Transportation models can be used for which of the following decisions?
A) facility location
B) production mix
C) media selection
D) portfolio selection
E) employee shift scheduling
A
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Kirsten believes her company's overhead costs are driven (affected) by the number of direct labor hours because the production process is very labor intensive. During the period, the company produced 5,000 units of Product A requiring a total of 1,600 labor hours and 2,500 units of Product B requiring a total of 400 labor hours. What allocation rate should be used if the company incurs overhead costs of $20,000?
A. $12.50 per labor hour for Product A and $50 per labor hour for Product B B. $2.67 per unit C. $10 per labor hour D. None of these.
Carla decided to pretest her survey questions to make sure they would be interpreted by the participants in the way she wanted. Carla was concerned with
A. accuracy. B. consistency. C. validity. D. targeting. E. reliability.
Which of the following statements about the basic EOQ model is FALSE?
A) If the setup cost were to decrease, the EOQ would fall. B) If annual demand were to double, the number of orders per year would increase. C) If the ordering cost were to increase, the EOQ would rise. D) If annual demand were to double, the EOQ would also double. E) All of the above statements are true.
Maria pays the following legal and accounting fees during the year:Legal fees in connection with ongoing operations of a trade or business$4,000Legal fees related to purchase of personal residence2,600Legal fees related to tax deficiency related to Schedule A itemized deductions500Tax return preparation fees: Allocable to preparation of Schedule C2,000Tax return preparation fees: Allocable to preparation of remainder of return2,100What is the total amount of her for AGI deduction for these fees?
A. $8,100 B. $11,200 C. $4,000 D. $6,000