Answer:
We'll start by putting into consideration, the large sample variance at the numerator.
Barron's Variance will be represented using 1 as the subscript.
i.e.
1 = $583 million
2 = $489 million
So,
0: 1²= 2²
: 1² ≠ 2²
=1² / 2²=
= $583 million² / $489 million²
= 583²/489²
= 1.42
Degrees of freedom 15 and 9
Using F table, area in tail is greater than 0.10.
Two-tail p-value is greater than .20
Exact p-value corresponding to F= 1.42 is .5874 (See F table)
p-value > .10
So,we do not reject 0.
We cannot conclude there is a statistically significant difference between the variances for the two companies.
Answer:
Conversion costs= $488,000
Explanation:
Giving the following information:
depreciation expense - factory building, $133,000
direct labor, $250,000
factory utilities, $105,000
<u>The conversion costs are the sum of direct labor and manufacturing overhead.</u>
<u></u>
Manufacturing overhead= 133,000 + 105,000= 238,000
Direct labor= 250,000
Conversion costs= $488,000
Answer:
salary and wages increase by $600
Explanation:
given data
work = 40 hours
per hour cost = $15
Social Security = $37.20
Medicare $8.70
federal income tax = $58
state income tax = $10
solution
as we know that
Federal Unemployment are $4.80 and Social Security is $37.20
Medicare = $8.70 and state Unemployment $24.6
so total payable in form of salaries and wages increase $675.3 than actual pay $600
and when salary is paid by company it is for expenditure
and salary and wage payable account is debited
so cash account and state and federal tax payable is credit
so that entry record increase the expenditure
so salary and wages increase by $600
A bond is a certificate of debt issued by corporations and governments. A bond is known as a fixed income investment where one or more investors will lend money to a corporation or government for a period of time. The bond is issued as a loan and after the set time, the corporation or government pays the investor back.