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3 years ago

What is the meaning of statistics??

Business

2 answers:

Allushta [10]3 years ago

5 0

Answer:

Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.

Nookie1986 [14]3 years ago

4 0

Explanation:

1 : a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data. 2 : a collection of quantitative data.

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3 years ago

Read 2 more answers

Brooklyn Corporation is preparing its statement of cash flows for the past year. The company has gathered the following informat

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Answer:

Statement of cash flows ending balance = $168,800

Explanation:

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4 years ago

Which terms will make the following statement true? When manufacturing overhead is overapplied, the Manufacturing Overhead accou

kupik [55]

Answer:

Answer is a) debit, actual

Manufacturing Overhead account has a debit balance and applied manufacturing overhead is greater than the actual manufacturing overhead

Explanation:

Overheads are applied to product costs using budgeted overhead rates. Budgeted rates are used because the delays in obtaining actual overhead affects timeous product valuation for profit purposes

Over applied situation occurs when the applied overheads exceeds the actual manufacturing overhead.

<em>The Manufacturing Overhead Account will have the following entries:</em>

Transfer to work in Progress figure - credit (with applied overheads)

Bank - debit (actual overhead)

Balancing figure or shortfall - debit (over-applied)

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3 years ago

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3 years ago

"Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process

IrinaVladis [17]

Explanation:

The computation of the equivalent units of production for the forming department is shown below:

Units started and completed units

= Beginning inventory units + started units - ending inventory units

= 27,000 units + 320,000 units - 35,000 units

= 312,000 units

For Material cost

= Units started and completed units × completion percentage + ending inventory units × completion percentage

= 312,000 units × 100% + 35,000 units × 80%

= 312,000 units + 28,000 units

= 340,000 units

For Conversion cost

= Units started and completed units × completion percentage + ending inventory units × completion percentage

= 312,000 units × 100% + 35,000 units × 40%

= 312,000 units + 14,000 units

= 326,000 units

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3 years ago

What is the meaning of statistics??​

What is the meaning of statistics??