Use the Information Below to Answer the Following Question(s)

question 251

Multiple Choice

Use the information below to answer the following question(s) .
Tractor Corporation produces toy tractors. The company uses the following direct cost categories:
Actual performance for the company is shown below:
Actual output: 5,000 units
Direct Materials:
Direct Manufacturing Labour:
Direct Marketing Labour:

-What is the rate variance of the direct manufacturing labour, and the direct marketing labour, respectively?

• A) $4,750 favourable; $12,500 favourable
• B) $8,000 favourable; $10,000 favourable
• C) $3,500 unfavourable; $6,750 unfavourable
• D) $4,750 unfavourable; $12,500 unfavourable

Recognize the primary purpose and components of the Onboard Diagnostics II (OBD II) system.

Understand how the OBD II system detects misfires and the significance of different types.

Differentiate between manufacturer-specific and generic DTCs.

Comprehend the concept of fuel trim and its relevance to engine efficiency.

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Definitions:

Support

In data mining and machine learning, it often refers to the frequency or occurrence of certain patterns or relationships within a dataset.

Population Parameter

A numerical value that represents a characteristic of a population, such as its mean or variance.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation.

Assumption

A basic condition or premise considered to be true without verification or proof, often used as a starting point for further analysis.