Chester_E2[1]
.pdf
keyboard_arrow_up
School
Liberty University *
*We aren’t endorsed by this school
Course
601
Subject
Chemistry
Date
Jan 9, 2024
Type
Pages
298
Uploaded by phantomgh1
ch08 Student: 1.
Which of the four types of cost drivers-activity-based, volume-based, structural and executional-are often best related to linear cost estimation methods? A.
Activity-based only. B.
Activity-based and volume-based. C.
Structural and volume-based. D.
Executional and volume-based. E.
Structural and executional. 2.
Which of the following five steps (out of six) of cost estimation is out of order? A.
Step 1: Define the cost object to be estimated. B.
Step 2: Determine the cost driver(s). C.
Step 3: Collect relevant data on the cost of the cost object and the cost driver. D.
Step 4: Evaluate the accuracy of the cost estimate. E.
Step 5: Graph the data. 3.
The identification of cost drivers is perhaps the most important step in developing the cost estimate because: A.
It is the first step in cost estimation. B.
It is the final step in cost estimation. C.
There may be a number of relevant drivers, some not immediately obvious. D.
The other steps are easier to execute. E.
It requires much more time than the other steps. 4.
Technology and complexity issues often lead management to simplify and to: A.
Use linear estimation methods. B.
Use volume-based costing and nonlinear estimation methods. C.
Use volume-based costing methods. D.
Use nonlinear estimation methods. E.
Use activity-based costing and volume-based costing methods. 5.
Data collected on the cost objects and cost drivers for cost estimation must be: A.
Brief and limited. B.
Exhaustive. C.
Concrete. D.
Consistent and accurate. E.
Varied. 6.
The objective of the fourth step in cost estimation, graphing the data, is intended to: A.
Identify unusual patterns. B.
Show data in two dimensions. C.
Enhance the cost estimation process. D.
Allow for subjectivity in cost estimation. 7.
Selection and employment of the correct estimation method is: A.
Easy once the data is gathered. B.
Relatively easy because only two effective methods exist. C.
Dependent on the precision/cost tradeoff for the estimation objectives. D.
Primarily subjective in nature. E.
Difficult because so many effective methods are available.
8.
Regression analysis is better than the high-low method of cost estimation because regression analysis: A.
Is mathematical. B.
Can provide greater precision and reliability. C.
Fits data into a mathematical equation. D.
Takes less time. E.
Is a statistical method. 9.
When there are two or more cost drivers, regression is termed: A.
Simple. B.
Binary. C.
Multiple. D.
Curvilinear. E.
Synergistic. 10.
The independent variable in regression analysis is: A.
The cost to be estimated. B.
The cost driver used to estimate the value of the dependent variable. C.
Hard to define because of its independence. D.
Usually expressed as a range of values. E.
Always a volume-based cost driver. 11.
High-low and regression cost estimation methods are alike in that they both: A.
Have an intercept term and a slope term. B.
Have an intercept term but not a slope term. C.
Have a slope term but not an intercept term. D.
Use all data points. E.
Use only a few selected data points. 12.
A data point that is outside the normal distribution of data is called an "outlier," which is often removed from the data before analysis because it: A.
Leads to inaccurate calculations. B.
Can distort the results of the data analysis. C.
Has an upward bias on the statistical measures in regression. D.
Will always add bias to the results of a high-low analysis. 13.
A variable used in regression analysis that represents the presence or absence of a condition, e.g., seasonality, is called a(n): A.
Random variable. B.
Dummy variable. C.
Constant term variable. D.
Correlating variable. E.
Fixed term variable. 14.
An R-squared value that approaches one (1.0) would indicate: A.
An average degree of explanatory power. B.
A low degree of explanatory power. C.
A high degree of explanatory power. D.
The presence of outliers. E.
The absence of outliers. 15.
Extending the length of a time period in cost estimation will result in: A.
Fewer recording lags or cut-off errors. B.
Confounding data. C.
Increasing the explanatory power of the data. D.
Better results because more data is being used. E.
More recording lags or cut-off errors.
16.
The learning curve in cost estimation is a good example of: A.
Non-linear cost behavior. B.
Machine-intensive production. C.
Simple regression. D.
A random variable. E.
Efficient labor. 17.
Which one of the following cost estimation methods is the most accurate? A.
Regression analysis. B.
Visual fit. C.
Subjective forecasting. D.
The high-low method. 18.
In least squares regression analysis, the cost to be estimated is the: A.
Independent variable. B.
Dependent variable. C.
Cost object D.
Outlier. E.
Dummy variable. 19.
Which one the following is a variable that takes on values of 1, 2, 3, … for each period in sequence?
A.
Dummy variable. B.
Price change index. C.
Trend variable. D.
Dependent variable. E.
Independent variable. Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his maintenance costs. Together, Mr. Felinas and you determined that the single best cost driver for maintenance costs was machine hours. Below are data from the previous fiscal year for maintenance expense and machine hours: 20.
Using the high-low method, unit variable cost is calculated to be: A.
$1.31. B.
$1.59. C.
$1.36. D.
$1.14. E.
$1.20. 21.
Using the high-low method, total monthly fixed cost is calculated to be: A.
$484. B.
$364. C.
$752. D.
$259. E.
$898.
Audio Zone Co. needs to prepare pro forma financial statements for the next fiscal year. To do so, the company must forecast its total overhead cost. The actual machine hours and total overhead cost are presented below for the past six months. 22.
Using the high-low method, unit variable overhead cost is calculated to be: A.
$1.40 B.
$1.50 C.
$1.60 D.
$1.70 E.
$1.80 23.
Using the high-low method, total monthly fixed overhead cost is calculated to be: A.
$2,626. B.
$2,698. C.
$2,512. D.
$2,907. E.
$2,833. Thompson Refrigerators Inc. needs to prepare pro forma financial statements for the next fiscal year. To do so, the company must forecast its total overhead cost. The actual machine hours and total overhead cost are presented below for the past six months. 24.
Using the high-low method, unit variable overhead cost is calculated to be: A.
$1.35. B.
$1.15 C.
$1.40. D.
$1.65. E.
$1.25. 25.
Using the high-low method, total monthly fixed overhead cost is calculated to be: A.
$5,095.10 B.
$5,462.80 C.
$5,661.90 D.
$5,875.30 E.
$5,966.40
Home Remodeling Inc. recently obtained a short-term bank loan from City National Bank. The bank required that certain credit information and pro forma financial statements be maintained through the life of the loan. In order to prepare the pro forma statements, Home Remodeling must forecast total overhead cost. The actual machine hours and overhead cost are presented below for the past six months. 26.
Using the high-low method, unit variable overhead cost is calculated to be: A.
$2.49. B.
$3.40. C.
$2.06. D.
$2.60. E.
$2.00. 27.
Using the high-low method, total monthly fixed overhead cost is calculated to be: A.
$626. B.
$696. C.
$612. D.
$690. E.
$722. 28.
CalcuCo hired Effner & Associates to design a new computer-aided manufacturing facility. The new facility was designed to produce 300 computers per month. The variable costs for each computer are $660 and the fixed costs total $74,700 per month. The average cost per unit, if the facility normally expects to operate at eighty-five percent of capacity, is calculated to be (round to nearest cent): A.
$952.94. B.
$909.00. C.
$936.67. D.
$971.25. E.
$942.47. 29.
Nellibell's Café bakes croissants that are sold to local restaurants and grocery stores in the Columbia, South Carolina area. When 600 croissants are baked, the average cost is $0.70. When 720 croissants are baked, the average cost is $0.65. What is the total cost when 670 croissants are baked? A.
$568. B.
$588. C.
$448. D.
$532. E.
$500. The following costs were for Optimal View Inc., a contact lens manufacturer:
30.
At an output level of 425 lenses, per unit variable cost is calculated to be: A.
$34.29. B.
$48.00. C.
$30.00. D.
$35.56. E.
$40.00. 31.
At an output level of 500 lenses, per unit total cost is projected to be: A.
$45.85. B.
$56.67. C.
$39.45. D.
$50.40. E.
$48.56. MidgettCo.has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs must be determined. The accounting staff suggested that linear regression be employed to derive an equation for maintenance hours and costs. Data regarding the maintenance hours and costs for the last year and the results of the regression analysis are as follows: Average cost per hour ($51,840 ÷ 6,270) = $8.27 (rounded to the nearest cent) r = .99821 r
2 = .99780 32.
Using the high-low method, unit variable cost is calculated to be(round to the nearest cent): A.
$6.83. B.
$8.67. C.
$6.78. D.
$7.88. E.
$6.48. 33.
Using the high-low method, total monthly fixed cost is calculated to be (round to nearest dollar): A.
$757. B.
$687. C.
$756. D.
$733. E.
$717.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
I need help with my homework
arrow_forward
Please answer fast i give you upvote.
arrow_forward
I.
Complete the reaction map below
А.
HO
HO
2
H2/Pt
cold KMNO4
3
Ck
arrow_forward
2
arrow_forward
Uber
Eats
Problem 31 of 32
mCPBA
CH2Cl2
Select to Draw
1. NaCN
2. H₂O
8
Min
Submit
arrow_forward
A. Complete the following reactions.
1.
+
Pre-Lab: Experiment 9
arrow_forward
IV. Fill-in the missing the reactant, reagent, or major product.
1. Hg(OAc), , H2O
2. NABH,
1.
BiologyEnvironmental S
1. OsO4, pyridine
2 NaHSO,, H,O
он
3.
2.
arrow_forward
Balance the following redox reactions, to their simplest form, by supplying the correct coefficients before
each compound for #s 1-15. The unknown coefficients of the compounds should be whole numbers.
Note: The reactions below are not yet balanced.
arrow_forward
17 pts
Bookmarks Window Help
Macmillan Learning
Question 20 of 32 >
tv
Q
$
#4
↑
© Macmillan Learning
57776
0=0
H
achieve.macmillanlearning.com
H-C-OH
reduction
H-C-OH
H₂C-OH
OCT
11
MacBook Pro
29
<6
Reaction B
Ċ
Chapter 6 HW - General, Organic, and Biological Chemistry for Health Sciences - A-
Resources
? Hint
Submit
Select Draw Templates More
Erase
//
C
0 H
G
8*
(
H
0
H
H➡C
OH
| |
A
OH
H₂C
―OH
9
0
Q2Q
arrow_forward
←
Curved arrows are used to illustrate the flow of electrons. Using
the provided starting and product structures, draw the curved
electron-pushing arrows for the following reaction or
mechanistic steps. Be sure to account for all bond-breaking
and bond-making steps.
HH
H
H
HO:
:O:
Select to Add Arrows
H
neutralizing
workun
Li →
Li O
Select to Add Arrows
1
Н
HAIGH
Al.
н
'Н
Li
HO:
:0:
Select to Add Arrows
Li Ⓒ
Li O
H
Li O
I
Select to Add Arrows
I
H HI
|
I
I
I
Problem 39 of 40
Please select a drawing or reagent from the question area
Submit
arrow_forward
Which method works?
a. Step 1: C2H5OH + OH ---> C2H,O + H20,
Step 2. C2H5O+ C2H5OH
b. Step 1: C2H5OН + НаО"
Step 2. C2H5OH2* + C2H5OH --> C2H5(ÕH)*C2H5 + H2O,
Step 3. C2H5(OH)*C2H5 + H2O -
с. Step 1: C2H.ОН + СH6ОН ---> СНо(ОН)"С 2Н5 + ОН,
Step 2: C2H5(ÓH)*C2H5 + H20 --> C2H5OC2H5 + H3O*
--> C2H5OC2H5 + OH
---> C2H5OH2* + H2O,
-> C2H5OC2H5 + H3O*
arrow_forward
Calculus Preface (?)
Brytwave Blackboard
Quizlet
Clutch
E Knowledge Check
Question 9
Black Forest Biologicals, a biotech startup, has a promising Alzheimer's drug candidate Compound SLT-88 entering Phase I trials this year. SLT-88 is the only
product formed by the reaction of two precursor compounds A and B, both of which are quite expensive. The chief medicinal chemist of Black Forest is trying
out different reaction conditions to minimize the cost of manufacturing SLT-88.
In the table below are listed the initial and final amounts of A and B used under two different trial conditions, and also the actual amount of SLT-88 recovered in
each case. Complete the table by calculating the theoretical yield of SLT-88 and the percent yield of SLT-88. Round your amounts to the nearest milligram and
your percentages to the nearest whole percent.
amount of A
amount of B
yield of SLT-88
Trial
initial
final
initial
final
theoretical
actual
1000. mg
0 mg
550. mg
286. mg
999. mg
150. mg
0 mg
1000. mg…
arrow_forward
urgent ... i need just corect option
arrow_forward
Nothing is graded. They’re homework questions that I started.
arrow_forward
I
Part 3 Discussion questions: Please answer in less than 2 paragraphs (20 points)
1. The FDA scientists have published 2 papers on the subject of sunscreen dermal
absorption. What is different between the publications? The editorial page in the journal
JAMA (Journal of American Medication Association) might help you answer this question.
arrow_forward
d.
e.
f.
1. BH3, THF
2. NaOH, H₂O2, H₂O
Br₂
DCM
HBr
-40 °C
arrow_forward
f. g. OCH 3 CO₂H OCH 3 pyruvic acid 1. SOCI22 2.? NaBH4 CH3OH methicillin
(narrow-spectrum, B-lactam antibiotic)? H₂SO4 (cat) C6H8O4 (show structure)
arrow_forward
None
arrow_forward
Kk.404.
arrow_forward
C. Biosensors are considered point-of-care analytical devices that can make diagnoses faster. One of the
most widely used commercially is glucose biosensors (amperometric type). The schematic diagram of
the first-generation glucose biosensor is shown below. Explain the theory behind this biosensor and
how you generate the measurement results.
Glucose biosensors (amperometric type)
D-glucose
ENZYME (OX.)
Oxygen
D-gluconolactone
ENZYME (Red.)
Hydrogen peroxide
Platinum electrode
arrow_forward
Need answers ASAP
arrow_forward
10. CHALLENGE. Calculate AHrxn. N2H4(1) + O2(g) → N2(g) + 2 H₂O(1)
given:
2 NH3(g) + 3 N2O(g) → 4 N2(g) + 3 H2O(D)
N2O(g) + 3 H2(g) → N2H4(D) + H₂O(1)
->>
2 NH3(g) + 12 O2(g) → N2H4(1) + H₂O(1)
H₂(g) + O2(g) → H₂O(n)
AH = -1013 kJ
ΔΗ = -317 kJ
AH = -142.9 kJ
ΔΗ = -285.8 kJ
arrow_forward
I need help! Pls
arrow_forward
gd day. please help me with this one.. this is just a practice for our upcoming finals... please answer directly no need for explanation.
arrow_forward
Draw the alcohol starting material needed to produce the
following alkyl chloride under the conditions shown. Use wedge
and dash bonds to indicate stereochemistry where appropriate.
I
I
I
Draw Alcohol Reactant
SOCI2
pyridine
CI
Please select a drawing or reagent from the question area
arrow_forward
Q19
In order to find bactericidal antibiotics – substances that can selectively kill bacteria without
harming human cells, a combinatorial library was screened in 96 well plates. Which of the five
compounds (I - V) is the most likely to be a bactericidal antibiotic? Choose one answer only.
| || ||| IV v
Bacterial cells and compounds
Bacterial cells only
Human cells and compound
Human cells only
a. V
b. III
c. II
d. I
cell growth
no cell growth
arrow_forward
ANSWER ME!
PLEASE ANSWER ME! DEADLINE TOMORROW PLEASEEEE
A. Identify the acquired charges of each material in the following pairs if they are rubbed together.
1. glass and polyurethane
2. leather and fur
3. sturofoam and rubber
4. polyester and dry hand
arrow_forward
//))/)::):):):):$::$$:$:
arrow_forward
***Resubmitted because answer was blacked out. Please fix this issue. Thank you!
Please see attached photo and answer question in photo, for #8. Thanks!
arrow_forward
1. _________ FeBr3 + ______H2SO4 -----> _____Fe2(SO4)3 + ____HBr
Show Work
arrow_forward
For the following information provided, determine the structure of the compound. The table is set up to also
allow you to identify pieces of the molecule as a way to "show your work" towards the complete molecular
structure.
Info provided
Pieces of molecule or other work
Molecule!
(deg. Unsat?)
Triplet at 2.1 ppm (2H)
Triplet at 2.4 ppm (2H)
Multiplet at 7.2-7.9 ppm (10H)
CH,CI,
Doublet at 1.70 ppm (3H)
Multiplet at 4.32 ppm (1H)
Doublet at 5.85 ppm (1H)
arrow_forward
please answer fast i give upvote
arrow_forward
I need help with my homework
arrow_forward
esc
8.
!
F1
Identify the following reaction types (e.g. condensation, addition, etc.).
dilute NaOH
Ye
Y
OH
CI
ㅎ
F2
# 3
80
F3
S4
$
OH
DOD
F4
%
5
Conc. H₂SO4
F5
MacBook Air
A
6
:
F6
&
7
AA
F7
* 00
8
DII
FB
+ NaCl
9
DD
F9
+ H₂O
)
0
C
4
F10
-
P
F11
+ 11
=
-
F12
arrow_forward
=
O ORGANIC OXIDATION AND REDUCTION
Ranking relative oxidation or reduction for a set organic...
In the table below, rank the molecules in order from least oxidized (1) to most oxidized (4).
Explanation
Molecule
F
Check
Cl
Cl
Li
Cl
Oxidation Rank
(Choose one)
(Choose one)
(Choose one)
(Choose one)
X
Ⓒ2022 McGraw Hill L
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Chemistry
Chemistry
ISBN:9781305957404
Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:Cengage Learning
Chemistry
Chemistry
ISBN:9781259911156
Author:Raymond Chang Dr., Jason Overby Professor
Publisher:McGraw-Hill Education
Principles of Instrumental Analysis
Chemistry
ISBN:9781305577213
Author:Douglas A. Skoog, F. James Holler, Stanley R. Crouch
Publisher:Cengage Learning
Organic Chemistry
Chemistry
ISBN:9780078021558
Author:Janice Gorzynski Smith Dr.
Publisher:McGraw-Hill Education
Chemistry: Principles and Reactions
Chemistry
ISBN:9781305079373
Author:William L. Masterton, Cecile N. Hurley
Publisher:Cengage Learning
Elementary Principles of Chemical Processes, Bind...
Chemistry
ISBN:9781118431221
Author:Richard M. Felder, Ronald W. Rousseau, Lisa G. Bullard
Publisher:WILEY
Related Questions
- IV. Fill-in the missing the reactant, reagent, or major product. 1. Hg(OAc), , H2O 2. NABH, 1. BiologyEnvironmental S 1. OsO4, pyridine 2 NaHSO,, H,O он 3. 2.arrow_forwardBalance the following redox reactions, to their simplest form, by supplying the correct coefficients before each compound for #s 1-15. The unknown coefficients of the compounds should be whole numbers. Note: The reactions below are not yet balanced.arrow_forward17 pts Bookmarks Window Help Macmillan Learning Question 20 of 32 > tv Q $ #4 ↑ © Macmillan Learning 57776 0=0 H achieve.macmillanlearning.com H-C-OH reduction H-C-OH H₂C-OH OCT 11 MacBook Pro 29 <6 Reaction B Ċ Chapter 6 HW - General, Organic, and Biological Chemistry for Health Sciences - A- Resources ? Hint Submit Select Draw Templates More Erase // C 0 H G 8* ( H 0 H H➡C OH | | A OH H₂C ―OH 9 0 Q2Qarrow_forward
- ← Curved arrows are used to illustrate the flow of electrons. Using the provided starting and product structures, draw the curved electron-pushing arrows for the following reaction or mechanistic steps. Be sure to account for all bond-breaking and bond-making steps. HH H H HO: :O: Select to Add Arrows H neutralizing workun Li → Li O Select to Add Arrows 1 Н HAIGH Al. н 'Н Li HO: :0: Select to Add Arrows Li Ⓒ Li O H Li O I Select to Add Arrows I H HI | I I I Problem 39 of 40 Please select a drawing or reagent from the question area Submitarrow_forwardWhich method works? a. Step 1: C2H5OH + OH ---> C2H,O + H20, Step 2. C2H5O+ C2H5OH b. Step 1: C2H5OН + НаО" Step 2. C2H5OH2* + C2H5OH --> C2H5(ÕH)*C2H5 + H2O, Step 3. C2H5(OH)*C2H5 + H2O - с. Step 1: C2H.ОН + СH6ОН ---> СНо(ОН)"С 2Н5 + ОН, Step 2: C2H5(ÓH)*C2H5 + H20 --> C2H5OC2H5 + H3O* --> C2H5OC2H5 + OH ---> C2H5OH2* + H2O, -> C2H5OC2H5 + H3O*arrow_forwardCalculus Preface (?) Brytwave Blackboard Quizlet Clutch E Knowledge Check Question 9 Black Forest Biologicals, a biotech startup, has a promising Alzheimer's drug candidate Compound SLT-88 entering Phase I trials this year. SLT-88 is the only product formed by the reaction of two precursor compounds A and B, both of which are quite expensive. The chief medicinal chemist of Black Forest is trying out different reaction conditions to minimize the cost of manufacturing SLT-88. In the table below are listed the initial and final amounts of A and B used under two different trial conditions, and also the actual amount of SLT-88 recovered in each case. Complete the table by calculating the theoretical yield of SLT-88 and the percent yield of SLT-88. Round your amounts to the nearest milligram and your percentages to the nearest whole percent. amount of A amount of B yield of SLT-88 Trial initial final initial final theoretical actual 1000. mg 0 mg 550. mg 286. mg 999. mg 150. mg 0 mg 1000. mg…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- ChemistryChemistryISBN:9781305957404Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCostePublisher:Cengage LearningChemistryChemistryISBN:9781259911156Author:Raymond Chang Dr., Jason Overby ProfessorPublisher:McGraw-Hill EducationPrinciples of Instrumental AnalysisChemistryISBN:9781305577213Author:Douglas A. Skoog, F. James Holler, Stanley R. CrouchPublisher:Cengage Learning
- Organic ChemistryChemistryISBN:9780078021558Author:Janice Gorzynski Smith Dr.Publisher:McGraw-Hill EducationChemistry: Principles and ReactionsChemistryISBN:9781305079373Author:William L. Masterton, Cecile N. HurleyPublisher:Cengage LearningElementary Principles of Chemical Processes, Bind...ChemistryISBN:9781118431221Author:Richard M. Felder, Ronald W. Rousseau, Lisa G. BullardPublisher:WILEY
Chemistry
Chemistry
ISBN:9781305957404
Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:Cengage Learning
Chemistry
Chemistry
ISBN:9781259911156
Author:Raymond Chang Dr., Jason Overby Professor
Publisher:McGraw-Hill Education
Principles of Instrumental Analysis
Chemistry
ISBN:9781305577213
Author:Douglas A. Skoog, F. James Holler, Stanley R. Crouch
Publisher:Cengage Learning
Organic Chemistry
Chemistry
ISBN:9780078021558
Author:Janice Gorzynski Smith Dr.
Publisher:McGraw-Hill Education
Chemistry: Principles and Reactions
Chemistry
ISBN:9781305079373
Author:William L. Masterton, Cecile N. Hurley
Publisher:Cengage Learning
Elementary Principles of Chemical Processes, Bind...
Chemistry
ISBN:9781118431221
Author:Richard M. Felder, Ronald W. Rousseau, Lisa G. Bullard
Publisher:WILEY