Economists have determined that the economy goes through a cycle of
growth and decline how often?
o
a. every 25-31 years
o
b. every 80-95 years
o
c. every 54-60 years
o
d. every 6-10 years

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection