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The Nutcracker Company Manufactures Two Types of Bolts: Top Point,the

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The Nutcracker Company manufactures two types of bolts: Top Point,the premium bolt,and a less competitive bolt,Bottom Point.The managerial accountant uses activity-based costing system (ABC)to calculate the manufacturing cost of Top Point.The product is very similar to other products produced in the marketplace.Does the company operate in a competitive market or a noncompetitive market? How does the manager determine prices? Why?


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