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Veronika [31]
1 year ago
10

The researcher takes a random sample of 250 corporate employees and finds the mean number of hours worked by employees was 47. i

n order to assess this evidence, we need to find:_________
Business
1 answer:
Anna35 [415]1 year ago
3 0

In order to assess this evidence, we need to find how likely it is that in a sample of 250 we will find that the mean number of hours per week worked by the corporate employees is as high as 47 if the true mean is 40.

<h3>What is hypothesis testing?</h3>

In hypothesis testing, in order to assess the evidence as true or not, we need to find out how likely it is to get data like those that are observed for any claim that is observed as true.

For example, regarding this question, there can be two hypotheses/ claims i.e.:

Claim 1: The average time of work for a full-time corporate employee per week is 40 hours.

Claim 2: The average time of work for a full-time corporate employee per week is more than 40 hours.

So, to find out if any of these claims are valid, research is done and the evidence is assessed by following the above-answered way.

To know more about how this calculation is performed, visit: brainly.com/question/13027180

#SPJ4

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State two ways by which hotels may promote sales during the off season​
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3 years ago
Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies m
zmey [24]

Answer:

Answer:

1. Overhead over applied= $521,000

2. Factory Overhead   Dr.     $ 521,000

Cost Of Goods Sold Cr.    $ 521,000

3. Work in Process,  (ratio)   $521,000 *    7%=  36,470

Finished Goods,              $521,000   *     19%=  98,990

Cost of Goods Sold       $521,000    *    74%=  385,540

Total                        $521,000     100%

4. Difference between the two CGS= $ 136,060

Explanation:

Predetermined Overhead  Costs $1,152,000

Estimated activity level of 72,000 machine-hours

Overhead rate= $ 1152,000/ 72,000= $ 16 per hour

Manufacturing overhead cost $551,000

Actual hours = 67,000

Overhead applied to WIP = 67,000 * 16= $ 1072,000

Overhead over applied= $ 1072,000 - $551000= $521,000

Part 2:

Factory Overhead   Dr.     $ 521,000

Cost Of Goods Sold Cr.    $ 521,000

The Cost of Goods Sold is credited and Factory overhead is debited.

Part 3:

Suppose the overhead is applied in the following ratio

Work in Process,  (ratio)   $37,520          7%   (37520/536,00*100%)

Finished Goods,              $101,840         19%      (101840/536,00*100%)

Cost of Goods Sold       $396, 640        74%     (396,640/536,00*100%)

Total                        $536,000     100%

The  overhead over applied  would be allocated in the following way applying the same ratio as determined above.

Work in Process,  (ratio)   $521,000 *    7%=  36,470

Finished Goods,              $521,000   *     19%=  98,990

Cost of Goods Sold       $521,000    *    74%=  385,540

Total                        $521,000     100%

Part 4:

Cost of Goods Sold ( overhead applied of $396, 640) $1,472,600

Less    Overhead   overapplied      $ 521,000

CGS = $ 951,000

Cost of Goods Sold (overhead applied to WIP & FG) $1,472,600

Less   Overapplied Overhead $ 385,540

CGS=  $ 1087,060

Difference between the two CGS = $ 1087,060- $ 951,000= $ 136,060

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A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 10% or down by 10%. The
butalik [34]

Answer:

Please see attachment

Explanation:

Please see attachment

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