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Home for the Holidays, Inc rovides the following financial information $250,000 49,000 Income from operations Interest expense Gains/(losses) on sale of equipment Net income 2800
Home for the Holidays, Inc rovides the following financial information $250,000 49,000 Income from operations Interest expense Gains/(losses) on sale of equipment Net income 2800 198,200 2,700,000 otal assets at Jan. 1 Total assets at Dec.31 alculate return on investment based on the information given above. (Round your answer to two decimal places.) 9.26% 7.14% 8.06% 6.39% QUESTION 21 If estimated overhead costs for the year are expected to be $525,000 and estimated labor hours are estimated to be 25,000, what is the predetermined overhead allocation rate per labor hour? O 2100 4.8 0 .048 21
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