Sona is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 Sona is planning to invest $50 million in CAPEX and forecasted depreciation is $16 million

The Equinox Fabrication Plant suffered a fire incident in August, and most of the records for the year were destroyed

The following accounting data for the year were recovered: Total manufacturing overhead estimated at the beginning of the year $103,520 Total direct labor costs estimated at the beginning of the year $185,000 Total direct labor hours estimated at the beginning of the year 3,500 direct labor hours Actual manufacturing overhead costs for the year $99,570 Actual direct labor costs for the year $150,000 Actual direct labor hours for the year 2,950 direct labor hours The company bases its manufacturing overhead allocation on the number of direct labor hours. What was the predetermined overhead allocation rate for the year? (Round your answer to the nearest cent.) A) $35.09 B) $1.86 C) $29.58 D) $62.71

________ purchase a variety of equipment from several manufacturers and package them as a system

A) Wholesalers B) Value-added resellers C) Brokers D) Sales agents E) Distributors