A Stratified Sample in Which the Number of Sampling Units

question 48

Multiple Choice

A stratified sample in which the number of sampling units drawn from each stratum is in proportion to the population size of that stratum is called a(n) :

• A)proportional stratified sample
• B)balanced stratified sample
• C)even stratified sample
• D)primary stratified sample

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Definitions:

Variable Component

Part of a cost or expense that varies with changes in activity level, production volume, or sales.

Fixed Component

The portion of a cost that remains constant regardless of the level of activity or output.

Overhead Efficiency

A measure of how effectively a business uses its overhead costs in the production process, often improving profit margins when increased.

Overapplied

In cost accounting, it refers to a situation where the allocated overhead for a period is more than the actual overhead incurred.