(LO 4) The following information is available for a company's utility cost for operating its machines over the last four months. Month January February March April Machine hours 1,020 1,920 2,640 720 Utility cost $6,570 $7,140 $9,300 $4,500 Using the high-low method, the estimated total fixed cost for utilities is: Multiple Choice $1,620. $4,500. O $6,120. O $3,660. o $2,700. (LO 4) The following information is available for a company's cost of sales over the last five months. Month January February March April Units sold 410 810 1,650 2,450 Cost of sales $31,400 $37,500 $49,500 $61,500 Using the high-low method, the estimated variable cost of sales per unit sold is: Multiple Choice $25.10. $76.59. $32.48. $14.75. $30.00. (LO 4) A firm expects to sell 26,000 units of its product at $12.00 per unit and to incur variable costs per unit of $7.00. Total fixed costs are $80,000. The pretax net income is: Multiple Choice $50,000 $80,000 O O $130,000 $182,000. O $ $262.000. (LO 1) A manufacturing company has a beginning finished goods inventory of $16,200, raw material purchases of $19,600, cost of goods manufactured of $35,700, and an ending finished goods inventory of $19,400. The cost of goods sold for this company is: Multiple Choice $51,900. O $22,800. O $32,500. O o $35,700. O $30,800. (LO 1) Craigmont Company's direct materials costs are $4,300,000, its direct labor costs total $8,170,000, and its factory overhead costs total $6,170,000. Its prime costs total: Multiple Choice $12.470,000 $10,470,000. O $14,340,000. O $6,300,000 $18,640,000. (LO 4) A manufacturer reports the following costs to produce 16,000 units in its first year of operations: Direct materials, $16 per unit, Direct labor, $12 per unit, Variable overhead, $128,000, and Fixed overhead, $224,000. The total product cost per unit under variable costing is: Multiple Choice $28 per unit $36 per unit $50 per unit $42 per unit. O $24 per unit O