Grey, inc., uses a predetermined rate to apply overhead. at the beginning of the year, grey estimated its overhead costs at $220,000, direct labor hours at 55,000, and machine hours at 20,000. actual overhead costs incurred were $233,250, actual direct labor hours were 62,000, and actual machine hours were 15,000.

if the predetermined overhead rate is based on machine hours, what is the total amount credited to the factory overhead account for the year for grey?

a. $215,000
b. $165,000
c. $240,000
d. $135,000

How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\

Post test question number 9 for entering the job market

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?