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Hoochie [10]
3 years ago
14

The process specifications are 12.45 and 13.45 minutes. Based on the data given, does it appear that specifications are being me

t?
Sample 1 Sample 2 Sample 3 Sample 4 Sample 5
12.5 13.4 13.0 13.2 12.9
12.7 13.2 13.6 12.7 13.5
12.9 13.0 13.3 13.3 13.2
13.2 13.1 13.4 12.7 13.2
Totals 51.4 52.7 53.2 51.9 52.7
a. Yes
b. No
Business
1 answer:
natima [27]3 years ago
6 0

Answer:

a. Yes

Based on the data given, it appears that specifications are being met.

Explanation:

a) Data and Calculations:

         Sample 1    Sample 2    Sample 3    Sample 4  Sample 5        Average

                 12.5         13.4              13.0            13.2         12.9        65       13.00

                 12.7         13.2              13.6            12.7         13.5        65.7     13.14

                 12.9         13.0              13.3            13.3         13.2        65.7     13.14

                 13.2         13.1               13.4            12.7         13.2        65.6     13.12

Totals       51.4       52.7              53.2            51.9        52.7      261.9     52.4

Average 12.85      13.17               13.3            12.97      13.17                     13.1

b) Using the law of averages, the process specifications of 12.45 and 13.35 minutes were not exceeded under any sample type.  Therefore, it can be concluded that the process specifications are being met.

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Frontier Corp. sells units for $57, has unit variable costs of $29, and fixed costs of $164,000. If Frontier sells 10,000 units,
jeka94

Answer:

2.4

Explanation:

Frontier corporation sells unit for $57

The unit variable cost is $29

Fixed cost is $164,000

Frontier sells 10,000 units

The first step is to calculate the contribution margin

= 57-29×10,000

= 28×10,000

= 280,000

Profit = 280,000-164,000

= 116,000

Degree of operating leverage can be calculated as follows

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= 2.4

6 0
3 years ago
A company's inventory records report the following:
AlexFokin [52]

Answer:

Closing value of inventory = $357 for 21 units

Explanation:

As for the provided information we have,

Under FIFO method we know,

FIFO means First In First Out, under this the goods bought at earliest are sold earliest.

That means first opening inventory is sold, then the inventory purchased at the earliest.

Now we have,

Opening Inventory = 27 units @ $17 = $459

Purchases:

Aug 5              22 units @ $16 = $352

Aug 12             26 units @ $17 = $442

Provided 54 units are sold on Aug 15, that means, opening inventory of 27 units, 22 units bought on Aug 5, and 54 - 27 - 22 = 5 units from purchases on Aug 12.

Therefore, after sale units left = 26 - 5 = 21 units

Thus, closing value of inventory = $357 for 21 units

4 0
3 years ago
W gave w's age as 50 when w purchased a life policy. at the time of w's death seven years later, the company discovered w's true
kvasek [131]

The normal procedure under the misstatement of age provision in regard to the payment of the death claim is that the procedure would be reduced based on the premium in which whatever it would have been if this has been purchased at the age of fifty nine years old.

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3 0
3 years ago
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Which of the following business opportunities allows a business to purchase and sell a company's products, but not the right to
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Answer:

Dealers/distributors allows a business to purchase and sell a company's products, but not the right to use that company's trade name as its own

<u>Explanation:</u>

Although only one out of every odd state with a dealers have opportunity which  similarly characterizes the term, the more significant part of them use the accompanying general criteria: A business opportunity includes the deal or rent of any item, administration, gear, etc. that will empower the buyer licensee to start a business.  

Moreover, business openings offer less help than opportunities; this could be a bit of leeway for you if you blossom with opportunity.

 

4 0
3 years ago
Equipment was purchased for $150,000. Freight charges amounted to $7,000 and there was a cost of $20,000 for building a foundati
Sever21 [200]

Answer:

$29,400

Explanation:

Straight line depreciation expense = (cost of asset - Salvage value) / useful life

Cost of asset = $150,000 + $20,000 + $7,000 = $177,000

($177,000 - $30,000) / 5 = $29,400

I hope my answer helps you

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3 years ago
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