Nguyen inc. applies overhead to products based on direct labor hours using normal costing. during 2016, total overhead costs were estimated to be $500,000. actual overhead totaled $540,000 based on 32,000 actual direct labor hours. at the end of the year, overhead was overapplied by $20,000. based on this information, what was the predetermined overhead rate used during 2016?

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld