Which two measures do an analysis of linear dependency use?
a. The covariance and coefficient of linear correlation
b. The mean and standard deviation
c. The mean and cumulative distribution function
d. The mean and median
a
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McGraw Inc manufactures 12,000 units of a part used in its production to manufacture guitars. The annual production activities related to this part are as follows: Direct materials $24,000 Direct labor 60,000 Variable overhead 54,000 Fixed overhead 84,000 Hill Inc has offered to sell 12,000 units of the same part to McGraw for $22 per unit. If McGraw were to accept the offer, some of the
facilities presently used to manufacture the part could be rented to a third party at an annual rental of $18,000. Moreover, $4 per unit of the fixed overhead applied to the part would be totally eliminated. In the decision to make or buy the part, what is the relevant fixed overhead for McGraw Inc? A) $30,000 B) $54,000 C) $84,000 D) $48,000
Skype is a software application that allows users to make voice and video calls over the Internet 24/7/365.
Answer the following statement true (T) or false (F)
Since retained earnings are viewed as a fully subscribed issue of additional common stock, the cost of retained earnings is ________
A) less than the cost of new common stock equity B) equal to the cost of new common stock equity C) greater than the cost of new common stock equity D) not related to the cost of new common stock equity
The term "professional liability insurance" is also known as "errors and omissions" insurance
Indicate whether the statement is true or false