Morataya corporation has two manufacturing departments--machining and assembly. the company used the following data at the beginning of the year to calculate predetermined overhead rates: machining assembly total estimated total machine-hours (mhs) 7,000 3,000 10,000 estimated total fixed manufacturing overhead cost $ 39,200 $ 6,600 $ 45,800 estimated variable manufacturing overhead cost per mh $ 1.90 $ 2.10 during the most recent month, the company started and completed two jobs--job b and job g. there were no beginning inventories. data concerning those two jobs follow: job b job g direct materials $ 14,800 $ 8,300 direct labor cost $ 22,000 $ 8,900 machining machine-hours 4,800 2,200 assembly machine-hours 1,200 1,800 assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. the amount of manufacturing overhead applied to job b is closest to: (round your intermediate calculations to 2 decimal places.)

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet

Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)