Calculate the lower and upper limits of the 95% confidence interval for a sample of N = 28 with a mean 
= 16.39 and standard error of the mean 
= .91.
Definitions:
Activity-Based Costing
A costing method that assigns overhead and indirect costs to specific activities related to production.
Production Orders
Instructions or commands produced to initiate the manufacture of a specific quantity of goods at a specified time.
Activity-Based Costing
A costing method that allocates overhead and indirect costs to specific activities, providing more accurate product costing.
Direct Labor Rate
The cost of the work done by those employees who directly manufacture the products, usually measured per hour.
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