Because profit is calculated based on costs, it allows firm owners to make better decisions about . economic; implicit opportunity; increasing or decreasing output accounting; total; increasing or decreasing output economic; total; entering and exiting a market accounting; implicit opportunity; entering and exiting a market

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.