Match Each of the Following Functions to Their Actions

question 74

Essay

Match each of the following functions to their actions:
I. SUM
II. AVERAGE
III. COUNT
IV. MAX
V. MIN
A. Determines the number of entries in a series of cells
B. Averages a series of cells
C. Displays the largest number in a series of cells
D. Totals a series of cells
E. Displays the smallest number in a series of cells

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Definitions:

Fitting Department

A dedicated section in a manufacturing or production facility where parts are assembled, adjusted, or finished to meet specific requirements or specifications.

Conversion Costs

The sum of labor and overhead costs that are incurred to convert raw materials into finished products.

Weighted-Average Method

A cost accounting method that averages the costs of goods available for sale or production, weighting by the quantities at each cost.

Materials Cost

The total expense incurred by a company for raw materials and supplies needed to manufacture products.