James Corporation's Controller Has Developed the Cost and Usage Data

question 47

Multiple Choice

James Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Using the above information provided for James Corporation.
-The total standard unit cost is

• A)$99.
• B)$132.
• C)$102.
• D)$46.

---

Definitions:

Outcome Variable

The variable that is the result of an experiment or study, often measured to assess the effect of a treatment.

Two-Way ANOVA

A statistical test used to determine the effect of two nominal predictor variables on a continuous outcome variable, testing for interaction and main effects.

Factorial ANOVA

A statistical test used to determine the effect of two or more independent variables on a dependent variable at the same time, often used to analyze the interaction between factors.

F Statistic

A ratio used in ANOVA tests, comparing the variance between group means to the variance within groups to determine whether group means are significantly different from each other.