Carls Ship Shop had variable costs of $25,000, fixed costs of $18,000, and an operating loss of $3,000. If Carls tax rate is 30%, what annual sales volume (in dollars) would be required for Carl to have an after-tax income of $3,150??

a.$49,286

b.$40,000

c.$60,000

d.$56,400

e.$44,500

f.$43,150

g.$43,000

h.None of the above

Sand Hollow Inc. uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead. Manufacturing overhead cost and direct labor hours were estimated at $90,000 and 20,000 hours, respectively, for the year. The companys labor rate is $16 per hour. By the end of the year, Sand Hollow had incurred$299,200 in total labor costs and $94,800 in actualmanufacturing overhead cost. Manufacturing overhead for the year was:

a.$4,800 under-applied

b.$4,800 over-applied

c.$5,850 under-applied

d.$5,850 over-applied

e.20,800 under-applied

f.$20,800 over-applied

g.$10,650 under-applied

h.$10,650 over-applied

i.None of the above