The cash balance on june 30 is projected to be $ 4 comma 200$4,200. the company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. it may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 55%. all financing transactions are assumed to take place at the end of the month. the loan balance should be repaid in increments of $5,000 whenever there is surplus cash. calculate the final projected cash balance at the end of august taking into consideration all the financing transactions.

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40