Yankees Company Had the Following Information $\text { Budgeted cost-driver activity levels: }$

question 27

Multiple Choice

Yankees Company had the following information: $\begin{array}{ll}\text { Budgeted variable factory overhead } & \$ 66,000 \\\text { Budgeted fixed factory overhead } & \$ 46,500 \\& \\\text { Actual variable factory overhead } & \$ 67,500 \\\text { Actual fixed factory overhead } & \$ 52,500\end{array}$
$\text { Budgeted cost-driver activity levels: }$
$\begin{array}{lr}\text { Direct-labor hours } & 30,000 \\\text { Direct-labor costs } & \$ 150,000 \\\text { Machine hours } & 60,000 \\\text { Production setups } & 15,000\end{array}$
$\text { Actual cost-driver activity levels: }$
$\begin{array}{lr}\text { Direct-labor hours } & 31,500 \\\text { Direct-labor costs } & \$ 165,600 \\\text { Machine hours } & 56,190 \\\text { Production setups } & 14,280\end{array}$ The budgeted factory-overhead rate using production setups as the cost driver is _____.

• A)$7.88
• B)$8.00
• C)$7.50
• D)$8.40

Recognize calculations errors specifically with variance and standard deviation.

Understand the effect of outliers on statistical measurements.

Differentiate between the types of data distributions, including symmetrical, bimodal, and skewed distributions.

Calculate and interpret range and its implications on data spread.

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Definitions:

Alcatraz Island

An island located in San Francisco Bay, historically used as a military fortification, a military prison, and a federal prison until 1963, later becoming the site of Native American activism.

Indian Education

Pertains to the education system and policies in India, or alternatively, the educational approaches and schools focused on Native American histories, cultures, and values in the United States.

Republican

A member or supporter of the Republican Party, one of the two major political parties in the United States, traditionally emphasizing limited government and free-market principles.

Racial-ethnic Groups

Communities of people who share common ancestry, cultural traditions, language, or racial characteristics.