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3 years ago

On their birthdays employees at a large company are permitted to take a 60-minute answer

Business

1 answer:

Dvinal [7]3 years ago

6 0

Answer:

Full question: On their birthdays, employees at a large company are permitted to take a 60-minute lunch break instead of the usual 30 minutes. Data were obtained from 10 randomly selected company employees on the amount of time that each actually took for lunch on his or her birthday. The company wishes to investigate whether these data provide convincing evidence that the mean time is greater than 60 minutes. Of the following, which information would NOT be expected to be a part of the process of correctly conducting a hypothesis test to investigate the question, at the 0.05 level of significance?

Answer: Since that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes.

Explanation:

From the given question let us recall the following statements:

Employees at a large company are permitted to take a 60-minute Lunch break instead of the 30 minutes.

Data was gotten from = 10 randomly selected company employees on the amount of time that each actually took for lunch on his or her birthday

Given that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes.

The company tries to investigate the data to know that the mean is greater than 60 minutes

the next step is to find the process of correctly conducting a hypothesis test to investigate the question, at the 0.05 level of significance

Therefore,

Since that the p-value is greater than 0.05, rejecting the null hypothesis and concluding that the mean time was not greater than 60 minutes.

Or

The P-value> 0.05

The mean time is not greater than 60 minutes

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Sue is a small business owner who often gives gifts to clients. She gives a $40 gift to her client, Mr. Smith, and his wife. Sue

PilotLPTM [1.2K]

Answer:

D) $801

Explanation:

Businesses can only deduct $25 per gift per client, in this case the client's wife is not an actual client, so Sue can only deduct $25 for the gift plus the wrapping expenses. She can also deduct the $400 spent in the calendars and the $370 watch.

Sue's total deductions = $25 + $6 + $400 + $370 = $801

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3 years ago

The master budget of Sheridan Company shows that the planned activity level for next year is expected to be 50000 machine hours.

barxatty [35]

Answer:

$1,350,000

Explanation:

Calculation to determine the total manufacturing overhead costs

First step is to calculate the Variable overhead

Variable overhead= $720,000 + $180,000 +$150,000

Variable overhead=$1,050,000

Second step is to calculate Unitary variable overhead

Unitary variable overhead= $1,050,000/50,000

Unitary variable overhead= 21

Now let calculate the total manufacturing overhead costs

For 60,000 units:

Total Manufacturing Overhead Costs = 21*60,000 + 90,000

Total Manufacturing Overhead Costs= $1,350,000

Therefore the total manufacturing overhead costs is $1,350,000

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2 years ago

Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in most of the United States. Customers order

podryga [215]

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Learn more about Sonic Corporation here:-

brainly.com/question/25583824

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1 year ago

Walmart is thinking about offering a 25% discount on a brand of shoes. If the elasticity of demand is two, then the discount wou

vitfil [10]

Elasticity of demand is a measurement used in economics to show how people respond and demand a product or service when nothing but the price changes.

If Walmart were to discount a shoe by 25% and the demand of the shoes is two pair, sales would increase by 50%. People are purchasing two pairs at this price and receiving 25% off of each pair.

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3 years ago

The following information is available regarding the total manufacturing overhead of Molsen Company for a recent four-month peri

Sonja [21]

Answer:

$198,000

Explanation:

Calculation to determine what the total manufacturing overhead estimated for August is

First step is to calculate the Variable element

Variable element=($198,000 - $153,000)/(110,000 - 80,000)

Variable element=$45,000/30,000

Variable element= $1.50

Second step is to calculate the Fixed element

Fixed element=$198,000 - ($1.50 x 110,000)

Fixed element=$198,000-$165,000

Fixed element = $33,000

Now let compute total manufacturing overhead

Total manufacturing overhead=$33,000 + ($1.50 x 110,000)

Total manufacturing overhead=$33,000+$165,000

Total manufacturing overhead= $198,000

Therefore Using the high-low method, compute total manufacturing overhead estimated for August is $198,000

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3 years ago