Merrick company computes a predetermined overhead rate at the beginning of the year and uses it to apply overhead to jobs throughout the year. merrick has several custom jobs in process. one of these jobs, c628, was in work in process inventory at the beginning of month. job c628 had direct materials of $6,200, direct labor of $8,680, and overhead of $17,360. if merrick applies overhead based on direct labor cost, what is merrick’s predetermined overhead rate for the year?

Which type of investment offers both capital gains and interest income? a. property b. cds c. stocks d. bonds

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.