In the Year 2000, It Was Estimated That the Number

question 36

Multiple Choice

In the year 2000, it was estimated that the number of new osteoporotic fractures in men and women ages 50 and older was 9.0 million: 1.6 million were at the hip, 1.7 million were at the forearm, and 1.4 million were from the spine and humerus. Consider the following data and answer the questions that follow.
Estimated Number of Fractures (in Thousands) Worldwide at the Sites Shown in Men and Women in the Year 2000
$\begin{array}{l}\quad\quad\quad\quad\quad\quad\quad\quad\text { Percentage of }\\\begin{array} { l l l l l } \text { Site of Fracture } & \text { Fractures } & \text { Men } & \text { Women } & \text { Total } \\\text { Hip } & 18.2 & 490 & 1,137 & 1,627 \\\text { Forearm } & 18.5 & 332 & 1,328 & 1,660 \\\text { Spine } & 15.8 & 554 & 862 & 1,416 \\\text { Humerus } & 7.9 & 178 & 528 & 706 \\\text { Other sites } & 39.6 & 1,909 & 1,641 & 3,550 \\\text { Total } & 100 & 3,463 & 5,496 & 8,959\end{array}\end{array}$ Source: Adapted from Johnell, O., & Kanis, J.A. (2006) . Osteoporosis International, 17(12) : 1726. doi:10.1007/s00198-006-0172-4.
-Compare the percentage of fractures in the hip, forearm, spine, and humerus in men and women combined to the percentage of fractures at other sites in men and women combined. What do you conclude?

• A) There are about 50% more fractures in the hip, forearm, spine, and humerus in men and women than in fractures at other sites in men and women.
• B) There are about 20% more fractures in the hip, forearm, spine, and humerus in men and women than in fractures at other sites in men and women.
• C) There are about 10% fewer fractures in the hip, forearm, spine, and humerus in men and women than in fractures at other sites in men and women.
• D) There are 100% fewer fractures in the hip, forearm, spine, and humerus in men and women than in fractures at other sites in men and women.

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Definitions:

Direct Materials Costs

The cost of raw materials that are directly used in the manufacture of a product.

FIFO Method

First-In, First-Out, an inventory valuation method where the first items purchased are the first ones to be removed from inventory.

Units Started and Completed

This term refers to items or products that begin and finish production within a specific accounting period, in the context of manufacturing or process accounting.

Applied Overhead

is an estimate of indirect costs assigned to individual units of production based on a predetermined rate.