Grey, inc., uses a predetermined rate to apply overhead. at the beginning of the year, grey estimated its overhead costs at $220,000, direct labor hours at 55,000, and machine hours at 20,000. actual overhead costs incurred were $233,250, actual direct labor hours were 62,000, and actual machine hours were 15,000.

if the predetermined overhead rate is based on machine hours, what is the total amount credited to the factory overhead account for the year for grey?

a. $215,000
b. $165,000
c. $240,000
d. $135,000

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?