Question 7.7 . ( TCO B ) Buckhorn Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year . Data for the upcoming year appear below . Estimated machine hours 37,000 Estimated variable manufacturing overhead $ 7.77 per machine hour Estimated total fixed manufacturing overhead $ 888,000
The actual machine hours for the year turned out to be 35,000 .
Required : Compute the company ' s predetermined overhead rate . ( Points : 25 )
Set 3
( TCO E ) Preparing purchase orders is a ( n ) ( Points : 5 ) batch-level activity . product-level activity . unit-level activity . organization sustaining activity .
2 . ( TCO G ) Given the following data , what would ROI be ? Sales $ 70,000 Net operating income $ 10,000 Contribution margin $ 20,000 Average operating assets $ 50,000 Stockholder ' s equity $ 25,000 ( Points : 5 ) 28.6 % 20.0 % 40.0 % 50.0 % 3 . ( TCO C ) Heckaman Corporation produces and sells a single product . Data concerning that product appear below . Selling price per unit $ 115.00 Variable expense per unit $ 56.35 Fixed expense per month $ 299,115