i. The following information is provided for the year:

Actual overhead

$225,000

Actual machine hours worked

25,000

Budgeted machine hours

20,000

Applied overhead

200,000

The predetermined rate must have been:

Select one:

a.$10

b.$9

c.$8

d.$11.25

e.Cannot be determined by the information given

ii. The weighted average method calculates the cost per equivalent unit by:

Select one:

a.total costs to account for/equivalent units

b.costs added during the period/equivalent units

c.total costs to account for/number of partially completed units

d.costs added during the period/number of partially completed units

e.None of the other answers are correct

iii.CPL Company reported a cost of goods manufactured of $520,000, with the firm's balance sheet revealing beginning work in process and closing finished goods of $130,000 and $134,000, respectively. If supplemental information disclosed raw materials used in production of $80,000, direct labour of $140,000, and manufacturing overhead of $240,000, the company's closing work in process must have been:

Select one:

a.$130,000

b.$70,000

c.$66,000

d.$390,000

e.Cannot be determined by the information given