The thomlin company forecasts that total overhead for the current year will be $15,000,000 with 300,000 total machine hours. year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. if the thomlin company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is
a. $1,000,000 over appliedb. $1,000,000 under appliedc. $500,000 over appliedd. $500,000 under applied

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

This method of calculating gdp, which involves summing thevalue added at each stage of production , is called theexpenditure approach.