Recently, the government noticed that the consumption of cigarettes has increased among working individuals. to counter this increase, the government decides to raise the cost of cigarettes by increasing the excise tax on them. after six months, the government observes that the consumption of cigarettes has decreased to some extent. which type of taxation did the government use? direct tax indirect tax progressive tax proportional tax

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: