Efore the year began, Butler Manufacturing estimated that manufacturing overhead for the year would be $ 175 comma 500 and that 14 comma 000 direct labor hours would be worked. Actual results for the year included the following: Actual manufacturing overhead cost $ 184 comma 500 Actual direct labor hours 14 comma 500 The amount of manufacturing overhead allocated for the year based on direct labor hours would have been . (Round intermediary calculations to the nearest cent and final answer to the nearest dollar.)

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!

false! basically!

i hope i'm correct.

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.