Hi professors good evening can you guys please help me with solution to the problems. I have exams tomorrow and would like to practice it

1. The work in process account for Chambers Company contained the following entries: Debit of $80,000 for direct raw materials Debit of $120,000 for direct labor Debit of $60,000 for manufacturing overhead Ending balance, $84,000, associated with Job #2 The company uses a joborder cost system. Work was only performed on two jobs during the period. The beginning balance in work in process was zero. What was the cost of Job #1, which was started and completed during the period? $148,000 $176,000 $180,000 $132,000 2. Scranton Company expects to begin operating on July 1, 2014. The company's master budget contained the following operating expense budget: Sales commissions are paid in cash in the month following the month in which the expense is recognized. All other expense items requiring cash payment are paid in the month in which they are recognized. The amount of commissions payable that would appear on the company's September 30, 2012 pro forma balance sheet is: $30,000. $32,000. $24,000. $36,000. 3. Browning Company's sales budget shows the following expected total sales: Month January February March April Sales $24,000 $28,000 $33,000 $42,000 The company expects 70% of its sales to be on account (credit sales). Credit sales are collected as follows: 25% in the month of sale, 68% in the month following the sale with the remainder being uncollectible and written off. The total cash inflows from sales in April would be: r04_12_2014_QC_48170 $35,658. $21,200. $26,065. $22,050. 4. The accounting records for Moss Manufacturing Company disclosed the following cost information for 2014: Assume the company produced 10,000 units of inventory, sold 6,000 of these units in 2014 for $196,000, and that there was no beginning finished goods inventory. What amount of ending finished goods inventory will be reported on the balance sheet under variable costing? $96,000 $100,000 None of these. $64,000 4. The work in process account for Chambers Company contained the following entries: Debit of $80,000 for direct raw materials Debit of $120,000 for direct labor Debit of $60,000 for manufacturing overhead Ending balance, $84,000, associated with Job #2 The company uses a joborder cost system. Work was only performed on two jobs during the period. The beginning balance in work in process was zero. What was the cost of Job #1, which was started and completed during the period? $180,000 $176,000 $148,000 $132,000