Roman Industries hand assembles custom mountain bikes. Here are data for the current year: Roman applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor costs. What is Roman’s overhead allocation rate?

Argon Company has two processing departments and uses a process costing system. Here are data regarding the work in process inventory of the second processing department for the month of June: The units in ending work in process inventory are 100% complete with respect to direct materials and 50% complete with respect to conversion costs. What is the balance in the work in process inventory account on June 30?

Hammer Industries has two manufacturing departments, forging and finishing. Hammer uses departmental rates to apply overhead to jobs. The allocation base is machine hours in the forging department and direct labor hours in the finishing department. Hammer made the following estimates at the beginning of the year: Here are data regarding Job 792: What is the total cost of producing Job 792? Round to the nearest whole dollar and do not enter a dollar sign (e.g., enter 89, not $89.00).

The objective(s) of a pay system is(are) to:

An internal pay structure is defined by:

Wellhead Company’s break-even point in sales revenues is $435,000, and its variable costs are 60% of sales. If Wellhead reports a net operating loss of $28,000, what are its actual sales revenues?

Which of the following is an example of a relational return? 

_______ discrimination denies minorities workplace opportunities, while _______ discrimination addresses pay minorities receive for their jobs.

Which of the following antibiotics are used to reduce the growth of rapidly growing fungi in cultures but may also inhibit pathogenic fungi, preventing the isolation of the pathogen. 

Rex Industries plans to expand its product line. The project requires an initial investment of $285,000 to purchase new equipment. The annual revenues and expenses generated by this project each year during its 9-year life are as follows: The only non-cash item of income or expense is depreciation expense. The salvage value of the equipment at the end of the 9 years is $15,000. What is the payback period of this project in years? (Round to one decimal point.)