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Musya8 [376]
4 years ago
6

Static and flexible budgets are similar in that: Multiple Choice

Business
1 answer:
KengaRu [80]4 years ago
7 0

Answer:

The correct answer is letter "B": They both are based on the same per unit variable amounts and the same fixed costs.

Explanation:

Static budgets are estimates that use the same fixed cost amounts, while flexible budgets change the number of fixed costs at different levels of production. However, both of them use the same per unit variable amounts as well as the same fixed costs in the manufacturing process.

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The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams) and a box of six
joja [24]

Answer:

A) ≈ 3.509 grams

B) The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( NO )

c) 1.051 ounces

Explanation:

A) The largest standard deviation ( in grams)

This can be calculated applying the capability index formula and according to the capability index formula the value at which a process is capable is at  : 1.33

hence the largest standard deviation =  upper limit - lower limit / 6 * 1.33

 ( 354 - 326 ) / 7.98 = 3.5087 ≈ 3.509 grams

B) we first calculate the process mean and std of the box

standard deviation = \sqrt{variance }

std of the six-bar box = \sqrt{6*0.86^2}  = 2.106

process mean = 6 * ( 1.03 * 28.33) = 175.079

the mean is not centered between the upper specification and the lower specification hence we will apply the formulae used in calculating the capability index for an uncentered process

Cpk = (upper value - process mean) / (3 * std of box),

         = (187 - 175.079) / ( 3 * 2.106) = 11.921 / 6.318 = 1.89

Cpk =  (process mean -  lower value ) / (3*std of box)

       = ( 175.079 - 153 ) / (3 * 2.106) = 22.079 / 6.318 = 3.49

The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( N0 )

c ) lowest setting

calculate the value of the mean using capability index of 1.33

Cpk = (upper value - mean ) / 3 * std

mean = 187 - 1.33 * 3 * 2.106

           = 187 - 8.40 = 178.60 grams

Cpk = ( process mean - lower value ) / 3 * std

 mean = 1.33 * 3 * 2.106 + 153

            = 8.40 + 153 = 161.40 grams

the lowest setting in ounces

= 178.60 / ( 6 bar * 28 .33)

= 178.60 / 169.98 = 1.051 ounces

5 0
3 years ago
An investor purchased on margin Orange Computer for $30 a share. The stock's price subsequently increased to $50 a share at whic
kicyunya [14]

Answer:

A. 104%

B. 66.7%

Explanation:

A. Calculation for what would be the percentage return earned

Percentage return =($50-$30-30*60%*7%)/30*60%

Percentage return(20-$18*.07)/18=

Percentage return=1.04*100

Percentage return=104%

Therefore what would be the percentage return earned is 104%

B. Calculation for What would have been the return if the investor had notbought the stock on margin

Percentage return=($50-$30)/$30

Percentage return=$20/$30

Percentage return=66.67 %

Percentage return=66.7% Approximately

Therefore What would have been the return if the investor had notbought the stock on margin is 66.7%

7 0
3 years ago
A consultancy firm that provides a wide range of services relating to tax payments and tax law is known for performing these ser
Morgarella [4.7K]

Answer:

The correct answer is d. reliability .

Explanation:

The level of reliability is widely recognized by the market, based on successful experiences in the provision of consulting services by this company. This means that many clients have placed their trust and received excellent treatment, and there is a high probability that disputed cases can be won. Voice-to-speech is a way for companies to gain popularity, without the need to invest large sums of money in promotion.

3 0
3 years ago
The following transactions were completed by the company. The company completed consulting work for a client and immediately col
Burka [1]

Answer:

See explanation Section

Explanation:

See the image to get the appropriate answer.

7 0
4 years ago
Cat Co. forecasts merchandise purchases of $11,600 in January, $11,800 in February, and $15,400 in March; 40% of purchases are p
Elis [28]

Answer:

The cash disbursements for merchandise in February is $11680

Explanation:

The cash disbursements for merchandise in February will include the payment for 60% of merchandise purchases for January and 40% of merchandise purchases for February.

The amount of January purchases to be paid in February = 0.6 * 11600 = 6960

The amount of February purchases to be paid in February = 0.4 * 11800 = 4720

The total amount of cash disbursements in February fro merchandise is,

6960 + 4720  =  $11680

3 0
3 years ago
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