Answer the Following Questions Using the Information Below:
the Charmatz

question 17

Multiple Choice

Answer the following questions using the information below:
The Charmatz Corporation has a central copying facility. The copying facility has only two users, the Marketing Department and the Operations Department. The following data apply to the coming budget year:
Budgeted costs of operating the copying facility
$\begin{array}{lll}\text { for } 400,000 \text { to } 600,000 \text { copies: }\\\text { Fixed costs per year }&\$60,000\\\text { Variable costs }&3 \text { cents }(.03) \text { per copy }\\\text { Budgeted long-run usage in copies per year: }\\\text { Marketing Department } & 120,000 & \text { copies } \\\text { Operations Department } & 380,000 & \text { copies }\end{array}$ Budgeted amounts are used to calculate the allocation rates.
Actual usage for the year by the Marketing Department was 80,000 copies and by the Operations Department was 360,000 copies.
-If a single-rate cost-allocation method is used,what amount of copying facility costs will be budgeted for the Marketing Department?

• A) $18,000
• B) $3,600
• C) $14,400
• D) $16,800

Comprehend the relationship between full income, taxation, and labor supply.

Analyze how income from various sources affects consumer choices and indifference between income sources.

Evaluate the effects of wage changes on labor-leisure choices and the backward-bending labor supply.

Understand the role of endowments and budget constraints in consumer choices.

---

Definitions:

Exponential Smoothing

A time series forecasting method for univariate data that applies weighted averaging of past observations, where the weights decrease exponentially over time.

Mean Absolute Deviation

The average of the absolute differences between each data value in a set and the mean of the data set, measuring dispersion.

Moving Averages

A mathematical method applied to even out brief variations and emphasize longer-term tendencies within data.

Autoregressive Model

A statistical model for analyzing and forecasting time-series data, where future values are predicted based on past values of the variable.