Answer:
See below
Explanation:
10000-1000=9000 to be depreciated
9000/5=1800 annual depreciation
journal entry:
depreciation expense. 1800 (debit)
Accumulated depreciation. 1800 (credit)
to record annual depreciation
Answer:
Therefore Expected Value of the information = $65,000+$62,000 - $10,000 = $117,000
Explanation:
If the market research survey is available for $10,000.
Using a decision tree analysis, it has been found that the expected monetary value with the survey is $65,000. The expected monetary value with no survey is $62,000.
<u>Then the expected value of the information from this sample is the expected value of each outcome and deducting the costs associated with the decision</u>
Therefore Expected Value of the information = $65,000+$62,000 - $10,000 = $117,000
Answer:
The answer is option C) Sampling Bias
Explanation:
A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to support that hypothesis, so she must guard against observer bias
Observer bias is the tendency to allow how we feel or what we expect influence what we see.
As a researcher conducting observations to test her own hypothesis, it is possible that she may feel or think a certain way that will influence her observation.
knowledge of observation bias and how to guard against it will help her eliminate such error.
Answer:
Option B is the correct answer.
Explanation 1:
The Break-even point will decrease because higher number of contribution is earned which will cover the cost of the fixed costs or period cost of the firm. If the company has a range of products and wants to decrease the breakeven point then it will have to increase the sales of products that have greater contribution margins per unit (required that there are no limiting factors that limits the production of units).
Explanation 2:
This can also be explained from the following formula:
Breakeven point = Fixed cost / W.Avg. contribution per unit
If the Weighted average contribution per unit is greater which is only possible if the share of the a unit with greater contribution per unit increases in the existing sales mix, then the breakeven point will decrease (denominator increases then the answer would decrease-mathematics).
Hence the option B is the correct answer.
