We Obtain the Relative Frequency of a Category By

question 9

Multiple Choice

We obtain the relative frequency of a category by:

• A)dividing the frequency of that category by the sum of all frequencies
• B)multiplying the frequency of that category by 100
• C)dividing the frequency of that category by 100
• D)dividing the sum of all frequencies by the frequency of that category

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Definitions:

Predetermined Overhead Rate

Predetermined overhead rate is calculated by dividing the estimated manufacturing overhead costs by an allocation base, used to apply overhead costs to products.

Machine-Hours

A measure of production time based on the number of hours a machine is operated.

Direct Labor-Hours

Summation of hours by employees directly contributing to manufacturing efforts.

Machining

A manufacturing process involving the cutting, shaping, or finishing of material, typically metal, using machine tools.