Your Course Grade Is Based on One Midterm That Counts

question 67

Multiple Choice

Your course grade is based on one midterm that counts as 20% of your final grade, a set of quizzes that counts as 15% of your final grade, a set of homework assignments that counts as 35% of your final grade, and a final exam that counts as 30% of your final grade. Your midterm score is 74, your quiz score is 73, your homework score is 91, and your final exam score is 81. What is your overall final score?

• A)81.9
• B)79.75
• C)81.95
• D)81.85

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Definitions:

Service Department Allocations

The process of distributing indirect costs from service departments to producing departments based on their usage of services.

Service Department Allocations

The process of distributing the costs of service departments to producing or operating departments based on their usage of services.

Service Department Charge Rate

The rate at which internal service departments charge other parts of the same organization for the services rendered.

Accounting Department

The division within a company responsible for managing financial records, ensuring compliance with accounting standards, and producing financial statements.