Pinacle Corp. budgeted $266,000 of overhead cost for the cur…

Pinacle Corp. budgeted $266,000 of overhead cost for the current year. Actual overhead costs for the year were $255,970. Pinacle’s plantwide allocation base, machine hours, was budgeted at 53,320 hours. Actual machine hours were 49,300. A total of 91,840 units was budgeted to be produced and 98,000 units were actually produced.   What is Pinacle’s plantwide factory overhead rate for the current year?

Use the following information to determine whether the Fire…

Use the following information to determine whether the Fire House Capital Projects Fund should be reported as a major fund based on expenditure amounts provided.  Fire House Capital Projects Fund expenditures $2,740,000 General Fund expenditures $27,150,000 Total of all other governmental fund expenditures 1,433,000 Total of enterprise fund expenditures $7,500,000