1. What is the corridor principle? How does "corridor principle" help entrepreneurs/intrapreneurs in generating new business ideas? Is this a general theory or partial theory and why so? 2: How do societal changes in population demographics create business opportunities? Explain this with examples for cases) of specific business, company or industry.

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40