Question: Please provide the correct answer to this accounting problem using accurate calculations. G1 Tech Nova Manufacturing Inc. estimates that overhead costs for the next year

Please provide the correct answer to this accounting problem using accurate calculations.

Please provide the correct answer to this
G1 Tech Nova Manufacturing Inc. estimates that overhead costs for the next year will be $3,400,000 for indirect labor and $1,200,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 150,000 machine hours are planned for the next year, what is the company's plant wide overhead rate? a) $30.00 per machine hour b) $26.00 per machine hour c) $38.67 per machine hour d) $36.00 per machine hour Q.2 Vertex Solutions Inc. provides the following information for the current month: Purchases Purchases Discounts Merchandise Inventory (Jan 1) Merchandise Inventory (Jan 31) Sales Returns and Allowances Sales Purchases Returns and Allowances Freight In What is the amount of net sales? oA 2,000 5,000 8,000 1,500 90.000 2,500 1,500 Q.3 Summit Technologies Ltd. has fixed costs of $350,000 and a profit of $150,000. What is tts degree of operating leverage? a) 0.75 b) 1.2 c) 1.5 d) 2.0

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