help answer multiple-choice problems 1,2,3 with explanation please

X Company is a merchandiser. It incurred the following costs in 2020: Equipment rental Merchandise purchases Utility costs Warehouse costs Employee salaries Advertising costs Insurance costs Supply costs Miscellaneous operating costs $19,721 88,982 25,563 32,571 17,382 10,637 26,089 19,470 17,546 On January 1, 2020, the Merchandise Inventory account balance was $39,044; on December 31, 2020, the balance was $12,640. What was Cost of Goods Sold in 2020? A: $18,002 B: $26,102 C: $37,849| OD: $54,880 OE: $79,577| OF: $115,386 X Company has two production departments, 1 and 2. Listed below is budgeted information for the two departments, and actual information for one of its products, Product X: Product x All Products $3,900,000 $850,000 50,000 120,000 55,000 $14,280 840 1,100 690 Department 1 Overhead Direct labor Direct labor hours Machine hours Units produced Department 2 Overhead Direct labor Direct labor hours Machine hours Units produced $2,200,000 $850,000 50,000 140,000 40,000 $3,689 217 810 690 Using a departmental allocation system with machine hours as the cost driver in Department 1 and direct labor hours as the cost driver in Department 2, what was the allocation to Product X [round rate(s) to two decimal places]? A: $21,545 B: $31,240|| O C: $45,298 D: $65,682 E: $95,239 OF: $138,097