Lake erie company uses a plantwide overhead rate with machine hours as the allocation base. next year, 770,000 units are expected to be produced taking 0.85 machine hours each. how much overhead will be assigned to each unit produced given the following estimated amounts? estimated: department 1 department 2 manufacturing overhead costs $ 3,141,500 $ 1,571,000 direct labor hours 167,000 dlh 267,000 dlh machine hours 267,000 mh 192,000 mh

Elephant, inc.'s cost of goods sold for the year is $2,000,000, and the average merchandise inventory for the year is $129,000. calculate the inventory turnover ratio of the company. (round your answer to two decimal places.)

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Harmon inc. produces joint products l, m, and n from a joint process. information concerning a batch produced in may at a joint cost of $75,000 was as follows: