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Juliette [100K]

3 years ago

7

George owed keith $800 on a personal loan. neither the amount of the debt nor george's liability to pay the $800 was disputed. k

eith had also rendered services as a carpenter to george without any agreement as to the price to be paid. when the work was completed

1 answer:

Jlenok [28]3 years ago

3 0

It would be 770 answer

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Walton Boat Company makes inexpensive aluminum fishing boats. Production is seasonal, with considerable activity occurring in th

tangare [24]

Answer:

Total estimated cost $148,680

Fixed cost $20,680

Explanation:

Using the high-low method to estimate the amount of fixed cost that is incurred each month

Units Cost

High 207 153,160

LOW 38 45,000

Difference 169 108,160

Variable cost per unit= 108,160/169

Variable cost per unit= 640

Fixed cost = 153,160-207*640

Fixed cost = 20,680

Total estimated cost= 200*640+20,680

Total estimated cost=128,000+20,680

Total estimated cost=148,680

Therefore Total estimated cost will be $148,680 and Fixed cost will be $20,680

4 0

3 years ago

A bottling operation has a mean fill level of 10.01 ounces with a standard deviation of 0.25 ounces. Random samples of 20 bottle

MAVERICK [17]

Answer:

The upper limit is 10.1

The lower limit is 9.91

Explanation:

Given that:

The mean fill level (μ) = 10.01 ounces,

Standard deviation (σ) = 0.25 ounces

Number of sample bottles (n) = 20

The limits of the sample mean = 92% = 0.92

α = 1 - 0.92 = 0.08

$\frac{\alpha}{2}=0.04$

The z value of 0.04 is the same as the z value of 0.46 (0.5 - 0.04). From the probability distribution table:

$z_{\frac{\alpha}{2}}=z_{0.04} = 1.75$

The margin of error (e) is given by:

$e=z_{0.04}\frac{\sigma}{\sqrt{n} }=1.75*\frac{0.25}{\sqrt{20} } =0.1$

The upper limit = μ + e = 10.01 + 0.1= 10.1

The lower limit = 10.01 - 0.1 = 9.91

6 0

3 years ago

Gitano Products operates a job-order costing system and applies overhead cost tojobs on the basis of direct materialsused in pro

IgorLugansk [536]

Answer:

$3,400

Explanation:

The computation of predetermined overhead rate for the year is shown below:-

Predetermined Overhead Rate = Estimated Manufacturing Overhead ÷ Estimated Allocation Base × 100

= $119,600 ÷ $92,000 × 100

= 130%

2. The computation of the amount of underapplied or overapplied overhead for the year is shown below:-

Overhead Applied = (Opening Value of Direct Material + Purchase of Direct Material - Closing Value of Direct Material) × Predetermined Overhead Rate

= ($24,000 + $140,000 - $17,000) × 130%

= $147,000 × 130%

= $191,100

Overhead Incurred = $106,300 + $8,000 + $18,000 + $15,000 + $8,200 + $39,000

= $194,500

Underapplied overhead = $194,500 - $191,100

= $3,400

6 0

3 years ago

Explain why America has a debt problem.

kenny6666 [7]

Answer:

That's because as a country's economy grows, the amount of revenue a government can spend to pay its debts grows as well. In addition, a larger economy generally means the country's capital markets will grow and the government can tap them to issue more debt.

Explanation:

hope it helps

7 0

2 years ago

If Farmer Brown plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 5 bushels of wheat. If he

klasskru [66]

Answer: d. the production function is unrelated to the marginal product.

Explanation:

production function helps show the relationship between the quantity of inputs used in producing a goods or service and the quantity of output it produces. Example; a bag of seeds produces 5 bushels of seeds.

While marginal output is an increase in the output of the product, when input is when input is constant.

In this case production is in to marginal product.

3 0

3 years ago