Answer:
Explanation:
Data given and notation
represent the sample mean
represent the standard deviation for the sample
sample size
represent the value that we want to test
represent the significance level for the hypothesis test.
t would represent the statistic (variable of interest)
represent the p value for the test (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to determine if the mean is lower than 5600, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
We don't know the population deviation, so for this case is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:
(1)
t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
Calculate the statistic
We can replace in formula (1) the info given like this:
Answer:
total amount of overhead applied = $265680
Explanation:
given data
Actual direct labor hours = 8200
overhead rate = 32.40 per DLH
to find out
total amount of overhead applied
solution
we will apply here formula for total amount of overhead applied that is
total amount of overhead applied = Actual direct labor hours × overhead rate ..................1
put here value in equation 1 we get
total amount of overhead applied = 8200 × $32.40
total amount of overhead applied = $265680
Answer:
Bond Price = $616.6938765 rounded off to $616.69
Explanation:
To calculate the quote/price of the bond today, we will use the formula for the price of the bond. Assuming the bond is a semi annual bond, the semi coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 1000 * 0.032 * 6/12 = $16
Total periods (n) = 16 * 2 = 32
r or YTM = 0.073 * 6/12 = 0.0365 or 3.65%
The formula to calculate the price of the bonds today is attached.
Bond Price = 16 * [( 1 - (1+0.0365)^-32) / 0.0365] + 1000 / (1+0.0365)^32
Bond Price = $616.6938765 rounded off to $616.69
Answer:
Sales, Purchases, Cash, Income Statement
Explanation:
The Budgeting Process Starts with determining the <em>Number of Units</em> that need to be <em>sold</em>.Then the <em>Production Budget</em> is prepared to determine the number of units which need <em>to produced</em> to meet the sales.Within the <em>production Budget</em> we can establish the amount of <em>Purchases</em> the firm need to make <em>to satisfy</em> <em>production</em>.A <em>Cash Budget</em> is then prepared to establish Balances of cash from inflows (sales budget) and outflows (purchases budget). then Lastly the Income Statement.
<span>the answer for this question is 10.50%</span>
