A Sample in Which Every Member of the Population Has

question 52

Multiple Choice

A sample in which every member of the population has an equal chance of being selected for inclusion in the study is a _____ sample.

• A) convenience
• B) representative
• C) volunteer
• D) random

---

Definitions:

Manufacturing Overhead Variance

The difference between the actual manufacturing overhead costs incurred and the overhead costs allocated to the production process based on a predetermined rate.

Direct Labor Hours

The cumulative working hours of employees directly engaged in the production process.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual units of production, based on a specific activity (e.g., labor hours or machine hours).

Labor Price Variance

The difference between the actual cost of labor and the budgeted or standard cost, often analyzed in cost accounting.