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Karo-lina-s [1.5K]
3 years ago
11

Which of the following statements about financial aid are true?

Business
2 answers:
user100 [1]3 years ago
6 0
<span>The truth about financial aid is D. Financial aid is available to community college students. The student financial aid is given to qualified students through government grants, educational loans, federal work-study programs, and scholarships from educational institutions or private agencies.</span>
crimeas [40]3 years ago
5 0

Financial aid is financial support given to individuals (students) who are furthering their education.

The support can be provided from donors, corporations, individuals, sponsors and the University itself.

Statement D is correct about financial aid: Financial aid is available to community college students. The other statements are not: A: Also private colleges offer financial aid. B: It does not have to be true that most sports team members will get financial aid. C: Every student can qualify for financial aid.

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Ethan Manufacturing Inc. produces floor mats for automobiles. The owner, Joseph Ethan, has asked you to assist in estimating mai
Lelu [443]

Answer:

Month       Maintenance      Machine     Equation       MAPE

                 costs                   hours          error (Abs.)

1                $2,750                1,840           $269            9.78%

2               $2,910                 1,920           $197             6.77%

3               $3,060                2,000          $135              4.41%

4               $3,170                 2,020            $47              1.48%

5               $<u>3,250</u>                <u>2,050</u>                0                 0%

6               $3,220                2,030             $8             0.25%

7               $3,160                 2,010            $46              1.46%

8               $3,000                1,990           $184             6.13%

9               $2,770                1,850           $260            9.39%

10             <u>$2,370</u>                <u>1,250</u>                  0                 0%

11              $2,380                1,450             $210           8.82%

12             $2,600                1,740            $309           <u>11.88%</u>

                                                                                    60.37%

variable cost per unit = (highest activity cost - lowest activity cost) / (highest activity units - lowest activity units) = ($3,250 - $2,370) / (2,050 - 1,250) = $880 / 800 units = $1.10 per unit

fixed cost = $3,250 – ($1.10 x 2,050) = $995

Cost model = $995 + $1.10X

2. Calculate the mean absolute percentage error (MAPE) for the cost equation you developed in requirement 1.

MAPE = 60.37% / 12 = 5.03%

5 0
4 years ago
Cameron is expected to produce 550 parts per day, but his machine is capable of only 480. He is also expected to supervise six w
Kisachek [45]

Cameron is expected to produce 550 parts per day, but his machine is capable of only 480. He is also expected to supervise six workers and make sure they have all the materials they need to perform their duties. Cameron is likely to experience <u>role overload.</u>

<u />

Role overload is a specific stressor that reflects the perception that the demands of a job role exceed an individual's resources (Eatough et al., 2011). Therefore, role congestion can lead to resource exhaustion. This is a phenomenon that can be understood through a COR lens.

Role overload occurs when a person plays multiple roles at the same time and does not have the resources to perform them. It can develop not only from being mentally overwhelmed but also from being overwhelmed with time.

For example, if an employee leaves the company, it may be necessary to temporarily expand the role of another employee to accommodate the absence of the absent employee.

<u />

<u />

Learn more about Cameron here: brainly.com/question/2049411

#SPJ4

7 0
2 years ago
A company uses the finite replenishment model to determine the optimal quantity to produce. There are days a year over which dem
SVEN [57.7K]

Answer:

16.1 days

Explanation:

Note: The full question is attached as picture below

Daily demand d = 520

Annual demand D = 520*250 = 130000

Setup cost S = $680

Production rate p = 875

Holding cost H = 0.25*25 = 6.25

Optimal order quantity Q

Q = \sqrt{2DS/H} \sqrt{p / p -d}

Q = \sqrt{(2*130000*680)/6.25}   \sqrt{875/875-520}

Q = 8350

Length of production run = Q/d

Length of production run = 8350/520

Length of production run = 16.05769230769231

Length of production run = 16.1 days

8 0
3 years ago
True or false: indirect costs should not be pooled unless they share a common cost driver
Pani-rosa [81]
I do believe this statement to be true
5 0
3 years ago
Read 2 more answers
Leslie is purchasing a car whose MSRP is $25,750. She has asked for an
CaHeK987 [17]
I think the answer is D because I took math all my school years and I’m smart.
4 0
3 years ago
Read 2 more answers
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