An automobile manufacturer must decide whether to purchase Brand F or Brand M tires for a new car model. To help arrive at a decision, an experiment was conducted using twelve tires of each brand (nF = nM = 12). The tires were tested until tread depth reached 2/32 inches. The average and standard deviation of tire life (in miles) were calculated for both samples. Assume that tire life is approximately normally distributed. Which statistical test should be used to determine whether the two brands have the same mean tire life?

Our Trends Marketplace event is multi-disciplinary in that it asked you to perform both technical and business tasks. As discussed when we introduced the project, what is the primary purpose of the marketplace event?

Which of the following represents the cost-plus pricing formula? 

The first step in developing a master budget is always the creation of which of the following?

A standard cost: 

VanDelay Frames manufactures hardwood picture frames. They use standard costs to prepare its flexible budget. For the first quarter of 20×8, direct material and direct labor standards for one of their most popular frames were as follows:Materials: 1.5 board feet per unit; $4.00 per board footLabor: 2.0 hours per unit; $18.00 per hourDuring the first quarter, VanDelay produced 5,000 units of this product. At the end of the quarter the company had used 7,000 board feet of materials and the direct materials cost variance was $1,750 U. Which of the following would be a logical explanation for this variance?

Which of the following choices depicts the correct task sequence for target costing?

Which of the following is least likely to be classified as a batch-level activity in an activity-based costing system? 

The accounting records of Stingray Company revealed the following information: Total manufacturing costs $530,000 Work-in-process inventory, 1/1 56,000 Finished-goods inventory, 1/1 146,000 Work-in-process inventory, 12/31 78,000 Finished-goods inventory, 12/31 123,000 Stingray’s cost of goods sold is: 

Dane, Incorporated sells a single product for $16. At a volume level of 5,500 units, variable costs are $6 per unit and fixed costs total $100,000. If fixed costs do not change, Dane’s break-even sales would be: