Instruction 14-1
the Number of Cases of Chardonnay Wine Sold

question 77

Multiple Choice

Instruction 14-1
The number of cases of chardonnay wine sold by a Barossa Valley Winery in an eight-year period follows.
$$\begin{array} { c c } \text { Year } &\text { Coses of }\\& \text { Wine } \\\hline 1991 &270\\1992 & 356 \\1993 & 398 \\1994 & 456 \\1995 & 438 \\1996 & 478 \\1997 & 460 \\1998 & 480\end{array}$$
-Referring to Instruction 14-1,does there appear to be a relationship between year and the number of cases of wine sold?

• A) No, there appears to be no relationship between the year and the number of cases of wine sold by the vintner.
• B) Yes, there appears to be a negative nonlinear relationship between the year and the number of cases of wine sold by the vintner.
• C) Yes, there appears to be a slight negative linear relationship between the year and the number of cases of wine sold by the vintner.
• D) Yes, there appears to be a slight positive relationship between the year and the number of cases of wine sold by the vintner.

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Definitions:

Allocated

Refers to the distribution or assignment of costs or resources to different accounts, projects, or periods.

Cost of Goods Sold

The total direct costs attributable to the production of the goods sold by a company, including materials and labor.

Indirect Expenses

Costs not directly tied to a product or service, like utilities and rent.

Departments

Departments refer to distinct areas or divisions within a business or organization, each handling specific tasks or responsibilities.