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Question #1
a) List and describe four potential problems with a “traditional” overhead allocation system.
b) List and describe four “red flags” that may indicate you should consider revising your overhead allocation system.

Question #2
a) Describe the differences between unit-related, batch-related, and product-sustaining activities. Give one example of each type of activity.
b) Describe the difference between transaction drivers and duration drivers. When would one type be preferred over the other?

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1. What is your research question?

2. What is your hypothesis (both null and alternate)?

3. Is this a qualitative or quantitative design and why?

4. Is this a descriptive, correlational, or experimental design and why?

5. What would be an example of a variable for this study that could be measured on a nominal scale? Ordinal scale? Interval scale? Ratio scale?

6. Once you have collected your data, would you use inferential or descriptive statistics and why?

7. Create a sample frequency distribution for one of the variables. Choose either a simple or grouped frequency distribution and explain your choice.

Nutritionist

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1. A nutritionist is designing a new breakfast cereal using wheat germ and enriched oat flour as the basic ingredients. The table below shows the nutritional information and costs per ounce. The nutritionist wants each serving of the cereal to have at least 7 milligrams of niacin, 9 milligrams of iron, and 1 milligram of thiamin. How many ounces of wheat germ and how many ounces of enriched oat flour should be used in each serving to meet the nutritional requirements at the least cost?

Wheat Germ Oat Flour
Niacin 2 mg 3 mg
Iron 3 mg 3 mg
Thiamin .5 mg .25 mg
Cost $0.06 $0.08