Blink Co. uses a job-order costing system. The following data relate to the just completed month's operations. Raw materials purchased on account $379,447 Direct materials used in production $360,910 Indirect materials used in production $15,070 Direct labor costs incurred $161,925 Indirect labor costs incurred $13,910 Depreciation recorded on factory equipment $112,000 Other actual factory overhead costs incurred $50,030 Factory overhead costs applied to jobs $194,310 Costs of jobs completed and transferred from Work in Process to Finished Goods $702,115 Cost of Goods Sold $710,860 Beginning balance, Work in Process Inventory $78,663 Beginning balance, Raw Materials Inventory $67,155 Ending balance, Raw Materials Inventory $70,622 Beginning balance, Finished Goods Inventory $88,420 Ending balance, Finished Goods Inventory $79,675 The amount of under- / overapplied factory overhead for the month would be: a. $8,745 underapplied b. There is no under- or overapplied factory overhead c. $3,300 overapplied d. $8,745 overapplied e. $3,300 underapplied

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. rahal's accounts receivable at december 31, 2018, are:

Double corporation acquired all of the common stock of simple company for