For calendar year 3, clark corp. had depreciation of $300,000 on its income statement. on its year 3 tax return, clark had depreciation of $500,000. clark's income statement also included $50,000 accrued warranty expense that will be deducted for tax purposes when paid in a future year. clark's enacted tax rates are 30% for year 3 and 25% for future years. these were clark's only temporary differences. in clark's year 3 income statement, the deferred portion of its provision for income taxes should be:

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