. Kneeland Corporation has provided the following information:

		Cost per Unit	Cost per Period
	Direct materials.......................................	$6.80
	Direct labor.............................................	$4.15
	Variable manufacturing overhead..............	$1.65
	Fixed manufacturing overhead.................		$121,500
	Sales commissions.................................	$1.00
	Variable administrative expense...............	$0.50
	Fixed selling and administrative expense.		$40,500

If 10,000 units are produced, the total amount of manufacturing overhead cost is closest to:

A) $186,000

B) $138,000

C) $162,000

D) $150,000

Goodman Corporation has sales of 3,000 units at $80 per unit. Variable costs are 35% of the sales price. If total fixed costs are $66,000, the degree of operating leverage is:

A) 0.79

B) 0.93

C) 2.67

D) 1.73

Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The Corporation has provided the following estimated costs for the next year:

	Direct materials...................................	$6,000
	Direct labor.........................................	$20,000
	Rent on factory building......................	$15,000
	Sales salaries.....................................	$25,000
	Depreciation on factory equipment......	$8,000
	Indirect labor.......................................	$12,000
	Production supervisor's salary.............	$15,000

Jameson estimates that 20,000 direct labor-hours will be worked during the year. The predetermined overhead rate per hour will be:

A) $2.50 per direct labor-hour

B) $2.79 per direct labor-hour

C) $3.00 per direct labor-hour

D) $4.00 per direct labor-hour

Beat Corporation uses a job-order costing system with a single plant-wide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:

	Total machine-hours...........................................................	40,000
	Total fixed manufacturing overhead cost.............................	$344,000
	Variable manufacturing overhead per machine-hour..............	$3.90

Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to:

A) $750

B) $516

C) $984

D) $234

The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $3,044. A total of 46 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $15 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $13 per machine-hour. The total cost for the job on its job cost sheet would be:

A) $4,332

B) $3,734

C) $3,072

D) $5,086

Odonnel Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $36,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 10,000 direct labor-hours.

. The estimated total manufacturing overhead is closest to:

A) $64,000

B) $36,000

C) $28,000

D) $36,003

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 2,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 61,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 18,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs.

What were the equivalent units for conversion costs in the Assembly Department for the month?

A) 45,000

B) 77,000

C) 54,400

D) 55,800