Concord Company assigns overhead based on machine hours. The Milling Department logs 2460 machine hours and Cutting Department shows 4020 machine hours for the period. If the overhead rate is $3 per machine hour, the entry to assign overhead will show: a. A debit to Work in Process for $12060.
b. credit to Manufacturing Overhead for $19440.
c. credit to Work in Process—Cutting Department for $12060.
d. debit to Manufacturing Overhead for $19440.

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is