Which of the following equalities is correct?
A) SST = SSR + SSE
B) SSR = SST + SSE
C) SSE = SSR + SST
D) SST = SSC + SSR
E) SSE = Actual Value - Predicted Value
A
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Using the above information provided for Good Sleep, the total fixed overhead variance is
A) $4,500 (U). B) $30,500 (U). C) $5,000 (U). D) $45,000 (U).
Wimble ordered 1,000 pro-quality luminescent orange tennis balls from Sports Unlimited at a cost of $800 . On June 1, Sports Unlimited shipped standard white tennis balls, but Wimble rejected them. Wimble bought the same number of pro-quality luminescent orange balls from another supplier the same day for $650 . In a suit against Sports Unlimited, Wimble may recover $800
a. True b. False Indicate whether the statement is true or false
A regression analysis between sales (Y in $1000 . and advertising (X in dollars) resulted in the following equation = 30,000 + 4 X The above equation implies that an
a. increase of $4 in advertising is associated with an increase of $4,000 in sales b. increase of $1 in advertising is associated with an increase of $4 in sales c. increase of $1 in advertising is associated with an increase of $34,000 in sales d. increase of $1 in advertising is associated with an increase of $4,000 in sales
Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 104 days. This 104 days is spent as follows: Wait time20?daysInspection time17.0?daysProcess time26.0?daysMove time25.0?daysQueue time16.0?daysWhat is Navern's manufacturing cycle efficiency (MCE) for its elevators?
A. 31.0% B. 56.7% C. 41.3% D. 58.7%