Briefly explain whether you agree with the following statement:"If at the current quantity marginal benefit is greater than marginal cost, there will be deadweight loss in the market. However, there is no deadweight loss when marginal cost is greater than marginal benefit."

Mandela manufacturing thinks that the best activity base for its manufacturing overhead is machine hours. the estimate of annual overhead costs is $540,000. the company used 1,000 hours of processing for job a15 during the period and incurred actual overhead costs of $580,000. the budgeted machine hours for the year totaled 20,000. what amount of manufacturing overhead should be applied to job a15? $29,000. $540. $580. $27,000.