In the EPQ model, the total annual setup costs are given by ______.
a. (Annual demand / EPQ) * Setup cost
b. (Annual demand * EPQ) * Setup cost
c. (Annual demand * EPQ) / Setup cost
d. (Annual demand / EPQ) / Setup cost
a. (Annual demand / EPQ) * Setup cost
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Which of the following would be considered a primary dimension of diversity?
A. Physical ability B. Religion C. Lifestyle D. Appearance E. Educational background
An offeree who attempts to accept after an offer has terminated is himself making a(n) ________.
A. revocation B. grumbling acceptance C. counteroffer D. offer
The advantage of the continuous panel is they represent a large group of persons who have made themselves available for research
Indicate whether the statement is true or false
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningFinishingMachine-hours 19,000 11,000Direct labor-hours 3,000 6,000Total fixed manufacturing overhead cost$138,700$52,800Variable manufacturing overhead per machine-hour$1.90 Variable manufacturing overhead per direct labor-hour $3.80 During the current month the company started and finished Job A803. The following data
were recorded for this job: Job A803:MachiningFinishingMachine-hours 90 20Direct labor-hours 20 60The predetermined overhead rate for the Finishing Department is closest to: A. $12.60 per direct labor-hour B. $8.80 per direct labor-hour C. $3.98 per direct labor-hour D. $3.80 per direct labor-hour