Which of the Following Is a Reasonable Estimate of the Number

question 20

Multiple Choice

Which of the following is a reasonable estimate of the number of characters (typed letters or numbers) in a 609 page book? Assume an average of 194 words/page and a reasonable average number of letters/word.

• A) 5 × 10⁵ char
• B) 5 × 10⁷ char
• C) 5 × 10⁶ char
• D) 5 × 10⁴ char

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Definitions:

Overhead Applied

Overhead applied refers to the allocation of overhead costs to specific jobs or production units based on a predetermined rate or basis.

Job-order Costing System

A costing method that assigns costs to specific batches or lots of products, often tailor-made for customers.

Overhead Cost

Overhead cost refers to ongoing business expenses not directly tied to creating a product or service, such as rent, utilities, and insurance.

Work in Process

Represents goods that are in the process of being manufactured but are not yet complete.