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3 years ago

In the context of experimental research, the logic of random assignment is

1 answer:

3 0

The answer to this question is: <span>groups have equal and balanced composition.
</span>Which means that each groups in experimental research are not displaying the too mcuh difference in term of average characteristics.
This will make sure that the data that acquired during the research are stable and can be trusted (not affected by a special variance)

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Steinberg Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in bl

GenaCL600 [577]

Answer:

1. Regular models 24,000

Deluxe models 3,556

2.17.4354%

Explanation:

1. Computation for the number of regular models and deluxe models that must be sold to break even

REGULAR MODEL:

First step is to calculate the Contribution per unit using this formula

Contribution per unit=Contribution/No.ofunits

Let plug in the formula

Contribution per unit=$4,500,000/90

Contribution per unit=50

Now let calculate the Break even units using this formula

Break even units=Direct fixed costs/Contribution per unit

Let plug in the formula

Break even units=$1,200,000/50

Break even units=24,000

DELUXE MODEL:

First step is to calculate the Contribution per unit using this formula

Contribution per unit=Contribution/No.ofunits

Let plug in the formula

Contribution per unit=$4,860,000/18,000

Contribution per unit=270

Now let calculate the Break even units using this formula

Break even units=Direct fixed costs/Contribution per unit

Let plug in the formula

Break even units=960,000/270

Break even units=3,556

Therefore the number of regular models and deluxe models that must be sold to break even are:

Regular models 24,000

Deluxe models 3,556

2. Computation for the sales revenue that must be generated for the company to break even

First step is to calculate the Break-even sales -

Break-even sales = 16,290,000 + 2,160,000 + 1,280,000

Break-even sales = 19,730,000

Second step is to calculate the Contribution Using this formula

Contribution = Break-even sales - Variable costs

Let plug in the formula

Contribution = 19,730,000 - 16,290,000

Contribution = $3,440,000

Now let calculate the Contribution margin ratio using this formula

Contribution margin ratio=Contribution/Break even sales *100

Contribution margin ratio=$3,440,000/$19,730,000*100

Contribution margin ratio=17.4354%

Therefore the Contribution margin ratio is 17.4354%

7 0

3 years ago

At December 31 of the current year, Cart Company has a $16,000 Notes Receivable from a customer. Interest of 5% has accrued for

lyudmila [28]

Answer: $23,200 as total current asset for the period

Explanation:

Note Receivable has a value $16,000

Interest on Note = 5%

Accrued for 9 months

Yearly Interest accrued = 16,000*5%*12= 9,600

Interest for 9 months = 9600/12*9 = 7,200

Balance sheet Extract

Other Income

Int Accrued on Note Receivable $7,200

Current Asset

Note Receivable $16,000

Int Accrued on Note Receivable $7,200

Total Current Asset $23,200

6 0

4 years ago

Cormax Games is faced with uncertainty due to the large amount of downloadable, inexpensive games for smartphones and tablets th

Allisa [31]

Answer:

B) Using business intelligence to spot significant data that will increase sales

Explanation:

Business intelligence refers to technologies that analyzes big data and obtains useful information from it. That information is then used by the company to help in their decision making processes. optimize their business processes, discover any problems, improve efficiency, increase revenues and ultimately develop comparative advantages and core competencies over their competitors.

3 0

3 years ago

In the current period, Forward Co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units i

____ [38]

Answer:

$2.51 per unit

Explanation:

The computation of the cost per equivalent unit is shown below:

But before that the equivalent units is to be computed

Equivalent units = units completed + equivalents units in ending inventory

= 8,400 units + (13,200 units × 42%)

= 13,944 units

Now

Cost per equivalent unit = cost incurred ÷ equivalent units

= $34,980 ÷ 13,944 units

= $2.51 per unit

4 0

3 years ago

The Rye Corporation has provided the following information: Total sales were $1,240,000. Beginning net accounts receivable was $

kvv77 [185]

Answer:

The receivables turnover ratio of Rye is 20.21

Explanation:

The receivables turnover ratio of Rye is computed as:

Receivables turnover ratio = Net Sales / Average Accounts Receivable

where

Net Sales = Sales - Sales returns and allowances

Net Sales = $1,240,000 - $108,000

Net Sales = $1,132,000

Average Accounts Receivable = Beginning Net Accounts Receivable + Ending Net Accounts Receivable / 2

Average Accounts Receivable = $49,000 + $63,000 / 2

Average Accounts Receivable = $112,000 / 2

Average Accounts Receivable = $56,000

Putting the values above:

Receivables turnover ratio = $1,132,000 / $56,000

Receivables turnover ratio = 20.21

3 0

3 years ago