Answer the Following Questions Using the Information Below:
Gold Coast

question 91

Multiple Choice

Answer the following questions using the information below:
Gold Coast Printing has contracts to provide fortnightly advertising supplements to 94 customers.For the year 2018,manufacturing overhead cost estimates total $600 000 for an annual production capacity of 24 million pages.
For 2018,Gold Coast Printing decided to evaluate the use of additional cost pools.After analysing manufacturing overhead costs,it was determined that number of design changes,set-ups and inspections are the primary manufacturing overhead cost drivers.The following information was gathered during the analysis:
$\begin{array} { l r c } \text { Cost Pool } & \text { Manufacturing Overhead Costs } & \text { Activity Level } \\ \text { Design changes } & \$ 80000 & 200 \text { design changes } \\ \text { Set-ups } & 400000 & 4000 \text { set-1ps } \\ \text { Inspections } & 120000 & 16000 \text { inspections } \\ \text { Total manufacturing overhead costs } & \$ 600000 & \end{array}$

During 2018, two customers, Wealth Managers and Health Systems, are expected to use the following printing services:

$\begin{array} { l c c } \text { Activity } & \text { Wealth Managers } & \text { Health Systems } \\ \text { Pages } & 60000 & 76000 \\ \text { Design changes } & 10 & 2 \\ \text { Set-ups } & 20 & 10 \\ \text { Inspections } & 30 & 38 \end{array}$
-When costs are assigned using the single cost driver,number of pages printed,then Health Systems:

• A)will likely seek to do business with competitors.
• B)is fairly billed because resources are allocated uniformly to all jobs.
• C)will contribute too little to profits and Gold Coast Printing will not want to accept additional work from the company.
• D)is grossly under-billed for the job,while other jobs will be unfairly over-billed.

Interpret the characteristics of a normal distribution and its relevance in statistical analysis.

Identify the implications of positive and negative correlations in data sets.

Understand variables within research studies and their impact on outcomes.

Understand how to assess statistical significance in observed differences between groups.

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Definitions:

General Dysfunctions

Broad impairments in system functioning, which can be biological, social, or psychological in nature.

Social Behaviors

The actions and reactions of individuals or groups in response to external stimuli, influenced by society and norms.

Trait Theory

A perspective in psychology that classifies and analyzes the structure of personality by measuring, identifying, and comparing behavioral patterns and characteristics.

Humanistic Theory

Humanistic theory is a psychological perspective that emphasizes the study of the whole person, looking at human behavior not only through the eyes of the observer but also through the eyes of the individual experiencing it.