Huang aerospace corporation manufactures aviation control panels in two departments, fabrication and assembly. in the fabrication department, huang uses a predetermined overhead rate of $30 per machine-hour. in the assembly department, huang uses a predetermined overhead rate of $12 per direct labor-hour. during the current year, job #x2984 incurred the following number of hours in each department: fabrication assembly machine-hours: 40 12direct labor-hours: 3 25what is the total amount of manufacturing overhead that huang should have applied to job #x2984 during the current year? a. $1,200b. $1,500c. $1,560d. $1,734

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.

Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.