The fast & furious company produces two products: toy planes and toy race cars. they use departmental overhead rates for the two production departments: molding and finishing. molding uses machine hours to assign overhead and finishing uses direct labor hours. 50,000 planes and 250,000 race cars are produced. find the following data: molding finishing total estimated overhead $250,000 $100,000 $350,000 actual overhead $240,000 $120,000 $360,000 expected direct labor hours planes 5,000 5,000 10,000 race cars 5,000 35,000 40,000 expected machine hours planes 17,000 3,000 20,000 race cars 3,000 7,000 10,000 actual direct labor hours planes 4,500 5,300 10,000 race cars 5,500 34,500 40,000 actual machine hours planes 16,500 3,500 20,000 race cars 3,200 6,800 10,000 what are the departmental overhead rates for the molding and finishing department respectively?

Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.