Question 34 2.5 Suppose expected DL hours were 50,000, and the estimated overhead rate was $12/DL hour. Actual DL hours totaled 40,00 for the year and actual overhead was $550,000. At the end of the year, WIP, FG & COGS had the account balances as follow WIP $100,000 FG 200,000 COGS 1,700,000 Assuming the overhead variance is of a significant amount. How much of this overhead variance should be closed to FG? Credit $5,000 Debit $7,000 Debit $5,000 none of the option given is correct. Credit $7,000 Pirsen Question 35 The Pierson Co. has the following unit and mix data: De Dah Total Unit sales price $5.00 $4.00 Unit contribution margin 0.75 1.20 Sales mix ($) 80% 20% Fixed costs $99.000 Target profit 24,750 How many units of Dah must be sold at the breakeven point? 75,000 cannot be determined from the information given 27,500 55,000 37,500