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Anwar Question No. 116 Matkal Choose the one alternative that best completes the statement or answer the question 1 Moves Corpo for 10 per year. The consent w $250.000 netop SAL83.000 yearthe brave 1925.000 1,500 D. Auwwer Srey Corporation cannot be the standardelow. Sunny SA Se for store 87,400.federsey Whatever AS12.000 1.000 $2,000 015 Page 17 Aswer Awwer Duasan When we is record Art of demon de directe Case of Dy the cost of good completed Question www. Y$225.000 - 50 sta product for 1 perunt. What we de toiletben order to get 770.000 de pertine? ASL 900.000 06180 0.000 05.000.000 Dr Anwar Fished 50.000 dia 11.00 5:2000 Overapplied find S300 What is the red camo old? AS,000 546,000 54.000 15.000 During the month of Mas, director, and direct laboratorio control manufacturing costs during were $4.500, the managed AS. 0522,750 549.000 D G Answer Answer Question 3) When preparing journal entries using job-order costing, a Debit to Work-In-Process Inventory account is used to record A) a requisition of direct materials for production B) a purchase of direct materials C) a sale of merchandise D) the cost of goods completed Question 4) H&Y Corporation is a single product firm with the following cost formula for all of its costs for next year, where X is the number of units sold and Y is total cost: Y = $225,000 + $30x H&Y sells its product for S120 per unit. What would H&Y's total sales dollars have to be next year in order to generate $270,000 of net operating income? A) $1,980,000 B) $618.750 C) $660,000 D) $1,080,000 Answer Question 5) Assume the following: Beginning finished goods inventory $10,000 Ending finished goods inventory $14,000 Cost of goods manufactured $52,000 Overapplied overhead $2,000 What is the adjusted cost of goods sold? A) $38,000 B) $46,000 C) $54,000 D) $48,000 Answer Question 6) During the month of May, direct labor cost totaled $9,750 and direct labor cost was 30% of prime cost. If total manufacturing costs during May were $74,500, the manufacturing overhead was: A) $32,500 B) $22,750 C) $42,000 D) $64,750