Believing that its traditional cost system may be providing misleading information, farragut manufacturing is considering an activity-based costing (abc) approach. it now employs a traditional cost system and has been applying its manufacturing overhead on the basis of machine hours. farragut plans on using 50,000 direct labor hours and 30,000 machine hours in the coming year. the following data show the manufacturing overhead that is budgeted. if farragut employs an activity-based costing system, the cost per unit for the product described for the coming year would be

Because the demand for wheat tends to be inelastic. true or false

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.

Beachballs, inc., expects abnormally high earnings for the next three years due to the forecast of unusually hot summers. after the 3-year period, their growth will level off to its normal rate of 6%. dividends and earnings are expected to grow at 20% for years 1 and 2 and 15% in year 3. the last dividend paid was $1.00. if an investor requires a 10% return on beachballs, the price she is willing to pay for the stock is closest to: