Don’s Donuts is a tremendously successful Donut shop on the…

Don’s Donuts is a tremendously successful Donut shop on the East side of Madison. Don is considering opening up a new shop on campus, but he wants to have a better understanding of the required costs to do so. Don compiled seven monthly telephone bills from 2024 below. Please use the high-low method to help Don find the fixed cost component of his telephone bill. Please round your answer to the nearest whole number. Month Minutes Cost 1 18,491 $10,877 2 10,180 $11,470 3 20,913 $15,853 4 19,832 $15,433 5 11,830 $12,155 6 14,849 $13,419 7 23,990 $17,132

Badger LLC determines it’s manufacturing overhead rate for t…

Badger LLC determines it’s manufacturing overhead rate for the year based on the cost of direct labor. The estimated and actual costs for the year are outlined in the table below. What would the appropriate journal entry include to adjust for the amount of under/over applied manufacturing overhead?   Estimated Costs for Year Actual Costs for Year Manufacturing Overhead $500,000 $450,000 Direct Labor $800,000 $725,000