The Linear Equation Y = 82

question 187

Multiple Choice

The linear equation y = 82.67x = 1181 provides an approximation of the va;ue (in dollars) of an account opend on january 1, 2010, in the amount of $1181 and earning 7% simple interest, where x = 0 represents january 1, 2010, x=1 represents january 1, 2011, x=2 represents january 1, 2012. and so on. Write an equation that yields the same y-values when the exact year number is entered.

• A) y= 82.67(x - 2011) + 1181
• B) y= 82.67(2011 - x) + 1181
• C) y= 82.67(2010 - x) + 1181
• D) y= 82.67(x- 2010) + 1181

---

Definitions:

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual units of production, based on estimated costs rather than actual costs.

Volume Variance

A measurement of the difference between the actual production volume and the expected (or budgeted) production volume, affecting the costs incurred.

Variable Component

A cost associated with the production of goods or services that varies with the level of output or sales.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to apply manufacturing overhead costs to products by estimating fixed and variable manufacturing overhead costs for the coming period.