Checker Inc. produces automobile bumpers. Overhead is applied on the basis of machine hours required for cutting and fabricating. A predetermined overhead application rate of $9.50 per machine hour was established for 2019 Required: a. If 9,300 machine hours were expected to be used during 2019. how much overhead was expected to be incurred? b. Actual overhead incurred during 2019 totaled $120,900, and 10,100 machine hours were used during 2019. Calculate the amount of over- or underapplied overhead for 2019. (Input the amount as positive value.) c. Whether the overapplied or underapplied overhead for the year is normally transferred to cost of goods sold in the income statement? Budgeted overhead c Cost of goods sold in the income statement is normal Wool Creations Inc. manufactures wool sweaters. Costs incurred in making 9,900 sweaters in October included $38,115 of fixed manufacturing overhead. The total absorption cost per sweater was $11.55 Required: a. Calculate the variable cost per sweater. (Round intermediate calculations and final answer to 2 decimal places.) Variable cost per sweater b. The ending inventory of sweaters was 1,600 units lower at the end of the month than at the beginning of the month. By how much and in what direction (higher or lower) would cost of goods sold for the month of October be different under variable costing than under absorption costing? (Round intermediate calculations to 2 decimal places.) Cost of goods sold under variable costing will be