Tom is a mushroom farmer and he invests all his spare cash in additional mushrooms, which grow on otherwise useless land the mushrooms double in size during their first year, after which they are harvested and sold at a constant price year round. Tom's friend asks him for a loan of $200, which he promises to repay after a year. How much interest he will his friend have to pay?

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40