Huffington company uses a plantwide overhead rate to apply overhead. the predetermined overhead rate is based on machine hours. at the beginning of the year, the company made the following estimates: direct labor hours of 16,000, direct labor cost of $200,000, machine hours of 5,000, and total overhead costs of $25,000. on a per machine hour basis, the company's plantwide overhead rate is:

answer; is usually (less than) the socially optimal level of consumption;

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answerprotecting competitors;