The manager of a hardware store is reviewing inventory policies for various items. Current policy is to replenish inventory for a particular item with weekly demand of 60 units by ordering 360 units at a per unit cost of $80. The cost associated with placing an order is estimated at $30 and holding costs are figured annually at 25 percent of the unit cost. The hardware store is open 52 weeks per year. Using this information, answer the questions below: What is the Economic Order Quantity

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: