URGENT

5. 6. 7. During 2021, 800,000 of raw materials were purchased, direct labour costs amounted to 670,000, and manufacturing overhead incurred was 640,000. Assume Canada Company's cost of goods manufactured for 2021 amounted to 1,890,000. Its cost of goods sold for the year is a. 2,000,000. b. 1,750,000. c. 1,850,000. d. 1.930,000. Canada Company reported the following year-end information: 46,000 24,000 50,000 15,000 825,000 440,000 100,000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory. Raw materials purchased. Direct labor Manufacturing overhead How much is Canada's cost of goods manufactured for the year? a. 834,000 b. 1,374,000 c. 1,370,000 d. 1,378,000 Canada company applies overhead on a basis of direct labor costs. The company expected its annual overhead costs to be 1,500,000 and direct labor costs to be 1,000,000. Actual overhead was 1,450,000, and actual labor costs totaled 1,100,000. How much is the company's predetermined overhead rate percentage of direct labor costs used to apply overhead? a. 145% b. 131 % c. 150% d. 137 % Canada Company thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was 2,050,000. The company used 1,000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling 2,100,000. The budgeted machine hours for the year totaled 20,000. How much overhead should be applied to Job No. B12? a. 2,100 b. 102,500 c. 105,000 d. 2,050