Kirkaid Company recorded the following transactions for the just completed month: a. $100,000 in raw materials were requisitioned for use in production. Of this amount, $80,000 was for direct materials and the remainder was for indirect materials. b. Total labor wages of $124,000 were incurred. Of this amount, $113,000 was for direct labor and the remainder was for indirect labor. c. Additional actual manufacturing overhead costs of $205,000 were incurred. d. A total of $246,000 in manufacturing overhead was applied to jobs. Required: Determine the underapplied or overapplied overhead for the month.

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

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For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent