Answer:
Total cost= $43,344
Explanation:
Giving the following information:
Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For August, the company planned for an activity of 118 births.
<u>To calculate the budgeted cost, we need to use the following formula:</u>
Total cost= total fixed cost + unitary variable cost*number of units
Total cost= 2,280 + 348*118
Total cost= $43,344
Answer:
Accounting profit - Your actual profit
Economic profit - Profit, but opportunity cost factored out
Explanation:
Accounting profit is how much you made (Revenue - Explicit Cost.
Economic profit includes implicit costs, or opportunity cost. If you could have made $100,000 at a different job, you subtract that. If Accounting-Economic profit is 0 or higher, you should stay in business.
Complete Question:
A supervisor finds the mean number of miles that the employees in a department live from work. He finds x=2.9 and s=3.6. Which statement must be true?
z376 is within 1 standard deviation of the mean.
z37 is between 1 and 2 standard deviations of the mean.
z37 is between 2 and 3 standard deviations of the mean.
z37 is more than 3 standard deviations of the mean.
Answer:
z37 is between 2 and 3 standard deviations of the mean.
Explanation:
Standard deviation is a way of measuring of how much the value sample varies or disperses. A low standard deviation means that the values are near the mean value of the set, whereas a high standard deviation implies that the values are distributed over a wider range.
In reasonably average data sets, the values reflect about 68 per cent of the sample within 1 standard deviation from the mean; about 95 per cent in 2 standard deviations; and about 99.7 per cent within 3 standardized deviations.
She profits more each month