The Weekly Salaries (In Dollars)of 24 Randomly Selected Employees of a Company

question 21

Multiple Choice

The weekly salaries (in dollars) of 24 randomly selected employees of a company are shown below. 310 320 450 460 470 500 520 540
580 600 650 700 710 840 870 900
1000 1200 1250 1300 1400 1720 2500 3700

• A)3700
• B)2500
• C)310,2500,3700
• D)2500,3700
• E)None

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Definitions:

Manufacturing Process

The manufacturing process involves the steps, operations, and stages companies use to convert raw materials into finished goods through machinery, labor, and other resources.

Direct Labor Cost

Expenses that are directly attributed to the production of goods or services, including wages of workers.

Manufacturing Process

A series of steps or operations to transform raw materials into finished products.

Wages

Payment given to workers for their work or services, often determined by the hour, day, or per piece completed.