Claus Received a Raw Score of 86

question 60

Multiple Choice

Claus received a raw score of 86. Given that the test had a mean of 88, and a standard deviation of 4. What is Claus's approximate T score?

• A) 0
• B) 45
• C) 75
• D) 90

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Definitions:

Net Operating Income

A financial metric that calculates a company's profit after operating expenses are subtracted but before income taxes and interest are deducted.

Variable Manufacturing Overhead

Costs in manufacturing that vary with the level of production output, such as utilities or indirect material costs, but do not include direct materials or direct labor.

Labor Efficiency Variance

The difference between the actual hours worked and the expected hours worked, multiplied by the standard hourly labor rate.

Variable Overhead Efficiency Variance

This term measures the efficiency with which variable overhead resources are utilized in the production process.