Gilchrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the machine-hours for the upcoming year at 44,800 machine-hours. The estimated variable manufacturing overhead was $4.65 per machine-hour and the estimated total fixed manufacturing overhead was $1,239,616. The predetermined overhead rate for the recently completed year was closest to:

$32.32

Explanation:

From the information given, the predetermined overhead rate for the recently completed year will be calculated thus:

= Total manufacturing overhead / Estimated machine hours

= $1,447,936 / 44,800

= $32.32 per machine hour

Total manufacturing overhead was calculated as:

Estimated fixed overhead = $1,239,616

Estimated variable overhead = 44,800 × $4.65 = $208320

Total manufacturing overhead = $1,447,936

answer; ///i believe the best answer is (d) replace negative self talk with positive self-talk;

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20