\fO $476,000. O $484,000. O $491,000. O $502,000. O None of the answers is correct.\fAmazeaenation reported the following data for the yearjust ended: sales revenue, $1,750,000; cost of goods sold, $980,000; cost of goods manufactured, $560,000: and selling and administrative expenses, $170,000. Amazanation's gross margin would be: Multiple Choice $940,000. $1,190,000. $1,020,000. $330,000. 00000 $770,000. Terrence Industries charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year: Budgeted manufacturing overhead $1, 800,000 Actual manufacturing overhead 1,810,000 Budgeted labor hours 60,000 Actual labor hours 61,500 Which of the following choices is the correct status of manufacturing overhead at yearend? O Overapplied by $10,000. O Underapplied by $10,000. O Overapplied by $35,000. O Underapplied by $35,000. O Overapplied by $45,000.Douglas, lnc., employs a normal costing system. The following information pertains to the yearjust ended. - Total manufacturing costs were $2,500,000. - Cost of goods manufactured was $2,425,000. - Applied manufacturing overhead was 30 percent of total manufacturing costs. - Manufacturing overhead was applied to production at a rate of 80 percent of directlabor cost. - Workinprocess inventory on January 1 was 75 percent of workinprocess inventory on December 31. Based on this information, what amount is the total cost of direct material used during the year? O $750,000. O $812,500 O $1,000,000. O $2,450,000. O $2,500,000