Rick Has Created the Chart Above Outlining the Information He

question 37

Multiple Choice

Rick has created the chart above outlining the information he has on producing toy trains. He will create a two-dimensional chart to visualize the information. Please refer to the chart above as you answer the questions below.
-Rick now needs to determine the required finished time. The correct mathematical model is ____.

• A) Required finishing time = (0.20 x (Model I quantity)) + (0.50 x (Model II quantity))
• B) Required finishing time = (0.20 x (Model I quantity)) x (0.50 x (Model II quantity))
• C) Required finishing time = (0.20 x (Model I quantity)) - (0.50 x (Model II quantity))
• D) Required finishing time = (0.20 + 0.50) x (Model I quantity + Model II quantity)

---

Definitions:

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but not full control.

Amortization

The process of gradually writing off the initial cost of an intangible asset over its useful life.

Acquisition Differential

The gap between the acquisition cost of a company and the fair value of its clearly identifiable net assets.

Impairment

A decrease in the recoverable value of an asset below its carrying amount, leading to an adjustment in the value recorded on financial statements.