Professor White Asked His Students to Put the Number of Hours

question 30

Multiple Choice

Professor White asked his students to put the number of hours each studied for the final exam on a piece of paper and turn that paper in with the exam. The pieces of paper indicate that students studied 10, 3, 4, 25, 1, 4, 4, 12, 6, 8, and 10 hours.What is the modal number of hours studied?

• A)10
• B)25
• C)4
• D)there is no mode for this distribution

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Definitions:

Cost of Production

The total expense incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.

Transferred-in Costs

Costs accumulated from previous departments or processes that are carried forward into the cost of new products or stages of production.

Weighted Average Method

An inventory costing method calculating the cost of goods sold and ending inventory based on the weighted average cost of all items available for sale.

Packaging Department

A division within a manufacturing company responsible for designing, producing, and managing the packaging of products.