rrent Attempt in Progress Sheffield Corp. sells its product for $60 per unit. During 2019, it produced 78000 units and sold 65000 units (there was no beginning inventory). Costs per unit are: direct materials $15, direct labor $9, and variable overhead $3. Fixed costs are: $936000 manufacturing overhead, and $117000 selling and administrative expenses. Under absorption costing, what amount of fixed overhead is deferred to a future period

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.