Baker corporation applies manufacturing overhead on the basis of direct labor-hours. at the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $97,650 and 3,100 estimated direct labor-hours. actual manufacturing overhead for the year amounted to $99,850 and actual direct labor-hours were 2,850. the applied manufacturing overhead for the year was closest to: (round your intermediate calculations to 2 decimal places.)

Which of the following is a problem for the production of public goods?

How do communism and socialism differ in terms of the role that government plays in the economy ?

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.