Calculate the Variance of a Sample for Which $n = 5 , \sum ^ { 2 } = 1320 , \sum ^ { x } = 80$

question 80

Multiple Choice

Calculate the variance of a sample for which $n = 5 , \sum ^ { 2 } = 1320 , \sum ^ { x } = 80$

• A) 8.00
• B) 3.16
• C) 10.00
• D) 326.00

Understand the impact of inventory errors on financial statements and how to correct them.

Compute cost of goods sold and ending inventory under different inventory systems and costing methods.

Estimate inventory loss using the gross profit method.

Define and calculate the components and formulas related to inventory management.

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