Use the Information Below to Answer the Following Question(s)

question 116

Multiple Choice

Use the information below to answer the following question(s) .
Father Time Clock Shop manufactures clocks on an automated assembly line. It utilizes two cost categories: direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of production, while conversion costs are allocated evenly throughout production, and the company uses weighted-average costing.
Data for the Assembly Department are:

-How many cushions were started during May?

• A) 60,000 cushions
• B) 120,000 cushions
• C) 140,000 cushions
• D) 180,000 cushions
• E) 223,000 cushions

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Definitions:

Discrete Random Variable

A variable that takes on countable values, each with a certain probability.

E(x)

The expected value of a random variable x, representing the mean or average outcome.

Variance

A measure of how much values in a dataset differ from the mean of the dataset, indicating the spread of data points.

Discrete Probability Distribution

A statistical function that describes the probability of occurrence of each value of a discrete random variable.