You Have Entered the Following Information on a Spreadsheet

question 34

Multiple Choice

You have entered the following information on a spreadsheet:
-Refer to the information above. Which of the following commands would you use to calculate the market beta of Stock A?

• A)=intercept(b2:b6,c2:c6)
• B)=covar(b2:b6,c2:c6)
• C)=correlation(b2:b6,c2:c6)
• D)=slope(b2:b6,c2:c6)

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Definitions:

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.

Predetermined Overhead Rate

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