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Dahasolnce [82]
3 years ago
8

A local club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distribu

ted with a mean of 100 and standard deviation of 20, trees cost $20 to buy, sell for $50, and have no salvage value at the end of the month, what is the optimal service level?
Business
1 answer:
Ierofanga [76]3 years ago
8 0

Answer:

.60

Explanation:

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Gilson Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and
Ann [662]

Answer:

a. $2,020 Favorable

Explanation:

The computation of spending variance for direct materials in April is shown below:-

For computing the spending variance for direct materials in April first we need to find out the actual price per unit which is here below:-

Actual price per unit = Actual direct material ÷ Actual units purchased

= $49,086 ÷ $5,060

= $9.70

Spending variance for direct materials in April = (Actual price per unit - Standard price per unit) × Actual quantity

= ($9.70 - $10.10) × 5,060

= -$0.4 × 5,060

= $2,024 Favorable

which is closest to $2,020 Favorable.

3 0
3 years ago
A company has preferred stock with a current market price of $18 per share. The preferred stock pays an annual dividend of 4% ba
scZoUnD [109]

Answer:

Answer:

Dividend (D) = 4% x $100 = $4

Current market price (Po) = $18

Flotation cost (FC) = $1.50

Tax rate (T) = 40% = 0.40

Kp =   <u> D </u>

       Po-FC

Kp =   <u>  $4 </u>

        $18-$1.50

Kp = <u>$4 </u>

      $16.5

Kp = 0.24 = 24%

Explanation:

Cost of preferred stock equals dividend divided by the difference between current market price and flotation cost. Cost of preferred stock is not tax deductible.

3 0
3 years ago
Typical ____________ data include gender, income and geographic region.
Simora [160]
Typical demographics data include gender, income and geographic region.
4 0
3 years ago
A test contracting firm has agreed to create a three part social studies test intended to measure sixth graders knowledge of geo
sertanlavr [38]

Answer: <em>Internal consistency</em>

Explanation:

In discipline such as research and statistics, internal consistency is referred to as or known as typically or usually a measure that is based on correlations in between different variable and items particularly on a same test or maybe on sub-scale on the larger test. It tends to measure whether variables and items that measure same construct do produce the similar scores.

6 0
3 years ago
Read 2 more answers
What is the most acceptable and easy way to revise a budget to allow for the purchase of a new couch? Cancel renters' insurance.
Aleksandr-060686 [28]

Answer:

cook dinners at home instead of going out to eat

7 0
3 years ago
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