Multiple Choice Question 46 Reynoso Corporation manufactures titanium and aluminum tennis racquets. Reynoso's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Titanium Aluminum Total Cost 500 mach. hours 500 mach. hours Assembly Inspections $35000 $90000 350 150 2100 labor hours 1900 labor hours Reynoso is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much inspections cost is assigned to titanium racquets? $27000. $37250. $63000. $45000. Multiple Choice Question 106 Crane Company estimates its sales at 160000 units in the first quarter and that sales will increase by 20000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at $5740000. $6874000. $3934000. $7980000. Click if you would like to Show Work for this question: Open Show Work