Total manufacturing overhead for the year is estimated to be $752,000 and is allocated based on machine hours, which are expected to be 800,000 hours for the year. variable manufacturing overhead is expected to be $600,000 for the year. the standard machine hours per gadget is 15. what is the standard fixed manufacturing overhead cost per gadget

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.