Presented Below Is a Chart and a Portion of the Data

question 3

Short Answer

Presented below is a chart and a portion of the data for 550 respondents which were used to construct it.What is another type of graph that you can use to display this information? Construct this graph using the data below with the frequencies placed along the vertical axis.

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Definitions:

Plantwide Overhead Rate

A single overhead allocation rate used throughout a manufacturing plant or entire facility, applied uniformly to all products or cost centers.

Activity-based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the activities that generate costs.

Activity-based Costing

A methodology that assigns manufacturing overhead costs to products in a more logical manner based on the activities that incur costs.

Floral Bouquets

An arrangement of flowers, typically designed and wrapped for decorative or gifting purposes.