In december 2016, shire computer’s management establishes the 2017 predetermined overhead rate based on direct labor cost. the information used in setting this rate includes estimates that the company will incur $912,000 of overhead costs and $570,000 of direct labor cost in year 2017. during march 2017, shire began and completed job 13-56. 1. what is the predetermined overhead rate for 2017? 2. using the information on the following job cost sheet, determine the total cost of the job.

Select the correct answer. the word intestate means that a person has died with or without a will?

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?