Abusiness venture can result in the following outcomes (with their corresponding chance of occurring in parentheses): highly successful (10%), successful (25%), break even (25%), disappointing (20%), and highly disappointing if these are the only outcomes possible for the business venture, what is the chance that the business venture will be considered highly disappointing? a) 10% b) 15% c) 20% d) 25%

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40