Continuing Ultimate U-Bolts Above. Which Is True

question 12

Multiple Choice

Continuing Ultimate U-bolts above. Which is true?

• A)The workers were efficient because UU saved $825 overall
• B)The workers were efficient because they used 210 fewer hours than allowed
• C)The direct labor efficiency variance is $3,780 U
• D)The direct labor efficiency variance cannot be calculated from the information provided
• E)None of the above

Understand how to use F tables to find F values for different degrees of freedom and significance levels.

Grasp the concepts of the mean, variance, and standard deviation in various distributions.

Learn how to use t-tables to find t values for different degrees of freedom and significance levels.

Recognize the characteristics of F and t distributions, including their shapes.

---

Definitions:

Support Department Cost

Support department cost refers to the expenses associated with departments that provide essential services or support to production departments but do not directly engage in the production process.

Investment Turnover

A measure of a company's efficiency in using its assets to generate sales or revenue; the ratio of net sales to average invested assets.

Minimum Return on Investment

The lowest acceptable rate of return on an investment, below which an investment is deemed unattractive.

Return on Investment

A financial ratio used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.