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Bluefield Corp. has two products lines, A and B. Bluefield has identified the following information about its overhead and potential cost drivers: Total overhead........... $112,500 Cost Drivers Number of labor hours.......2,500 Number of machine hours..59,800 REQUIRED: 1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 70 percent and Product B requires 30 percent. 2. Suppose Bluefield Corp. uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A consumes 22,100 machine hours and Product B consumes 37,700.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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