What Would the Range of the Following Distribution Be 2,3,3,3,3,4,5,6,7,8,8

question 2

Multiple Choice

What would the range of the following distribution be 2,3,3,3,3,4,5,6,7,8,8?

• A)3
• B)4
• C)5
• D)6

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Definitions:

Overhead Allocation Base

A metric used to assign indirect costs to cost objects, often based on time, labor, or machine hours.

Plantwide Overhead Rate

A single overhead absorption rate used throughout an entire factory or plant, applied to all production units irrespective of the department in which they were produced.

Overhead Cost Pool

A collection of indirect expenses grouped together to be allocated systematically to different departments, processes, or products.