Use the following to answer question 73: 
-(Table: Market for Butter) Use Figure: Market for Butter.If the government imposes a price floor of $0.90 per kilogram of butter,the quantity of butter actually purchased will be _____ million kilograms.
Definitions:
Manufacturing Overhead
The indirect costs associated with manufacturing, not directly tied to a specific product, such as maintenance, utilities, and salaries of supervisors.
Overapplied Overhead
A situation where the allocated manufacturing overhead cost is more than the actual overhead cost incurred.
Underapplied Overhead
Occurs when the allocated overhead costs are less than the actual overhead costs incurred.
Job Costing System
A cost accounting system that tracks the expenses of a specific job against its revenue to determine profitability.
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