A system has three major parts with reliabilities of 0.68, 0.68, and 0.57. In order to improve the reliability, each component has a backup each with a reliability of 0.98. Compute and indicate the composite reliability of the system.

A. 0.979
B. 0.872
C. 0.831
D. 0.731


A. 0.979

Business

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Kluber, Inc. had net income of $900,000 based on variable costing. Beginning and ending inventories were 55,000 units and 52,000 units, respectively. Assume the fixed overhead per unit was $1.25 for both the beginning and ending inventory. What is net income under absorption costing?

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Business