The Number of Cars Sold by a Car Salesperson During

question 23

Multiple Choice

The number of cars sold by a car salesperson during each of the last 25 weeks is the following: What is the standard deviation of the number of cars sold by the salesperson during a week?

• A) 0.56
• B) 0.75
• C) 0.80
• D) 1

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Definitions:

Manufacturing Overhead Applied

The process of assigning manufacturing overhead costs to the units produced, based on a predetermined overhead rate.

Work in Process Account

An inventory account that tracks the costs of products in various stages of completion but not yet finished.

Manufacturing Overhead

The indirect costs associated with manufacturing, exclusive of direct materials and direct labor expenses, necessary to produce goods.

Allocation Base

A criterion or measure used for allocating costs to cost objects, based on factors such as time, output, or activity level.