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defon
3 years ago
15

Caveman Clubs Inc. tested a new graphite golf club that they have developed, Model X-5. They did a series of experiments with go

lf pros and determined that the X-5 club increases average driving distance by 17%. The number 17% is A) qualitative data. B) quantitative data. C) the control variable. D) the independent variable.
Business
1 answer:
Ostrovityanka [42]3 years ago
4 0

Answer:

The Answer is B. Quantitative data

Explanation:

The testing on the golf club, determined a improvement in the driving distance and this was measured numerically and showed in form of a percentage in comparison with average measurements.

When the information is presented with numerical data support, we can say its a quantitative data, because it tells us "how much?".

When the information is presented just with adjetives, telling us about the performance its a qualitative data, because it tell us "how things happened?"

A control variable is the data that is going to modified in order to see changes is the independent variable. In this case, the control variable  could be the weight of the club (assumption), and the independent variable the driving distance data(not percentage).

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Morganton Company makes one product and it provided the following information to help prepare the master budget for its four mon
Ipatiy [6.2K]

Answer:

Morganton Company

1. Budgeting increases effective financial management while ensuring proper allocation of scarce resources.  It encourages planning for the future as well as improved business decisions.  It helps management to identify problems before they occur and to develop strategies for solving any problems that may arise.  With budgeting, the organization is in a better position to monitor its overall performance and ensure the achievement of its goals and objectives.  Finally, budgeting increases the motivation to achieve goals for both the management and individual employees.

2. The budgeted sales for July are $10,000.

3. The expected cash collections for July are $9,040.

4. The accounts receivable balance at the end of July are $6,000.

5. According to the production budget, the units produced in July are 1,040 units.

Explanation:

a) Data and Calculations:

Budgeted selling price per unit = $70

                                      June      July       August    September  

Budgeted unit sales     8,400   10,000    12,000       13,000

Cash Collections:

40% month of sale      3,360     4,000      4,800        5,200

60% month following                5,040      6,000        7,200

Total cash collections 3,360     9,040    10,800       12,400

Production costs:

                                      June      July    August    September

Ending Inventory        2,000     2,400     2,600

Cost of goods sold     8,400   10,000    12,000       13,000

Goods available        10,400   12,400    14,600

Beginning Inventory   1,680    2,000      2,400         2,600

Production costs        8,720   10,400    12,200

Unit cost of materials $10         $10          $10   ($2 * 5)

Units produced            872      1,040      1,220

Accounts receivable balance at July end:

June credit sales      $8,400

June cash collection  3,360

July 1 Beginning bal.  5,040

July credit sales       10,000

Cash collections       9,040

Ending balance        6,000

4 0
3 years ago
StuckinMyHouse book company is a boutique shop that produces a small selection of adult coloring books. The first quarter 2020 M
suter [353]

Answer:

<em>Labour rate variance  =    $260 favourable</em>

Explanation:

<em>The rate variance would be the difference between the standard labour cost of the 2,300 units sold and the actual labour cost</em>

Standard labour cost  (3600/1200× 2300)<em>      6,900</em>

<em>Actual labour cost                                             </em><u><em>6, 640</em></u>

<em>labour rate variance                                     </em><u><em>   $260</em></u><em> favourable</em>

The variance is favourable because the StuckinMyHouse book company saved $260 as a result of of his actual cost been less than the expected cost.

6 0
3 years ago
Carol Thomas will pay out $14,000 at the end of the year 2, $16,000 at the end of year 3, and receive $18,000 at the end of year
Fittoniya [83]

The net value of the payments vs. receipts in today's dollars is ($11,102).

<h3>What is the present value?</h3>

The present value of future cash flows is the current value or the value in today's dollars.  It is computed by discounting the future values at the appropriate discount rate.

The present value can be computed using the Present Value formula, an online finance calculator, or the PV factor table.

Formula

PV=FV \frac{1}{(1+r)^{n}}

PV = present value

FV = future value

r = rate of return

{n} = number of periods

<h3>Data and Calculations:</h3>

Interest rate = 12%

Period     Cash flow     PV Factor     PV

Year 2     ($14,000)       0.797        -$11,158 ($14,000 x 0.797)

Year 3    ($16,000)        0.712        -$11,392 ($16,000 x 0.712)

Year 4     $18,000        0.636         $11,448 ($18,000 x 0.636)

Net present value of cash flows   -$11,102

Thus, the net value of the payments vs. receipts in today's dollars is ($11,102).

Learn more about present value at brainly.com/question/20813161

4 0
2 years ago
Data that is based on natural language, such as social media posts, comments, e-mail messages and so
konstantin123 [22]
A. Semi Structure Data
8 0
3 years ago
Which of the following is true when an economy produces at full employment, but consumers, government, businesses, and the forei
Art [367]

Answer:

When an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

Explanation:

According to the Keynesian perspective, firms produce output only if they expect it to sell.

While the availability of the factors of production determines a nation’s potential gross domestic product (GDP), the amount of goods and services actually being sold, known as real GDP depends on how much demand exists across the economy.

Keynes termed a fall in the aggregate demand as a recessionary gap.

A recessionary gap refers to an economy operating at a level below its full-employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is lower than the level of full employment, which puts downward pressure on prices in the long run.

Thus, when an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

6 0
3 years ago
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