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Magorium Company reports the following budgeted sales volumes for the next five months: June 4,680 units July 8,000 units August 5,480 units September 7,060 units October 3,880 units Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. Magorium's inventory on May 31 contained 468 units. The company needs to prepare a production budget for the second quarter of the year. The total number of units that Magorium must produce in July is: Multiple Choice 7.748 units 8,153 units o 8,000 units O 8,548 units Rhett Company is working on its direct labor budget for the next two months. Each unit of output requires 0.41 direct labor-hours. The direct labor rate is $8.50 per direct labor-hour. Rhett's production budget calls for producing 6,500 units in May and 6,900 units in June. If the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would Rhett's total combined direct labor cost be for the two months? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $46,699.00 $24,046.50 $22,652.50 $23,349.50 Wayfair Company uses machine hours in its predetermined overhead rate. At the beginning of the year, Wayfair's estimated machine hours were 22,120 and its total estimated manufacturing overhead cost was $575,120. At the end of the year, Wayfair had actually used machine hours of 22,100 while its actual manufacturing overhead for the year was $575,120. What is the status of Wayfair Company's Manufacturing Overhead cost at the end of the year? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $520 underapplied $570 overapplied $520 overapplied $570 underapplied Journey Manufacturing uses a budgeted overhead rate based on direct labor-hours. Last year, employees at Journey worked 60,750 direct labor-hours while the company incurred $542,000 of actual manufacturing overhead cost. At the beginning of last year, Journey had estimated 61,900 direct labor-hours along with estimated manufacturing overhead cost of $458,060. What was the status of Journey's Manufacturing Overhead cost at the end of the year? (Round your intermediate calculations to 2 decimal places.) Multiple Choice overapplied by $92,450 underapplied by $83,940 o underapplied by $92,450 overapplied by $83,940

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