At the beginning of the year, horvath company estimated the following: overhead $270,000 direct labor hours 90,000 horvath uses normal costing and applies overhead on the basis of direct labor hours. for the month of january, direct labor hours were 8,350. by the end of the year, horvath showed the following actual amounts: overhead $276,000 direct labor hours 89,600 assume that unadjusted cost of goods sold for horvath was $396,000. required: 1. calculate the predetermined overhead rate for horvath. round your answers to the nearest cent, if rounding is required. $ per direct labor hour 2. calculate the overhead applied to production in january. (note: round to the nearest dollar, if rounding is required.) $ 3. calculate the total applied overhead for the year. $ was overhead over- or underapplied

Who has summer school : ( because i do : (

Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)