The Toronto Fire Department Has Hired You to Generate an Accurate

question 19

Multiple Choice

The Toronto Fire Department has hired you to generate an accurate estimate of how many homes have operational fire prevention systems.The Chief Fire Inspector gave you a list of two million residential telephone customers in the city.You sampled every two-thousandth address on the list.You survey each sampled household by telephone. How large is your sample?

• A)500
• B)1000
• C)1500
• D)2000
• E)2500

---

Definitions:

Machine-Hours

A measure of production output or activity in terms of the total hours that machines are operated within a specific period.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, calculated before the production period based on estimated costs.

Labor-Hours

Labor-hours amount to the total time workers spend on production or service delivery, an important factor in determining labor efficiency and cost control.

Variable Manufacturing Overhead

Costs that vary with the level of production output, such as supplies and indirect labor expenses, not directly tied to the production volume.