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telo118 [61]
3 years ago
14

In some years, weather patterns have caused there to be few fish in local lakes, and anglers have gone elsewhere. also, invasive

carp are threatening the lakes and may someday cause fish stocks to drop indefinitely. how should these facts impact dave and betsy's planning? they should develop a crisis response plan in case of a bad weather report or a carp sighting. they should set measurable goals for room occupancy and measure results against those goals weekly. they should develop a contingency plan in case few anglers book rooms. they should get input from guests and staff to the goal-setting process and resolve any conflicts among their staff about how best to maintain high occupancy.
Business
1 answer:
Yakvenalex [24]3 years ago
3 0
Two problems are identified to cause few fish in the local lakes: <span><span>1)               </span>Weather patterns</span> <span><span>2) </span>Threat from invasive carps</span> <span><span>Dave and Betsy should consider both in their planning, so the best plan which will have an impact is  ‘</span><span>they should develop a crisis response plan in case of a bad weather report or a carp sighting”. </span></span>
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Coates Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T
andrew-mc [135]

Answer:

Selling price per unit= $233.87

Explanation:

Giving the following information:

Overhead:

Estimated overhead= $249,000

Variable manufacturing overhead= $3.80 per machine-hou

Estimated machine-hours= 30,000 machine-hours.

Job X784:

Number of units in the job 50

Total machine-hours 250

Direct materials $ 470

Direct labor cost $5,500

Selling price= 30% mark up

First, we need to calculate the predetermined overhead rate:

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

Predetermined manufacturing overhead rate= (249,000/30,000) + 3.8

Predetermined manufacturing overhead rate= $12.1 per machine hour

Now, we can determine the total cost of Job X784:

Total cost= 470 + 5,500 + (12.1*250)

Total cost= $8,995

Finally, the selling price per unit:

Unitary cost= 8,995/50= $179.9

Selling price per unit= 179.9*1.30= $233.87

8 0
3 years ago
Which of the following statements about the Arbitrage Pricing Theory (APT) are correct? Check all that apply. The APT maintains
Klio2033 [76]

Answer: The APT identifies all relevant factors that affect the realized returns on stocks.

Explanation:

Arbitrage pricing theory (APT) is an idea that has to do with the fact when the linear relationship between the macroeconomic variables and the expected return of an asset are analysed, such assets return can be forecasted.

In arbitrage pricing theory, several risk factors are used in determining prices. It also identifies all relevant factors that affect the realized returns on stocks.

4 0
3 years ago
An automobile battery manufacturer offers a 39/50 warranty on its batteries. The first number in the warranty code is the free-r
balandron [24]

Answer:

1)

If the manufacturer's assumptions are correct, it would need to replace 8.23% of its batteries free of charge.

Option a) 8.23% is the correct option

2)

the required standard deviation is 3.8

Option a) 3.8 is the correct answer

Explanation:

Given the data in the question;

mean μ = 44

standard deviation σ = 3.6

if a battery fails within 39 months of purchase, the manufacturer replaces the battery at no charge to the consumer. If the battery fails after 39 months but within 50 months

1)

If the manufacturer's assumptions are correct, it would need to replace_____ of its batteries free of charge

p( X < 39 ) = P( X-μ/σ < 39-μ/σ )

we substitute

= p( Z < ((39-44)/3.6 ))

= p( Z < -1.39 )

from standard normal table; p( Z < -1.39 ) = 0.08226 ≈ 0.0823

p( X < 39 ) = 0.0823 or 8.23%

Therefore, If the manufacturer's assumptions are correct, it would need to replace 8.23% of its batteries free of charge.

Option a) 8.23% is the correct option

2)

The company finds that it s replacing 9.34% of its batteries free of charge. It suspects that its assumption about the standard deviation of the life of its batteries is incorrect. A standard deviation of ______ results in a 9.34% replacement rate.

given that;

P( Z < x-μ/σ ) = 9.34%

⇒ P( Z < 39-44/σ ) = 0.0934 ----- let this be equation 1

now, from standard normal tables

∅( -1.32 ) = 0.0934   ---------- let this equation 2

so from equation 1 and 2

39-44/σ = -132

-5/σ = -1.32

σ  = -5 / - 1.32

σ  = 3.7879 ≈ 3.8

Therefore, the required standard deviation is 3.8

Option a) 3.8 is the correct answer

7 0
3 years ago
At December 31, 2020, Ivanhoe Corporation had a deferred tax liability of $26,800. At December 31, 2021, the deferred tax liabil
Tju [1.3M]

Answer:

$65,300

Explanation:

Ivanhoe's income tax expense = deferred tax liability 2021 - deferred tax liability 2020 + current tax expense 2020 = $42,800 - $26,800 + $49,300 = $65,300

A deferred  tax liability occurs when a corporation's income statement shows a certain amount following US GAAP, but the tax rules used by the IRS determine a different amount.

5 0
3 years ago
Resources are used efficiently in the sunhat market because when​ _______.    A. production is capital​ intensive, producer surp
Bad White [126]

Answer:

The correct answer is B

Explanation:

Resources are used efficiently in the sunhat market because when marginal social benefit equals marginal social cost, total surplus is maximized. Thus, From the given four options only the option B is the correct option.

MSC = Marginal Social cost

MSB = Marginal Social Benefit

It is becuase in the competitive market, the quantity that is supplied in the market in same to the quantity which is demanded.

6 0
3 years ago
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