Clovis Midwifery's Cost Formula for Its Wages and Salaries Is

question 52

Multiple Choice

Clovis Midwifery's cost formula for its wages and salaries is $2,680 per month plus $245 per birth.For the month of September,the company planned for activity of 118 births,but the actual level of activity was 121 births.The actual wages and salaries for the month was $33,290.The wages and salaries in the flexible budget for September would be closest to:

• A)$32,393
• B)$31,590
• C)$32,325
• D)$33,290

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Reliability

Refers to the consistency and stability of a measure or test over time.

Validity

The extent to which a test, scale, or measuring instrument accurately measures what it is intended to measure.

Predictive Validity

The extent to which a score on a scale or test predicts future performance on a related measure.