Blossom Manufacturing has identified the following overhead costs and cost drivers for the current period. Blossom produces customized products that move through several different processes. Materials and intermediate products are moved among several different work stations. Custom features are designed by engineers. Estimated Estimated Activity Activity Cost Driver Cost Level Machine setup Number of setups $ 99,000 660 Material handling Number of times materials are moved 320,000 16,000 Product design Design hours 64,000 1,600 Inspection Number of inspections 240,000 12,000 Total cost $ 723,000 Information for three of the jobs completed during the period follows: Job 42 Job 43 Job 44 Direct materials $ 10,000 $ 24,000 $ 14,000 Direct labour $ 3,200 $ 4,000 $ 7,000 Units completed 200 100 320 Number of setups 2 4 12 Number of materials moves 60 20 140 Number of inspections 40 20 50 Number of design hours 20 100 20 If the company uses ABC, how much overhead cost should be assigned to Job 42

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.