Hatzenbuhler manufacturing corporation has prepared the following overhead budget for next month.

activity level machine hours 6,800
budgeted variable overhead costs:
supplies 22,440
indirect labor 55,760
total variable overhead cost 78,200
budgeted fixed overhead costs:
supervision 19,300
utilities 5,700
depreciation 7,400
total fixed overhead costs 32,400
total budgeted overhead cost 110,600
the company's variable overhead costs are driven by machine-hours. what would be the total budgeted overhead cost for next month if the activity level is 6,600 machinehours rather than 6,800 machine-hours?

a. $107,824.00

b. $110,600.00

c. $108,300.00

d. $107,347.06

expert ans

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."

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