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3 years ago

Which of the following is false?

Business

2 answers:

alekssr [168]3 years ago

8 0

Answer:

b) Coverage error is when respondents give untruthful answers

Explanation:

Coverage error occurs when the target population isn't the population actually sampled.

Coverage error could be undercoverage or over coverage.

undercoverage is when the sampling population doesn't include all of the target population.

Over coverage is when some of the target population is over represented in the sample population.

I hope my answer helps you

inessss [21]3 years ago

5 0

Answer:

b) Coverage error is when respondents give untruthful answers.

Explanation:

Coverage error is a form of bias in experiments, where the selected sample does not match with the population for whom the experiment is actually meant for. This problem could arise as a result of undercoverage or overcoverage of samples.

Undercoverage is a situation wherein the members of the earmarked population are not included in the sample. Overcoverage occurs when samples that are not from the intended population, are included in error or even included more than once.

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Rough Stuff makes 2 products: khaki shorts and khaki pants for men. Each product passes through the cutting machine area, which

ozzi

Answer:

$8,000

Explanation:

khaki shorts khaki pants

machine minutes per unit 15 24

contribution margin per unit $16 $32

CM per machine minute $1.067 $1.33

minimum demand 3,000 3,000

machine minutes required 45,000 72,000

total machine minutes available 288,000

total machine minutes remaining 171,000

production 0 7,125

total production 3,000 10,125

total contribution margin $48,000 $324,000

if 100 more machines hours are added, then production time increases by 6,000 minutes which can be used to produce 250 more khaki pants. Contribution margin will increase by 250 x $32 = $8,000

I calculated contribution margin per minute, but you could also calculate contribution margin per hour to determine which product is more profitable. Contribution margin per hour for shorts = $64, and for pants = $80. The answer will not change.

8 0

3 years ago

The 2017 balance sheet of DG Inc. showed LT debt of $2.0 million, the 2018 balance sheet showed LT debt of $2.3 million. The 201

nexus9112 [7]

Answer: idk

Explanation:

7 0

3 years ago

In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra

Setler [38]

Answer: Option (D) is correct.

Explanation:

Given that,

Ron's capital = $80,000

Stella's = $75,000

Tiffany's = $50,000

Income sharing ratio = 3:2:1

Tiffany is retiring from the partnership

Amount paid to Tiffany = $56,000

Bonus = Amount paid to Tiffany - Tiffany's capital

= $56,000 - $50,000

= $6,000

Above bonus is 1/6th of goodwill.

Therefore, the total amount of goodwill recorded would be:

Goodwill = $\frac{6,000}{\frac{1}{6} }$

= $36,000

7 0

4 years ago

Pennewell Publishing Inc. (PP) is a zero growth company. It currently has zero debt and its earnings before interest and taxes (

Nikolay [14]

Answer:

Price per share after repurchase = $51.064

Shares remaining after repurchase = 6500

Explanation:

Given the following :

Value of operations = $510,638

Value of T-bills = value of debt = $178,723

Therefore, value of equity = $510,638

Number of common shares = 10,000

Price per share = Value of equity / Number of shares

Price per share = $510,638 / 10,000 = $51.064

Price per share prior to repurchase is the same as price per share after repurchase.

However, number of shares repurchased equals;

$178,723 / $51.064 = 3499.99 = 3500 shares

Number of shares left after repurchase :

Totals shares - shares repurchased

10,000 - 3500 = 6,500

8 0

3 years ago

JoPacks sold 500 backpacks in September. Total variable costs were $7,500, total fixed costs were $10,000, and profit was $4,000

aivan3 [116]

Answer:

$18,000

Explanation:

Total revenue - total cost = profit

total cost = variable cost + fixed cost

when 500 units were sold

total revenue - ( $10,000 + $7,500) = $4,000.

revenue = $21,500

to determine profit when 1000 units are sold, we have to determine the price and average variable cost

Price = revenue / total unit sold = $21,500 / 500 = $43

Average variable cost = $7,500 / 500 = $15

For 1000 units sold

revenue = price x units sold = 1000 x $43 = $43,000

total variable cost = $15 x 1000 = $15,000

total cost = $15,000 + $10,000 = $25,000

Profit = $43,000 - $25,000 = $18,000

6 0

3 years ago