It bettered their relationship
do you have answer choices
Answer:
The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.
The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.
Explanation:
Saint Petersburg Gambles
The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.
The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.
Answer:
$5400 Favorable
Explanation:
Standard 2 hour at $15 per hour
Standard hours 2 hour per unit * 2900 units = 5800 hours
Total Standard cost = 5800 hours * $15 per hour = $87,000
Actual hours = 5100
Actual cost = $81600 / 5100 hours = $16 per hour
Variance = Standard - Actual
Labor hour Variance Favorable = 700 hours (5800 hours - 5100 hours)
Total Labor variance = $5400 ($87,000 - $81,600)
Auto Loan - installment, secured, fixed
Credit Cards - installment, unsecured, CBE
Mortgage - installment, secured, variable
Payday loan - CBE, secured, and CBE
Personal loan - installment, unsecured, CBE
Small businesses - CBE, unsecured, CBE
Student loan - installment, unsecured, CBE
I believe that’s right. I’m so sorry if it isn’t.
Answer:
The cost assigned to Job 7 at the end of the week is 5,700 dollars.
Explanation:
In job order costing the cost that is to be assign to a specific order is sum of actual direct material cost and actual labour cost require to perform that job. Factory overheads are also added to the job cost on the basis of allocation method (on basis of budgeted applied OH rate).
So Following costs will be assign to Job 7.
RAW materail = $ 700
Labor Cost = $ 3000
Overhead = $ 2000 (10* 20)
Total Cost = $ 5700
