A Company Is Considering the Following Alternatives Which of the Following Are Relevant in Choosing Between the c

question 28

Multiple Choice

A company is considering the following alternatives: $$\begin{array} { l c c } & \text { Alternative 1 } & \text { Alternative 2 } \\\text { Revenues } & \$ 120,000 & \$ 120,000 \\\text { Variable costs } & 60,000 & 70,000 \\\text { Fixed costs } & 35,000 & 35,000\end{array}$$ Which of the following are relevant in choosing between the alternatives?

• A)Variable costs
• B)Revenues
• C)Fixed costs
• D)Variable costs and fixed costs

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Definitions:

Sample

A subset of a population chosen for measurement, observation, or questioning to provide statistical information about the whole.

Frequency Distribution

The representation of data that shows the number of instances in which a variable takes each of its possible values.

Frequency Distribution

A summary of how often different values occur within a dataset, usually presented in a table or graphical format.

Hair Color

An attribute or variable often studied in genetics or sociology, reflecting the pigment of hair on individuals.