1. The correlation coefficient between a predictor variable and a dependent variable is .85

This indicates:

a. Unable to answer with the given information

b. The variables have a weak negative correlation

c. The variables have a strong negative correlation

d. The variables have a strong positive correlation

1. Underapplied overhead is when:

a. MOH has more credits than debits

b. Inventory is not affected

c. MOH Control account has a higher balance than the MOH Applied account

d. Inventory is overcosted