Demand for Microwave Ovens -Consider the Demand for Microwave Ovens Dataset

question 63

Multiple Choice

Demand for Microwave Ovens $$\begin{array} { | l | l | l | l | l | } \hline \begin{array} { l } \text { Demand } \\\text { for } \\\text { Microwave } \\\text { Orens }\end{array} & \begin{array} { l } \text { Frequency } \\\text { of } \\\text { Dccumrence } \\\text { in Days }\end{array} & \text { Probability } & \begin{array} { l } \text { Cumulative } \\\text { Frobability }\end{array} & \begin{array} { l } \text { Random } \\\text { Number } \\\text { Inferval }\end{array} \\\hline 0 & 20 & 10.00 \% & 10.00 \% & 0 \text { to } 9 \\\hline 1 & 40 & 20.00 \% & 30.00 \% & 10 \text { to } 29 \\\hline 2 & 70 & 35.00 \% & 65.00 \% & 30 \text { to } 64 \\\hline 3 & 50 & 25.00 \% & 90.00 \% & 65 \text { to } 89 \\\hline 4 & 10 & 5.00 \% & 95.00 \% & 90 \text { to } 94 \\\hline 5 & 10 & 5.00 \% & 100.00 \% & 95 \text { to } 99 \\\hline\end{array}$$
-Consider the Demand for Microwave Ovens dataset.What is the total demand corresponding to random numbers 59,8,60,10,80,and 31?

• A)8
• B)9
• C)10
• D)11

Understand the concept of predetermined overhead rate based on activity at capacity.

Calculate the amount of manufacturing overhead charged to a specific job when a predetermined overhead rate is used.

Determine the cost of unused capacity and its effect on the income statement.

Apply the predetermined overhead rate to various scenarios to identify the manufacturing overhead applied.

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Definitions:

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A Spanish painter who was one of the leading artists in the court of King Philip IV and is known for his portraits and use of light.