A firm uses machine hours to allocate overhead cost. During the period, budgeted variable overhead is Rs. 10000 and budgeted

Many manufacturers have quality control programs that include inspection of incoming materials for defects. Suppose a computer m

zimovet [89]

Answer:

Explanation:

There are total 5 batches and two boards are selected from each batch for inspection.

Let the boards are numbered from 1 to 5.

If the selected boards are 1 and 2, then it is represented in pair as (1, 2).

If the selected boards are 1 and 3, then it is represented in pair as (1, 3).

Similarly, other pairs can be obtained.

a) Let X be the number of defective boards observed among the two inspected.

If the boards 1 and 2 are the only defective boards in a lot of five, then

(1,2),x=2; (1,3),x=1; (1,4),x=1; (1,5),x=1;

(2,3),x=1; (2,4),x=1; (2,5),x=1;

(3,4),x=0;\ (3,5),x=0;\ (4,5),x=0.(3,4),x=0; (3,5),x=0; (4,5),x=0.

P(X=0)= 3/10 =0.3

P(X=1)={6 \over 10}=0.6P(X=1)= 6/10 =0.6

P(X=2)={1 \over 10}=0.1P(X=2)= 1/10 =0.1

b)

x 0 1 2

p(x) 0.3 0.6 0.1

μ X =0⋅0.3+1⋅0.6+2⋅0.1=0.8

σ X ² =(0−0.8)² ⋅0.3+(1−0.8)² ⋅0.6+(2−0.8)² ⋅0.1=0.36

μₓ=0.8, σX =0.6

5 0

3 years ago

On January 1, 2007, Nichols Company's inventory of Item X consisted of 2,000 units that cost $8 each. During 2007 the company pu

timama [110]

Answer:

For the cost of goods sold, the company made around $42,435

Explanation:

Solve cost of goods for Jan. 1st:

2000 units × $8

$16,000

Solve for cost of goods during 2007:

5000 units × $10

$50,000

Use the formula for weighted-average cost:

WAC per unit = cost of goods available for sale / units available for sale

WAC per unit = 16,000 + 50,000 / 2000 + 5000

WAC per unit = 66,000 / 7000

WAC per unit = 9.42857..... I will round to a dollar value

WAC per unit = 9.43

For cost of goods <em>sold</em>:

4,500 × 9.43 (please keep in mind 9.43 is a rounded number)

$42,435

8 0

3 years ago

Read 2 more answers

What is the company’s financial position? Please refer to the income statement and balance sheet for the Exceptional Service Gra

LuckyWell [14K]

Answer:

Gross profit margin requires revenue and gross profit of the company.

Current ratio = 1.386 x

Debt ratio = 0.123 x

Explanation:

Gross profit margin requires revenue and gross profit of the company which is provided in the question but it can be calculated using this formula ; Total revenue / gross profit . where Gross profit = Revenue - cost of goods sold

Current ratio is calculated using the formula ; current assets/ current liabilities lets assume the left column is for the most recent year then current ratio = 4612200/3325950 = 1.386x

Debt ratio is calculated using the formula ; total debts/total assets lets assume once more that the left column is the most recent year. note; total debts = long term + current notes payable = 454800 + 277550

therefore debt ratio = 732350 / 5957800 = 0.123x

attached is the income statement and balance sheet

8 0

3 years ago

Nighthawk theaters has 15,000 shares of stock outstanding and projected annual free cash flows of $48,200, $57,900, $71,300, and

oksian1 [2.3K]

The current value per share of stock is $31.57.

<h3>What is the current value per share ?</h3>

The two-stage dividend model would be used to determine the current value per share of the stock. In the two-stage dividend growth model, the first stage is characterised by high growth rate. In the second stage, the high growth rate falls to a steady or normal growth rate

Total cash flows in the second stage of constant growth: (72,500 x 1.016) / (0.154 - 0.016) = 533,768.12

Now determine the present value of the cash flows:

($48,200 / 1.154) + ($57,900 + 1/154²) + $71,300/ 1.154³ + ($72,500 / 1.154^4) + (533,768.12 / 1.154^4) = $473,495.26

Current value per share = $473,495.26 / 15,000 = $31.57

To learn more about how to determine the value of a stock, please check: brainly.com/question/15710204

#SPJ1

6 0

2 years ago

Suburbanization of more developed countries is due to what?

yKpoI14uk [10]

Answer: Lifestyle change/desire to change it is the suburbanization of more developed countries.

Explanation: More developed countries have suburbanized areas which are houses on larger, private lots and their own driveways. More developed countries have the ability to build and maintain suburbanized areas monetarily and by use of equipment than poorer countries.

4 0

3 years ago