Vainshtein Quilting Company assigns overhead on the basis of machine hours.

Cutting Department machine hours $4,800

Stitching Department machine hours $8,000

Overhead Rate $10 per machine hour

What is the entry for overhead?

Question 7 options:

	Debit to Manufacturing Overhead for $128,,000
	Credit to Work in Process for $80,000
	Debit to Work in Process for $80,000
	Credit to Manufacturing Overhead for $128,000

What is the relevant range of activity?

Question 8 options:

	activity level where all costs are curvilinear
	geographical areas where the company plans to operate
	levels of activity over which the company expects to operate
	level of activity where all costs are most volatile

Alli's Broom Company wants to use the high-low method to find the variable cost per unit.

Month	Units Produced	Total Cost
January	3,200	$132,000
February	2,600	114,000
March	3,000	135,000
April	2,200	99,000

First figure the variable cost per unit