Fanning Company and Finch Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year: Fanning Company Finch Company Actual direct labor cost $ 150,000 $ 175,000 Estimated direct labor cost 155,000 110,000 Actual manufacturing overhead cost 55,700 91,700 Estimated manufacturing overhead cost 72,850 93,500 Required Compute the predetermined overhead rate for each company. Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company. Compute the amount of overapplied or underapplied manufacturing overhead cost for each company.

Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. assume you purchase a bond that costs $25. a. what is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $25 in 2017 at the then current interest rate of .27 percent year, how much would the bond be worth in 2027? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2037. what annual rate of return will you earn over the last 10 years? (do not