Acollege graduate in 1972 found a job paying $7,200. the cpi was 0.418 in 1972. a college graduate in 2016 found a job paying $60,000. the cpi was 2.40 in 2016. the 1972 graduate's job paid in nominal terms and in real terms than the 2016 graduate's job.

Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800