Answer: 
Explanation:
If r is the number of successes out of n trials , then the sample proportion of success = 
For binomial experiment , if the population probability of success p on a single trial is not given , then the best point estimate for probability of success p on a single trial is the sample proportion of successes.
i.e. a point estimate for the probability of success p on a single trial :
Hence, a point estimate for the probability of success p on a single trial =
<span>in the long run we would expect this tax cut to </span>C. increase the level of real GDP.
Tax cut will give the private sectors more resources to either increase the number of employees or buy materials for production.
Either decision will lead to an increase in overall productivity which will contribute to additional Gross Domestic Products.
Answer:
d. all of the answers are correct
Explanation:
Cost allocation is being done:
1) to influence management behavior and thus promote goal and managerial effort,
2) to measure inventory costs and to know of goods sold on a product or project,
3) to justify cost (e.g to justify an accepted bid).
For example, if you are to determine the amount of electricity consumed at a particular period, the number of units consumed determines the total cost to be paid for the electricity consumed. In such an instance, the number of units of electricity consumed is a Cost Driver.
A cost driver is the most appropriate way of calculating or determining a specific cost.
Variable cost drivers can come in the form of hourly costs, costs per unit, or batch costs, among others.
Cost drivers can be fixed costs, such as in the case of set-up costs.
Answer:
The amount of Depreciation Expense for the equipment used in the business is $1,700
Explanation:
In order to calculate the amount of Depreciation Expense for the equipment used in the business we would have to make the following calculation:
amount of Depreciation Expense for the equipment used in the business= Adjusted Trial Balance-Unadjusted Trial Balance
amount of Depreciation Expense for the equipment used in the business= $ 9,400-$7,700
amount of Depreciation Expense for the equipment used in the business= $1,700
The amount of Depreciation Expense for the equipment used in the business is $1,700
