The Chicago School approach to antitrust policy is a ________ or ________ approach to antitrust policy

In a 1:N relationship, the term parent refers to the N side of the relationship

Indicate whether the statement is true or false

Greenlaw Products uses job order costing and applies overhead to products using direct labor hours. Greenlaw has determined that their predetermined overhead is $4.00 per direct labor hour when an estimated 200,000 direct labor hours are incurred

During 2011 Greenlaw actually incurred a total of 215,000 direct labor hours and actual overhead costs ended up being $900,000. Greenlaw has no ending work-in-process or finished goods inventories. Required: A. What were Greenlaw's estimated total overhead costs for the year? B. By how much was overhead over- or underapplied? C. Assuming that cost of goods sold was $3,000,000 prior to the adjustment for over- or underapplied overhead, what will be the cost of goods sold amount after the year-end adjustment?