If 10,000 shares of $2 par value common stock are issued for $10 per share, then additional paid-in capital will increase by ________

Neptune Inc. uses a standard cost system and has the following information for the most recent month, April:

Actual direct labor hours (DLHs) worked 17,000 Standard DLHs allowed for good output produced this period 18,000 Actual total factory overhead costs incurred$45,400 Budgeted fixed factory overhead costs$10,800 Denominator activity level, in direct labor hours (DLHs) 15,000 Total factory overhead application rate per standard DLH$2.70 The total factory overhead spending variance in April for Neptune, Inc., to the nearest whole dollar, was:

Discuss why there is inefficiency in a monopoly situation. What is the role of the government in such situation?

What will be an ideal response?