Calverton,Inc

question 90

Multiple Choice

Calverton,Inc.produces two different products (Standard and Luxury) using two different activities: Machining,which uses machine hours as an activity driver,and Inspection,which uses number of batches as an activity driver.The cost of Machining is $500,000,while the cost of Inspection is $30,000.Standard is assigned $150,000 in Machining cost,and $22,500 in Inspection cost.What proportion of Inspection activity is used by Luxury?

• A)25%
• B)33%
• C)67%
• D)75%

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Definitions:

European Communism

A variant of communism that was practiced in various countries in Europe, characterized by the implementation of Marxist-Leninist principles in political, economic, and social spheres.

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Karl Marx

A 19th-century philosopher, economist, and revolutionary socialist who developed the theory of Marxism, critiquing the impacts of capitalism on society.

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Individuals or entities that own capital goods, invest in business ventures, and seek to generate profits within an economic system based on capitalism.