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3 years ago

The Tasty Sub Shop Case:

Business

1 answer:

alex41 [277]3 years ago

3 0

The case of QHIC will have an accurate prediction but not the Tasty Sub Shop Case.

Explanation:

Simple Linear Regression Analysis is done to predict the trend of one variable in accordance with another independent variable. This concept does not account for multiple independent or interdependent factors in predictions.

Thus, the projections are accurate when there is only one factor involved to influence the Prediction.

This is so in the QHIC case as any household that spends more on home upkeep will be an ideal advertising target for the firm.

However, just the number of residents in the locality cannot ensure the profitability of a restaurant. competition from other restaurants, net income and eating habits of the locality must also be considered.

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a company has established 5 pounds of material j at $2 per pound as the standard for the material in its product z. the company

Neporo4naja [7]

Answer:

direct materials quantity variance = 520 Favourable

Explanation:

given data

material = $2 per pound

produced = 1,000 units

Actual Quantity of Material = 5200

cost = $9,880

to find out

direct materials quantity variance

solution

we get here Material Price Variance that is express as

direct materials quantity variance = ( Standard Cost - Actual Cost) Actual Quantity of Material .......................1

put here value we get

direct materials quantity variance = 2- $\frac{9880}{5200}$ × 5200

direct materials quantity variance = 520 Favourable

7 0

3 years ago

Roadway Corporation produces a special line of plastic toy racing cars. Roadway Corporation , produces the cars in batches. To m

r-ruslan [8.4K]

Answer:

the efficiency variance for variable overhead setup costs is $4,810 favorable

Explanation:

The computation of the efficiency variance for variable overhead setup costs is shown below;

= ((15,700 ÷ 265) × 4.25) × $45 - ((15,700 ÷ 325) × 3) × $45

= $11,330.6604 - $6,521.5384

= $4,809.12 favorable

= $4,810 favorable

hence, the efficiency variance for variable overhead setup costs is $4,810 favorable

4 0

2 years ago

assume bell computer company operates in a perfectly competitive market producing 5,000 computers per day. at this output level,

Agata [3.3K]

In a perfectly competitive market bell computers will cause profits to increase by producing one more.

A hypothetical market system is referred to as perfect competition. Perfect competition offers a valuable model for illustrating how supply and demand influence pricing and behaviour in a market economy, despite perfect competition seldom occurring in actual markets.

One of the most efficiently operating markets is one with perfect competition, when a large number of buyers and suppliers cooperate perfectly. Sadly, it is a hypothetical event that does not occur in the real world. But in order to guarantee a fair price for all goods and services, markets should strive to be as similar to this type of market as feasible.

Learn more about perfectly competitive market here:

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1 year ago

Psychologists are now often included on interdisciplinary healthcare teams to

Aliun [14]

Bring in the psychological aspects of healing and good health behavior for patients.

5 0

3 years ago

On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight

Darya [45]

Answer: c. $94,240

Explanation:

On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.

Note payable value = Present value of seven $20,000 payments

= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.

= 20,000 * 4.712

= $94,240

5 0

2 years ago