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yan [13]
3 years ago
9

For each of the pairs below, determine whether they are positively correlated, negatively correlated, or uncorrelated.a. Time sp

ent studying and test scores: Positively correlated, Negatively correlated, Uncorrelated.b. Vaccination and illness: Positively correlated, Negatively correlated, Uncorrelated.c. Soft drink preference and music preference: Positively correlated, Negatively correlated, Uncorrelated.d. Income and education: Positively correlated, Negatively correlated, Uncorrelated.
Business
1 answer:
KonstantinChe [14]3 years ago
4 0

Answer:

A. Positively Correlated ; B. Negatively Correlated ; C. Uncorrelated

Explanation:

Correlation is the mutual / similar change direction relationship between 2 variables .

If 2 variables change in same direction (one increase - other increase , one decrease - other decrease) , they are positively correlated .

If 2 variables change in opposite direction (one increase - other decrease , one decrease - other increase) , they are negatively correlated .

A. More time spent studying implies higher test scores & less time spent studying implies lower test score . So , they are positively correlated .

B. Vaccination (being protection from illness) increase implies less illness , if decrease implies more illness . So , they are negatively correlated .

C. Soft Drink & Music seem to have no logical mutual movement connectivity . So , they are Not Correlated / Uncorrelated .

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​(​Break-even point and selling price​) Specialty​ Steel, Inc. will manufacture and sell 190 comma 000190,000 units next year. F
ch4aika [34]

Answer:

a. Selling price per unit: $8.15

b. Pro forma income statement given selling price per unit is $8.15:

Sales revenue ( 8.15 x 190,000)                         $ 1,548,500

Variable cost   (60.6% x 1,548,500)                   $ (938,391)

Fixed cost                                                            $ (340,000)

EBIT                                                                      $270,109

=> Thus, at the selling price per unit at $8.15, the firm will achieved targeted EBIT                

Explanation:

Calculation for selling price per unit as below:

Targeted Sales Revenue = (Targeted EBIT + Fixed cost) / Contribution margin ration = ( 270,000 + 340,000 ) / ( 1 - 60.60%) = $1,548,223.35.

Tarted selling price per unit = Targeted Sales Revenue / Unit sold = 1,548,223.35 / 190,000 = $8.15 per unit.

3 0
3 years ago
8. Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of
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Answer:

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3 years ago
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Originally Mr. Pibb marketed itself as a direct competitor to Dr. Pepper. With sales lagging and the market interest dropping of
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Answer:

Positioning and then Repositioning

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Departmental information for the four departments at Samoa Industries is provided below.
AURORKA [14]

Answer:

Samoa Industries

1. The dollar amount of the Janitorial Department costs to be allocated to the:

a. Cafeteria Department = $75,000  

b. Cutting Department = $15,000

2. The dollar amount of the Cafeteria Department costs to be allocated to the:

a. Cutting Department = $93,750

b. Assembly Department = $31,250

Explanation:

a) Data and Calculations:

                  Total Cost   Cost Driver                    Square Feet   Number of

                                                                                                    Employees

Janitorial    $150,000    Square footage serviced        200             40

Cafeteria       50,000    Number of employees      20,000              12

Cutting      1,125,000                                                  4,000            120

Assembly  1,100,000                                                16,000              40

Allocation of Departmental Costs:

                         Janitorial     Cafeteria       Cutting      Assembly

Total Costs      $150,000     $50,000    $1,125,000  $1,100,000

Janitorial dept. (150,000)       75,000           15,000        60,000

Cafeteria dept.             0     (125,000)          93,750         31,250

Total allocated costs                              $1,233,750   $1,191,250

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