Predetermined overhead rate lo p3 at the beginning of a year, a company predicts total direct materials costs of $920,000 and total overhead costs of $1,330,000. if the company uses direct materials costs as its activity base to allocate overhead, what is the predetermined overhead rate it should use during the year?

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.