For 2018, Gary Manufacturing uses machine-hours as the only overhead cost-allocation base. The accounting records contain the following information: Estimated manufacturing overhead $350,000 and Estimated Machine-hours 70,000 hours and estimated labor hours 20,000 hours. Company uses 500 machine hour in Job 120 and 700 machine hour in Job 130. The applied manufacturing overhead for Job 130 is: a. $7,500. b. $3,500. c. $10,500. d. $2,500.

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e.g.