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MrMuchimi
2 years ago
14

There was an example earlier where Flo Haysbert only contacted college students from Central-Ohio for research on automobile ins

urers for all college students. Which issue will undermine her results
Business
1 answer:
kotykmax [81]2 years ago
6 0

The issue will undermine the following results: the use of a stratified random sample, the wording of questions, and the under-coverage of data.

<h3 /><h3>What do you mean by population data?</h3>

Population statistics is described as a fixed of individuals who share a feature or set of these. A populace is specially decided with the aid of using geographies, together with all people in California, or all people withinside the United States.

Demographers (those who observe human populations) categorize this as the natural populace.

Therefore, The issue will undermine the following results: use of a stratified random sample, the wording of questions, and under-coverage of the population data.

Learn more about population data:

brainly.com/question/4694738

#SPJ1

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Julio produces two types of calculator, standard and deluxe. The company is currently using a traditional costing system with ma
Julli [10]

Answer:

Results are below.

Explanation:

a)

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 313,020 / 58,000

Predetermined manufacturing overhead rate= $5.4 per machine hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 5.4*26,500= $143,100

Deluxe= 5.4*31,500= $170,100

b)

<u>First, we need to calculate the allocation rates:</u>

Material handling= 183,750 / 1,550= $118.55 per material moves

Setup= 179,180 / 660= $271.48 per setup

<u>Now, we can allocate overhead:</u>

Standard= 118.55*625 + 271.48*85= $97,169.55

Deluxe= 118.55*925 + 271.48*575= $265,759.75

8 0
3 years ago
Assume a European company that manufactures decorative fountain pens. The firm is trying to decide whether or not to expand its
Wittaler [7]

Answer:

(a)

TC(q) [before expansion] = Fixed Cost + Variable Cost

                                              = 750,000 + 1.25q

TC(q) [after expansion] = (750,000 + 350,000) + 0.75q

                                      = 1,100,000 + 0.75q

(b)  (i) q = 600,000

TC(q) [before expansion] = 750,000 + (1.25 × 600,000)

                                          = 750,000 + 750,000

                                          = 1,500,000

TC(q) [after expansion] = 1,100,000 + (0.75 × 600,000)

                                      = 1,100,000 + 450,000

                                      = 1,550,000

Since expansion will increase total cost, profit will fall ceteris paribus. So firm should not expand.

(ii) q = 800,000

TC(q) [before expansion] = 750,000 + 1.25 × 800,000

                                          = 750,000 + 1,000,000

                                           = 1,750,000

TC(q) [after expansion] = 1,100,000 + (0.75 × 800,000)

                                      = 1,100,000 + 600,000

                                      = 1,700,000

Since expansion will decrease total cost, profit will rise ceteris paribus. So firm should expand.

7 0
3 years ago
When inventory costs are rising, a company may prefer to use the __________ method in the perpetual system in order to pay the l
mezya [45]

Answer:

LIFO (Last-in-last-out)

Explanation:

Last in last out is the method of inventory valuation where the unit that was added in inventory last would be sold first. In case, of rising prices, the unit added in inventory would cost more than the one added first. So, if LIFO is used in case of rising prices, cost of goods sold would be higher. If COGS is higher, income will fall, thereby reducing tax liability.

So, if the firm wants to pay lower taxes during price rise, it should opt for LIFO method to value inventory.

8 0
4 years ago
Generating ideas by comparing specific project practices or product characteristics to those of other projects or products insid
Ganezh [65]

Answer:

This process is known as Benchmarking

Explanation:

Benchmarking is the process of comparing business process and performance to the best practices from the other companies. The dimensions measured and compared are time, quality and cost.

This allows the organizations to improve the projects or plans or adapt the specific best practices with the aim of increasing the performance.

7 0
3 years ago
When studying for your driver's license exam, why is it better to deep process the information in the study booklet rather than
zhenek [66]

Deep processing is better because then you internalize the information.

Explanation:

Deep processing and Surface processing are both ways of retaining information and learning concepts.

<u>Surface processing is focused on retaining details and statistics. It helps with knowledge of specific facts but not as much with concept</u>s.

<u>For a driving license test, apart from a few essentials most of the learning has to be intuitive</u> and from the cognition of the person themselves, this only comes with a c<u>larity of concepts which can be achieved with deep processing.</u>

7 0
4 years ago
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