in the month of sale and 55% in the month following the sale. The cost of goods sold is 75% of sales. The company would like to maintain ending merchandise inventories equal to 65% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $24,600. Monthly depreciation is $15,600. Ignore taxes. Balance Sheet October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipment, net of $572,600 accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $ 20,600 70,600 195,000 1,094,600 $ 1,380,800 $ 254,600 820,600 305,600 $ 1,380,800 Expected cash collections in December are: Multiple Choice $391,000 $220,000 $171,000 $380,000 The LaGrange Corporation had the following budgeted sales for the first half of the current year: January February March April May June Cash Sales $40,000 $ 45,000 $ 42,000 $37,000 $ 47,000 $70,000 Credit Sales $140,000 $160,000 $120,000 $ 122,000 $190,000 $160,000 The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled: Collections on sales: 30% in month of sale 35% in month following sale 35% in second month following sale The accounts receivable balance on January 1 of the current year was $92,000, of which $70,000 represents uncollected December sales and $22,000 represents uncollected November sales. The total cash collected during January by LaGrange Corporation would be: Multiple Choice $391,000 $220,000 $171,000 $380,000 At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July showed that actual maintenance costs totaled $12,550 and that the associated rate variance was $390 unfavorable. If 6,400 machine-hours were actually worked during July, the standard maintenance cost per machine-hour was: Multiple Choice $1.90 per machine-hour O $2.08 per machine-hour $1.96 per machine-hour $2.02 per machine-hour