The Saskatoon Company Manufactures Motorcycles -Refer to the Figure

question 190

Multiple Choice

The Saskatoon Company manufactures motorcycles. The company's management accountant wants to calculate the fixed and variable costs associated with utility cost incurred by the factory. Data for the past five months were collected. $\begin{array}{lrr}& \text { Utility } & \text { Machine } \\\text { Month } &\text { cost }&\text { hours }\\\text { March } & \$ 30,255 & 2,200 \\\text { April } & 32,750 & 2,525 \\\text { May } & 34,712 & 2,710 \\\text { June } & 31,850 & 2,410 \\\text { July } & 30,720 & 2,290\end{array}$
-Refer to the Figure.When using a linear regression program,what is the forecasted utility cost at 4,000 machine hours (rounded to the nearest dollar) ?

• A)$10,631
• B)$28,288
• C)$37,116
• D)$45,945

Identify the scenarios where individuals might make decisions that are not economically optimal due to irrational behaviors or misperceptions.

Understand the developmental stages of children's cognition and memory.

Identify the appearance-reality distinction and its onset in childhood development.

Recognize the impact of television and advertisements on children.

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Definitions:

Drawer

In financial contexts, the person who writes or issues a check or draft instructing a bank to pay a specified amount of money to a named party.

Drawee

The party upon whom a cheque, draft, or other negotiable instrument is drawn and who is responsible for its payment.

Maker

In financial terms, the party that promises to pay a certain amount of money in a promissory note or check.

Signature Liability

The legal responsibility that comes from the act of signing a document, indicating agreement or consent to its terms and conditions.