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please answer all 4 questions correctly! thanks! some of pics not all answer choices shown. In a job-order costing system that is based on machine-hours,

please answer all 4 questions correctly! thanks! some of pics not all answer choices shown. image text in transcribed
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In a job-order costing system that is based on machine-hours, which of the following formulas is NOT correct? Multiple Choice Allocated manufacturing overhead Actual machine hours X Predetermined overhead rate Aloentes manufacturing overhe O O joves under Aiocated ove ver)/Under Allocated overhead Actual manufacturing overhead - Allocated manufacturing overhead Predetermined overhead rate Actual manufacturing overhead - Estimated machine-hours Total Cost of a Job - Actual direct materials + Actual direct labor - Allocated manufacturing overhead Prey 30 of 40 !!! Next > To obtain the volume to be sold as necessary to attain a given target profit, which of the following formulas should be used? Multiple Choice Target net profitContribution margin ratio (Fixed expenses - Target net profit)/Margin of Safety (Fixed expenses+Target net profit/Contribution margin per unit (Fixed expenses + Target net profit)/Total contribution margin at breakeven Kubes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate of $6.50 based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $90,000, variable manufacturing overhead of $3.50 per direct labor-hour, and 30,000 direct labor-hours. The company has provided the following data concerning Job A477 which was recently completed: Total direct labor-hours Direct materials Direct labor cost 140 $ 520 $2,800 The amount of overhead allocated to Job A477 is closest to: (Round your intermediate calculations to 2 decimal places.) $650 0 $605 0 $715 0 The starting point for the Direct Labor Budget is: Multiple Choice ) the units to be produced from the production budget. ) the units to be sold from the sales budget the materials to be purchased from the direct materials budget. o the ending inventory from the budgeted balance sheet.

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