Dake Corporation's relevant range of activity is 4,500 units to 8,500 units. When it produces and sells 6,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 6.40 $ 3.50 $ 2.00 $ 2.20 $ 0.90 $ 0.60 $ 0.70 $ 0.60 If 5,500 units are produced, the total amount of direct manufacturing cost incurred is closest to: Bernson Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $492,000 and 30,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $517,000 and 28,300 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your Intermediate calculations to 2 decimal places.) Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the labor-hours for the upcoming year at 34,700 labor-hours. The estimated variable manufacturing overhead was $6.11 per labor-hour and the estimated total fixed manufacturing overhead was $774,851. The actual labor-hours for the year turned out to be 31,000 labor-hours. The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $6.11 per labor-hour $28.44 per labor-hour $22.33 per labor-hour $31.83 per labor-hour The following accounts are from last year's books of Sharp Manufacturing: 157,000 522,000 Raw Materials Debit Credit Balance 0 (b) (a) 171,500 14,500 Work In Process Debit Credit Balance 0 (f) (b) 133,500 (c) 171,000 (e) 217,500 0 Finished Goods Debit Credit Balance 0(g) (f) 522,000 47,000 Manufacturing Overhead Debit Credit (b) 23,500(e) (c) 27,500 (d) 159,000 475,000 217,500 7,500 Cost of Goods Sold Debit Credit (g) 475,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? Mayeux Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity-based costing system: Costs: Wages and salaries Depreciation Utilities Total $ 320,000 160,000 240,000 $ 720,000 Distribution of resource consumption: Wages and salaries Depreciation Utilities Activity Cost Pools Assembly Setting Up 508 408 108 55% 158 50% Other 108 358 35% Total 1008 1008 1008 How much cost, in total, would be allocated in the first stage allocation to the Setting Up activity cost pool? Saint Johns Corporation uses a job-order costing system and has provided the following partially completed summary T-accounts for the just completed period: 534,000 Debit Balance Direct materials Direct labor Overhead applied Balance Work In Process Credit 22,000 Credits 85,000 161,000 273,000 ? Manufacturing Overhead Credit 200,000 Credits Debit Debits Manufacturing overhead for the period was: Tyare Corporation had the following inventory balances at the beginning and end of May: Raw materials Finished Goods Work in Process May 1 May 30 $31,000 $41,000 $80,500 $77,000 $19,000 $17,347 During May, $64,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15 per hour. A total of 410 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $7,600 of direct materials cost. The Corporation incurred $43,650 of actual manufacturing overhead cost during the month and applied $42.900 in manufacturing overhead cost. The actual direct labor-hours worked during May totaled