Ron's quik shop bought machinery for $75,000 on january 1, 2017. ron estimated the useful life to be 5 years with no salvage value, and the straight-line method of depreciation will be used. on january 1, 2018, ron decides that the business will use the machinery for a total of 6 years. what is the revised depreciation expense for 2018?

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: