Generalization and specialization are often dictated by ________
A) the goal of the system
B) the programmer
C) business needs
D) the analyst
C
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Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics:Number of units in the job10Total direct labor-hours50Direct materials$920Direct labor cost$1,400The total job cost for Job K818 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $2,320 B. $2,595 C. $1,195 D. $1,675
In a recent survey about appliance ownership, 58.3% of the respondents indicated that they own Maytag appliances, while 23.9% indicated they own both Maytag and GE appliances and 70.7% said they own at least one of the two appliances.Define the events asM = Owning a Maytag applianceG = Owning a GE appliance a.What is the probability that a respondent owns a GE appliance?b.Given that a respondent owns a Maytag appliance, what is the probability that the respondent also owns a GE appliance?c.Are events M and G mutually exclusive? Why or why not? Explain, using probabilities.d.Are the two events M and G independent? Explain, using probabilities.
What will be an ideal response?
Nearly all reporting tasks use secondary data
Indicate whether the statement is true or false
Your annual mortgage payments are $10,000 of which $8,000 represents interest payments, your marginal tax rate is about 30%, and you do not itemize deductions. Home ownership will reduce your tax payments by about how much?
A) zero B) $2,400 C) $3,000 D) $7,000