Ortiz Company estimates that the total overhead costs for 2007 will be $150,000 and that the production employees will work 30,000 direct labor hours and earn $600,000 during the year. If the company allocates overhead based on direct labor hours, what is the predetermined overhead rate? A S5.00 per direct labor hour $4.00 per direct labor hour $20.00 per direct labor hour $0.20 per direct labor hour C. D. Taylor's Treasures has collected the following information over the last six months. $25,600 26,200 27,600 26,450 26,000 26,500 10,000 12,000 18,000 13,000 12,000 15,000 March April May August Using the high-low method, what is the estimated total cost in a month when 12,000 units are produced? A. $26,000 B. $24,000 C. S26.200 D. S26,100 2-6. For O'Brien Company, selling price is $30 per unit and variable costs are $18 per unit. Fixed costs are $90,000. How many units would O'Brien need to sell to earn profit of $60,000? A. 7,500 B. 8,333. C. 10,500. D. 12,500 3-7. 4. Omega Company produces three products, X, Y, and Z from a single raw material. Budgeted data for next month follows: 4,500 $18 $6 6,000 $24 Units produced Sales value at split-off (per unit) Additional processing costs (per unit) Joint production costs (per unit) Sales value if processed further (per unit) The joint cost of the raw material is S190,000. 3,000 $15 $4 S5 $32 S23 $20 Which of the products should be produced beyond the split-off point? Yes Yes Yes No A. Yes Yes C. No D. Yes Yes Yes Yes No