The Table Below Shows How Total Donations, Average Donations, Total

question 64

Multiple Choice

The table below shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of employees State U hires for its fundraising activities. $$\begin{array} { | c | c | c | c | c | } \hline \begin{array} { c } \text { Number of } \\\text { Employees }\end{array} & \begin{array} { c } \text { Total } \\\text { Donations }\end{array} & \begin{array} { c } \text { Average } \\\text { Donations }\end{array} & \begin{array} { c } \text { Total } \\\text { Labor Costs }\end{array} & \begin{array} { c } \text { Average } \\\text { Labor Costs }\end{array} \\\hline 1 & \$ 30,000 & & & \$ 8,000 \\\hline 2 & \$ 42,426 & & \$ 17,000 & \\\hline 3 & & \$ 17,321 & \$ 27,000 & \\\hline 4 & \$ 60,000 & & & \$ 9,500 \\\hline 5 & & \$ 13,416 & \$ 50,000 & \\\hline\end{array}$$ The total value of donations raised by three employees is:

• A)$43,899.
• B)$45,000.
• C)$48,911.
• D)$51,963.

Understand the financial implications of outsourcing components versus in-house production.

Analyze the impact of discontinuing a product or department on a company's overall net operating income.

Evaluate the profitability of accepting special orders.

Assess the financial outcomes of eliminating a division or department.

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Definitions:

Behavioral Prediction

The degree to which a judgment or measurement can predict the behavior of the person in question.

Internal Consistency

A measure of how well the items on a test measure the same construct or concept, indicating the reliability of the scale.

Predictive Validity

The degree to which one measure can be used to predict another.

Reputation

The public perception or the general opinion about a person, organization, or thing, based on their actions, character, or achievements.