Base Your Answer Using the Following Version of Modulus 11-Check

question 113

Essay

Base your answer using the following version of Modulus 11-check digit found in Chapter 6.
For a four-digit account number:
1.Multiply each digit separately by the corresponding digit in the sequence: 5,4,3,2.
2.Add results of digit multiplication in Step 1,digit-by-digit.
3.Subtract Step 2 results from the next highest multiple of 11.
4.The Step 3 result is the check digit.
Required: Calculate the check digit for each of the following account numbers:
a.2596
b.7428

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Definitions:

Standard Direct Materials Costs

The expected or budgeted cost for direct materials which are those materials that can be directly associated with the manufacturing of a product.

Actual Costs

This refers to the genuine expenses incurred during the production or execution of a project, as opposed to estimated costs or budgeted amounts.

Unit Price

The cost assigned to a single unit of a product or service, facilitating price comparisons across different quantities.

Direct Labor Variance

The difference between the actual labor costs incurred and the standard labor costs expected for the actual production level, reflecting efficiency and cost control in production.