Marks Corporation Has Two Operating Departments,Drilling and Grinding,and an Office

question 56

Multiple Choice

Marks Corporation has two operating departments,Drilling and Grinding,and an office.The three categories of office expenses are allocated to the two departments using different allocation bases.The following information is available for the current period: The amount of the total office expenses that should be allocated to Grinding for the current period is:

• A)$35,750.
• B)$45,000.
• C)$54,250.
• D)$90,000.
• E)$600,000.

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Definitions:

Slope

The slope represents the rate of change between two variables on a graph, indicating how much one variable changes for a unit change in another variable.

Criterion Variable

The dependent variable in a study that is predicted or explained by the independent variable(s).

Predictor Variable

An independent variable in statistical models that is used to predict or explain changes in the dependent variable (response variable).

Nominal Variable

A nominal variable is a type of categorical variable for which there is no natural ordering among the categories.