Marquis company estimates that annual manufacturing overhead costs will be $900,000. estimated annual operating activity bases are direct labor cost $500,000, direct labor hours 50,000, and machine hours 100,000.

compute the predetermined overhead rate for each activity base. (round answers to 2 decimal places, e. g. 10.50.)

overhead rate per direct labor cost
marquis company estimates that annual manufacturin

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overhead rate per direct labor hour
$marquis company estimates that annual manufacturin

overhead rate per machine hour
$marquis company estimates that annual manufacturin

in january, dieker company requisitions raw materials for production as follows: job 1 $900, job 2 $1,200, job 3 $700, and general factory use $600.

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.