Montgomery company has developed the following flexible budget formulas for its four overhead items: overhead item fixed cost variable rate per direct labor hour maintenance $10,000 $ 3.00 power $ 1,500 $ 0.30 indirect labor cost $12.00 equipment lease $ 7,000 total $18,500 $15.30 montgomery normally produces 15,000 units (each unit requires 0.30 direct labor hours); however this year 19,000 units were produced with the following actual costs: overhead item actual costs maintenance $14,000 power $ 2,200 indirect labor cost $70,000 equipment lease $ 7,000 total costs $93,200 calculate the after-the-fact budget for the actual level of activity.

the answer is i don't know

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.