If the Federal Reserve purchases securities, then: a. consumer spending will increase and AD will shift right.
b. consumer spending will decrease and AD will shift left.
c. government spending will increase and AD will shift right.
d. investment spending will increase and AD will shift right.
e. investment spending will decrease and AD will shift left.

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: