SCENARIO 16-5 the Number of Passengers Arriving at San Francisco on the on the Amtrak

question 50

Short Answer

SCENARIO 16-5
The number of passengers arriving at San Francisco on the Amtrak cross-country express on 6 successive Mondays were: 60,72,96,84,36,and 48.
-Referring to Scenario 16-5,the number of arrivals will be exponentially smoothed with a smoothing constant of 0.25.The smoothed value for the second Monday will be .

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Definitions:

Variable Overhead

Costs that vary with the level of production output, such as utilities and commissions.

Materials Price Variance

The difference between the actual cost of materials and the standard cost, multiplied by the actual quantity of materials used.

Variable Manufacturing Overhead

This refers to the manufacturing overhead costs that vary with the level of production, such as utilities or indirect materials.

Materials Price Variance

The variance between the standard cost and the actual expense of materials, factored by the number of materials acquired.