An Example of a Period Cost Is

question 58

Multiple Choice

An example of a period cost is

• A)insurance on factory equipment.
• B)chief executive's salary.
• C)property taxes on factory building.
• D)wages of factory custodians.

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Definitions:

Standard Deviation

Standard Deviation is a statistic that measures the dispersion or variability of a set of data points relative to its mean.

Scores Ranged

Refers to the distribution or span of scores achieved in a test, from the lowest to the highest mark.

Median

The middle value in a data set, which separates the higher half from the lower half.

Positively Correlated

A relationship between two variables where an increase in one variable is associated with an increase in the other.