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Aleonysh [2.5K]
3 years ago
5

An independent group wants to determine if the consumption of gasoline has increased due to changes in price. the group randomly

selects 320 gas stations from 12 different states and collects data from the month of the year when gas is the cheapest and from the month of the year when gas is the most expensive. the data shows no significant difference in gas consumption between the two months. in this example, what is the variable being studied
Business
1 answer:
Aleksandr [31]3 years ago
5 0
<span>The variable being studied is monthly gas consumption. This variable is often called the independent variable. This variable changes with average price of a gallon of gas. This variable would be considered the dependent variable.</span>
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When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by?
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When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by? Appliances have to be compliant with federal regulations. To check if a dishwasher is in compliance, a manager can make sure there are NSF seals or ANSI certifications on the dishwasher. 
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3 years ago
BMC is considering upgrading the sound systems in their theaters so that their patrons can get the full experience from surround
Luda [366]

Answer:

Fixed cost = $50,000

Marginal costs= $10,000

Explanation:

The costs of upgrading 12 screens = $170,000

The cost of upgrading 6 screens = $110,000

The difference between 12 screens At $170,000 and 6 screens at $110,000 represents the variable cost of 6 screens (12 - 6)

=$170,000 - $110,000 = 60,000

Variable costs for 6 screens = $60,000

Variable costs per screen = $60,000/ 6

=$10,000

Its cost $170,000 to upgrade 12 screens. variable costs per screen = $10,000

Fixed costs = $170,000 -( $10,000 x 12)

Fixed costs= $170,000 -$120,000

Fixed costs= $50,000

Marginal cost is the cost of upgrading one more screen, which is equivalent to variable costs for one screen

=$10,000

6 0
3 years ago
How to identify the significant accounts, disclosures, and relevant assertions in auditing long-lived assets?
RSB [31]

An account or disclosure is a vast account or disclosure if there's an inexpensive possibility that the account or disclosure should contain a misstatement that, personally or when aggregated with others, has a fabric impact on the financial statements, considering the risks of each overstatement.

On the subject of auditing balance sheet accounts, which includes lengthy-term property and liabilities, the important thing assertions that an auditor will test are lifestyles; rights and duties; completeness and valuation.

To be able to become aware of these risks, we carry out techniques such as subsequent: Discussions with key employees to gain knowledge of your employer and its environment. Discussions and walkthroughs achieved and documented over internal manipulation tactics. diverse analytical tactics.

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6 0
2 years ago
On February 20, services valued at $60,000 relating to the organization of a corporation were performed in exchange for 1,000 sh
Ganezh [65]

Answer:

Explanation:

The journal entry is shown below:

On February 20

Organization expense A/c Dr     $60,000

          To  Common Stock A/c $25,000       (1,000 shares × $25)

          To  Paid in capital in excess of par-Common Stock $35,000

(Being the organization expense is recorded and remaining balance is credited to the  Paid in capital in excess of par-Common Stock)

3 0
3 years ago
Place the steps to creating a budget in order:
bagirrra123 [75]

Answer:

1. Figure out your net income

2. Determine if you have enough income to cover all your expenses

3. make list of variable expense

4. make list of fixed expenses

5. adjust expense

done !

4 0
3 years ago
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