SCENARIO 17-7
The output below shows the results of cluster analysis on the different regions of the world (North
America, Asia Pacific, Western Europe, Central & Eastern Europe, Latin America, and Middle East
& Africa)based on the amounts (in billions of US dollars)and the percentage changes from prior
year of business-to-consumer ecommerce sales last year.
17-24 Business Analytics 
-True or False: Referring to Scenario 17-7, Middle East & Africa is the next region that clusters
with the Central & Eastern Europe and Latin America cluster.
Definitions:
Activity-Based Costing
An accounting method that assigns costs to products or services based on the activities and resources that go into producing them.
Overapplied
A situation where the allocated costs exceed the actual costs incurred.
Underapplied
Refers to a situation where the allocated costs are less than the actual costs incurred.
Factory Overhead
The indirect costs of manufacturing, such as salaries of quality control personnel and depreciation of factory equipment.
Q25: Referring to Scenario 19-5, the process seems
Q42: Referring to Scenario 18-10 Model 1, the
Q96: Referring to Scenario 15-6, what is the
Q112: Referring to Scenario 18-8, there is sufficient
Q146: Referring to Scenario 14-18, what is the
Q160: Referring to Scenario 16-5, the number of
Q170: Referring to Scenario 14-19, what is the
Q219: Referring to Scenario 18-9, there is enough
Q236: Referring to Scenario 18-9, which of the
Q316: Referring to Scenario 18-9, what is the