Question: Presented below are the production data for the first five months of the year for the mixed costs incurred by Gallup Company. Gallup Company uses

Presented below are the production data for the first five months of the year for the mixed costs incurred by Gallup Company. Gallup Company uses the high-low method to analyze mixed costs. Total Cost Units 2,400 1,200 January 2,500 1,300 February 2,100 1,000 March 3,000 1,600 April 3,900 2,100 May ?What is a fixed cost 520 O 646 O 464 480 O Arab Bank has a central photocopying department that serves different branches in Palestine. The budgeted fixed cost for this department $60,000 and Variable cost $4 per copy. The budgeted usage of copying service for the branches per year as a following: Ramallah Branch 11,000 copy, Bethany Branch 10,000 copy, Bethlehem Branch 12,000 copy, Hebron Branch 15,000 copy, Nablus Branch 7,000 copy, Jericho Branch 5,000 copy. Actual usage of copies during the year 2020 as a following: Ramallah Branch 13,000 copy, Bethany Branch 8,000 copy, Bethlehem Branch 11,000 copy, Hebron Branch 18,000 copy, Nablus Branch 5,000 copy, Jericho ?Branch 3,000 copy. If a Dual-rate cost-allocation method is used, what amount of cost will be allocated to the Ramallah Branch $63,000.a O $56,000.b O $42,000.c O $87,000.d O At the beginning of the year, Monroe Company estimates annual overhead costs to be $600,000, and 300,000 machine hours will be operated. Using machine hours as a base. Company used 315,000 machine hours in producing their jobs.The actual manufacturing coverhead incurred during a year $610,000. The amount of under or over-applied overhead is .credit $50,000.a .credit $20,000.b O .debit $20,000.c .debit $500,000.d O 6 1 JAIKA Industries had the following department information about physical units and percentage of completion: Work in process, June 1 (75% complete as of conversion cost) 8,000, the cost of the units in the begining work in process $80,000 for material and $45,000 for conversion cost. Completed and transferred out 22,000, Work in process, June 30 (50% complete as of conversion cost) 12,000. If materials are added at the beginning of the production process. During June, $120,000 materials costs and $105,000 ?conversion costs were charged to the department. using FIFO method, How much is the total cost assigned to the completed units $140,979.a $265,979.b O $247,269.c $102,731.d

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