The Manager at the Atlantic Organization Reported $225,000 in Administration

question 79

Multiple Choice

The manager at the Atlantic Organization reported $225,000 in Administration Activity.The manager reported that the cost-allocation base was 32,000 in direct manufacturing-labor hours.
Required:
Compute the direct manufacturing labor-hours.

• A)$7.00
• B)$7.03
• C)$7.10
• D)$7.15
• E)$7.25

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Definitions:

Numeraire

is a standard unit of measurement in economic models used to express prices and exchange rates.

Edgeworth Box

A diagram used in economics to show the distribution of resources and the allocation of goods in a two-person, two-good economy.

Contract Curve

In economics, the curve that represents the set of Pareto efficient allocations in an Edgeworth Box diagram.

Utility Function

A symbolic depiction illustrating the ranking of preferences a consumer holds across various goods or outcomes.