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aivan3 [116]
3 years ago
15

The average do-it-yourself bedroom makeover costs $475 with a standard deviation of $86 (fictional data). tanya redoes her daugh

ter's room for $602. what percent of bedroom makeovers cost less than tanya spent? (round z score to two decimal places.)
Business
1 answer:
irinina [24]3 years ago
6 0
Given with $475 as the previous cost of the do-it-yourself bedroom makeover, $602 as the cost when she redoes her daughter's room, and $86 as the standard deviation. The percent of bedroom makeovers cost less than Tanya spent, that is rounded to two decimal places is 93.06%.
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Adams Jackson invests $40,600 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 10
Degger [83]

Explanation:

The computation is as follows

a. Total withdrawn amount

= Principal amount + total interest earned

where,

Principal amount = $40,600

And, the total interest earned is

= $40,600 × 10% × 10 years

= $40,600

So, the total withdrawn amount is

= $40,600 + $40,600

= $81,200

b. Now total withdrawn amount in case of compounded annually

= Principal amount × (1 + interest rate)^number of years

= $40,600 × (1 + 0.10)^10

= $40,600 × 2.5937424601

= $105,305.94

c. Now total withdrawn amount in case of compounded semi annually

= Principal amount × (1 + interest rate)^number of years

= $40,600 × (1 + 0.05)^20

= $40,600 × 2.6532977051

= $107,723.89

4 0
3 years ago
Compared to marketing to consumers, organizational buying is characterized by ______.
Ainat [17]

Answer:

far fewer buyers is the correct answer.

Explanation:

8 0
3 years ago
_________________ are the processes and procedures that a company uses to provide reasonable assurance that its financial report
Dahasolnce [82]

Answer:

The correct word for the blank space is: Internal controls.

Explanation:

Internal controls are crucial for any organization that wants to ensure not only that its operations are efficient, but also that they meet certain ethical standards. Internal controls effectively restrict fraud, as well as other illegal activities. These are put in place by a company to make sure that its budgets and accounting are accurate.

8 0
3 years ago
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour
gavmur [86]

Answer:

<h3>Preble Company</h3>

a. The raw materials cost for the planning budget for March is:

= $1,260,000

b. The raw materials cost included in the company's flexible budget for March

= $1,530,000

c. The materials price variance for March is:

= $90,000

Explanation:

a) Data and Calculations:

Standard Cost Card Per Unit:

Direct materials: 5 pounds at $9 per pound $45

Direct labor:        3 hours at $14 per hour        42

Variable overhead: 3 hours at $8 per hour     24

Total standard cost per unit                           $111

Planning budget production and sales for March = 28,000 units

Actual production and sales  for March =  34,000 units

Purchase of 180,000 pounds of raw materials / 5 = 36,000 units

Purchase cost = $8.50 per pound

Price variance = $0.50 per pound favorable ($9.00 - $8.50)

Total purchase cost = $1,530,000

Direct labor worked = 69,000

Standard labor hours = 34,000 * 3 = 102,000 hours

Direct labor volume variance = 33,000 hours (102,000 - 69,000)

Standard variable manufacturing overhead = $816,000 (34,000 * $24)

a. The raw materials cost for the planning budget for March is:

= $1,260,000 ($9 * 5 * 28,000)

b. The raw materials cost included in the company's flexible budget for March

= $1,530,000 ($9 * 5 * 34,000)

c. The materials price variance for March is:

= $90,000 ($9 - $8.50)180,000

4 0
3 years ago
Describe the three objectives that guide pricing strategies. Which of these objectives is associated with a (1) skimming pricing
Rashid [163]

Answer:

The answer is below

Explanation:

The three objectives that guide pricing strategies for business owners are:

1. Ensuring the product is accepted

2. maintaining market share as the competition grows

3. Reaping profits.

Among these three objectives, the one that is associated with a

1. slSkimming pricing policy is "Reaping Profits." This is because skimming pricing policy is means of charging higher prices on the commodities at an early stage, and then reduce the prices later in the production life.

2) Penetration policy is "Ensuring the product is accepted." This is because Penetration policy is a means of charging lower prices on the commodities at the early stage of production, and then increase the prices later in the production life.

3 0
3 years ago
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