Using the Data Set Below, Answer the Questions That Follow

question 6

Multiple Choice

Using the data set below, answer the questions that follow.

-What is the median?

• A) 69
• B) 76
• C) 26
• D) 67

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Definitions:

Direct Labor

The labor directly involved in the manufacturing of a product, which can be easily traced back to that product.

Fixed Overhead

Refers to the static expenses that occur regardless of the level of production or business activity, such as rent, salaries, and insurance.

Direct Labor

The labor costs directly tied to the production of goods or services, including wages for workers who physically manufacture a product.

Raw Material

Fundamental materials in their original, altered, or partially processed forms that serve as inputs for manufacturing.