Southern Rim Parts estimates its manufacturing overhead to be P495000 and its direct labor costs to be P900000 for year 1. The rst 3 jobs that Southern Rim worked on had actual direct labor costs P20,000 for Job 301, P30,000 for Job 302. and P40,000 for Job 303. For the year, actual manufacturing overhead was P479000 and total direct labor cost was P850000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates. How much overhead was assigned to Job 302? O a. P22000 0 b. 49,500 0 c. P11,000 0 d. P16,500 Assume a company produces one product that sells for P50, has a variable cost per unit of P30, and has fixed costs of P120,000. How many units must the company sell to earn a target profit of P40,000? O a. 2,000 O b. 6,000 O c. 8,000 O d. 2,400Assume the selling price per unit is P40, the contribution margin ratio is 30%, and the total fixed cost is P60,000. What is the break-even point in unit sales? O a. 1,500 O b. 4,000 O c. 5,000 O d. 2,142All of Gaylord Corporation's sales are on account. Thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remainder are collected in the second month following sale. The following are budgeted sales data for the company: January February March April P50,000 P60,000 P40,000 P30,000 Total sales What is the amount of cash that should be collected in March? O a. P51,000 O b. P37,000 O c. P41,000 od D24.000Hammerhead Charters runs fishing trips out of the local port. It charges P50 per trip for a half-day trip. Variable costs total P20 per trip and the fixed costs are P6,000 per month. Hammerhead is subject to an income tax rate of 25%. How many trips must Hammerhead sell to earn a monthly operating profit of P9,000 after taxes? O a. 500 trips O b. 400 trips O c. 600 trips O d. 200 trips