Answer: Performance Efficiency pillar
Explanation:
The performance efficiency pillar simply focuses on the efficient utilization of information technology and computing resources.
Some key topics that are involved in the performance efficiency pillar include choosing resource types, monitoring performance, and also maintaining efficiency as the business develops.
Answer:
Break-even point in units = 11 units
Explanation:
Given:
Rent per month = $150
Fixed charges per = $15
Variable cost = $5
Sale value = $20
Break-even point in units = ?
Computation of Contribution:
Contribution = Sale value - Variable cost
Contribution = $20 - $5
Contribution = $15
Computation of break-even point in units:
Break-even point in units = Fixed cost / Contribution
Break-even point in units = ($150 + $15) / $15
Break-even point in units = ($165) / $15
Break-even point in units = 11 units
Answer:
What was Thompson Company’s unadjusted bank balance on the bank statement?
Bank Balance 1275
Explanation:
Ending cash balance 950
Service charge -25
NSF Check 200
Deposit is in transit -300
Oustandings checks 450
Bank Balance 1275
Lockout happens when the management initiated the denial of employment during a labor dispute. This is the firm’s attempt to enforce terms of employment upon the group of employees. This is used by the company as a threat to force the unionized workers to accept the firm’s conditions such as lowering their wages.
Solution :
a). There are total 5 executives. Therefore the possible sample size of 2 is
= 10
So, there are 10 possible ways for selection of sample size of 2.
b).
Sample Samples of service length Sample mean
Snow, Tolson 20, 22 (20+22)/2 = 21
Snow, Kraft 20, 26 23
Snow, Irwin 20, 24 22
Snow, Jones 20, 28 24
Tolson, Kraft 22, 26 24
Tolson, Irwin 22, 24 23
Tolson, Jones 22, 28 25
Kraft, Irwin 26, 24 25
Kraft, Jones 26, 28 27
Irwin,Jones 24, 28 26
c). The mean and the standard deviation of the means of the sampling distribution is given by :
= 24
The variance of the sample means :
= 3
Therefore the standard deviation of the sample means is
= 1.732
d). The population means is given by:
= 24
Therefore, we can say that the mean of the sample means is a point estimate of the population mean.
