An electronic card that is directly connected to a checking account is known as

There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the pr

yulyashka [42]

Answer:

a) 0.0358

b) 0.0395

c) 0.1506

Explanation:

Number of clues "daily doubles" = 3

Determine the probabilities

<u>a) P(single contestant finds all three ) </u>

assuming event A= a returning champion gets the "daily double" in first trial

P(A) = 1/30 , P(~A) = 29/30

assuming event B = any player picks up "daily double" after the first move

P(B |~A ) = 1/3

hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90

<em>considering second round </em>

P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9

∴ P(single contestant finds all three ) = 29/90 * 1/9 = 0.0358

<u>B) P ( returning champion gets all three ) </u>

= (1/30 + 29/90 )* 1/9

= 32 / 810 = 0.0395

<u>c) P ( each player selects only one )</u>

P = 32/405 + 29/405

= 61 / 405 = 0.1506

7 0

3 years ago

Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricat

ivann1987 [24]

Answer:

Cost per equivalent unit Materials = $ 2.82

Cost per equivalent unit Conversion = $2.65

Explanation:

Richards Corporation

1) We first calculate the fifo equivalent units .

FIFO Equivalent units can be calculated by the following.

Particulars Units % of Completion Equivalent Units

Mat. Con. Costs Materials C. Costs

Transferred out, 366,000 100 100 366,000 366,000

Ending inventory, 39,000 30 15 11700 5850

Total Weighted Equivalent Units 377,700 371,850

Less

<u> Beginning Inventory: 98,000, 80% 20% 78,400 18000</u>

<u>FIFO Equivalent Units 299,300 353,850 </u>

2) We calculate the total costs

Direct Materials Conversion

Costs in beginning Work in Process -$55,200 $97,700

<u>Costs incurred in October - $844,050 $937,300. </u>

Total Cost $ 899250 1035,000

<u />

<u>3) In FIFO The cost per unit is based only on the current costs and current period unit productions.</u>

Materials = $844050/299300= $2.82

Conversion = 937,300 / 353,850 = 2.6488= $2.65

8 0

3 years ago

1. Almost all dissatisfied guests complain. Group of answer choices True False

aivan3 [116]

Answer:

1. Almost all dissatisfied guests complain.

FALSE, ONLY ABOUT 5-10% OF DISSATISFIED CUSTOMERS ACTUALLY COMPLAIN. SOMETIMES THAT RATIO IS EVEN LOWER DEPENDING ON THE INDUSTRY.

2. About 13 to 16 guests out of every 100 are purposefully out to scam us and get something for free.

FALSE

3. If you solve a guest problem efficiently, quickly, and delightfully...that guest may be even more likely to use your product or service again than if he or she ever had a problem in the first place.

TRUE, ABOUT 95% OF THE GUESTS WHOSE PROBLEMS WERE SOLVED IMMEDIATELY AND DELIGHTFULLY GENERALLY RETURN OR HAVE A VERY POSITIVE OPINION ABOUT THE HOTEL.

4. Dr. Ricci gave two examples of excellence in guest service from which organizations?

C) Publix, JetBlue

5. It is only likely for a guest to receive outstanding service at luxury brands. That's why Ritz-Carlton, Mandarin Oriental, Four Seasons, and others are the best at what they do.

FALSE

7 0

3 years ago

Schonhardt Corporation's relevant range of activity is 4,700 units to 10,500 units. When it produces and sells 7,600 units, its

kondor19780726 [428]

If 9,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to $19,000

<h3>What is a fixed cost?</h3>

A fixed cost is the portiion of production costs that does not vary within a relevant range. Since Schonhardt Corporation's relevant range of activity is <u>4,700 units to 10,500 units</u>, when it produces 9,500 units, its fixed cost does not change in total from when it produces 7,600 units.

<h3>Data and Calculations:</h3>

Relevant range of activity = 4,700 to 10,500 units

Average production and sales units = 7,600 units

Average costs per unit:

Direct materials $ 7.50

Direct labor $ 4.00

Variable manufacturing overhead $ 1.55

Fixed manufacturing overhead $ 2.50

Fixed selling expense $ 1.15

Fixed administrative expense $ 0.85

Sales commissions $ 0.95

Variable administrative expense $ 0.85

Fixed manufacturing overhead $ 2.50

Fixed selling expense $ 1.15

Fixed administrative expense $ 0.85

Total fixed costs per unit $4.50

Thus, if 9,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to $19,000 ($2.50 x 7,600).

Learn more about fixed manufacturing costs at brainly.com/question/25056982

8 0

2 years ago

Which of the following describe some functions of the scope of work (SOW)? (Select all that apply.)

Arlecino [84]

Answer:

SOW???????????

Explanation:

abc

3 0

3 years ago