Assume that at the current market price of $4 per unit of a good, you are willing and able to buy 20 units. last year at a price of $5 per unit, you purchased 20 units. what has most likely happened over the last year?

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection