Villang Corp. creates and prints banners used by professional, college and high school sports teams. The company uses a job-order costing system with normal costing for tracking costs to individual printing jobs. The company expects the following for the year ended December 31, 2015: 39. Based on the information above, the most logical base (driver) to use for overhead allocation would be: 40. Explain WHY you chose the allocation base or driver in the previous question 41. For the purposes of allocating manufacturing overhead, WHY would they allocate estimated costs using a predetermined rate, as opposed to using actual overhead costs? 42. During the period, a printing job, Job D, was started and had the following requirements: The cost of Job D is: 43. NOW ASSUME that the company prices their jobs on a "cost plus" basis; that is, at full manufacturing cost plus a 20% mark-up. How much should they quote for Job D? 44. NOW ASSUME that JOB D was complete yet unsold at the end of the period and had total job costs of $23,000. At the start of the month, there were no work-in-process inventories and one job, JOB Z which was in finished goods inventory at a cost of $5,000. JOB Z was sold during the month. During April, they worked on three other printing jobs in addition to Job D, and incurred the following costs with respect to these 3 projects. The status of each job as of the end of the month is also shown below: Work-in-process inventory at the end of April is: $ 45. Finished-goods inventory at the end of April is 46. The journal entry to record cost of goods manufactured for the month of April would be: 47. Assuming that there was no misapplied overhead, April cost of goods sold is: Extra Credit: (3 points) The best professor at Montclair State is: (hint: there are 2 f's in Markoff)