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3 years ago

When should relative frequencies be used when comparing two data sets?

1 answer:

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The relative frequencies should be used in terms of comparing two data sets when you need to compare the data's class interval. This is being evaluated and use when two data sets are being compared and their interval is being computed and differentiated.

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What do you think you'd like best about working as a hospitality manager?

Alchen [17]

Answer:

The hospitality industry allows you to develop yourself – professionally and as a person. Not only do you improve on the professional skills you already possess, but with time and commitment you learn others due to the variety of colleagues, clients and situations that will put you to the test.

Explanation:

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2 years ago

Read 2 more answers

The difference between the actual allocation base (actual quantity) and the amount of the allocation base that should have been

topjm [15]

Answer:

B. variable overhead efficiency variance

Explanation:

Answer option A, C, and D are incorrect. In variable overhead cost variance, we determine the difference between the actual and budgeted cost. In fixed overhead cost variance, we do not use allocation base cost. Again, in fixed overhead volume variance, we cannot use allocation base cost.

'B' is correct because the difference between the actual allocation base quantity and budgeted allocation base quantity multiplying with the standard rate states the variable overhead efficiency variance. The activity level is required to determine efficiency variance.

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3 years ago

Johnston Chemicals' president is very excited about the possibility of the firm's British subsidiary having access to customers

iVinArrow [24]

Answer: Cultural factors

Explanation: Socio - cultural factors can affect the operations of companies that operate across various countries. Countries have different cultures and ways of doing things, so when a new company enters this country it needs to adapt to the culture of that country in order to become successful. The European Union (EU) consists of many different cultures. Because Johnston Chemicals is branching into the EU, the wide variety of socio - cultural, economic, technological, legal and political factors in each country will determine how the company will operate, and also how it can become one market over time.

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3 years ago

Executive Solutions is a strategy consulting firm. Other than the senior leadership (who manage the firm, but do not actively co

saveliy_v [14]

Answer:

Income(Loss) $960,600;($397,400)

Explanation:

EXECUTIVE SOLUTIONS

Budgeted Income Statement

May June

Revenues:

Managers$1,231,900 $795,400

Staff $3,171,900 $2,250,400

Total revenue (i)$4,403,800 $3,045,800

Expenses:

Manager

compensation$749,300 $749,300

Staff compensation$1,558,400 $1,558,400

Total

compensation (ii)$2,307,700 $2,307,700

SG&A $553,500 $553,500

Depreciation $228,500 $228,500

Marketing $353,500 $353,50

Total

expenses (iii)$1,135,500 $1,135,500

Income(Loss)

(i)-(ii)-(iii) $960,600 ($397,400)

BMay June

Revenues:

Managers

[1,270 hours x $ 970] $1,231,900

[820 hours x $970] $795,400

Staff

[ 6,540hours x $485] $3,171,900

[4,640 hours x $485] $2,250,400

Expenses:

Manager compensation$749,300 $749,300

[2,540 hours x $295]

Staff compensation $1,558,400 $1,558,400

[9,740 hours x $160]

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3 years ago

In the small country of Economerica, there are 6 thousand people employed, 1 thousand people unemployed, and 3 thousand people o

irakobra [83]

Answer: B. 20.00%

Explanation:

Unemployment rate does not include those who have given up on finding a job.

Unemployment rate = Unemployed people / Labor force

Unemployed people:

= Original unemployed + half the new graduates

= 1,000 + (1,000 / 2)

= 1,500 people

Labor force:

= Unemployed + employed people

= 1,500 + 6,000

= 7,500 people

Unemployment rate:

= 1,500 / 7,500

= 20%

3 0

3 years ago