What Is the Statistical Range of the Following Distribution of Data

question 9

Multiple Choice

What is the statistical range of the following distribution of data?
21 25 18 20 19 21 23 26

• A) 18 to 26
• B) 21.6
• C) 8
• D) .-8

---

Definitions:

Standard Cost

A predetermined cost of manufacturing, selling, and administrative activities, used as a benchmark to measure performance.

Variable Manufacturing Overhead

Costs in manufacturing that vary with the level of production output, such as materials and labor directly involved in production.

Direct Labor-hours

The total hours worked by employees directly involved in the manufacturing process or producing a service, often used as a basis for allocating overhead costs.

Direct Materials

Raw materials that can be directly associated with the production of specific goods or services.