Instruction 2 -Referring to Instruction 2

question 63

Essay

Instruction 2.11
The table below contains the number of people who own a portable DVD player in a sample of 600 broken down by gender.
$$\begin{array} { | l | l | l | } \hline \begin{array} { l } \text { Own a Portable } \\\text { DVD Player }\end{array} & \text { Male } & \text { Fermale } \\\hline \text { Yes } & 96 & 40 \\\hline \text { No } & 224 & 240 \\\hline\end{array}$$
-Referring to Instruction 2.11 construct a table of row percentages.

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Definitions:

Budget Estimates

Financial predictions that outline expected income and expenditures for a specific period.

Static Budget

A type of budget that remains unchanged over a period, regardless of any changes in business activity or operations.

Flexible Budget

A budget that adjusts or varies with changes in volume or activity, allowing for better cost control and planning.

Direct Labor

Direct Labor refers to the wages and benefits for employees directly involved in the production of goods, easily traceable to specific products or services.