ASAP Please!

1. On the Schedule of Cost of Goods Manufactured, the final Cost of Goods Manufactured figure represents:

A) the amount of cost charged to Work in Process during the period.

B) the amount of cost transferred from Finished Goods to Cost of Goods Sold during the period.

C) the amount of cost placed into production during the period.

D) the amount of cost of goods completed during the current year whether they were started before or during the current year.

2. Baker St. Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:

Estimated machine-hours	74,000
Estimated variable manufacturing overhead	$7.67	per machine-hour
Estimated fixed manufacturing overhead	$1,630,960

The predetermined overhead rate for the upcoming year is closest to:

A) $29.59 per machine-hour

B) $7.67 per machine-hour

C) $22.04 per machine-hour

D) $29.71 per machine-hour