The following budget data are available for sharp company: estimated direct labor hours 12,000 estimated direct labor dollars $90,000 estimated factory overhead costs $180,000 actual direct labor hours 11,500 actual direct labor dollars $92,000 actual factory overhead costs $181,000 if factory overhead is applied based on direct labor hours, the amount of overhead to be applied is

a.) $181,000b.) $172,500c.) $180,000d.) $184,000

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year