Parker manufacturing makes six models of widget. one model, the standard, has a total per-unit cost of $6.20. each standard requires $1.10 of materials and takes 0.4 direct labor hours to manufacture. the firm’s costs per direct labor hour are $9. total costs for each model of widget consist of direct labor costs, materials costs, and overhead costs. if parker allocates overhead on the basis of direct labor hours, what is the firm’s predetermined overhead rate?

a. $3.75 per direct labor hour

b. $1.50 per direct labor hour

c : $9.00 per direct labor hour

d : $5.40 per direct labor hour

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

Which of these is an example of innovation?