Which of the following is an example of time series data:

A. loan processing times in each of 26 similar branch offices over the last 12 months

B. indirect labor costs and machine hours in a manufacturer assembly department each month for the last 12 months

C. direct labor hours in the Boston, Massachusetts and the New York City facility for each of the last 12 months

D. store sales for each U.S. base Walmart for each the last 10 year

Jamal Kareem, Rashid and associates are in the process of elevating its new client services for the business consulting division.

• Estate planning, a new service, incurred 190000 in development costs and employee training.
• The direct costs of proving this service which is all labor averages 29 per hour.
• Other costs for this service are estimated at 410000 per year.
• The current program for estate planning is expected to last for two years. At that time, a new law will be in place that will require new operating guidelines for the tax consulting.
• Customer service expenses average 104 per client, with each job lasting an average of 450 hours. The current staff expects to bill 67500 hours to each of the two years the program is in effect. Billing averages 49 per hour.

What is the estimated life cycle operating income for the first two years?

1. 734400
2. 1658800
3. 924400
4. 6615000

Conversion costs are an example of _

1. Indirect engineering costs
2. Unused capacity costs
3. Direct engineered costs
4. Discretionary costs

Which of the following functions represents the least total cost assuming the number of units is equal in each case?

1. Y=90+9X
2. Y=90+5X
3. Y=180+5X
4. Y=180+9X