Haskins Company Employs Material Handling Employees Who Move Materials Between

question 147

Multiple Choice

Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $360,000 a year.It is estimated that these employees move 600,000 pounds of material per year.If 60,000 pounds are moved in March,how much of the material handling cost should be assigned to products made in March? (Do not round your intermediate calculations. )

• A) $36,000
• B) $24,000
• C) $50,000
• D) $38,000

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Definitions:

Variance

A measure of the distribution of data points in a data set around the mean, indicating how spread out the data points are.

Z-score

A statistical measure representing the number of standard deviations a data point is from the mean of its data set, used in standardizing scores for comparison.

Probability Sampling

Sampling based on random selection of the sample units.

Convenience Sampling

Sampling based on convenience to the researcher.