Just three simple analysis, thanks!

The Precision widget Company had the following balances in their accounts at the end of the accounting period: If their manufacturing overhead was underallocated by $2,000, would it be acceptable to write off the underallocated amount to cost of goods sold? Yes or no? Jackson Enterprises manufactures two products-a basic gizmo and an advanced model gizmo. The company is using an activity-based costing system. They have identified two activities for allocation of indirect overhead costs. Each unit of product consumes the following activities: Direct costs for the two products are as follows: The total cost of an advanced model would be how much? (Show your computations. This question is worth double and partial credit will be available). Which of the following is not a major benefit of budgets? a. Compels business planning and direction b. Eliminates innovation c. Provides performance criteria d. Promotes coordination and communication