Port Accounting Performs Two Types of Services, Audit and Tax

question 8

Multiple Choice

Port Accounting performs two types of services, audit and tax.Port's overhead costs consist of computer support, $240,000; and legal support, $120,000.Information on the two services is: $$\begin{array} { l l l } &\underline{ \text { Audit } }&\underline { \text { Tax } } \\\text { Direct labour cost } & \$ 50,000& \$ 100,000 \\\text { CPU minutes } & 40,000 & 10,000 \\\text { Legal hours used } & 200 & 800\end{array}$$ Overhead applied to audit services using ABC is

• A)$120,000.
• B)$144,000.
• C)$216,000.
• D)$240,000.

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Definitions:

Psychologically Healthy

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, work productively, and is able to make contributions to their community.

Correlational Analysis

A statistical method used to assess the strength and direction of the relationship between two or more variables without implying causation.

Q-Sort Responses

A method used in psychology to study people's subjective evaluations of items, usually involving ranking a set of items according to personal perspective.

Zero Correlation

A statistical term indicating no relationship between two variables, meaning changes in one do not predict changes in the other.