The following account balances at the beginning of January were selected from the general ledger of Sailor Manufacturing Company: Work in process inventory $0 Raw materials inventory $26,000 Finished goods inventory $46,000 Additional data: 1) Actual manufacturing overhead for January amounted to $62,000. 2) Total direct labor cost for January was $57,000. 3) The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $300,000 of direct labor cost and $360,000 of manufacturing overhead costs. 4) The only job unfinished on January 31 was Job No. 1002, for which total direct labor charges were $6,300 (800 direct labor hours) and total direct material charges were $12,000. 5) Cost of direct materials placed in production during January totaled $101,000. There were no indirect material requisitions during January. 6) January 31 balance in raw materials inventory was $32,000. 7) Finished goods inventory balance on January 31 was $34,500. What is the cost of goods sold for January? 1) _______ A) $272,400 B) $212,040 C) $193,450 D) $217,000 2) The following account balances at the beginning of January were selected from the general ledger of Sailor Manufacturing Company: Work in process inventory $0 Raw materials inventory $26,000 Finished goods inventory $46,000 Additional data: 1) Actual manufacturing overhead for January amounted to $62,000. 2) Total direct labor cost for January was $57,000. 3) The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $300,000 of direct labor cost and $360,000 of manufacturing overhead costs. 4) The only job unfinished on January 31 was Job No. 1002, for which total direct labor charges were $6,300 (800 direct labor hours) and total direct material charges were $12,000. 5) Cost of direct materials placed in production during January totaled $101,000. There were no indirect material requisitions during January. 6) January 31 balance in raw materials inventory was $32,000. 7) Finished goods inventory balance on January 31 was $34,500. What is the cost of goods manufactured for January? 2) _______ A) $226,400 B) $179,640 C) $205,500 D) $200,540 3) The following account balances at the beginning of January were selected from the general ledger of Sailor Manufacturing Company: Work in process inventory $0 Raw materials inventory $26,000 Finished goods inventory $46,000 Additional data: 1) Actual manufacturing overhead for January amounted to $62,000. 2) Total direct labor cost for January was $57,000. 3) The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $300,000 of direct labor cost and $360,000 of manufacturing overhead costs. 4) The only job unfinished on January 31 was Job No. 1002, for which total direct labor charges were $6,300 (800 direct labor hours) and total direct material charges were $12,000. 5) Cost of direct materials placed in production during January totaled $101,000. There were no indirect material requisitions during January. 6) January 31 balance in raw materials inventory was $32,000. 7) Finished goods inventory balance on January 31 was $34,500. What is the work in process inventory balance on January 31? 3) _______ A) $49,550 B) $7,560 C) $23,550 D) $25,860 4) Jason Corporation uses activity-based costing. The company produces two products: Snaps and Pops. The expected annual production of Snaps is 1,000 units, while the expected annual production of Pops is 3,000 units. There are three activity cost pools: Assembly, Testing, and Packing. The estimated costs and activities for each of these three activity pools follows: Expected activity Activity cost pool Estimated cost Snaps Pops Total Assembly $ 4,550 600 100 700 Testing $ 22,320 1,100 700 1,800 Packing $ 1,738 60 160 220 The overhead cost per unit of Pops would be closest to: 4) _______ A) $10.59. B) $26.80. C) $9.54. D) $3.53.