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Nataliya [291]
3 years ago
12

Locate the values of SSE, s2, and s on the printout below.

Business
1 answer:
mylen [45]3 years ago
7 0

Answer:

SSE = 1678.115; s2 = 139.843; s = 11.826

Explanation:

Consider the following formulas:

SSE: This value provides a measure of how well the line of best fit approximates the data set.

S^2: The variance is mathematically defined as the average of the squared differences from the mean

S: is the expectation of the squared deviation of a random variable from its mean.

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In a perpetual inventory system: Multiple Choice Merchandising transactions are recorded as they occur. No effort is made to rec
lord [1]

Answer:

In a perpetual inventory system:

<em>1)Merchandising transactions are recorded as they occur</em>

<em>3) Entries are made in the Cost of Goods Sold account whenever merchandise is purchased or sold</em>

<em>4)The need to take physical inventory is eliminated</em>

Explanation:

In a perpetual inventory system: Merchandising transactions are recorded as they occur.

In periodic system :No effort is made to record the Cost of Goods Sold until year-end. Entries are done at the year end.

In a perpetual inventory system:Entries are made in the Cost of Goods Sold account whenever merchandise is purchased or sold. Costs are assigned to the cost of goods sold each time a sale occurs in a perpetual inventory system.

In a perpetual inventory system:The need to take physical inventory is eliminated.But still it is done to assure the ending inventory.

In periodic system : the physical count cannot be eliminated.

8 0
3 years ago
If a company's stock price (P0) goes up, and nothing else changes, Ke (the required rate of return) should
statuscvo [17]

Answer:

It should go down..........

6 0
2 years ago
Concord Corporation can produce 100 units of a component part with the following costs: Direct Materials $21000 Direct Labor 550
Marina86 [1]

Answer:

If Concord Corporation purchase from outside it total cost will increase by $4500.

Explanation:

Cost of producing the units using current production:

Direct Material Cost                  $21000

Direct Labour Cost                     $5500

Variable Overhead Cost            $19000

Total Cost of Production           $45500

So, Purchase cost minus production cost

Gives $50000 - $45500 increase in cost purchase over production by $4500

Note:

Fixed cost is irrelevant for Concord Corporation either purchase or produce it will remain same.

4 0
3 years ago
The following cost data relate to the manufacturing activities of Chang Company during the just completed year:
aleksandrvk [35]

Answer:

cost of goods manufactured= $890,000

Explanation:

Giving the following information:

Applied Overhead= $485,000

Other costs incurred:

Purchases of raw materials (both direct and indirect) - $400,000

Direct labor costs - $60,000

Inventories:

Raw materials, beginning - $20,000

Raw materials, ending - $30,000

Work in process, beginning - $40,000

Work in process, ending - $70,000

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 20,000 + (400,000 - 15,000) - 30,000

Direct material used= 375,000

I deduct the indirect material included in manufacturing overhead.

cost of goods manufactured= 40,000 + 375,000 + 60,000 + 485,000 - 70,000

cost of goods manufactured= $890,000

7 0
3 years ago
The national-level advisors of CTSOS
Inessa05 [86]

Answer: Students

Explanation:

The National Coordinating Council for Career and Technical Student Organizations (CTSO) advocate for the values that the Career and Technical Education (CTE) curriculum instills in students.

In association with the Association for Career and Technical Education (ACTE), the CTSO work to instill career skills to students in middle school, high school, and post-secondary institutions such as Business, Health science, Information Technology and Finance amongst others.

CTSOs such as Educators Rising and Business Professionals of America encourage and support CTE programs for their members which also has a Federal Support of $1.1 billion.

5 0
2 years ago
Read 2 more answers
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