The simplest measure of variability is the
a. variance.
b. standard deviation.
c. coefficient of variation.
d. range.
D
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A style typically begins as a risky or unique statement by a relatively small group of people
Indicate whether the statement is true or false
Manageable questions cause difficulty, give information, and bring the discussion to a false conclusion.
Answer the following statement true (T) or false (F)
Which of the following statements is true about health insurance contracts?
A. Most people receive their insurance coverage from individual policies that are provided by employers. B. Portable health insurance contracts allow insurance companies to stop covering people who change their jobs. C. The Consolidated Omnibus Budget Reconciliation Act prevents companies that do not provide portable health insurance contracts from issuing group policies. D. Health insurance contracts traditionally do not provide coverage for medical expenses resulting from preexisting conditions.
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation achieves the budgeted level of sales, what will be its margin of safety in dollars? Sales (50,000 units) $1,000,000 Costs: Direct materials$270,000 Direct labor 240,000 Fixed factory overhead 100,000 Variable factory overhead 150,000 Fixed marketing costs 110,000 Variable marketing costs 50,000 920,000 Pretax income $80,000
A. $150,000. B. $310,115. C. $262,500. D. $172,420. E. $275,862.