State Whether the Actual Data Are Discrete or Continuous and Explain

question 136

Multiple Choice

State whether the actual data are discrete or continuous and explain why.
-The finishing times for athletes running a 100 meter race

• A)Discrete because only counting numbers are used, and no values between the counting numbers are possible
• B)Continuous because the numbers can have any value within some range of values

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Definitions:

Job M

A specific production or project operation identified by a unique job number for costing purposes.

Overhead Applied

Overhead applied refers to the allocation of indirect costs to specific products or production areas based on a predetermined rate or method.

Job A578

A specific project or task within an organization, identified by the code A578 for tracking and cost allocation purposes.

Predetermined Manufacturing Overhead

The estimated cost of manufacturing overhead assigned to each unit of production, based on a predetermined rate.