Answer:
The answer is below
Explanation:
A What is the probability that all 4 selected workers will be the day shift?
B What is the probability that all 4 selected workers will be the same shift?
C What is the probability that at least two different shifts will be represented among the selected workers.
A)
The total number of workers = 10 + 8 + 6 = 24
The probability that all 4 selected workers will be the day shift is given as:


B) The probability that all 4 selected workers will be the same shift (
) = probability that all 4 selected workers will be the day shift + probability that all 4 selected workers will be the swing shift + probability that all 4 selected workers will be the graveyard shift.
Hence:

C) The probability that at least two different shifts will be represented among the selected workers (
)= 1 - the probability that all 4 selected workers will be the same shift(
)

Here, we are decide the best option between making the part or buying the part.
a. Make or Buy Analysis
Particulars Make amount Buy amount
Direct Materials $4.50
Direct Labor $1.00
Overhead (80% of Direct Labor) $0.80
Cost to buy <u> </u> <u>$4.70</u>
Cost per unit <u>$5.70 </u> <u>$4.70</u>
Cost Difference = $5.70 - $4.70
Cost Difference = $1.00
Therefore, the cost difference of making amount over buying amount is $1.00.
b. Because of the difference, Beto should buy the part because its cost is lesser than to make the part.
Therefore, the buying of the part is the best decision.
See similar solution about Analysis
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Answer:
Non-controlling interest in net income decreased would have by $6,000
Explanation:
The computation of net income is shown below:-
Profit on Intra-Entity Sales = Revenue - Cost of goods sold
= $200,000 - $140,000
= $60,000
Profit on Intra-Entity Sales × 25% still in Ending Inventory
= $60,000 × 25%
= $15,000
Adjustment to Net Income × 40% for Non-controlling Interest
= $200,000 × 25% × 30% × 40%
= $6,000
Net profits will go decline by $6,000
Answer:
c. feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.
Explanation:
Russel made a choice to study for an hour instead of playing basketball. When making choices people weigh the benefits of an action against its opportunity cost.
Opportunity cost is the forgone alternative when we choose to do something.
In this instance Russell chose to study and the opportunity cost was to enjoy playing a basketball game.
For him to choose to study it means he saw the benefit of reading to be greater than the marginal cost of playing basketball. So he chose the most beneficial activity for him.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Option 1: they can pay Sadie $5 per haircut plus 20% of their revenue.
Option 2: they can pay a flat chair rental of $1,000 per month.
The hairdressers charge their customers $40 per haircut.
Option1= 5*cut + 8*cut= $13 per cut
Option 2= $1000
1000= 13x
77=x
77 haircuts.