Curtis Inc. uses a job order costing system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $67,995 for the year; direct labor was estimated to total $151,100. (1/1) (12/31)
Raw Materials Inventory $ 11,900 $ 13,500
Work in Process Inventory $ 22,200 $ 18,200
Finished Goods Inventory $ 35,300 $ 39,800
The following transactions have occurred during the year.
Raw materials purchases $ 118,000
Direct materials used $ 109,500
Direct labor $ 147,200
Indirect materials used $ 6,900
Indirect labor $ 15,100
Factory equipment
depreciation $ 24,200
Factory rent $ 19,200
Factory utilities $ 9,400
Other factory costs $ 8,100
(a) Calculate the predetermined overhead rate.(b) Calculate cost of goods manufactured.(c) Calculate the over- or underapplied overhead. (Input all amounts as positive values.)(d) Calculate adjusted cost of goods sold.

For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.rahal's accounts receivable at december 31, 2018, are:

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)

Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors