Kubal Inc. applies overhead based on machine hours. Kubal reports the following for the year just ended:

Budgeted overhead for the year $250,000
Budgeted machine hours 2,000
Actual overhead for the year $275,000
Actual machine hours 2,400

What is the amount of over- or under-applied overhead for the year?

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

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less