Use the Information Below to Answer the Following Questions

question 12

Multiple Choice

Use the information below to answer the following questions.
Fingers Ltd, a graphic design service, has received an inquiry from a potential customer for a quotation for a web-page design. The pricing policy of the business is based on the budgeted financial data for the coming financial year. The data for the coming year are shown below: Other relevant information:
Management has budgeted for 20,000 direct labour hours. Overhead is applied based on direct labour hours. An estimate for the direct costs of the job to be quoted on is shown below:
Direct materials $400
Direct labour (100 hours) $1,500
-Refer to the table above. Total budgeted direct costs for the year are:

• A) $345,000
• B) $300,000
• C) $340,000
• D) $375,000

Explain the role of weathering, erosion, and deposition in shaping the Earth's surface and contributing to the rock cycle.

Understand the significance of heat, pressure, and deformation in the creation of metamorphic rocks.

Identify the conditions under which sedimentary rocks form and the factors influencing sediment transport and deposition.

Comprehend the impact of geology on landscapes and human activities, using specific examples.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.

Variance

A measure of variability that quantifies the spread of a set of data points or the dispersion of a distribution around its mean.

Interquartile Range

A measure of statistical dispersion representing the difference between the upper and lower quartiles of a dataset, providing insights into its variability.

Extreme Values

Observations that are significantly higher or lower than the majority of data points in a data set, often perceived as outliers.