Assume that IBM analyzed its portfolio of products as part of its strategic planning exercise and found the following results for four of its businesses. You are the Vice-President of Strategic Planning at IBM. You are expected to conduct a portfolio analysis. OurMarket Share (%) Largest Competitor’s Market Share (%) Annual Growth Rate (%)Desktop 20 40 20Laptops 30 25 25E-Business 60 30 5Memory Chips 10 40 8Compute the relative market shares for E-Businesses:

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be: