During march 2019, alaska corporation recorded $233,000 of costs related to factory overhead. alaska's overhead application rate is based on direct labor hours. the preset formula for overhead application estimated that $250,000 would be incurred, and 12,500 direct labor hours would be worked. during march, 11,800 hours were actually worked. use this information to determine the amount of overhead over or under applied. enter overapplied overhead as a negative number. (round & enter any final dollar answers to the nearest whole dollar)

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?