CommercialServices. com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:

Sales $ 3,000,000
Net operating income $ 150,000
Average operating assets $ 750,000

Martinez manufacturing applies overhead based on direct labor hours. the company estimates that their overhead for the year will be $180,000, and that they will use 72,000 direct labor hours. during the year, martinez manufacturing actually used 75,000 direct labor hours and actual overhead costs were $190,000. at the end of the year, manufacturing overhead was: overapplied by $2,500. overapplied by $10,000. underapplied by $2,500. underapplied by $10,000.

After testing its water, a city water department issues a report to the related citizens, noting what chemicals have been identified, their doses, and the estimated risks of exposure at these levels. this report represents a type of

Describe what fixed costs and marginal costs mean to a company.