Examlex

Solved

Find the Mode for the Following Data

question 47

Multiple Choice

Find the mode for the following data?
5, 4, 3, 4, 5, 6, 5, 5, 3, 4


Definitions:

Materials

Raw substances used in the manufacturing process to create a finished product.

Equivalent Unit

A concept used in cost accounting to convert partially completed goods into a number of completed units for accounting purposes, considering the degree of completion.

First Processing Department

The initial stage in a manufacturing process where raw materials are first transformed into work-in-process.

Conversion Costs

Costs incurred during the transformation of raw materials into finished goods, typically including labor and overhead.

Related Questions