Answer:
Neat Clothes
1. Can you explain how did we get 22,400?
The total wages for 2 weeks or 10 days (5 days each) is $32,000. For the weeks under review, only 7 days are worked in June, the remaining 3 days are in July. To calculate June salaries alone the $32,000 is divided by 10 days, to get the wages per day, and then multiplied by 7 days for the seven days in June.
2. Why we divide 7 over 10? What does 7 mean and what does 10 represent?
The 7 means the days of work done in June and 10 represents the 2 weeks for which wages are being calculated.
So, dividing 7 over 10 gives the proportion of June salaries from the total of $32,000.
Explanation:
As above.
Answer: $295
Explanation:
Given that,
Amount spent by the students is normal in shape
Mean = $235
Standard deviation = $20
99.7% is within 3 standard deviations of the mean:
= Mean + 3 × Standard deviation
= $235 + 3 × $20
= $235 + $60
= $295
The amount of $295 is spent by all the students on textbooks.
The Objective-&-Task Method determines the budget required to undertake specific tasks to accomplish communication objectives.
The objective and the task method is a type of method that is used in the business environment whereby a business would set a particular amount of money to its budget in order to achieve specific objectives.
The business would do this instead of just choosing an amount or using sales revenues alone to make budgets.
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