Purchasing Power Parity Suppose the rate of inflation in Russia will run about 3 percent higher than the U. S. inflation rate over the next several years. All other things being the same, what will happen to the ruble versus dollar exchange rate

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: