A Manager Wants to Predict the Cost (Y)of Travel for Salespeople

question 68

Multiple Choice

A manager wants to predict the cost (y) of travel for salespeople based on the number of days (x) spent on each sales trip.The following model has been developed: y = $400 + 120x.If a trip took 3 days,the predicted cost of the trip is _____________.

• A) 760
• B) 360
• C) 523
• D) 1560
• E) 1080

Distinguish between direct materials, direct labor, and factory overhead costs in a process costing environment.

Transfer costs between departments in a process cost system.

Identify and calculate conversion costs in a manufacturing environment.

Allocate costs to partially completed units and fully completed products.

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