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Reference: 22_03
Bridgestreet, Inc. has three operating departments: Cutting, Assembling, and Finishing. Cutting has 5,000 employees and occupies 15,000 square feet. Assembling has 4,000 employees and occupies 12,000 square feet. Finishing has 1,000 employees and occupies 23,000 square feet. Indirect factory costs for the current period were Administrative $170,000 and Maintenance $212,000. Administrative costs are allocated to operating departments based on the number of workers and maintenance costs are allocated to operating departments based on square footage occupied.
-Based on the preceding data,determine the administrative cost allocated to each operating department of Bridgestreet,Inc.
Sample Mean
The average of all the data points in a sample taken from a population.
Probability Sampling
A sampling method in which every member of the population has a known, non-zero chance of being selected, ensuring representativeness and allowing for the calculation of sampling error.
Systematic Sampling
A probability sampling method in which we randomly select one of the first k elements and then select every kth element thereafter.
Sample Proportion
The fraction of the sample that represents a particular outcome or characteristic.
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