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Exhibit 17-3 Bird's Eye View manufactures three different sizes of bird cages: small (for finches and canaries) , medium (for cockatiels and small parrots) , and large (for cockatoos and other large parrots) . The company has recently implemented an activity-based costing system. Bird's Eye View has identified five different production activities as well as the best cost driver for each activity. Each activity and driver is listed below, along with the budgeted amount that is associated with each activity for next year. The following information relates to each size of bird cage and next year's anticipated manufacturing operations:
-Refer to Exhibit 17-3. Under an activity-based costing system, what is the per unit cost for manufacturing overhead of a large cage (rounded) ?
Skewed
describes a distribution that is asymmetrical, with a majority of values lying to one side of the mean.
IQR
Stands for Interquartile Range, a measure of statistical dispersion or variability based on dividing a data set into quartiles.
Standard Deviation
This statistic describes the spread of data points in a dataset relative to its mean, indicating how spread out the data is.
Skewed
A description of distribution that shows asymmetry in the sense that the tail is longer on one side than the other.
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