Chapter 9, Problem 5P

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At the beginning of the year, Elevator Manufacturing estimates the following manufacturing costs for the next period: direct labor, $940,000; direct materials, $610,000; and factory overhead, $282,000. 1. Compute its predetermined overhead rate as a percent of direct labor. 2. Compute its overhead cost as a percent of direct materials.

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During 2022, Rousseau Industries reported net sales of $4,200,000, net income of $950,000, and depreciation expense of $150,000. Rousseau also reported beginning total assets of $1,600,000 and ending total assets of $2,000,000. What is Rousseau's asset turnover?

What were orion techs free cash flow and earning for the period?

What is the actual total direct materials cost?

Corvex Industries had sales of $620 million last year, and its production facility operated at 80% of capacity. The actual amount of fixed assets was $250 million. What total amount of fixed assets will Corvex need if it plans to increase sales by 30%?