A Recent Survey of Online Shoppers Asked Them to Indicate

question 9

Multiple Choice

A recent survey of online shoppers asked them to indicate the primary reason they
Shop via the Internet. The table summarizes responses by reason and gender. What
Percent of respondents cite Convenience as the primary reason they shop online? $$\begin{array} { | l | l | l | } \hline \text { Reason for Shopping Online } & \text { Male } & \text { Female } \\\hline \text { Convenience } & 249 & 90 \\\hline \text { Better Prices } & 110 & 99 \\\hline \text { Greater Selection } & 41 & 211 \\\hline\end{array}$$

• A) 42%
• B) 23%
• C) 62%
• D) 85%
• E) 33%

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Definitions:

Labeling Department

A specific section within a production or manufacturing process focused on the application of labels to products.

Weighted Average Method

An inventory costing method that averages out the cost of goods available for sale, weighting the cost based on quantities.

Equivalent Units

Equivalent units are a concept in cost accounting used to represent the amount of work done on incomplete units, expressed in terms of fully completed units.

Work in Process Inventory

Goods that are in the production process but are not yet completed.