The production budget is typically prepared prior to the sales budget. true or false?

You are working part-time at a road construction firm. your boss knows you are learning some statistics in your classes this sem

____ [38]

Missing data can found here https://www.dropbox.com/s/u5t2sjj7pglu7iw/CIData%20%281%29.txt?dl=0
The first step is to calculate the mean of the data provided.
$\mu=\frac{a_1+a_2+a_3\cdots a_k}{k}$
k is a number of points in our data set.
The mean for our data set is $\mu=145.80$ .
Now we need to find the range associated with confidence level required.
Z score associated with a confidence level of 80% percent is 1.28.
We know that our range has to be $z\cdot\delta$ in order for us to be 80% confident in our result. As the confidence level rises z score associated with it also rises. This makes sense because the broader your range is more confident you are that measurement will fall within that range.
The final answer would be:
$\rho=\mu \pm z\delta=145.80 \pm 3.39$

5 0

3 years ago

An apparel manufacturing plant has estimated the variable cost to be $3.30 per unit. Fixed costs are $1,800,000 per year. Forty

erica [24]

Answer:

$15.30

Explanation:

Given that,

Fixed costs = $1,800,000 per year

Variable cost = $3.30 per unit

40% of its business is with one preferred customer.

Total units sold in a year = 150,000

Unit cost per item:

= (Fixed cost ÷ Total units sold) + Variable cost per unit

= ($1,800,000 ÷ 150,000) + $3.30

= $12 + $3.30

= $15.30

Therefore, the unit cost per item is $15.30.

4 0

4 years ago

Concord Company purchases equipment on January 1, Year 1, at a cost of $498,000. The asset is expected to have a service life of

elena-s [515]

Answer:

depreciable value = $498,000 - $44,820 = $453,180

a. depreciation expense per year = $453,180 / 12 years = $37,765

depreciation expense year 1 = $37,765

depreciation expense year 2 = $37,765

depreciation expense year 3 = $37,765

b. total digits = 12+11+10+9+8+7+6+5+4+3+2+1 = 78

depreciation expense year 1 = 12/78 x $453,180 = $69,720

depreciation expense year 2 = 11/78 x $453,180 = $63,910

depreciation expense year 3 = 10/78 x $453,180 = $58,100

3 0

3 years ago

Kincaid Company's Retained Earnings balance on January 1 was $ 5,000. During the current year, Kincaid earned $ 3 comma 300 in

Oduvanchick [21]

Answer:

Retained earnings balance on Dec 31 = $2000

Explanation:

Statement showing computations

Particulars Amount

Opening balance in retained earnings $ 5,000.

Add income (Loss) = $3300 - $4100 (-$800.00)

Less Dividends Paid = (2,200.00)

Retained earnings balance on Dec 31 $2000

4 0

3 years ago

Teknikal Inc. decides to implement a new performance management system. It consists of a list of five traits used to evaluate al

vovangra [49]

Answer:

Graphic Rating Scale

Explanation:

Graphic rating scale is a method used in evaluating the performance of an employee or put simply, performance appraisal of an employee. It involves listing out expected traits that the employees should posses and then rating the employees on a numbered scale for each trait. It is probably the most simplest and popular form of performance appraisal. In this case, Teknikal uses a five traits to evaluate all its employees which are assigned numbers by the manager according to the degree he/she feels the employee possesses said traits.

4 0

4 years ago