The departmental overhead rate method uses a four-step process to allocate costs objects. List these steps in the correct order Instructions Choice 1 of 4. Use departmental overhead rates to assign costs to cost objects toggle button Use departmental overhead rates to assign costs to cost objects Choice 2 of 4. Compute the overhead allocation rates for each department toggle button Compute the overhead allocation rates for each department Choice 3 of 4. Assign overhead costs to departmental cost pools toggle button Assign overhead costs to departmental cost pools Choice 4 of 4. Select an allocation base for each department toggle button Select an allocation base for each department

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Grace period is a period of time before the credit card company starts charging late fees.truefalse

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.