Questions Below Will Be Based on the Following: a Group

question 55

Essay

Questions below will be based on the following: A group of 10 subjects was given a personality test. Among the traits measured on the test were Orderliness and Social Conformity. The scores were as follows: $$\begin{array} { l c c } \text { Subject \# } & \text { Orderliness } & \text { Social Conformity } \\1 . & 9 & 11 \\2 . & 6 & 8 \\3 . & 12 & 13 \\4 . & 7 & 6 \\5 . & 10 & 10 \\6 . & 4 & 6 \\7 . & 9 & 11 \\8 . & 10 & 9 \\9 . & 9 & 9 \\10 . & 2 & 2\end{array}$$
-What conclusions might you draw?

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Definitions:

Machine Hours

A measure of production output or activity based on the cumulative hours that machines are operational.

Factory Overhead

All indirect costs associated with the production process, such as utilities, maintenance, and management salaries.

Machine Hours

A measure of the actual time a machine is operated, used in calculating manufacturing costs and setting factory overhead rates.

Overapplied Amount

This is an accounting term referring to a situation where the actual manufacturing overhead cost is less than the overhead cost applied to production, resulting in a surplus.