What is the reason for pooling costs? Group of answer choices Determining a pool rate for all costs incurred by the same activity reduces the number of cost assignments required. This procedure helps to determine which costs are directly related to production volume. It is a budgeting technique designed to accurately track fixed costs. To shift costs from low-volume to high-volume products.

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach