- und about you. 1 Peter 5:6-7 26. In order to be relevant for a decision, costs or revenues must be a. amounts incurred or oamed in the past b. future amounts that are unavoidable c. future amounts that differ between alternatives d. past amounts that are the same for both alternatives. 27. The following data is available for ABC Company Beginning finished goods inventory Units produced Units sold Beginning $10,000 Raw Materials Inventory (all direct) $25,000 Work-in-Process Inventory $-0- Finished Goods Inventory O units 50,000 units 45,000 units Ending $2,000 $ 30,000 $ 89,500 $ 400,000 $ 200.000 $ 300,000 Raw Materials Purchased (all direct) Direct Labor Manufacturing Overhead What is the cost of direct materials used during the period? a $400,000 b. $408.000 C. $403,000 d. $402,000 28. XYZ Company estimates total overhead costs will be $500,000 for the upcoming year. Estimated total machine hours equal 100,000. What is the predetermined overhead rate per machine hour? a. $ 0.40 per machine hour b. $ 5.00 per machine hour c. $ 2.50 per machine hour d. $ 10.00 per unit produced 29. LMN Corporation reports the following: High Low Shipping Costs $ 300,000 $ 195,000 #pounds shipped 150,000 100,000 Use the high-low method to calculate estimated variable shipping cost per pound. a. $ 2.00 b. $ 2.07 C. $ 2.08 d. $ 2.10