In a Grouped Frequency Distribution,the Conventional Starting Point for the Lowest

question 43

Multiple Choice

In a grouped frequency distribution,the conventional starting point for the lowest interval is the closest number evenly divisible by the interval size that is equal to or less than the _____:

• A)highest score
• B)lowest score
• C)interval size
• D)real limits of the score

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Definitions:

Predetermined Overhead Rate

This is a rate used to allocate manufacturing overhead costs to individual units of production, based on a certain activity, such as labor hours or machine hours.

Direct Materials

Substances that can be directly linked to the manufacturing of a particular item.

Direct Labor

Labor costs that can be easily traced to individual units of product; essentially the wages paid to workers who directly manufacture goods.

Manufacturing Overhead

All indirect manufacturing costs, including but not limited to utilities, rent, and salaries of supervisors.