Many years ago, a South African Republic believed that it was in its best interests to maintain a trade surplus, in other words, to export more than it imports. In so doing, the Republic hoped to accumulate gold and silver, and consequently, increase its national wealth, prestige, and power. In this scenario, what influenced the approach to international trade

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