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3 years ago

The test manual reports a reliability coefficient (r) of .92, which means:

1 answer:

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In statistics, reliability refers to how consistent a measurement scale is overall. Measurement scales with high reliability scores would be able to produce similar results when tested with groups of samples similar to the initial testing conditions.

Reliability scores are measured through reliability coefficient which spans from 0.0 to 1.0. What a reliability coefficient of 0.92 means is (B) 92% of the variance in scores is explained by real differences.

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Subject: Accounting

prisoha [69]

Answer:

D) $1120

Explanation:

The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120

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3 years ago

Read 2 more answers

Osawa, Inc., planned and actually manufactured 200,000 units of its single product in 2017, its first year of operation. Variabl

kompoz [17]

Answer:

The correct answer is C.

Explanation:

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

We need to calculate the net operating income:

Sales= 120,000*40= 4,800,000

Total variable cost= (20 + 10)*120,000= (3,600,000)

Total contribution margin= 1,200,000

Fixed manufacturing costs= (600,000)

Fixed operating (nonmanufacturing) costs= (400,000)

Net operating income= 200,000

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3 years ago

Kelly Company sells its only product for $250 per unit. It has variable costs of $90 per unit. Annual fixed operating costs amou

zhuklara [117]

Answer:

the break even point in units is 120,000 units

Explanation:

The computation of the break even point in units is shown belwo:

= Annual fixed operating cost ÷ (Selling price per unit - variable cost per unit)

= ($19,200,000) ÷ ($250 per unit - $90 per unit)

= $19,200,000 ÷ $160 per unit

= 120,000 units

hence, the break even point in units is 120,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago

Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours

balu736 [363]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Estimated overhead= $285,600

variable manufacturing overhead= $2.70 per machine-hour

Estimated machine-hours= 42,000

Job A496:

Number of units in the job 20

Total machine-hours 80

Direct materials $910

Direct labor cost $1,820

First, we need to allocate overhead to Job A496:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (285,600/42,000) + 2.7

Estimated manufacturing overhead rate= $9.5 per machine hour

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 9.5*80= $760

Now, we can calculate the total cost:

Total cost= 910 + 1,820 + 760

Total cost= $3,490

Finally, we determine the unitary cost:

Unitary cost= 3,490/20= $174.5

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3 years ago

Essay of circular flow

Setler79 [48]

Circular flow is a model of economy in which major exchanges are showed as flow of money, food, goods, services and etc between economic agents. In circular flow, the flows of money and goods exchanges in a closed circuit but runs oppositely. Circular flow analysis is the basis of national accounts.

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3 years ago