Financing government spending by selling bonds to the public, which pays for the bonds with currency, . leads to a permanent increase in the monetary base. has no net effect on the monetary base. leads to a permanent decline in the monetary base. leads to a temporary increase in the monetary base.

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: