The New... Other favor Question Completion Status QUESTION 1 3.46 points Save Answer $18,920,000. Craigmont Company's direct materials costs are $4,400,000, its direct labor costs total $8,260,000, and its factory overhead costs total $6,260,000. Its prime costs total $14,520,000 $10,660,000 $12,660,000 $6,400,000 QUESTION 2 3.44 points Save Answer Mustang Corporation reports the following for the month of April: Finished goods inventory, April 1 31,300 Finished goods inventory, April 30 25,500 Total cost of goods manufactured 118,700 The cost of goods sold for April is: $61,900. $173,700 $112,900 $150,000 $124,500 QUESTION 3 3.44 points Save Answer Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3100 of direct materials and used $4600 of direct labor. The job was not finished by the end of September, but needed an additional $3600 of direct materials and additional direct labor of $7100 to finish the job in October. The company applies overhead at the end of each month at a rate of 150% of the direct labor cost incurred. What is the total cost of the job when it is completed in October? $25,950 $18,400 $35,950 $21,350 $32,650 QUESTION 4 3.44 points Save Answer Using the information below, calculate net income for the period: Sales revenues for the period $ 1,313,000 Operating expenses for the period 248,000 Finished Goods Inventory, January 1 45,000 Finished Goods Inventory, December 31 50,000 Cost of goods manufactured for the period 549,000 $521,000. $544,000 $787,000 $421,000. $792,000. 3.44 points Save Answer QUESTION 5 Managerial accounting information: Involves gathering information about costs for planning and control decisions. Has little to do with controlling costs. Is generally the only accounting information available to managers. O Is used mainly by external users, Can be used for control purposes but not for planning purposes