Stare Decisis is a Latin phrase meaning "to stand on decided cases." Furthermore, Stare Decisis philosophy make the law stable and predictable, and increase judicial efficiency by relieving courts of having to reinvent legal principles for each case brought before them.

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection