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Hummingbird Manufacturing manufactures small parts and uses an activity-based costing system. The following parts were produced in October with the following information:
Total unit costs for Part A is closest to (round to two decimal points)
Financial Loss
The loss of money or decrease in financial value in an investment, transaction, or business operation.
Microchips
Small electronic components consisting of integrated circuits used in various devices for processing, storage, and control purposes.
Export and Import Permits Act
Legislation that controls the export and import of specific goods and technologies to and from a country, requiring permits for certain items to ensure national security and compliance with international agreements.
Bill of Lading
A bill of lading is a legal document issued by a carrier to the shipper, detailing the type, quantity, and destination of the goods being transported.
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