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Type: Posts; User: tony16

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  1. Answers
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    Activity Based Costing (cont.)

    Activity Cost Pool Activity Measure Estimated Activity Est. Overhead Cost
    Labor Related Direct Labor-Hours 8,000 $40,000
    Machine Related Machine Hours 12,500 $50,000 ...
  2. Question: Activity Cost Pool

    by tony16
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    1,094

    Activity Cost Pool

    Swagg Jewelry Corporation manufactures custom jewelry. In the past, Swagg has been using a traditional overhead allocation system based solely on direct labor-hours. Sensing that this system was...
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    President's Positive or Normative Views

    If you were president, would you be more interested in your economic advisors' positive views or their normative views? Why?

    I am unsure which the best answer is for this one, please help
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    Econ: True or False?

    True or False= Certain very talented people have a comparative advantage in everything they do.

    Seems to me that this is false because not one person can be good at everything, but I need more to...
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    a) The countries with the absolute advantage in...

    a) The countries with the absolute advantage in producing scones would be the English workers, while the Scottish has the absolute advantage in producing sweaters. For comparative advantage the...
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