National inc. manufactures two models of cmd that can be used as cell phones, mpx, and digital camcorders. model annual salesin unitshigh f 11,500great p 17,500national uses a volume-based costing system to apply factory overhead based on direct labor dollars. the unit prime costs of each product were as follows: high f great pdirect materials $ 39.50 $ 26.90direct labor $ 19.10 $ 14.70budget factory overhead: engineering and design 2,700 engineering hours $ 486,000quality control 13,130 inspection hours 337,740machinery 34,010 machine hours 541,920miscellaneous overhead 26,690 direct labor hours 132,750total $ 1,498,410national's controller had been researching activity-based costing and decided to switch to it. a special study determined national's two products have the following budgeted activities: high f great pengineering and design hours 1,110 1,590quality control inspection hours 5,790 7,340machine hours 20,430 13,580labor hours 12,150 14,540what is the overhead application rate using the firm's volume-based costing system?

answer; ///they are able to see how many people have read or watched some part of a commercial;

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

the answer is true.  i do believe this is the answer because of the amount of wrecks people get into each year.  if you double this with avoiding those so said wrecks, that would make you a "skilled" driver.