A 53 year old new patient was seen today for a level 2 visit.

Class ________ are the number of observations for each class of a frequency distribution using grouped quantitative data.

Evgesh-ka [11]

Answer: it's frequencies

Explanation:

3 0

3 years ago

The Talbot Corporation makes wheels that it uses in the production of bicycles. Talbot's costs to produce 110,000 wheels annuall

Anna [14]

Answer:

Indifferent Purchase price per wheel = $123,200/110,000 = $1.12

Explanation:

Provided that:

Number of wheels produced: 110,000

Cost for these wheels in case of manufacturing

Direct Material = $22,000

Direct Labor = $33,000

Variable Manufacturing Overhead = $16,500

Fixed Manufacturing Overhead = $59,000

Total Cost = $130,500

Rate of outside supplier = $0.80

Then total cost in case of purchase = Purchase cost + Unavoidable fixed cost - Rent Revenue

= $0.80 $\times$ 110,000 + ($59,000 - $14,000) - $37,700

= $88,000 + $45,000 - $37,700

= $95,300

since net effect of buying the wheels is a gain of $130,500 - $95,300 = $35,200

Thus the wheels shall be bought and not manufactured.

The price at which the buying and manufacturing option will be indifferent shall be:

Purchase Price + Unavoidable Fixed Cost - Rent Revenue = Manufacturing cost

Purchase Price + $45,000 - $37,700 = $130,500

Purchase Price = $123,200

Purchase price per wheel = $123,200/110,000 = $1.12

7 0

3 years ago

According to its original plan, Benson Consulting Services Company plans to charge its customers for service at $135 per hour in

levacccp [35]

Answer:

See budget below

Explanation:

A flexible budget is that which is prepared for different level of activities. It suitable for a situation where there exist a lot of possible scenarios. It is usually prepared using the assumptions of a static budget

The flexible budget would be prepared as followed:

Consulting Services Company

Flexibe budget for 2018

Activity level (hrs) 48,000 52,000 56,000

$'000 $'000 $'000

Sales revenue ($135/hr) 6,480 7,020 7,560

Variable cost (1920) ( 2080) (2240)

Contribution 4,560 4,940 5,320

Fixed costs (1,310) (1,310) (1,310)

Profit 3,250 3,630 4,010

7 0

3 years ago

Many companies secure financing from various sources with various payback periods. Not all funding sources are the same, and in

Mars2501 [29]

Answer:

a. Line of credit - Long-term strategy

A line of credit is a long-term strategy because businesses obtain lines of credit for their use over long periods of time. The particular characteristic is that a line of credit is only used when the business decides to do so, so it works almost like a credit card.

b. Commercial paper - Short-term strategy

Commercial paper is a short-term debt that is issued by firms when they have problems to pay operating expenses. They are unsecured, and pay a specific amount of interest.

c. Trade credit Bank loan of 10 months - Short-term strategy

In financial accounting, loans that last for less than a year are categorized as short-term liabilities, therefore, a trade credit bank loan of 10 months is a short-term strategy.

d. Bond - Long-term strategy

While some bonds are issued for the short-term, the majority of them are issued for the long-term, with some of them lasting 10 years or more.

e. Stock - Long-term strategy

Buying or issuing stock is also a long-term strategy, specially because the dividend of the stock is only paid out once every year, unlike other debt instruments that pay interest immediately.

f. Bank loan of 20 months - Long-term strategy

A bank loan of more than 1 years is considered a long-term liability in financial accounting, therefore, a bank loan of 20 months is part of a long-term strategy.

3 0

3 years ago

One of the unique services provided by San Francisco's St. Francis Hotel is cleaning and polishing coins (pocket change) for the

Viefleur [7K]

Answer:

From the standpoint of hotel management, this "money laundry" should be viewed as: both a cost center and a profit center

Explanation:

A profit center is a branch or division of a company that is expected to add to the entire profitability of that company.

A cost center does not costs the organization money to operate and does not add profit directly to the company.

However, it can contribute to profit indirectly by enhancing the company's operational excellence, customer service, and general service delivery.

Cleaning and polishing coins (pocket change) for the guests as a unique service could come as a perk that makes San Francisco's St. Francis Hotel a preferable hospitality center.

Even though it costs to maintain the money laundry, the hotel can carefully increase the general rates to include the additional cost.

3 0

3 years ago