Echo Corporation uses a job costing system and applies overhead to jobs using a predetermined overhead rate. During the year, the company's Finished Goods Inventory account was debited for $360,000 and credited for $338,800. The ending balance in the Finished Goods Inventory account was $36,600. At the end of the year, the manager overapplied $15,900 to manufacturing overhead. What represent the actual manufacturing overhead cost for the year if the manager allocated $169,300 to manufacturing overhead?

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.