Which of the Following Types of Sampling Requires the Largest

question 36

Multiple Choice

Which of the following types of sampling requires the largest sample size?

• A) Cluster sampling
• B) Simple Random sampling
• C) Stratified sampling
• D) Systematic sampling

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Definitions:

Cost of Goods Manufactured

The total production cost of goods that are completed during a specific period.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including material and labor costs.

Schedule of Cost of Goods Manufactured

A detailed report showing the total production costs incurred to produce goods in a specific accounting period.

Total Manufacturing Cost

The aggregate cost of producing goods, including direct labor, direct materials, and manufacturing overhead expenses.