Which of the following is an example of a country that has experienced dollarization?

A) Ecuador
B) Japan
C) France
D) Brazil

A

Business

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Indicate whether the statement is true or false.

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Metalworks applies manufacturing overhead on the basis of direct materials used in production. During the current period, direct materials used for job #123 amounted to $22,545

If Metalworks' overhead rate is 0.65 of direct materials used, the overhead applied to job #123 for the period was $15,000. Indicate whether the statement is true or false.

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