Bayes' Law involves three different types of probabilities: 1) prior probabilities; 2) likelihood probabilities; and 3) ____________________ probabilities
Fill in the blank(s) with correct word
posterior
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Miguez Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 2.3liters$7.00per liter$16.10 Direct labor 0.7hours$22.00per hour$15.40 Variable overhead 0.7hours$2.00per hour$1.40 The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed
when the materials are purchased.The variable overhead efficiency variance for September is: A. $140 U B. $140 F C. $133 U D. $133 F
Which system calculates materials, subassemblies, and components required for end item production?
A. production planner B. master production schedule C. capacity requirements planning D. material requirements planning
Which of the following would be notice of an overdue instrument?
a. Taking a demand instrument after a request for payment is made. b. Taking an instrument one day after the due date. c. Taking a check 91 days after its issue date. d. All of the above illustrate overdue instruments.
Structured query language compiles all of the metadata about the data elements in the data model.
Answer the following statement true (T) or false (F)