Instruction 2-11
the Table Below Contains the Opinions of a Sample

question 67

Short Answer

Instruction 2-11
The table below contains the opinions of a sample of 200 people broken down by gender about the latest government plan to eliminate restraint of trade exemptions for professional sporting leagues.
$$\begin{array} { l l c c c } & \text { For } & \text { Neutral } & \text { Against } & \text { Totals } \\\hline \text { Female } & 38 & 54 & 12 & 104 \\\text { Male } & 12 & 36 & 48 & 96 \\\text { Totals } & 50 & 90 & 60 & 200\end{array}$$
-Referring to Instruction 2-11,________ percent of the 200 were males.

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Definitions:

Predetermined Overhead Rate

A rate used to charge manufacturing overhead cost to jobs that is established in advance for each period. It is computed by dividing the estimated total manufacturing overhead cost for the period by the estimated total amount of the allocation base for the period.

Special Order

A one-time order or contract that is outside of a company’s normal production or service offerings, often requiring special terms.

Variable Cost

Costs that vary directly with the level of production or volume of output.

Fixed Manufacturing Overhead

Costs associated with manufacturing that do not vary with the level of production, such as rent, salaries of permanent staff, and depreciation of factory equipment.