In order to have a high confidence level in a customer survey, the sample size accurately reflects the entire population.
A discrete collection of entities with identifiable characteristics, such as humans or animals, for the purposes of analysis and data collection is called a population. It consists of a group of similar species that can inhabit a specific geographical location and interbreed.
A group of people, things, events, organizations, etc. Use populations to draw conclusions. Figure 1: Population. An example of a population is the entire student body of a school. Includes all students studying at the school when the data was collected.
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This is to ensure that they complete the project within the
appointed period of time as well as within the budget given to them. It also shows how effective the government is
in implementing their projects. If they
don’t do so within the period and the budget then people will question their
efficiency in completing their assignments and project within the period
prescribed.
Answer:
$6,625,000
Explanation:
Direct material $1,323,600
Direct labor. $1,680,000
Total factory overhead. $3,544,200
Add: Opening work in process inventory $455,300
Less: Closing work in process inventory ($378,100)
Costs of goods manufactured $6,625,000
Answer:
$20,880
Explanation:
Under the direct method we ignore services that are provided to the other service departments.
In order to allocate the building operation costs to Operating department A, we need to determine what percentage of the building space taken up by Operating departments is used by Operation Department A.
There is a total of 50000 square feet and Operating Department A occupies 60%(30000/50000 of that.
So Operating Department A will get 60% of the building costs
i.e., 60% × 34800 = 20,880
