Assume Tutors-R-Us Allocates Facility Rent, Custodial Services, and Utilities on the Basis

question 24

Multiple Choice

Assume Tutors-R-Us allocates facility rent, custodial services, and utilities on the basis of square feet occupied and computer equipment depreciation on the basis of number of students. Advertising is not allocated. If students received 200 hours of mathematics tutoring in November 20x1, what will the total profit from mathematics tutoring be for the same period?

• A) $10,000
• B) $8,775
• C) $8,488
• D). $488

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Definitions:

Data Quality

The measure of the condition of data based on factors such as accuracy, completeness, reliability, and relevance, impacting its usefulness in decision-making.

Aggregate Planning

A process by which a company determines ideal levels of capacity, production, subcontracting, inventory, and stockouts to meet demand over a specified timeframe, generally medium term.

Linear Programming

A mathematical technique used to achieve the best outcome (such as maximum profit or minimum cost) in a mathematical model whose requirements are represented by linear relationships.

Subcontracting

The practice of assigning or outsourcing parts of the contractual work to third parties, often to leverage specialized skills or achieve cost efficiencies.