Electronics Company
at a Meeting of Regional Offices Managers of a National

question 65

Essay

Electronics Company
At a meeting of regional offices managers of a national electronics company,a survey was taken to determine the number of employees the regional managers supervise in the operation of their departments.The results of the survey are shown below.
$$\begin{array} { | c | c | c | c | c | c | } \hline \text { Number of emplayees supervised } & 1 & 2 & 3 & 4 & 5 \\\hline \text { Frequency } & 7 & 11 & 14 & \mathbf { 8 } & 10 \\\hline\end{array}$$
-{Electronics Company Narrative} What proportion of managers supervise 3 employees?

---

Definitions:

Static Budget

A budget that is based on a fixed level of output or sales and does not change with the actual level of activity during the period.

Patient-Visits

Refers to the total number of individual patient encounters with healthcare professionals, usually measured in a clinic or hospital setting.

Total Fixed Cost

The sum of all fixed expenses that a company incurs, which do not vary with production volume.

Planning Budget

A budget designed for a particular level of activity, often used for evaluating potential income and expenditures for future accounting periods.