If 100 Out of 1000 Users of Brand a Were

question 46

Multiple Choice

If 100 out of 1000 users of brand A were medium users (i.e., 10%) , and 200 respondents out of 400 users of brand B were medium users (i.e., 50%) , the average number of medium users for brands A and B would be

• A) 0.214
• B) 0.3
• C) 0.375
• D) 0.6

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Definitions:

Direct Labor Hours

The sum of hours spent by workers directly partaking in the creation of goods or provision of services.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to individual products or activities based on estimated costs and activity levels.

Manufacturing Overhead Cost

Indirect factory-related costs incurred when a product is manufactured, including the costs of utilities, maintenance, and property taxes.

Machine Hours

A measure of production output or activity based on the number of hours a machine operates.