Use the Data to Find the Required Rate

question 19

Multiple Choice

Use the data to find the required rate. Round your answer to thousandths unless indicated otherwise.
-A six mile strip of Sprinkle Road had 50 traffic fatalities last year. There were 2.4 million miles driven along this stretch. Determine the traffic fatality rate per 100,000 miles driven. Round your answer to hundredths.

• A)2.08 deaths per 100,000 miles driven
• B)20.83 deaths per 100,000 miles driven
• C)24 deaths per 100,000 miles driven
• D)4800.00 deaths per 100,000 miles driven

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Definitions:

Assembly Department

A division within a manufacturing facility where parts are put together to make a final product.

Cost Reconciliation Report

A document summarizing the costs in a production process, comparing expected costs to actual costs, and explaining differences or variances.

Weighted-Average Method

A cost accounting method used to calculate the cost per unit of inventory by considering the weighted average of the costs of the items available for sale.

Total Cost Accounted For

The comprehensive total of all costs recorded and allocated for a specific purpose or project.