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do all questions 37) corporation manufactures two models of furniture-Standard and Deluxe. The total manufacturing overhead is $64,350 The company uses direct labor costs as

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37) corporation manufactures two models of furniture-Standard and Deluxe. The total manufacturing overhead is $64,350 The company uses direct labor costs as the base to allocate manufacturing overhead. Calculabe the peedetermined overhead rate A).39% B)63% C)60% D)28% 38) 38) Which of the following statements is true of the just-in-time costing system? A) It results in increased inventory storage costs )It records summary jourmal entries before the units are purchased Q) It increases the risk of the inventory becoming obsolete or unsalable D) It increases the need for suppliers to deliver raw materials on time 39) Intemal failure costs are costs incurred 39) A) when the company detects and corrects poor-quality goods or services before delivery to B) after the company delivers poor-quality goods or services to customers and then has to make things right with the customer C) to avoid poor-quality goods or services D) to detect poor-quality materials, goods, or services 40) Brannon Company manufactures ceiling fans and uses an activity-based costing system. Each 40) ceiling fan consists of twenty separate parts. The direct material cost is $95 and each ceiling fan requires 2.5 hours of machine time to manufacture. Additional information is as follows Activ Materials handling Number of parts Machining Cost Allocation Rate S 0.08 7.20 0.35 Allocation Base Machine hours Number of parts 70 What is the cost of assembling per ceiling fan? A) $7.00 B) $7.50 ) $35.00 D) $87.50 41) are costs incurred to avoid poor-quality goods or services 41) A) Prevention costs ) Appraisal costs B) Internal failure costs D) Extermal failure costs

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