Solve the Problem. -100 Employees of a Company Are Asked How They Get

question 248

Multiple Choice

Solve the problem.
-100 employees of a company are asked how they get to work and whether they work full time or part time. The figure below shows the results. If one of the 100 employees is randomly selected,
Find the probability that the person does not work full time. 1. Public transportation: 9 full time, 8 part time
2) Bicycle: 5 full time, 3 part time
3) Drive alone: 32 full time, 26 part time
4) Car pool: 7 full time, 10 part time

• A) 0.47
• B) 0.44
• C) 0.53
• D) 0.26

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Definitions:

Traditional Format Income Statement

A financial statement format that separates operating activities from non-operating activities to reveal gross profit, operating income, and net income.

Contribution Format Income Statement

An income statement format that separates variable and fixed costs, making it easier to see the contribution margin.

Contribution Margin

The revenue remaining after deducting variable costs, which contributes to covering fixed costs and generating profit.

Direct Manufacturing Cost

Expenses directly associated with the production of goods, including direct materials and direct labor costs.