Congratulations! You have been hired to work in advertising for a large firm whose products are used by millions, including millennials and older adults. Your first task is to consider advertising options. Your company can purchase two types of ads: social media ads and print newspaper ads. Each social media ad will reach 60 millennials and 20 older adults. Each print newspaper ad will reach 10 millennials and 20 older adults. The cost for a social media ad is $88, and the cost for a print newspaper ad is $44. There is no overlap between the ads, meaning that social media ads are not seen by the same people who see print newspaper ads, and vice versa. Your advertising budget is $88.000.

If you spend your entire budget on social media ads, your ads will reach millennials and older adults.
If you spend your entire budget on print newspaper ads, your ads will reach millennials and older adults.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?

Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6