15. Mia's office building with a $300,000 value has a rating of 2 with a building classification of A. The contents in the building are valued at $120,000. Using the tables found in the textbook, the total annual premium for fire insurance is A. $1,046.40. B. $1,554. C. $1,064.04. D. $990.00.

16. During inflation, the best method to use in inventory valuation that produces the smallest amount of profit is A. FIFO. B. weighted average. C. specific invoice. D. LIFO.

17. Suppose Department X is 8,000 square feet, Department Y is 5,000 square feet, and Department Z is 6,000 square feet. What's the percent of overhead expense applied to Department Z? (Round your answer to the nearest whole percent.) A. 32% B. 68% C. 26% D. 42%