I think some options would have helped in answering this question. I am answering the question based on my knowledge and research. The kind of penalty that the company can expect is a civil penalty up to $10000 for each violations made. I hope that this is the answer that has actually come to your help.
Answer:
Qualitative data
Explanation:
Qualitative data is one that is used to characterise and categorise attributed of a population, as such it does not involve the use of numbers.
For example sex, state of origin, citizenship, name, and so on.
On the other hand the other options can be expressed as numbers. That is Personal Information, Target Market Data, and Quantitative data.
Basically qualitative data is descriptive rather than quantitative
Answer:
New irr = 8.03%(Approx)
Project should be rejected
Explanation:
Given:
Initial value = $148,400
Cash flows;
$42,500
$87,300
$43,200
Internal rate of return = 11%
Computation:
present value = Present value of outflows
148,400 = 42,500/(1+x) + 87,300/(1+x)² + 43,200/(1+x)³
So,
New irr = 8.03%(Approx)
New irr < Internal rate of return
So,
Project should be rejected
Answer:
The standard labor hours = $2,340
Explanation:
Standard (Budgeted) production volume = 1000 trivets
Standard direct labor hours = 2,600
This means that:
1000 Trivets = 2,600 hours
∴ 1 Trivet = 2,600 ÷ 1,000 = 2.6 hours
Therefore, standard hours for 1 Trivet = 2.6 hours
Actual production volume in May = 900 units
Since we know the standard labor hours for production of 1 Trivet, the standard hours allowed in May is calculated as follows:
1 Trivet = 2.6 hours
∴ 900 Trivets = 2.6 × 900 = 2,340 hours
∴