Cabell Products is a division of a major corporation. Last year the division had total sales of $27,020,000, net operating income of $2,774,320, and average operating assets of $7,700,000. The company's minimum required rate of return is 15%. The division's turnover is closest to: Multiple Choice 9.74 3.51 2.40 0.36

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40