From a Population of Size 400, a Random Sample of 40

question 102

Multiple Choice

From a population of size 400, a random sample of 40 items is selected. The median of the sample

• A) must be 200, since 400 divided by 2 is 200.
• B) must be 10, since 400 divided by 40 is 10.
• C) must be equal to the median of population, if the sample is truly random.
• D) none of these alternatives is correct.

---

Definitions:

Single Plantwide Factory Overhead Rate

A method of allocating overhead costs to products based on a single predetermined rate, typically used in manufacturing environments where production processes are similar.

Direct Labor Hours

The total time spent by workers directly involved in the manufacturing process to produce goods.

Machine Hours

A measure of production output, calculated by the total hours that machinery is operated in the production of goods.

Single Plantwide Factory Overhead Rate

A method of allocating factory overhead to all units produced across an entire plant, using a single, uniform rate.