What Do the Founder Effect and the Bottleneck Effect Have

question 17

Multiple Choice

What do the founder effect and the bottleneck effect have in common?

• A)Both the founder effect and the bottleneck effect result from mutation.
• B)Both the founder effect and the bottleneck effect result from an increase in gene flow.
• C)Both the founder effect and the bottleneck effect are examples of disruptive selection.
• D)Both the founder effect and the bottleneck effect are forms of genetic drift.

Understand the components and preparation of a Direct Labor Budget.

Understand how to budget and control selling and administrative expenses.

Prepare and analyze a manufacturing overhead budget, understanding both variable and fixed components.

Compute budgeted cash disbursements for manufacturing overhead based on direct labor-hours and overhead rates.

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Definitions:

Salvage Value

The calculated end-life value of an asset after its utility period is over.

Double-Declining-Balance Method

An accelerated method of depreciation that doubles the regular depreciation rate, reducing the asset’s book value more quickly in the early years of its life.

Depreciation Expense

Assigning the cost of a material asset over the duration of its usefulness.

Estimated Salvage Value

The projected value of an asset at the end of its useful life, used in calculating depreciation.