The first unit produced in a process takes 480 hours. As the number of units produced doubles, production time decreases by 18%. Using the arithmetic approach, calculate the production time for the fourth unit.
a. 217 hours
b. 323 hours
c. 178 hours
d. 256 hours
b. 323 hours
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________ allow for the statistical control and analysis of external variables
A) Quasi-experimental designs B) True experimental designs C) Statistical designs D) Preexperimental designs
Preference data order the brands or stimuli in terms of respondents' preference for some property
Indicate whether the statement is true or false
Chhom, Inc., manufactures and sells two products: Product F9 and Product U4. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected ProductionDirect Labor-Hours Per UnitTotal Direct Labor-HoursProduct F93006.01,800Product U46003.01,800Total direct labor-hours 3,600The direct labor rate is $27.80 per DLH. The direct materials cost per unit is $271.90 for Product F9 and $272.20 for Product U4.The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct F9Product
U4TotalLabor-relatedDLHs$38,9881,8001,8003,600Production ordersorders 61,9104006001,000Order sizeMHs 126,1503,8003,7007,500 $2 27,048 If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product U4 would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $189.21 per unit B. $50.46 per unit C. $185.73 per unit D. $32.49 per unit
Which of the following statements is not true?
a. Performance reports should be tailored to the responsibilities of the manager or department for which they are prepared. b. Performance reports normally report standard costs and variances. c. Performance reports should contain space for explanation of variances. d. Performance reports do not present the causes of variances.