I am resubmitting this one again

question 1

Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below. Activity Cost Pools Machining Setting Up Other Total Equipmentdepreciation $ 9000 $ 47,700 $ 23,400 $ 80,100 Indirect labor 3900 2700 3900 10,500 Total $ 12,00 $ _0. $ _7.u $ gm Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below: MHs Batches Product 23 5800 650 Product T1 6000 1250 Total 1 1 ,800 1 00 Product 23 Product T1 Sales (total) $ 226,800 $ 253,500 Direct materials (total) $ 83,000 $ 97,200 Direct labor (total) $ 109,600 $ 104,200 Required: Required: Calculate the following: Machining Activity Rate $ Setting up Activity Rate $ Amount of 0H applied to product 23 (round to the $ nearest dollar) Amount of 0H applied to product T1 (round to the $ nearest dollai) Product Margin Z3 (round to the nearest dollar) $ Product Margin - T1 (round to the nearest dollar) $ > A Moving to another question will save this response. Question 1 of 4}: l; \"mum-.. - 1 8 points Save} Baab Corporation is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year. Beginning Ending Balance Balance Raw materials $ 14,200 $ 22,200 Work in process $ 27,200 $ 9200 Finished Goods $ 62,200 $ 77,200 The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that it would work 33,200 machine-hours and incur $245,680 in manufacturing overhead cost. The following transactions were recorded for the year: Raw materials were purchased, $315,200. Flaw materials were requisitioned for use in production, $307,200 ($280,800 direct and $26,400 indirect). The following employee costs were incurred: direct labor, $377,200; indirect labor, $36,200; and administrative salaries. $172,200. Selling costs, $147,200. Factory utility costs, $10,200. Depreciation for the year was $139,000 of which $120,400 is related to factory operations and $18,600 is related to selling, general, and administrative activities. Manufacturing overhead was applied to labs. The actual level of activity for the year was 34,040 machine-hours. Sales for the year totaled $1,261,000. Required: Do not enter any commas (except for the pre-determined OH rate) and round to the nearest dollar Based on the data presented above, complete the following Table Pre-Determined OH Rate (round to 2 decimal $ places) Direct Materials used in Production Direct Labor 377,200 Total Manufacturing Costs Cost of Goods Manufactured Adjusted Cost of Goods Sold Total Selling and Admin Exp 338,000 66666693666666 Operating Income > [A Moving to another question will save this response. Shelhorse Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 190 100 % Variable expenses 76 40 % Contribution margin $ m E % Fixed expenses are $343,000 per month. The company is currently selling 3800 units per month. Required: Calculate the Following: Contribution Margin Ratio: !% Break Even point in Sales Dollars (rounded to the $' i whole dollar) Margin of Safety in Units (nearest whole units) Units Bulla Corporation has two production departments. Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing Machine-hours 16,000 17,000 Direct laborhours 3000 4000 Total fixed manufacturing overhead cost $ 70,400 $ 85.000 Variable manufacturing overhead per machine-hour $ 3.00 Variable manufacturing overhead per direct labor-hour $ 6.00 During the current month the company started and finished Job K369. The following data were recorded for this iob: Job K369: Machining Customizing Machine-hours 70 20 Direct labor-hours 40 80 Required: Calculate the following: Predetermined OH rate for Machining (round to 2 $ decimal places) Predetermined 0H rate for Customizing (round to 2 $ decimal places) Total Amount of OH applied to iob K369 through both $ departments (do not include commas)