P11-55b comprehensive standards and variances problem (learning objectives 1, 2,3, 5, & 6) nautical awning manufactures awnings and uses a standard cost system. nautical allocates overhead based on the number of direct labor hours. the following are the company's cost and standards data direct material 18.0 yards per awning at $10.00 per yard direct labor 2.0 hours per awning at $13.00 per hour variable moh standard rate $5.00 per direct labor hour predetermined fixed moh standard rate $10.00 per direct labor hour total budgeted fixed moh cost $34,000 actual cost and operating data from the most recent month follows: purchased 35,460 yards at a total cost of $333,324 used 31,300 yards in producing 1,800 awnings actual direct labor cost of $45,457 for a total of 3,470 hours actual variable moh cost $19,085 actual fixed moh cost $39,500 all manufacturing overhead is allocated on the basis of direct labor hours.

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y