Juicy Fruits produces four different kinds of fruit chewing gum: grape, strawberry, lime, and cherry.Last year's sales and cost data follow:

GrapeStrawberryLimeCherry

Total sales ($)$40,000$24,000$90,000$45,000

Selling price (per box)$10$12$9$15

Variable cost (per box)89810

Fixed cost$210,000

How many of each product must be sold to break even?

Winston Manufacturing uses direct labor cost to apply overhead to its production.The budgeted direct labor cost and budgeted manufacturing overhead were $400,000 and $480,000, respectively.The following cost data were experienced last year:

Material inventory, 1/1/04$ 10,000

Material inventory, 12/31/042,000

Work-in-process, 1/1/0412,000

Finished goods, 1/1/0433,000

Finished goods, 12/31/0423,000

Purchases of material61,000

Direct labor incurred45,000

Indirect material13,000

Indirect labor12,000

Other manufacturing overhead20,000

Unadjusted cost of goods sold170,000

1. Close the over/under applied overhead to cost of goods sold (journal entry).

2. Prorate the over/under applied overhead to the proper accounts using the ending account balances for prorating (journal entry).

3. need acost of goods manufactured statement.