Orion Tools has assets equal to $370,000 and liabilities equal to $295,000 at year-end. What is the total equity for Orion Tools at year-end?

Can you provide a detailed solution to this financial accounting problem using proper principles?

Could you help me solve this financial accounting question using appropriate calculation techniques?

Please explain the solution to this general accounting problem with accurate explanations.

Brown Corporation has 850 defective units of a product that cost $4.25 per unit in direct costs and $8.40 per unit in indirect costs when produced last year. The units can be sold as scrap for $5.30 per unit or reworked at an additional cost of $2.75 per unit and sold at the full price of $14.90. The incremental net income (loss) from the choice of reworking the units would be____.

What is the profit margin?

Please provide the accurate answer to this general accounting problem using appropriate methods.

Calculate the predetermined overhead allocation rate using each of the four possible allocation based provided

Andy Manufacturing produces plastic and metal kitchen utensils. In preparing the current budget, Andy's management estimated a total of $380,000 in manufacturing overhead costs and 19,000 direct labor hours for the coming year. In December, Andy's accountants reported actual manufacturing overhead incurred of $93,000 and 18,200 direct labor hours used during the year. Andy applies overhead based on direct labor hours. Required: What was Andy's predetermined overhead rate for the year? How much manufacturing overhead did Andy apply during the year?