A Collection of Related Data Points Is Called a ____

question 216

Multiple Choice

A collection of related data points is called a ____.

• A) data marker
• B) tick mark
• C) data point
• D) data series

---

Definitions:

Job-Order Costing System

An accounting method that assigns costs to specific production jobs or batches and is used when the products produced are sufficiently distinct from each other.

Predetermined Overhead Rate

A rate calculated before the fiscal year begins, used to estimate the manufacturing overhead for each unit of production.

Machine-Hours

A measure of production output or activity based on the number of hours machinery is operated.

Job-Order Costing System

A methodology that assigns manufacturing costs to each individual product, allowing companies to track expenses for unique production orders.