Granite state airlines serves the route between jfk and dca, with a single-flight-daily 100-seat aircraft. the one-way fare for discount tickets is $100, and the one-way fare for full-fare tickets is $150. the airline estimates that full-fare demand is normally distributed with a mean of 56 passengers and a standard deviation of 23 while discount fare demand is normally distributed with a mean of 88 passengers and a standard deviation of 44.
1. if the discount fare is not available, 20% of the discount fare demand would buy-up to the full fare. what is the optimal booking limit?

The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter.required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.