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earnstyle [38]
3 years ago
12

"at a certain driver's license testing station only 40% of all new drivers pass the behind-the-wheel test the first time they ta

ke it. a sample of 50 new drivers from a certain high school found that 36% of them had passed the test the first time. which of these numbers is a statistic?"
Business
1 answer:
RUDIKE [14]3 years ago
6 0
<span>The 36% of 50 drivers in a certain high school is a statistic. Statistics are taken from a sample of people, rather than the entire population. The '40% of all new drivers' is not a statistic, because its referring to all drivers at that station, not a sample.</span>
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Hyu Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of th
Free_Kalibri [48]

Answer:

The predetermined overhead rate for the recently completed year was $25.33

Explanation:

The formula to compute the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Total estimated manufacturing overhead = Estimated total fixed manufacturing overhead + estimated variable manufacturing overhead rate × estimated labor hours

= $1,230,440 + $3.12 × 55,400 hours

= $1,230,440 + $172,848

= $1,403,288

Now put these values to the above formula  

So, the rate would equal to

= $1,403,288 ÷ 55,400 hours

= $25.33

8 0
3 years ago
What are the two methods used to translate financial statements and how does the functional currency play a role in determining
laiz [17]

Answer:

The two methods of translating financial statements are the current rate method/closing rate method and the temporal method

Explanation:

Functional currency simply means the main currency used by a business. it could also be defined as the primary currency used in the economic environment in which a business operates as in where it generates most of its cash and also spends it

Functional currency determines to a large extent the method used in translation of financial statements. When there is no difference between local currency and foreign currency, current rate method is used and vice versa for temporal rate method

please find attached from Advanced Accounting

Hoyle, J., Schaefer, T., & Doupnik, T. (2015)

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The answer is a)True.....

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Shortage is _____.
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Correct answer: "<span>C. a situation in which quantity demanded is greater than quantity supplied"

Shortage is also referred to as excess demand - meaning that there is a greater demand than what there is to give. The opposite concept would be economic surplus.
</span>Example: when the need for food in a certain village is greater than what is supplied or produced in that village, there a shortage of food. 
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3 years ago
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Answer:

option:D

Explanation:

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3 years ago
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