Randall Company manufactures chocolate bars. The following were among Randall's manufacturing costs during the current year: Randall's direct labor costs amounted to: Mulvile Choice $400,000. $300,000. 5375,000 $175,000 During its first year of operations, Connor Company paid $50,000 for direct materials and $36,000 in wages for production workers. Lease poyments and utilities on the production facilities amounted to $14,000. General, selling, and administrative expenses were $16,000. The company produced 5,000 units and sold 4,000 units for $30.00 a unit. The average cost to produce one unit is which of the following amounts? Multple Choice $20.00 $18.40 $16.00 $25.00 Steuben Company produces dog houses. During the current year. Steuben Company incurred the following costs Based on the above information, the amount of period costs shown on Steuben's income statement is: Multiple Choice $150.000 $430,000 $30,000 $180,000 Anton belleves his company's overhead costs are driven (affected) by the number of machine hours because the production process is heavily automated. During the period, the company produced 3,000 units of Product A requiring a total of 100 machine hours and 2,000 units of Product 8 requlfing a total of 25 machine hours. What allocation rate should be used if the company incurs overhead costs of $10,000 ? Multipie Choice $80 per machine hour $2 per mochine hour $80 per unit $2 per unit During its first yeat of operations, Sllverman Company paid $14,000 for direct materials and $19,000 for production workers' wages. Lease payments and utilies on the production facilities amounted to $17,000 while general, selling. and administrative expenses totaled $8,000. The company produced 5,000 units and sold 3,000 units at a price of $15,00 a unit. What is the amount of finished goods inventory on the balance sheet at year-end? Multiple Choice $10,000 $15.000 $20,000 54,000