Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs to be $412,000, and direct labor costs to be $2,060,000. Actual overhead costs for the year totaled $389,000, and actual direct labor costs totaled $1,830,000. At year-end, the balance in the Factory Overhead account is a:

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.