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Question 7 (2.5 points) Bismarck Industries uses a job-order costing system. The following data are for last year: Estimated direct labor-hours 12,000 Estimated manufacturing overhead

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Question 7 (2.5 points) Bismarck Industries uses a job-order costing system. The following data are for last year: Estimated direct labor-hours 12,000 Estimated manufacturing overhead costs $39,000 Actual direct labor-hours 11,000 Actual manufacturing overhead costs $37,000 Bismarck applies overhead using a predetermined rate based on direct labor-hours. What amount of overhead was applied to jobs last year? A) $36,960 B) $39.050 C) $35.750 D) $42.600 Question 8 (2.5 points) BQ Corp. has two divisions: the Export Products Division and the Business Products Division. The Export Products Division's divisional segment margin is $34,300 and the Business Products Division's divisional segment margin is $86,700. The total amount of common fixed expenses not traceable to the individual divisions is $95,600. What is the company's net operating income? O A) $121,000 B) $25,400 OC) $216,600 D) ($121.000) Previous Page Next Page Page 8 of 40 Question 11 (2.5 points) A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced 7,300 Units sold 7,200 Units in ending inventory 100 Variable costs per unit: Direct materials $29 Direct labor $49 Variable manufacturing $5 overhead Variable selling and $4 administrative Fixed costs: $94.90 Fixed manufacturing overhead D $79.20 Fixed selling and administrative 0 What is the absorption costing unit product cost for the month? 5 5 variadie manuracturing $5 overhead Variable selling and $4 administrative Fixed costs: Fixed manufacturing overhead $94,90 0 Fixed selling and administrative $79,20 What is the absorption costing unit product cost for the month? OA) $87 per unit B) $83 per unit C) $96 per unit D) $100 per unit

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