In 2009,the Average Donation to the Community Kitchen Was $900

question 85

Essay

In 2009,the average donation to the Community Kitchen was $900 with a standard deviation of $180.In 2010,the average donation was $1,600 with a standard deviation of $240.In which year do the donations show a more dispersed distribution?

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Definitions:

Indirect Expenses

Costs that are not directly tied to a specific product, service, or department and need to be allocated, such as utilities or rent.

Contribution Margin

The amount remaining from sales revenue after variable costs are deducted, indicating how much contributes to covering fixed costs and generating profit.

Indirect Costs

Expenses not directly tied to a specific product or service, such as overhead, administrative salaries, and utilities.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.