$1.$ Job $010$ was recently completed. The following data have been recorded on its job cost sheet:

Direct materials

$$1000$

Direct labor$-$hours

$25$

Direct labor wage rate

$$20$ per labor$-$hour

Machine$-$hours

$200$ machine$-$hours

The Corporation applies manufacturing overhead on the basis of machine$-$hours. The predetermined overhead rate is $$15$ per machine$-$hour. The total cost that would be recorded on the job cost sheet for Job $010$ would be:

$2.$In June, one of the processing departments at Arturo Corporation had beginning work in process inventory of $$20,000$ and ending work in process inventory of $$18,000.$ During the month, the cost of units transferred out from the department was $$150,000.$ In the department's cost reconciliation report for June, the total cost to be accounted for under the weighted$-$average method would be

$3.$Newham Corporation produces and sells two products. In the most recent month, Product R$10$L had sales of $$21,000$ and variable expenses of $$10,050.$ Product X$96$N had sales of $$34,000$ and variable expenses of $$16,900.$ The fixed expenses of the entire company were $$45,960.$ The break$-$even point for the entire company is closest to:

$4.$ Which one is the correct way to calculate contribution margin?

Multiple Choice

Sales minus cost of goods sold.

Sales minus variable production, variable selling, and variable administrative expenses.

Sales minus all expenses.

None of the above

$5.$ Gayne Corporation's contribution margin ratio is $19\%$ and its fixed monthly expenses are $$49,500.$ If the company's sales for a month are $$310,000,$ what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change

Multiple Choice

$$201,600$

$$9,400$

$$260,500$

$$58,900$