Answer the Following Question(s)using the Information Below

question 198

Multiple Choice

Answer the following question(s) using the information below.The following information pertains to Alleigh's Mannequins:

-What is the amount of ending finished goods inventory?

• A)$42,500.
• B)$24,750
• C)$25,000
• D)$25,425
• E)$42,500

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Definitions:

Discrete Random Variable

A variable that takes on a finite or countably infinite number of values, each with a quantifiable probability.

Employees

Individuals who work for another person or organization in return for compensation.

Poisson Distribution

A statistical distribution describing the likelihood of a certain number of events taking place within a specific time or space interval, given that these events happen at a fixed average rate and are independent of the timing of the previous event.

Variance

A statistical measure that represents the degree of spread or dispersion of a set of data values around their mean.