XYZ Company applies overhead to jobs using direct labor cost as an activity. For the current year, XYZ's estimated overhead was $600,000 and estimated direct labor cost was $240,000. Actual overhead costs for the year totaled $640,000 and actual direct labor costs for the year were $250,000. For the year, overhead was: over-applied by $40,000 O over-applied by $15,000 over-applied by $10,000 under-applied by $40,000 under-applied by $15,000 under-applied by $10,000 O none of the above choices are correct Shown below are the expected sales for ABC Company: January February March April Sales for Cash $22,000 $19,000 $26,000 $21,000 Sales on Account $118,000 $146,000 $133,000 $127,000 On average, 65% of the sales on account are collected in the month of sale, 27% are collected in the month following sale, and the remaining 8% are collected two months after the month of sale. Calculate the expected cash collections for March. Shown below are the expected sales for ABC Company: January February March April Sales for Cash $22,000 $19,000 $26,000 $21,000 Sales on Account $118,000 $146,000 $133,000 $127,000 On average, 65% of the sales on account are collected in the month of sale, 27% are collected in the month following sale, and the remaining 8% are collected two months after the month of sale. Calculate ABC Company's budgeted accounts receivable at April 30. Salmon Company uses a pre-determined overhead rate based on machine hours to apply overhead costs to jobs. At the beginning of 2019, the company estimated the following costs would be incurred: direct materials .... direct labor ................ advertising expense utilities ............ rent on factory building ....... maintenance on factory equipment depreciation on factory equipment indirect materials .......... sales commissions production supervisor's salary ..... $ 70,000 90,000 20,000 16,000 35,000 29,000 12,000 25,000 39,000 41,000 70% of the utilities relate to the factory while 30% of the utilities relate to the administrative office buildings. Salmon Company estimates that 8,000 machine hours will be used during 2019. Calculate Salmon Company's pre-determined overhead rate based on machine hours. Enter your answer as a number with two places after the decimal point (i.e., 12.89). Carmen may convert this to three places after the decimal point, which is fine