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Rizzo Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four activities have been identified: machining, setups, receiving, and packing. Resource drivers have been used to assign costs to each activity. The overhead activities, their costs, and the other related data are as follows:
A. Calculate the total overhead assigned to each the 35mm camera using only machine hours to calculate a plant-wide rate.B. Using an activity rate for receiving based on receiving orders, assign receiving costs to the 35mm camera.C. Calculate an activity rate for packing based on packing orders.
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?
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