Use the Following Information to Answer the Questions
Your $\quad$

question 51

Multiple Choice

Use the following information to answer the Questions
Your fly fishing club is attempting to decide where to go for the next day trip. The choices are Alder River (A) , Boulder Pond (B) , or Collie Creek (C) . The preference rankings of the members are shown below. $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Number of members }$

$\begin{array} { l c c c c } & 6 & 12 & 15 & 11 \\\text { First choice } & \mathrm { A } & \mathrm { C } & \mathrm { B } & \mathrm { A } \\\text { Second choice } & \mathrm { B } & \mathrm { B } & \mathrm { A } & \mathrm { C } \\\text { Third choice } & \mathrm { C } & \mathrm { A } & \mathrm { C } & \mathrm { B }\end{array}$
-Which location will be chosen if plurality-runoff voting is used?

• A) Alder River
• B) Boulder Pond
• C) Collie Creek
• D) No winner can be chosen.

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Definitions:

Overhead Assigned

The process of allocating indirect costs to specific cost objects, such as products, services, or departments.

Direct Labor-Hours

Direct labor-hours represent the total hours worked by employees directly involved in the manufacturing process, serving as a basis for allocating labor costs to products.

Traditional Costing

An accounting method that allocates manufacturing overhead based on the volume of a cost driver, such as the amount of labor or materials used.

Overhead Applied

The portion of overhead costs allocated to individual product units or service engagements based on a predetermined rate.