Examlex

Solved

The Following Set Up Is a System of Simultaneous Linear

question 51

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.  Department  Drect Costs  Label  Subassemblies $550,000P1 Final assembly 776,000P2 Marketing 285,000P3 Building occupancy 85,000S1 Research&development 120,000 S2 Supervision 45,000S3\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 S2 (research and development) is:  A)  S2 = $120,000 + .15S1 + .65S2 + .20S3. B)  S2 = .15S1 + 20S3. C)  S2 = $120,000 + .15S1 + .20S3. D)  S2 = $120,000 + .40S1 + .60S3. The equation for department S2 (research and development) is:


Definitions:

Limiting Resources

Essential resources that are in short supply, thus limiting the growth, abundance, or distribution of an organism or population.

Ecological Significance

The importance of a species, habitat, or ecological process in maintaining ecosystem health, diversity, and function.

Species Richness

A count of the number of different species present in a specific area, reflecting the biodiversity in that region.

South Pacific Islands

The South Pacific Islands are a collection of islands located in the southern Pacific Ocean, known for their diverse cultures, languages, and biologically rich marine and terrestrial ecosystems.

Related Questions