A new mechanical aptitude test has been developed which has a maximum possible score of 100 points. This test is administered twice within a 2-week period, with the following results: Tiime 1 Tiime 2

Basha 29 65

Ben 56 91

Flodina 89 32

Miguel 95 62

If these results are typical, this test is:
A. neither reliable nor valid.
B. reliable and valid.
C. reliable, but not valid.
D. unreliable, but may be valid.
E. indeterminate; there is insufficient information to assess the reliability and validity of the test.

The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.

Which are the best examples of costs that should be considered when creating a project budget?

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.