CH 1 AP. The insurance cost is $6.25 per unit when 40,000 units are produced. How much is the insurance cost expected to be when 45,000 units are produced next month? $281.250 $31,250 $250,000 Some other answer $25,000 CH 2 AP. Blue Blast applies OH using materials cost and sets prices at 23% above costs. The company's labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85? How much are the COGMfd? $25,000 $24,300 $131,800 There is not enough information to solve $129,100 CH 2 AP. Blue Blast applies OH using materials cost and sets prices at 23% above costs. The company's labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85? The predetermined MOH rate is Some other answer $4.00 $3.125 $.36 $.25 CH 2 AP. Blue Blast applies OH using materials cost and sets prices at 23% above costs. The company's labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85? $6,005.00 $4,400.00 $3,500.00 $5,227.50 $6,500.00 CH 2 AP. Blue Blast applies OH using materials cost and sets prices at 23% above costs. The company's labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85? By how much was MOH over applied or under applied? Some other answer $0 $9,050 $6,575 $850 CH 2 AP. Blue Blast applies OH using materials cost and sets prices at 23% above costs. The company's labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85? How much direct labor will be debited to the labor expense account? $16,875 Some other answer $4,500 $0 $67,500 CH 2 AP. Blue Blast applies OH using materials cost and sets prices at 23% above costs. The company's labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85? How much are the total current manufacturing costs? $129,100 $107,500 $124,375 $210,938 $131,800 CH 2 AP. Blue Blast applies OH using materials cost and sets prices at 23% above costs. The company's labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85? How much revenue did the company earn from the sale of the 5,000 units? $54,800 $52,300 $51,000 Some other answer $60,700 Bonus Question (14 points). Record your answer choices to the given questions on your scantron. A minimum of 80 Knowledge Base and Knowledge Base Application points must be earned in order to receive credit for the bonus question. CH1 BONUS. A company has 30 retail stores across the state of Florida. The company pays the rent on the first of each month for each store. If the company is trying to decide if it will close a store, the company's management should know that: the rent is incremental and is relevant to decisions. the rent is fixed and is not relevant to any decisions. both the rent is incremental and is relevant to decisions and the rent is an opportunity cost and is relevant to decisions. the rent is sunk and is not relevant to any decisions. the rent is an opportunity cost and is relevant to decisions