Haddows, Inc. completed Job GH6 last month. The cost details of GH6 are shown below. Direct labor cost $2,060 Direct materials cost $90 Direct labor hours 4 hours $74 Predetermined overhead allocation rate per direct labor hour Number of units of finished product 33 Calculate the cost per unit of the finished product of Job GH6. (Round your answer to the nearest cent.)

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.