123. A company's ending inventory of finished goods has a cost of $35,000 and consists of 750 units. If the overhead applicable to these goods is $8,400, and overhead is applied at the rate of 60% of...

123. A company's ending inventory of finished goods has a cost of $35,000 and consists of 750 units. If the overhead applicable to these goods is $8,400, and overhead is applied at the rate of 60% of direct labor, what is the cost of the direct materials used to produce these units?

124. The production of one unit of Product BBB used $17.50 of direct materials and $21 of direct labor. The unit sold for $56 and was assigned overhead at a rate of 30% of labor costs. What is the gross profit per unit on its sale?

125. A company uses a job order cost accounting system and applies overhead on the basis of direct labor cost. At the end of a recent period, the company's Goods in Process Inventory account appeared as follows:

Write in the blanks for the following:
A. The total cost of the direct materials, direct labor, and factory overhead applied in the December 31 goods in process inventory is $_______________________.
B The company's overhead application rate is __________________%
C Job No. 6 had $26,550 of direct labor cost. Therefore, the job must have had $________ of direct materials cost.
D. Job No. 8 had $73,998 of direct materials cost. Therefore, the job must have had $________ of factory overhead cost.