Clemmens company applies overhead based on direct labor cost. estimated overhead and direct labor costs for the year were $115,500 and $124,600, respectively. during the year, actual overhead was $107,000 and actual direct labor cost was $116,000. the entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include (round predetermined overhead rate to nearest whole percentage.):

Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Acoase solution to a problem of externality ensures that a socially efficient outcome is to