The Following Set Up Is a System of Simultaneous LinearUse of Services by Other Departments Is as Follows

The Answer of The Following Set Up Is a System of Simultaneous LinearUse of Services by Other Departments Is as Follows

The Following Set Up Is a System of Simultaneous LinearUse of Services by Other Departments Is as Follows

The Answer of The Following Set Up Is a System of Simultaneous LinearUse of Services by Other Departments Is as Follows

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The Following Set Up Is a System of Simultaneous Linear

question 90

Multiple Choice

The following set up is a system of simultaneous linear equations to allocate costs using the reciprocal method.Matrix algebra is not required.The following costs were incurred in three operating departments and three service departments in Westmoreland Company. $\begin{array} { | l | r | r | } \hline \text { Department } & \text { Drect Costs } & \text { Label } \\\hline \text { Subassemblies } & \$ 550,000 & \mathrm { P } 1 \\\hline \text { Final assembly } & 776,000 & \mathrm { P } 2 \\\hline \text { Marketing } & 285,000 & \mathrm { P } 3 \\\hline \text { Building occupancy } & 85,000 & S1 \\\hline \text { Research\&development } & 120,000 & \mathrm {~S} 2 \\\hline \text { Supervision } & 45,000 & \mathrm { S3 } \\\hline\end{array}$
Use of services by other departments is as follows.
: $The following set up is a system of simultaneous linear equations to allocate costs using the reciprocal method.Matrix algebra is not required.The following costs were incurred in three operating departments and three service departments in Westmoreland Company. \begin{array} { | l | r | r | } \hline \text { Department } & \text { Drect Costs } & \text { Label } \\ \hline \text { Subassemblies } & \$ 550,000 & \mathrm { P } 1 \\ \hline \text { Final assembly } & 776,000 & \mathrm { P } 2 \\ \hline \text { Marketing } & 285,000 & \mathrm { P } 3 \\ \hline \text { Building occupancy } & 85,000 & S1 \\ \hline \text { Research\&development } & 120,000 & \mathrm {~S} 2 \\ \hline \text { Supervision } & 45,000 & \mathrm { S3 } \\ \hline \end{array} Use of services by other departments is as follows. : The equation for department P1 (subassemblies) is A) P1 = $550,000 + .25P2 + .20P3 + .15S2 + 10S3. B) P1 = $550,000 + .30S1 + .50S2 + .20S3. C) P1 = .30S1 + .50S2 + 20S3. D) P1 = .30S1 + .50S.$ The equation for department P1 (subassemblies) is

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Risk-free Rate

The expected return from an investment that carries no risk of losing money, commonly linked to government bonds.

Exchange Rate

The price at which one currency can be exchanged for another currency.

Uncovered Interest Rate Parity

A condition in which the difference in interest rates between two countries equals the expected change in exchange rates between their currencies, without hedging.

Spot Rate

The current price in the marketplace at which a given asset, such as a currency, commodity, or security, can be bought or sold for immediate delivery.