Roscoe Company incurred direct materials costs of $500,000 during the year. Manufacturing overhead applied was $540,000 and is applied based on direct labor costs. The predetermined overhead rate is 75%. How much are Roscoe Company's total manufacturing costs for the year?
a. $1,220,000
b. $1,760,000
c. $1,040,000
d. $1,445,000

Why should managers invest any excess cash

Dakota company experienced the following events during 2016. 1. acquired $30,000 cash from the issue of common stock. 2. paid $12,000 cash to purchase land. 3. borrowed $10,000 cash. 4. provided services for $20,000 cash. 5. paid $1,000 cash for utilities expense. 6. paid $15,000 cash for other operating expenses. 7. paid a $2,000 cash dividend to the stockholders. 8. determined that the market value of the land purchased in event 2 is now $12,700

Predict how the price of athletic shorts would change if schools banned their use