Miramar industries manufactures two products: a and b. the manufacturing operation involves three overhead activities—production setup, material handling, and general factory activities. miramar uses activity-based costing to allocate overhead to products. an activity analysis of the overhead revealed the following estimated costs and activity bases for these activities: activity cost activity base production setup $250,000 number of setups material handling 150,000 number of parts general overhead 80,000 number of direct labor hours each product's total activity in each of the three areas are as follows: product a product b number of setups 100 300 number of parts 40,000 20,000 number of direct labor hours 8,000 12,000 what is the activity rate for general overhead? a. $6.67 per direct labor hour b. $4.00 per direct labor hour c. $10.00 per direct labor hour d. $60.00 per direct labor hour

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.