When a student chooses to study linguistics at a college then has to choose an academic major subject.
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What is an academic major?</h3>
An academic major is referred to as a specialization an individual to choose in which he is looking for expertise or career during the college duration.
These major subjects reflect that the student will gain knowledge and developed skills by reading the subject and can utilize it in the future. This will also help to determine the interest of an individual.
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Answer:
e. Liabilities Net Income
Overstated No Error
Explanation:
Unearned Revenue is a liability account that is used to record revenue that the business has received but not yet earned because the goods and services have not yet been provided. By crediting Accrued revenue to this account, it increases it when it is not supposed to so Liabilities are overstated.
Accrued Revenue go to the Accounts Receivable section of the balance sheet to indicate that the business is owed for goods or services provided and so have nothing to do with Net Income so there is no error there.
Answer:
Consider the following calculations
Explanation:
1. No price discrimination.The shop is not charging different price for different quantities.
2. Price discrimination as only last minute tickets can be purchased as a discounted price and are only for seats not to be sold at the performance day.
Answer:
(a) the optimal production run quantity (Q) = 633
(b) the total annual inventory cost (AHC AOC) = $ 3,162.28
(c) the optimal number of production runs per year = 7
(d) The run length (production run time) = 16 days
Explanation:
(a) the optimal production run quantity (Q).
optimal production run quantity = √(2×Annual Demand×Setup Costs) / Holding Costs
= √(2×4000×$250)/ $5
= 633
(b) the total annual inventory cost (AHC AOC).
total annual inventory cost = Setup Costs + Holding Costs
= 4,000/633×$250+633/2×$5
= $1,579.78+$1,582.50
= $ 3,162.28
(c) the optimal number of production runs per year.
number of production runs per year = Total Demand / optimal production run quantity
= 4,000/633
= 7
(d) The run length (production run time).
production run time = optimal production run quantity / produce
= 633 / 40 cakes
= 16 days
<u>Answer:</u>
<em>An</em><em> appliance manufacturer</em><em> gives a warranty, and 95 percent of its appliances do not require repair before the warranty expires. An </em><em>organization buys</em><em> 10 of these appliances. The interval that contains 95.44 percent of all the appliances that will not require repair is (8.12, 10.88)</em>
<u>Explanation:</u>
Here we can calculate the confidence<em> interval for a proportion </em>of 0.95 and a sample size of 10. Note that the critical value for 95.44% confidence is 1.9991.
Between 81.22% and 108.78% of 10 units is 8.12 and 10.88 units. Therefore the <em>confidence interval is:(8.12, 10.88).</em>
