In a simple regression analysis (where Y is a dependent and X an independent variable), if the Y intercept is positive, then
a. there is a positive correlation between X and Y
b. if X is increased, Y must also increase
c. if Y is increased, X must also increase
d. None of these alternatives is correct.
D
Business
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Iglesias, Inc completed Job 12 on November 30
The details of Job 12 are given below: Direct labor cost $890 Direct materials cost $1,100 Machine hours 8 hours Direct labor hours 21 hours Predetermined overhead allocation rate $60 per machine hour What is the total cost of Job 12? A) $2,470 B) $1,990 C) $1,370 D) $1,580
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Successful business objectives can be expressed by the mnemonic ________
A) S.M.A.R.T. B) R.O.M.I. C) B.C.G. D) S.W.O.T. E) P.P.P.P.
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