Please..could you help me with these problems?

6. Assume (for the point of illustration) that in 2020, Gatsby started and completed t jobs: #230 and #231. Details for each job are provided below: two Designer Jeans Line Job #230 Child Chair Line Job #231 Total Direct labor cost $15,000 $0 $15,000 Machine hours 100 300 400 Total $0 $4,000 Overhead applied: Using direct labor cost Using machine hours Difference $4,000 $1,000 $3,000 $4,000 $3,000 ($3,000) Gatsby expects its overhead for 2020 will be $4,000 in total. Which of the following statements is not true? 1. The jeans line is over-costed if most of the overhead is related to machinery and direct labor cost is used as a driver. 2. The child chair line is over-costed if most of the overhead is related to machinery and machine hours is used as a driver. 3. If manufacturing overhead is primarily comprised of costs related to maintaining and depreciating equipment, then machine hours is an appropriate basis to use in applying overhead to product lines. 4. The company should consider two cost pools for overhead: one related to indirect labor using direct labor cost as a driver and the other related to machinery costs using machine hours as a driver. 5. If manufacturing overhead is primarily comprised of costs related to supervising factory floor workers, then direct labor hours is an appropriate basis to use in applying overhead to product lines. Which of the following best explains the difference in net operating income be- tween the variable costing method and the absorption costing method? 1. The amount of fixed manufacturing overhead per unit times the change in finished goods inventory. 2. The amount of total cost per unit times the increase in finished goods inventory. 3. The amount of variable manufacturing overhead per unit times the change in finished goods inventory. 4. The amount of total manufacturing cost per unit times the change in finished goods inventory. 5. The amount of fixed manufacturing overhead per unit times the ending finished goods inventory Assignment 4 Q-4-8. If the company switches to machine hours as a driver for applying manufacturing overhead for 2020, which of the following statements is true? 1. The jeans line will have more overhead applied to it than the child chair line. 2. The child chair line will have more overhead applied to it than the jeans line. 3. The amount of overhead applied to each product line depends upon production levels of each. 4. The amount of overhead applied to each product line depends on the actual amount of overhead incurred. 5. None of the above statements is true. Q-4-9. Where will you find information about ending finished goods inventory at the be- ginning of 2019? (Check all that apply.) Job Cost Sheets from December 2018, if available. In the Additional Information Designer Jean Line provided in Assignment 4. With a comparison of Sales Invoices for December 2018 and January 2019 with Job Cost Sheets for the same period, if available. In the General Journal for January 2019, if available. Q-4-10. Which of the following techniques will provide the best information about mixed costs for a production manager who is evaluating contribution margin of his or her product line? 1. Least squares regression. 2. High-low method. 3. Scattergraphs. 4. Excel. 5. None of the above