Marquis Company estimates that annual manufacturing overhead costs will be $809,000. Estimated annual operating activity bases are direct labor cost $494,000, direct labor hours 52,400, and machine hours 108,200.

Compute the predetermined overhead rate for each activity base.

Overhead rate per direct labor cost (Round answers to 2 decimal places, e. g. 110.10%.)
Marquis Company estimates that annual manufacturin
Overhead rate per direct labor hour (Round answers to 2 decimal places, e. g. $10.50.)
$Marquis Company estimates that annual manufacturin
Overhead rate per machine hour (Round answers to 2 decimal places, e. g. $10.50.)

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified