Approximately what proportion of the observations is between 225 and 285?
What will be an ideal response?
k = 1.5; hence at least 55.56% of the observations are in the interval between 225 and 285.
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Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crane's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $51 per machine hour, while the finishing department uses a departmental overhead rate of $25 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments. The cost of direct labor is $42 per direct labor hour and the cost of the direct materials used by Job A216 is $2,000.
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