Examlex

Solved

Long Island Manufacturing Company Developed the Following Information for Its

question 96

Multiple Choice

Long Island Manufacturing Company developed the following information for its service departments, S1 and S2, and its production departments, P1 and P2: Long Island Manufacturing Company developed the following information for its service departments, S1 and S2, and its production departments, P1 and P2:   -Using the direct method of service department cost allocation,how much is to be allocated from S2 to P2 if calculations are rounded to the nearest dollar? A) $5,720 B) $6,480 C) $8,640 D) $4,430
-Using the direct method of service department cost allocation,how much is to be allocated from S2 to P2 if calculations are rounded to the nearest dollar?


Definitions:

Mean

The mean of a collection of numbers, found by dividing their total sum by the quantity of numbers in the set.

μ

The symbol commonly used to represent the mean or average of a population in statistics.

σ

Represents the standard deviation of a population in statistics, measuring the dispersion of dataset values from the mean.

Normally Distributed

Refers to a probability distribution that is even on both sides of its mean, indicating that values close to the mean happen more often than values far from the mean.

Related Questions