Hickory company manufactures two products-14,000 units of product y and 6,000 units of product z. the company uses a plantwide overhead rate based on direct labor-hours. it is considering implementing an activity-based costing (abc) system that allocates all $791,400 of its manufacturing overhead to four cost pools. the following additional information is available for the company as a whole and for products y and z: estimated overhead cost expected activity activity cost pool machining machine setups product desigrn general factory activity measure machine-hours number of setups number of products direct labor-hours379,500 12,000 dlhs $ 203,000 10,000 mhs $ 121,900 87,000 230 setups 2 products activity measure product yproduct z machine-hours number of setups number of products direct labor-hours 7,300 50 2,700 180 1 2,500 9,500
9. using the abc system, how much total manufacturing overhead cost would be assigned to product y? (round all intermediate calculations to 2 decimal places.) total manufacturing overhead cost
10. using the abc system, how much total manufacturing overhead cost would be assigned to product z? total manufacturing overhead cost
11. using the plantwide overhead rate, what percentage of the total overhead cost is allocated to product y and product z? (round your "percentage" answers to 2 decimal place.) product y product z manufacturing overhead
12. using the abc system, what percentage of the machining costs is assigned to product y and product z? (round your "percentage" answers to 2 decimal places.) product y product z machining cost
13. using the abc system, what percentage of machine setups cost is assigned to product y and product z? (round your "percentage" answers to 2 decimal places.) product y product z machine setups cost
14. using the abc system, what percentage of the product design cost is assigned to product y and product z? product y product z product design cost
15. using the abc system, what percentage of the general factory cost is assigned to product y and product z? (round your "percentage" answers to 2 decimal place.) product y product z general factory cost

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

The starr theater, owned by meg vargo, will begin operations in march. the starr will be unique in that it will show only triple features of sequential theme movies. as of march 1, the ledger of starr showed: cash $3,150, land $22,000, buildings (concession stand, projection room, ticket booth, and screen) $10,000, equipment $10,000, accounts payable $7,300, and owner’s capital $37,850. during the month of march, the following events and transactions occurred.mar. 2 rented the three indiana jones movies to be shown for the first 3 weeks of march. the film rental was $3,600; $1,600 was paid in cash and $2,000 will be paid on march 10.3 ordered the lord of the rings movies to be shown the last 10 days of march. it will cost $200 per night.9 received $4,500 cash from admissions.10 paid balance due on indiana jones movies rental and $2,200 on march 1 accounts payable.11 starr theater contracted with adam ladd to operate the concession stand. ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.12 paid advertising expenses $900.20 received $5,100 cash from customers for admissions.20 received the lord of the rings movies and paid the rental fee of $2,000.31 paid salaries of $2,900.31 received statement from adam ladd showing gross receipts from concessions of $6,000 and the balance due to starr theater of $900 ($6,000 × 15%) for march. ladd paid one-half the balance due and will remit the remainder on april 5.31 received $9,200 cash from customers for admissions.1.) enter the beginning balances in the ledger.2.) journalize the march transactions. starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense. (credit account titles are automatically indented when the amount is entered. do not indent manually. record journal entries in the order presented in the problem. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)3.) post the march journal entries to the ledger. (post entries in the order of journal entries presented in the previous question.)