Multiple Choice
Use the following to answer question: 
-(Figure: The Demand for e-Books) If the price of e-Books increases from $6 to $8,total revenue _____,which means that demand is _____.
Understand the calculation and application of a single plantwide factory overhead rate based on direct labor hours.
Calculate factory overhead cost per product unit using direct labor hours.
Analyze the allocation of total factory overhead to product production based on budgeted and actual production units.
Comprehend the principle and benefit of activity-based costing in allocating factory overhead.
Definitions:
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