Answer:
(a) Given that a chip passes the test, what is the probability that it is a good chip?
LetB = {the chip is good}
A={the chip passes the cheap test}.
Bc={the chip is bad}
Ac={the chip fails the cheap test}
P(A | B) = 1
P(A | B
c
) = 0.075
= = ≈ 0.9751
(b) If the company sells all chips that pass the cheaper test, what percentage of sold chips will be bad?
P(B
c |A) = 1 − P(B | A) = 1 - 0.9751 = 0.0249
Answer:
The cost of units completed this period is $ 350,000
Explanation:
<u><em>Units Out of the Process Were:</em></u>
Finished Goods = 50,000
Ending Work In Progress = 2500
<u>1.) Finished Goods Equivalent Units</u>
Materials : Finished Goods are 100% complete in terms of materials hence 50000 equivalent units
Conversion : Finished Goods are 100% complete in terms of conversion costs hence 50000 equivalent units
<u> 2.) Cost of units completed Units</u>
Materials : 50000 × 5.75 =287500
Conversion : 50000×1.25 =62500
Total = 287500 + 62500 = $ 350,000
<em>*Note Ending Inventory is not relevant for this question</em>
<u />
Expensive and time consuming, it is important to figure out beforehand exactly what problem needs to be solved.
Research expense must be budgeted before it is incurred so that the cost is available to be borne by the company.
<h3>What is research?</h3>
Research is expense carried by the company to develop a new product if the research meet the criteria it is capitalize as intangible and it will be amortize over its useful life once the development is available for use otherwise it will expense out in profit and loss statement.
#SPJ12
Learn more about research brainly.com/question/27899054
Answer:
D) cause the quantity demanded to exceed the quantity supplied of rental housing.
Explanation:
A price ceiling is a binding government regulation in which it puts a cap on the price landlords can charge tenants to rent their properties. If this happens, there could be a rapid significant increase in the demand of apartments. This would lead to excess demand that the existing supply cannot meet , creating a shortage. The property owners may also choose to not rent their apartment at that lower price driving the supply even lower.