Answer the Following Questions Using the Information Below:
Comfort Corporation

question 73

Multiple Choice

Answer the following questions using the information below:
Comfort Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost information has been compiled:
$\begin{array}{lrrr}&\text { Number of }&\text { Number of }&\text { Number of } \\\text { Product }&\text { Setups }&\text { Components }&\text { Direct Labor Hours }\\\text { Standard } & 12 & 8 & 255 \\\text { Deluxe } & 28 & 12 & 245 \\\text { Overhead costs } & \$ 52,000 & \$ 78,000 \end{array}$
-Assume a traditional costing system applies the overhead costs based on direct labor hours.What is the total amount of overhead costs assigned to the standard model?

• A) $65,700
• B) $63,600
• C) $66,300
• D) $66,700

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Definitions:

Random Sample

An ensemble of people picked from a bigger collection, where every member stands an equal opportunity to be chosen.

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The average yearly earnings of employees in a particular job, sector, or region.

Confidence Interval

A depot of values, based on statistical sample analysis, envisaged to contain the value of a yet-to-be-discovered population parameter.

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