Amy Corporation, which applies manufacturing overhead on the basis of direct labor hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead $264,040 Estimated direct labor hours 2,300 Actual manufacturing overhead $258,000 Actual direct labor hours 2,260 The estimates of the manufacturing overhead and of direct labor hours were made at the beginning of the year. The applied manufacturing overhead for the year is closest to:

$259,448

Explanation:

Estimated manufacturing overhead $264,040

Estimated direct labor hours 2,300

predetermined overhead rate = $114.80 per labor hour

Actual manufacturing overhead $258,000

Actual direct labor hours 2,260

actual overhead rate = $114.16

applied overhead for the year = actual direct labor hours x predetermined overhead rate = 2,260 hours x $114.80 = $259,448 overapplied ($259,448 ˃ $258,000)

years agooo ahaha. but honestly they need to update ! : )

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.