aaron, inc. estimates direct labor costs and manufacturing overhead costs for the coming year to be $750,000 and $550,000, respectively. aaron allocates overhead costs based on machine hours. the estimated total labor hours and machine hours for the coming year are 18,000 hours and 7,000 hours, respectively. what is the predetermined overhead allocation rate? (round your answer to the nearest cent.)

Textile industry in a nation is characterized by vigorous domestic rivalry. which of the following observations of this nation's international competency is most likely to be true? the nation will have access to such basic factors of textile industry as natural resources. the nation's textile firms will have a competitive advantage in international trade. the domestic customers of the textile firms will be less demanding. the nation's textile industry will lack the advanced factors that are necessary to be internationally competent.