Use the Data Given Below to Answer the Following Question(s)

question 32

Multiple Choice

Use the data given below to answer the following question(s) .
Following is an extract from the Cost per Order Database of Grogtes LLC. $\begin{array}{|l|l|c|l|lr|}\hline\text { Item Category } & \text { Item } \mathrm{ID} &{\text { Item Cost }} & \text { Units } & \text { Cost per Order } \\\hline \text { Nuts } & \text { N101 } & \$ 2.44 & 94 & \$ &229.36\\\hline \text { Screws } & \text { S101 } & \$ 20.44 & 49 & \$ & 1,001.56 \\\hline \text { Nuts } & \text { N102 } & \$ 5.44 & 35 & \$ & 190.40 \\\hline \text { Screwdriver } & \text { SD 101 } & \$ 20.44 & 26 & \$ & 531.44 \\\hline \text { Nuts } & \text { N102 } & \$ 3.44 & 55 & \$ & 189.20 \\\hline \text { Screws } & \text { S102 } & \$ 5.44 & 59 & \$ & 320.96 \\\hline \text { Nuts } & \text { N101 } & \$ 2.44 & 74 & \$ & 180.56 \\\hline \text { Nuts } & \text { N102 } & \$ 5.44 & 89 & \$ & 484.16 \\\hline \text { Nuts } & \text { N101 } & \$ 2.44 & 31 & \$ & 75.64 \\\hline \text { Screws } & \text { S103 } & \$ 9.44 & 59 & \$ & 556.96 \\\hline \text { Nuts } & \text { N102 } & \$ 5.44 & 89 & \$ & 484.16 \\\hline \text { Screws } & \text { S101 } & \$ 2.44 & 28 & \$ & 68.32 \\\hline \text { Screws } & \text { S101 } & \$ 20.44 & 80 & \$ & 1,635.20 \\\hline \text { Nuts } & \text { N102 } & \$ 5.44 & 34 & \$ & 184.96 \\\hline \text { Nails } & \text { NG101 } & \$ 125.45 & 1 & \$ & 125.45 \\\hline \text { Bolts } & \text { B101 } & \$ 16.44 & 15 & \$ & 246.60 \\\hline \text { Screws } & \text { S103 } & \$ 9.44 & 27 & \$ & 254.88 \\\hline \text { Screwdriver } & \text { SD 102 } & \$ 9.44 & 63 & \$ & 594.72 \\\hline \text { Screwdriver } & \text { SD 101 } & \$ 20.44 & 14 & \$ & 286.16 \\\hline \text { Bolts } & \text { B102 } & \$ 5.44 & 95 & \$ & 516.80 \\\hline \text { Nuts } & \text { N103 } & \$ 1.74 & 66 & \$ & 114.84 \\\hline \text { Bolts } & \text { B101 } & \$ 16.44 & 73 & \$ & 1,200.12 \\\hline \text { Screws } & \text { S103 } & \$ 9.44 & 45 & \$ & 424.80 \\\hline \text { Screws } & \text { S104 } & \$ 15.45 & 86 & \$ & 1,328.70 \\\hline \text { Screws } & \text { S102 } & \$ 5.44 & 3 & \$ & 16.32 \\\hline \text { Screws } & \text { S101 } & \$ 20.44 & 6 & \$ & 122.64 \\\hline \text { Bolts } & \text { B } 102 & \$ 5.44 & 49 & \$ & 266.56 \\\hline \text { Nuts } & \text { N101 } & \$ 2.44 & 65 & \$ & 158.60 \\\hline \text { Screw driver } & \text { SD 103 } & \$ 5.44 & 95 & \$ & 516.80 \\\hline \text { Nuts } & \text { N103 } & \$ 1.74 & 52 & \$ & 90.48 \\\hline \text { Screws } & \text { S103 } & \$ 9.44 & 79 & \$ & 745.76 \\\hline \text { Nailgun pack } & \text { NG101 } & \$ 125.45 & 4 & \$ & 501.80 \\\hline \text { Bolts } & \text { B102 } & \$ 5.44 & 61 & \$ & 331.84 \\\hline \text { Bolts } & \text { B103 } & \$ 12.94 & 54 & \$ & 698.76 \\\hline \text { Bolts } & \text { B104 } & \$ 24.40 & 41 & \$ & 1,000.40 \\\hline \text { Nails } & \text { NG102 } & \$ 275.45 & 2 & \$ & 550.90 \\\hline \text { Nuts } & \text { N103 } & \$ 1.74 & 6 & \$ & 10.44 \\\hline \text { Screw driver } & \text { SD } 104 & \$ 2.44 & 75 & \$ & 183.00 \\\hline \text { Screws } & \text { S101 } & \$ 20.44 & 56 & \$ & 1,144.64 \\\hline \text { Nuts } & \text { N103 } & \$ 1.74 & 13 & \$ & 22.62 \\\hline \text { Screws } & \$ 102 & \$ 5.44 & 10 & \$ & 54.40 \\\hline\end{array}$
$\quad$ $$\begin{array} { | c | l | r | l | l c | } \hline \text { Screws } & \text { S101 } & \$ 20.44 & 93 & \$ & 1,900.92 \\\hline \text { Screws } & \text { S102 } & \$ 5.44 & 27 & \$ & 146.88 \\\hline\end{array}$$
-Which of the following is true about quartiles?

• A) The 25th percentile is called the fourth quartile.
• B) One-fourth of the data fall below the fourth quartile.
• C) Three-fourths of the data are below the third quartile.
• D) The 50th quartile is the third percentile.

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance.

Activity Changes

Adjustments or variations in the level of a company's activities, such as production volume or sales, that can impact its costs and operational efficiency.

Straight-Line Depreciation

A method for distributing the cost of a solid asset in even annual payments throughout its effective life.

Insurance Premiums

The amount of money that an individual or business must pay for an insurance policy.