Alpine Inc. allocates manufacturing overhead to each job using departmental overhead rates. Operations at Alpine are divided into a Grinding department and a Welding department. The Grinding department uses a departmental overhead rate of $50 per machine hour, while the Welding department uses a departmental overhead rate of $28 per direct labor hour. Job 923 used the following direct labor hours and machine hours in the two departments: The cost of direct labor and the cost of the direct materials used by Job 923 is $280 and $170 respectively. How much manufacturing overhead would be allocated to Job 923 using the departmental overhead rates

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Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund