Use the following information to answer questions
Green Thumb Garden Supplies reported the following information for 2021 and 2022:
-What is the return on common shareholders' equity for 2022?
Definitions:
Departmental Predetermined
Departmental predetermined refers to the allocated overhead rates established beforehand for specific departments within a company, aiding in more accurate departmental costing and budgeting.
Overhead Rate
The amount of indirect costs allocated to cost objects, calculated by dividing total overhead costs by an allocation base.
Machine-Hours
A gauge of output or activity in production, measured by the operating hours of machinery.
Manufacturing Departments
Specific areas within a manufacturing facility where distinct processes or tasks are carried out in the production of goods.
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