The Armer Company Is Accumulating Data to Be Used in Preparing

question 32

Multiple Choice

The Armer Company is accumulating data to be used in preparing its annual profit plan for the coming year.The cost behavior pattern of the maintenance costs must be determined.The accounting staff has suggested that linear regression be employed to derive an equation in the form of y = a + bx for maintenance costs.Data regarding the maintenance hours and costs for last year and the results of the regression analysis are as follows: (CMA adapted) What is the fixed cost per month using the high-low method to estimate the cost equation?

• A)$570.
• B)$600.
• C)$1,140.
• D)$2,250.

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Definitions:

Genetically Male

Refers to individuals who have XY chromosomes typical of the male sex in humans.

Ambiguous Genitals

A condition present at birth where the external sexual organs are not clearly male or female.

Cognitive Development Theory

The idea that each individual develops a gender identity by actively processing thoughts and feelings about gender.

Role Socialization

The process of learning the norms and behaviors associated with a particular social role within society.