Ridgeway corporation uses direct labor hours to allocate overhead to work-in-process. the company's budgeted overhead is $420,000 and it expects to produce 40,000 vases this period. it takes 2 direct labor hours to produce one vase. if 60,000 direct labor hours are actually worked during the period, how much overhead should be allocated to the work-in-process inventory?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

What is the sequence of events that could lead to trade surplus