Exercise 2-1 (Algo) Compute a Predetermined Overhead Rate [LO2-1] Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $588,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $809,412 and its actual total direct labor was 38,500 hours. Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places) Predetermined overhead rate per DLH

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What’s the EPS-Diluted ? In case you need more information, just let me know Many times you rejected my questions without letting me know what’s wrong, that’s not professional. ABC Electric - Income Statement 2019 Revenue $ 10,000,000 CGS 4,500,000 Gross Profit $ 5,500,000 SG&A 2,000,000 R&D 1,000,000 Deprec & Amort 500,000 Total Op. Expense 3,500,000 Operating Profit $ 2,000,000 Interest cost 805,000 Interest income 45,000 Pre-Tax $ 1,240,000 Tax (21%) 260,400 Net Income $ 979,600 EPS - Basic $ 0.10 EPS - Diluted ? Average Shares Outstanding 10,000,000 Diluted Shares 14,250,000 Diluted Shares…

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1. DOT MATRIX PRINTERS ARE NOT CONSIDERED AS DESKTOP PRINTERS. A. TRUE B. FALSE