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Answer the following questions using the information below:
Cathfree Inc.expects to sell 35 000 athletic uniforms for $70 each in 2018.Direct materials costs are $20,direct manufacturing labour is $8,and manufacturing overhead is $6 for each uniform.The following inventory levels apply to 2017:
-What is the amount budgeted for cost of goods manufactured in 2018?
Interval Scale
A scale of measurement where the intervals between values are uniform but there is no true zero point, allowing for the measurement of order and the calculation of meaningful differences between values.
Nominal Scale
A measurement scale used for categorizing variables without a quantitative value or order.
Pie Graph
A visual representation of data that divides a circle into slices to illustrate numerical proportions.
Frequency Distribution
A table or graph that displays how often different values or categories occur in a dataset.
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