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Find the Standard Divisor for the Given Situation A) 7687
B) 84

question 50

Multiple Choice

Find the standard divisor for the given situation. Round your answer to two decimals.
-A small country consists of seven states; there are 158 seats in the legislature that need to be Apportioned among the seven states; and the population of each state is shown in the table.  State  A  B  C  D  E  F  G  Population 1283237427252155159225112017\begin{array} { l l l l l l l l } \hline \text { State } & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } & \text { G } \\\hline \text { Population } & 1283 & 2374 & 2725 & 2155 & 1592 & 2511 & 2017 \\\hline\end{array}

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Definitions:

Variable Costing

An accounting method that only considers variable costs (costs that change with production volume) in the cost of production, excluding fixed costs.

Traditional Costing

A costing methodology that assigns overhead costs to products based on volume-related measures such as labor hours or machine hours.

Manufacturing Costs

The total expenses involved in the production of goods, including raw materials, labor, and overhead costs.

Product Costs

Product costs are the costs directly associated with the creation of a product, including material, labor, and overhead expenses.

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