Jim, twenty-five, has recently taken a job to support himself as he completes college. jim’s employer does not sponsor a retirement account, but jim has been able to set aside some of his salary each week for investment in an ira. ideally jim would prefer not to withdraw an funds from his ira before he retires, but he would like to deduct the contributions to the irta from his federal income taxes. based on this information, should jim invest the money he has set aside in a traditional ira or a roth ira?

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: