Owners Are Asked to Evaluate Their Experiences in Buying a New

question 3

Multiple Choice

Owners are asked to evaluate their experiences in buying a new car during the past twelve months.When surveys were analyzed the owners indicated they were most satisfied with their experiences at the following three dealers (in no particular order) : Saturn,Honda,and Buick. When ranking the dealers how many outcomes are possible?

• A)6
• B)9
• C)8
• D)10
• E)12

---

Definitions:

Denominator Activity

The level of activity used to allocate fixed costs in a costing system.

Standard Machine-Hours

A metric used to estimate the amount of machine time required for or used during production based on standard rates.

National Distribution

refers to the marketing and transportation of goods across an entire country, ensuring product availability on a nation-wide scale.

Labour Rate Variance

The difference between the actual cost of labor and the expected cost, based on standard rates and actual hours worked.