PLEASE help explain why these are the correct answers. Thank you

Question 1. Minty Manufacturing Company's average electricity costs were $1 per machine hour at an activity level of 10,000 machine hours in March and $0.80 at an activity level of 15,000 machine hours in February. Assuming that this activity is within the relevant range, total expected electricity costs for an estimated activity level of 11,000 machine hours would beC

a.	$11,000
b.	$8,800
c.	$10,400
d.	none of the above

Question 2Leisure Life manufactures various sporting equipment. During the first year of operations the company worked on the following four jobs. The predetermined overhead application rate was 150% of direct labour cost. Job 104 included direct material of $20,000 and total costs were $25,000. The manufacturing overhead applied to Job 104 to date is:

A. $5,000

B. $3,000

C. $2,000

D. $2,500

E. $ -0-

Question 3 Carolina Plating Company reported a cost of goods manufactured of $520,000, with the firm's year-end balance sheet revealing work in process and finished goods of $70,000 and $134,000, respectively. If supplemental information disclosed raw materials used in production of $80,000, direct labor of $140,000, and manufacturing overhead of $240,000, the company's beginning work in process must have been:

A.

$130,000.

B.

$10,000.

C.

$66,000.

D.

$390,000.

E.	None of the other answers are correct.

Question 4. Yang Manufacturing makes a product called Yin. The relevant range of operations is between 2,500 units and 10,000 units of Yin per month. Per unit costs at two activity levels are as follows; 5,000 units $17.00 per unit, 7,500 units $13.00 per unit.

Determine their total cost if Yang produces 10,000 units.

A. $130,000

B. $125,000

C*. $110,000

D. $100,000

E. $ 90,000

Variable cost 1 = 5000 x 17 = $ 85,000

Variable cost 2 = 7500 x 13 = $ 97,500

Question 5 .The Bobkim Company uses a predetermined overhead rate of $4 per direct labor hour to apply overhead. During the year, 30,000 direct labor hours were worked. Actual overhead costs for the year were $110,000. Bobkim's overhead variance would be

a.	$2,500 underapplied
b.	$2,500 overapplied
c.	$10,000 underapplied
d.	$10,000 overapplied
e.	none of the above

Question6 .

Reynardo Company incurred $90,000 of depreciation for the year. Eighty percent relates to the firm's production facilities, and 20% relates to sales and administrative offices. If all items are handled in the proper manner, a review of the company's accounting records should reveal a:

A.	debit to Depreciation Expense for $90,000.
B.	debit to Manufacturing Overhead for $90,000.
C.	debit to Manufacturing Overhead for $72,000.
D.	debit to Work-in-Process Inventory for $18,000.
E.	credit to Cash for $90,000.

Question7 ..

: Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000. By 20x1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20x1 predetermined overhead rate was:

A.	$0.04 per machine hour.
B.	$0.05 per machine hour.
C.	$20 per machine hour.
D.	$21 per machine hour.
E.	$25 per machine hour.

Question 8: Dixie Company, which applies overhead at the rate of 190% of direct material cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of $27,000 and $15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to:

A.

$0.

B.

$28,500.

C.

$51,300.

D.

$70,500.

E.

$79,800.

Question9.

Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year: Budgeted manufacturing overhead: $480,000 Actual manufacturing overhead: $440,000 Budgeted machine hours: 20,000 Actual machine hours: 16,000 Overhead applied to production totaled:

A.	$352,000.
B.	$384,000.
C.	$550,000.
D.	$600,000.
E.	some other amount.

Question10.

Trenton worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review of job no. 403's cost record revealed direct material charges of $40,000 and total manufacturing costs of $50,000. If Trenton applies overhead at 150% of direct labor cost, the overhead applied to job no. 403 must have been:

A.	$0.
B.	$6,000.
C.	$4,000.
D.	$3,333.
E.	$5,000.

Question11.

Mahler Inc. applies manufacturing overhead at the rate of $40 per machine hour. Budgeted machine hours for the current period were anticipated to be 120,000; however, a lengthy strike resulted in actual machine hours being worked of only 90,000. Budgeted and actual manufacturing overhead figures for the year were $4,800,000 and $4,180,000, respectively. On the basis of this information, the company's year-end overhead was:

A.	overapplied by $580,000.
B.	underapplied by $580,000.
C.	overapplied by $1,200,000.
D.	underapplied by $1,200,000.
E.	underapplied by $900,000.