The following information was gathered for Jasmine Company for the year ended December 31, 2010 Budgeted Actual Direct labor-hours 75,000 dlh 80,000 dlh Factory overhead (MOH) $600,000 $625,000 Assume that direct labor-hours are the cost-allocation base. Required: a. Compute the budgeted factory overhead rate. b. Compute the factory overhead applied. c. Compute the amount of over/underapplied overhead.

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should

Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery