Use the Information Below to Answer the Following Question(s)

question 66

Multiple Choice

Use the information below to answer the following question(s) .General Media manufactures cassettes and CDs in separate divisions utilizing one plant location.The following data have been prepared for review.
-What is the allocated cost to the two General Media divisions, respectively, if budgeted usage is the base for fixed costs and actual usage is the base for variable costs? (Use dual-rate method.) Assume that the Cassette and CD Divisions used 1,750 and 200 hours, respectively.

• A)$1,050,000; $120,000
• B)$1,787,240; $204,256
• C)$1,465,957; $214,043
• D)$2,000,126; $294,112
• E)$1,787,240; $254,043

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Definitions:

Stock Price

The cost or value of a single share of a company's stock, fluctuating based on supply and demand in the market.

Median

The middle value in a sorted list of numbers.

Mode

The value that appears most frequently in a set of data.

Mean

The average of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.