The secondary market consists of Group of answer choices transactions on the AMEX and in the OTC market. transactions on the AMEX. transactions in the OTC market. transactions through the investment banker. transactions on the AMEX, through the investment banker, and in the OTC market.

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be: