00. What is the corporation's taxable income?For 2019, Apricot Corporation has a net income on its books of $ 60,000, which includes the following items: N net capital losses $ 10,000 federal tax expense 25,000 Federal tax depreciation exceeds depreciation deducted on the books by $ 5,000. What is the corporation's taxable income?

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: