The Merchant Manufacturing Company Has Two Service Departments — Purchasing

question 16

Multiple Choice

The Merchant Manufacturing Company has two service departments — purchasing and maintenance, and two production departments — fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below:The total cost accumulated in the assembly department using the step method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar) :

• A)$104,500.
• B)$109,950.
• C)$124,050.
• D)$130,750.
• E)$136,500.

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Definitions:

Proxy Voting

The process by which a shareholder delegates their voting power to a representative, allowing them to vote at corporate meetings in their absence.

Cumulative Voting

A voting system that allows shareholders to concentrate their vote on one candidate rather than distributing their votes among multiple candidates.

Shareholder Proposal

A formal recommendation or requirement that is submitted to the shareholders for a vote at a company's annual meeting.

Negligent Conduct

Behavior that falls below the standards of care established by law for the protection of others against unreasonable risk of harm.