Answer Posted / ramaraj.b
Equity (finance); The value of an ownership interest in
property, including shareholders' equity in a business....
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Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
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