Variable Cost Per Labor-Hour Is $0

question 136

Multiple Choice

Variable cost per labor-hour is $0.82 Fixed cost is $18,500. Machine hours during the period are 90. Calculate the total cost for 360 labor hours.

• A) $18,574
• B) $18,795
• C) $18,869
• D) $369

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Definitions:

Factor Analysis

A statistical method used to identify underlying relationships among various variables by reducing data complexity.

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A measure of one's ability to perform well in academic settings, often assessed through standardized tests.

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The theory that cognitive abilities have a general factor (g) that influences performance on mental tests.