Find the Linear Equation That Is the Straight Line Through $\left( 0 , - \frac { 1 } { 2 } \right)$

question 18

Multiple Choice

Find the linear equation that is the straight line through $\left( 0 , - \frac { 1 } { 2 } \right)$ with slope $\frac { 1 } { 8 }$ .

• A) \(y = \frac { 1 } { 8 } x - \frac { 1 } { 2 }\)
• B) \(y = \frac { 1 } { 8 } x + \frac { 1 } { 2 }\)
• C) \(y = \frac { 1 } { 2 } x - \frac { 1 } { 8 }\)
• D) \(y = \frac { 1 } { 8 } x - 2\)
• E) \(y = \frac { 1 } { 2 } x - 8\)

Comprehend the basis of setting standard costs for manufacturing products.

Acknowledge the limitations of relying exclusively on past cost data for setting standards.

Differentiate between ideal and currently attainable standards.

Recognize the comprehensive scope of standards beyond just direct labor and materials.

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