Consider the Following Argument: "The Philosopher James Rachels Lived in Birmingham

question 3

Multiple Choice

Consider the following argument: "The philosopher James Rachels lived in Birmingham, Alabama. Therefore, the philosopher James Rachels frequently traveled through Atlanta." This argument:

• A) Is sound but not valid because the premise does not give sufficient reason to accept the conclusion.
• B) Is invalid because even if he lived in Birmingham, Rachels might not have traveled through Atlanta.
• C) Is not cogent because the premise is irrelevant to the conclusion.
• D) Is invalid because it does not provide enough reason to believe that Rachels really did live in Birmingham.

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Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead cost incurred during a period and the standard cost that should have been incurred based on the actual activity of the period.

Direct Labor-Hours

A measure of the total hours worked by employees directly involved in manufacturing a product or providing a service.

Overhead Budget

A financial plan estimating the expected indirect costs required to support operational activities within a certain period.

Variable Overhead Costs

Costs that fluctuate with production volume, such as utilities or raw materials.