Data sources: U. S. Department of Health and Human Services and the U. S. Census Bureau +
For each of the professions in the left. column, calculate the annual pay based on full-time,
year-round employment consisting of 2,000 hours a year (40 hours per week for 50 weeks
per year). Record your calculations under "Annual income" in the table. Then, find the
difference between each annual wage figure and a) the poverty threshold and b) the median
household income. If the difference is a negative number, record it as such. (30 points)
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Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours.required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)