Please give an answer and explanation. Thank you!

9) Haver Corporation has provided the following data concerning last month's operations. Purchases of raw materials $32,000 Indirect materials included in manufacturing overhead $ 4,000 Direct labor cost $58,000 Manufacturing overhead applied to Work in Process $84,000 Beginning Ending Raw materials inventory $ 10,000 $ 16,000 Work in process inventory $ 58,000 $ 74,000 Finished goods inventory $ 32,000 $ 49,000 How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold? A) $180,000 B) $148,000 C) $131,000 D) $134,00010) Verrett Corporation is a manufacturer that uses job-order costing. The company has W . (LI supplied the following data for the just completed year: it ni bebroom of law borrog 12 1209 Raw materials purchased on account $ 475,000 Raw materials (all direct) requisitioned for use in production aboos to foo fo vibe $ 476,000 Direct labor cost $ 640,000 Manufacturing overhead: Indirect labor cost StevO goingontungM adi of bogzero ed TON bloode al20 $ 174,000 Other manufacturing overhead costs incurred $ 498,000 Cost of goods manufactured $1,469,000 Cost of goods sold (unadjusted) $1,430,000 The journal entry to record the transfer of completed goods from Work in Process to Finished Goods is: A) Gasw deer Debit Credit Finished Goods 1,672,500 Work in Process ten9/8 1,672,500 00.8 .blog aboog to too of Jo b B) Debit Credit Work in Process 1,469,000 Finished Goods 1,469,000 C) Debit Credit Finished Goods 1,469,000 Work in Process 1,469,000 D) Credit Work in Process 1,672,500 Finished Goods 1,672,500SHORT ANSWER - Show your work directly on this exam (10 points) 2/ 10 13) An income statement for Sam's Bookstore for the first quarter of the year is presented below: Sam's Bookstore Income Statement For Quarter Ended March 31 Sales $ 900,000 Cost of goods sold 630,000 Gross margin 270,000 Selling and administrative expenses Selling $ 100,000 Administrative 104,000 204.000 Net operating income $ 66,000 On average, a book sells for $50. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 4% of sales with the remainder being fixed. (Round your intermediate calculations to 2 decimal places.) 1. How many units did the company sell during the first quarter ended March 31? (2pts) 12/ z 900, 000% 50= 18,000 2. What were cost of goods sold per unit during the first quarter ended March 31? (pis) / 900, 000% 630,000.=1.43 430/18 = 35 3. If 20,000 books are sold during the SECOND quarter and this activity is within the relevant range, what would the company's expected contribution margin be? (6pts) Sales - tolad variable expense UNDER 20,000 -. ' 1: SHORT ANSWER Show your work directly on this exam (12 pom s) . . , V , , , ' ' d Customizing. 14) J anicki Corporation has two nmnuliicluring domrtmcnts~~Mach1n1ng an - - ' ' .. ., v , A .edetermined The company used the following data at [he beguiling oi the year to calculate pr overhead rates: Machining Customizing Total 0000 Estimated total machinehours (MHs) 1,000 9,000 18,2( { Estimated total xed manufacturing overhead cost $ 4,800 $ 23,400 $ 2 , J ) Estimated variable manufacturing overhead cost :8 1,10 :5 250 per MI] During the most recent month, the company started and completed two j obs-J ob A and Job I. There were no beginning inventories. Data concerning those two jobs follow: Job A Job J Direct materials $ 12,000 $ 7,700 Direct labor cost $ 20,700 $ 6,400 Machining machine-hours 700 300 Customizing machinehours 3,600 5,400 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production de partments. Further assume that the company uses a markup of 50% on manufacturing cost to e stablish selling prices. The calculated selling price for Job A is closest to: (Round your intermediate calculations to 2 decimal places.) I. What is the predetemlined overhead rate for the machining department? 6th 2' What is the predetermined overhead rate for the customizing department? (3pts) 3. What should be the calculated SELLING PRICE for JOB A? (6pts) SHORT ANSWER - Show your work directly on this exam (20 points) o/ 20 15) Dagostino Corporation uses a job-order costing system. The following data relate to the just completed month's operations. 1. Direct materials requisitioned for use in production, $154,000 2. Indirect materials requisitioned for use in production, $45,000 3. Direct labor wages incurred, $94,000 4. Indirect labor wages incurred, $119,000 5. Depreciation recorded on factory equipment, $44,000 6. Additional manufacturing overhead costs incurred, $83,000 7. Manufacturing overhead costs applied to jobs, $236,000 8. Cost of jobs completed and transferred from Work in Process to Finished Goods, $458,000 Place each transaction above in the correct t-account on the following page. If you would like to add additional t-accounts, you may do so on the following page. However, only amounts recorded within work in process and manufacturing overhead will be graded. (2pts each) Work in Process Manufacturing Overhead 154, 000 9. Was manufacturing overhead overapplied or underapplied (Circle one) (2pts) OVERAPPLIED UNDERAPPLIED By how much? (2pts)