please answer questions 13) 14) 15) and 16)

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(3) If the pre-determined estimated factory overhead expense is less than the actual factory overhead expense, then a. The selling price of the product is less than the cost of goods sold b. Actual overhead expenses are overstated c. Finished goods are overvalued d. The cost of goods manufactured reported during the period was overstated e. The net income reported during the period was overstated y.My Company, LLC incurred costs in April of Direct Material ($29,000), Direct Labor ($24,000), Manufacturing Overhead ($14,000), Selling Expense ($18,000) and Administrative Expense ($18,000). Prime Cost during the month totaled: a. $53,000 b. $67,000 c. $38,000 d. $103,000 e. $29,000 05. Which statement is true? a. Raw Materials inventory contains warehouse supervisor's salary expense b. Work In Process account appears on a manufacturers balance sheet C. Finished goods inventory is valued at the selling price of the goods manufactured d. Total Factory Overhead is a period cost. e. Cost of Goods Manufactured should equal to Cost of Goods Sold Given actual factory overhead costs of $700,000, Gross Margin of $650,000, estimated factory overhead costs of $400,000, Labor costs of $17, per hour, estimated labor hours of 70,000 and the number of direct labor employees of 150, what should the pre-determined factory overhead rate be, based on labor hours. (rounded to nearest .01). a. $10.00 per hour b. $5.71 per hour c. $9.29 per hour d. $4.29 per hour e. $0.34 per hour