Answered: The variance and mean of salaries of a…

The variance and mean of salaries of a sample of employees are OMR (6084) and (918.5) respectively. The coefficient of variation (CV.) is:

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 22E

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The variance and mean of salaries of a sample of employees are OMR (6084) and (918.5) respectively. The coefficient of variation (CV.) is:

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