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kipiarov [429]
3 years ago
6

Excel Memory Company can sell all units of computer memory X and Y that it can produce, but it has limited production capacity.

It can produce two units of X per hour or three units of Y per hour, and it has 4,200 production hours available. Contribution margin is $8 for product X and $7 for product Y.
Calculate contribution margin per production hour.

Business
1 answer:
koban [17]3 years ago
7 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Determine the type of bias involved. A local businessman is proposing a new sports stadium in a metropolitan area. He puts up bi
Rus_ich [418]

Answer: This is called <u>Self-interest bias</u>.

Explanation:

When someone is using this type of bias they are doing it for their own self interest. They will use all information gathered to use the information that will benefit themselves and their interests. This can be considered unethical in some types of businesses. The person using self interest bias will try to blame others for any failures that they may have. They may also refuse to take personal responsibility in any situation.

These  are three other types of bias;

  1. Selection bias
  2. Information bias
  3. Confounding

3 0
3 years ago
You are creating a portfolio of two stocks. The first one has a standard deviation of 20% and the second one has a standard devi
Drupady [299]

Answer:

23.56

Explanation:

Standard deviation of  the first stock (σ1) = 20%

Standard deviation of  the second stock (σ2) = 37%

The correlation coefficient between the returns (ρ) = 0.1.

Proportion invested in the first stock (W1) = 43%

Proportion invested in the second stock (W2) = 57%

The standard deviation of a two-stock portfolio's returns is given by

\sigma_{portfolio} = \sqrt{w_1^2\sigma_1^2+w_2^2\sigma_2^2+2w_1w_2\rho\sigma_1\sigma_2} \\\sigma_{portfolio} = \sqrt{0.43^2*0.2^2+0.57^2*0.37^2+2*0.43*0.57*0.1*0.2*0.37}\\\sigma_{portfolio} =0.2356=23.56\%

The standard deviation of this portfolio's returns IS 23.56%

8 0
3 years ago
What is the third step of effective communication?
pantera1 [17]
<span>The answer is letter C. 

The third step in communicating properly is to ask for feedback from the person you are talking to. This way you can inquire what are the reflections of the receiver to the message you conveyed. In this manner, you are openly learning to understand the exact situation you are talking about and it can also help in improving how you might convey your message the next time around. <span>
</span></span>
3 0
3 years ago
Read 2 more answers
John Grey owns Grey's Snow Plowing. In October, he collects $12,000 cash for 6 commercial accounts for which he will provide sno
mote1985 [20]

Answer:

The correct answer is Debit Unearned Plowing Revenue

Explanation:

Earlier the journal entry would be recorded as:

Cash A/c.................................................Dr    $4,000

    Unearned Plowing Revenue A/c..............Cr   $4,000

But the correct entry that should be recorded is:

Cash A/c.................................................Dr    $4,000

    Plowing Revenue Earned A/c..............Cr   $4,000

So, in order to pass the adjusting entry, we should debit the Unearned Plowing Revenue in order to reconcile or nill the same account by debiting.

4 0
3 years ago
On April 1, year 1, Mary borrowed $130,000 to re-finance the original mortgage on her principal residence. Mary paid 1 points to
Simora [160]

Answer:

Mary can deduct $1,300 in year 1 for her points paid.

Explanation:

a) Data and Calculations:

April 1, Amount borrowed by Mary to refinance the original mortgage on her principal residence = $130,000

Payment of 1 points to reduce Mary's interest rate from 7% to 6% amounts to 1% of $130,000 = $1,300.

b) Mary paying 1 points is beneficial to her since her interest cost is reduced from 7% to 6%.  This implies that her total finance cost at the end of the 30-year period will be reduced.

4 0
3 years ago
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