In economics, if a good is inelastic,

a) consumers have lost an interest in purchasing it.
b) producers have lost an interest in manufacturing it.
c) its supply or demand is too sensitive to price changes.
d) its supply or demand is not sensitive to price changes.

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