At the beginning of the year, Swaim Company estimated…

       At the beginning of the year, Swaim Company estimated annual overhead costs to be $400,000 and machine hours to be used at 200,000.  Swaim uses machine hours as the base for applying manufacturing overhead.  Actual machine hours totaled 180,000 during the year.  Actual overhead costs for the year were $420,000. The predetermined manufacturing overhead rate per machine hours is:

Gold Company is analyzing a certain cost that exhibited the…

Gold Company is analyzing a certain cost that exhibited the following behavior.                         Observation                 Activity                       Cost                                 1                              100                          $1,325                                 2                              200                          $2,650                                 3                              300                          $3,975