Hello team, I have Managerial accounting quiz which is due on June 04 12:00pm. I am attaching a word document

1. In job-order costing, all the costs for a particular product or batch of products are recorded on the ________. materials requisition form labor time ticket time card job-cost record 10 points Question 2 1. Three types of costs are accumulated on job-cost records that include direct materials, ________ and ________. direct labor; actual factory overhead direct labor; applied factory overhead variable factory overhead; fixed factory overhead direct labor; budgeted factory overhead 10 points Question 3 1. Use the following information to complete the following multiple choice questions: XYZ Company has been asked to quote on assembling 20,000 medical device used by patients in breathing exercises. The Bill of material for one device is as follows: BOM Quantity Extended Cost Plastic Case Front 1 $.90 Plastic Case Back 1 $.80 Ball 1 $.30 Hose 1 $.45 Mouthpiece 1 $.50 Plastic Bag 1 $.05 The assembly process is fairly simple and an employee can assemble 50 units in an hour. Employees are paid at a rate of $20 per hour with benefits. The company applies overhead based on direct labor hours used to assembly a product. The company's total budgeted Direct Labor hours for the year are estimated at 200,000.Total estimated overhead for the year is $2,000,000. Based on the information above, it will require _______________ direct labor hours needed to build the 20,000 units A. 400 hours B. 300 hours C. 425 hours D. 405 hours 10 points Question 4 1. Based on the above information the total direct labor cost to build 20,000 units will be: A. $5,000 B. $4,000 C. $8,000 D. $10,000 10 points Question 5 1. Based on the above information, the total Direct Material cost on this will be: A. $6,000 B. $60,000 C. $600,000 D. $10,000 10 points Question 6 1. If the company applies overhead based on direct labors, the overhead rate will be $_______ per direct labor. A. $2 B. $2.10 C. $3 D. $4 10 points Question 7 1. Based on the actual hours worked on this project, what will be the total overhead aount applied to this production run? A. $10,000 B. $20,000 C. $29,000 D. $4,000 10 points Question 8 1. The total cost to build this product is: A. $80,000 B. $72,000 C. $700,000 D. $60,000