A Nurse Orientation Program Director Is Examining Data About Nurses

question 13

Multiple Choice

A nurse orientation program director is examining data about nurses in their first year of practice at her hospital. Use the table below to answer the following question.
$\begin{array}{|l|l|l|}\hline\begin{array}{l}\text { Number of months of } \\\text { experience }\end{array} & \begin{array}{l}\text { Number of medication errors } \\\text { made }\end{array} & \begin{array}{l}\text { Cumulative Frequency of } \\\text { Medication Errors }\end{array} \\\hline 1-3 & 6 & 6 \\\hline 4-6 & 17 & 23 \\\hline 7-9 & 12 & 35 \\\hline 10-12 & 10 & 45 \\\hline\end{array}$ During what time frame were the most medication errors made?

• A) 1-3 months
• B) 4-6 months
• C) 7-9 months
• D) 10-12 months

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Definitions:

Markup Percentage

The percentage added to the cost of goods to cover overhead and profit, determining the selling price.

Factory Overhead

Costs associated with production that are not directly tied to individual products, including utilities, maintenance, and salaries of supervisory staff.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the amount of activities used to produce them.

Markup Percentage

The percentage added to the cost of goods to determine the selling price, reflecting the profit margin on sales.