Answer: $200,000
Explanation:
The cost will be allocated to customer Y, if a cause-effect relationship cannot be established with any cost driver will be calculated thus:
Total sales = $600,000 + $400,000 + $200,000 = $1,200,000
The percentage of Y on total sales will be:
= $400,000/$1,200,000 × 100
= 1/3 × 100
= 33.33%
Therefore, the cost that's allocated to Y will then be:
= $600,000 × 33.33%
= $600,000 × 0.3333
= $200,000
Therefore, the correct answer is $200,000
From the given description, Chip is using an experimental design called (A) matching.
Matching <u>is a type of experimental design where the researcher divide his or her samples into two groups of treatment conditions, which serves to ensure that before the treatment, both groups have the samples with the same characteristics, thus ensuring that the results of the experiment would not be influenced by any confounding variables that the samples have.</u>
Chip is doing this to ensure that samples that have been influenced by other variables which determine their decision to hire are distributed evenly in both the experimental and control group.
Answer:
b. 3,249 units
Explanation:
Step 1. Given information.
Fix costs are 32.000
Depreciation expense 9.700
Contribution margin 9.85
Step 2. Formulas needed to solve the exercise.
Break even point = Fixed cost / contribution per unit
Step 3. Calculation.
Break even point= $32.000/$9.85= 3,248.73 rounded to 3,249
Step 4. Solution.
3.249 units is the minimum number of units to ensure its potential loss does not exceed the desired level
Option B is correct i.e. 3.249 units
<span><span>What payment method typically charges the highest interest rates?
pay day loans</span></span>
Answer: $112.08
Explanation:
Given that,
Life insurance policy = $240,000
Cost = $210
Amount to be paid by company to old lady if she survives (A):
= $240,000 - $210
= $239,790
Probability that she survives (P1) = 0.999592
Probability that she doesn't survives (P2) = 1 - 0.999592
= 0.000408
Expected value of this policy for the insurance company:
= (P1 × cost of policy) - (P2 × A)
= 0.999592 × $210 - 0.000408 × $239,790
= $209.91432 - $97.83432
= $112.08
