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Canfield Technical School Allocates Administrative Costs to Its Respective Departments

question 129

Multiple Choice

Canfield Technical School allocates administrative costs to its respective departments based on the number of students enrolled, while maintenance and utilities are allocated per square feet of the classrooms. Based on the information below, what is the total amount of administrative cost to the Accounting Department (rounded to the nearest dollar) if administrative costs for the school were $50,000, maintenance fees were $12,000, and utilities were $6,000? Canfield Technical School allocates administrative costs to its respective departments based on the number of students enrolled, while maintenance and utilities are allocated per square feet of the classrooms. Based on the information below, what is the total amount of administrative cost to the Accounting Department (rounded to the nearest dollar)  if administrative costs for the school were $50,000, maintenance fees were $12,000, and utilities were $6,000?   A)  $8,929. B)  $17,000. C)  $18,500. D)  $22,667. E)  $11,111.


Definitions:

Fuzzy Trace Theory

States that memory is best understood by considering two types of memory representations: (1) verbatim memory trace; and (2) fuzzy trace, or gist. According to this theory, older children’s better memory is attributed to the fuzzy traces created by extracting the gist of information.

Verbatim Memory Trace

The detailed and precise recall of exact details, such as words or images, from memory.

Grist

Material or ideas ready to be used or turned into something valuable.

Three-dimensional

Pertaining to or having length, width, and depth.

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