Gerald company has the following account balances at the end of the first year of operations: revenues $ 101 comma 000 salaries expense $13,000 dividends $ 12 comma 000 utilities expense $11,000 advertising expense $ 6 comma 000 cash $ 30 comma 000 land $ 51 comma 000 common stock $ 53 comma 000 what are total assets at the end of the first year?

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection