A company estimated the manufacturing overbead costs for the coming year at $420,000 The total estimated direct labor bourse 15.000 hours, and the estimated machine hours to be worked we 6,000 hoursThe company allocates its manufacturing overhead costs based on the direct labor hos What is the pre determined overhead allocation rate? a $20 per direct labor hour b. S70 per machine hour $2$ per machine hou d. 55 per direct labor hour A company purchased an equipment for $31.000 in January 2017. The estimated usefu life of the equipment is 10 years with an estimated salvage value of $2.000 at the end of 11 years. The company depreciates its assets using straight line method. Compute th depreciation expense for the company for the year .. The depreciation expense for the year 2017 is $2,700 The depreciation expense for the year 2017 is $3,100 The depreciation expense for the year 2017 is $3,300. The depreciation expense for the year 2017 is $2,900 Data related to a bond issued by Roxon enterprises is given below: Interest expense on bond Increase in interest payable on bond Decrease in discount on bond $800,000 58,000 $2,000 Cash paid for interest on bond is .. $790.000 b. $806,000 c. $784,000 d $910,000