Answer the Following Questions Using the Information Below:
Kosciuszko Land

question 107

Multiple Choice

Answer the following questions using the information below:
Kosciuszko Land and Snow Company provides the following ABC costing information:
$$\begin{array}{l}\begin{array} { l r c } \text { Activities } & \text { Total Costs } & \text { Activity-cost Drivers } \\\text { Labour hours } & \$ 240000 & 12000 \text { hours } \\\text { Fuel } & \$ 27000 & 9000 \text { litres } \\\text { Invoices } & \$ 30000 & 3750 \text { invoices } \\ { \text { Total costs } } & \$ 1912000 &\end{array}\\\\\text { The above activities used by their three departments are: }\\\\\begin{array} { l c c c } & \text { Lawn Department } & \text { Bush Department } & \text { Ploughing Department } \\\text { Labour hours } & 2500 \text { hours } & 1200 \text { hours } & 4300 \text { hours } \\\text { Fuel } & 1500 \text { litres } & 800 \text { litres } & 3700 \text { litres } \\\text { Invoices } & 1600 \text { invoices } & 400 \text { invoices } & 500 \text { invoices }\end{array}\end{array}$$
-How much of the total costs will be assigned to the Lawn Department?

• A)$29 600
• B)$50 000
• C)$100 000
• D)$67 300

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Definitions:

Regression Analysis

A statistical method used to model and analyze the relationship between a dependent variable and one or more independent variables.

Typing Speeds

A measurement of how many words or characters a person can type in a given time frame, often used to assess keyboard proficiency.

Reading Speeds

The rate at which a person can read text, which can vary based on the complexity of the text and the reader's skill.

Confidence Interval

A set of values based on sample statistics anticipated to include the value of an unknown parameter from the population.