the cost accountants at the barkley company regressed total overhead costs and direct labor hours for the past 30 months and reported the following results slope $41.62 0.948 what is the estimated overhead cost is 240 direct labor hours are expected to be used in the upcoming period

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Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

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