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  3. in 1996, the cost to make a barbie doll was $2.00.

In 1996, the cost to make a Barbie doll was $2.00. Use the following exchange...

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Accounting

In 1996, the cost to make a Barbie doll was $2.00. Use the following exchange rates to estimate a more current estimate of the global costs of making a Barbie doll. 1 Saudi Arabian Riyal =0.2685 U.S. dollars; 1 Taiwan dollar =0.0377 U.S. dollars; 1 Hong Kong dollar =0.1300 U.S. dollars; 1 Japanese yen =0.0106 U.S. dollars; 1 Chinese Yuan =0.1586 U.S. dollars.
Required:
What is the revised cost of making a Barbie doll?
Note: Round your answer to two decimal places.
Has the total cost increased or decreased since 1996 as a result of changes in exchange rates?

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