Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go-karts: Deluxe and Basic. Activity Expected Costs Expected Activity Handling materials $ 710,000 100,000 parts Inspecting product 985,000 1,500 batches Processing purchase orders 190,000 700 orders Paying suppliers 260,000 500 invoices Insuring the factory 385,000 40,000 square feet Designing packaging 160,000 2 models Required: Compute the activity rate for each activity, assuming the company uses activity-based costing

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.