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kodGreya [7K]
3 years ago
14

g A constraint to complicated macroeconomic models has been: Group of answer choices that firms do not maximize profits. that ag

ents are not rational. that economists have run out of ideas. a lack of computing power. an insufficient understanding of statistics.
Business
1 answer:
babymother [125]3 years ago
7 0

Answer:

a lack of computing power.

Explanation:

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Giving the following information:

Pinnacle Corp. budgeted $264,760 of overhead cost for the current year. Pinnacle's plantwide allocation base, machine hours, was budgeted at 50,840 hours.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 264760/50840= 5.21

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