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Elena-2011 [213]
3 years ago
6

A statistical software company is planning on updating Version 8.1 of its software and wants to know what features are most impo

rtant to users. The company's managers have the email addresses of 10000 individuals, mostly faculty at universities, for whom they have supplied free courtesy copies of Version 8.1. They email these 10000 individuals and ask them to complete a survey online. A total of 183 of these individuals complete the survey.
(a) What is the population of interest to the software company?

A. the 183 individuals who complete the survey
B. the 10000 individuals contacted

Business
1 answer:
torisob [31]3 years ago
3 0

Answer:

Answer for the question:

A statistical software company is planning on updating Version 8.1 of its software and wants to know what features are most important to users. The company's managers have the email addresses of 10000 individuals, mostly faculty at universities, for whom they have supplied free courtesy copies of Version 8.1. They email these 10000 individuals and ask them to complete a survey online. A total of 183 of these individuals complete the survey.

(a) What is the population of interest to the software company?

A. the 183 individuals who complete the survey

B. the 10000 individuals contacted

is given in the attachment.

Explanation:

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Fynjy0 [20]

<u>1. If management wants the most accurate product cost, which of the following costing methods should be used?</u>

Answer:

c. Activity-based costing

Explanation:

In activity based costing, You only assign cost to a certain products and services based on your actual consumption. This will include indirect cost that might be overlooked by other from of costing methods.

For example, other type of costing might only account the total material or price of the machines when calculating the total cost of creating product. As a matter of fact, this will undervalue the total cost.

You need to calculate the expense that is not directly involved in the production but still necessary for the operation (such as the cost of fixing broken parts,  the cost of daily maintenance, etc). All of these things will be included in activity-based costing.

<u />

<u>2. Which costing method tends to overstate the cost of high-volume products? </u>

Answer:

A. traditional volume based accounting

Explanation

Traditional volume based costing  will calculate all overhead costs (such as salary paid per hour to employees)  and include it to the overall cost of the production without any additional adjustment.

This will cause an overstate in the cost of high-volume products Because longer hours of work does not necessarily translate to proportionate increase in productivity.,

3. Disadvantages of activity-based costing include

Answer:

-It is not acceptable under GAAP for external reporting.

-It can be costly to implement.

Explanation:

GAAP does not accept activity-based costing becasue it overlooked  Organization-sustaining costs that will exist regardless of how much goods the company produce. (For example  Cost of factory security, Cost of electricity for heating and air conditioning and  office administration rent).

Activity based costing can be costly because it need a more precise evaluation of their indirect cost. Which means that they need to hire more experts to specifically pay attention to indirect cost which often time untraceable by common employees.

5 0
3 years ago
Tangerine Tangerine ink Target capital structure is 20% debtthe following information about sleep please Corporation a company h
Tasya [4]

16% is the answer.

<u>Explanation:</u>

<u>The following is used in order to calculate the cost of the retained earnings. </u>

The Calculation of cost of retained earnings by using bond yield plus the risk premium method

= Long term bond yield + the risk premium

The Long term bond yield = 12 percent

The risk premium = 4 percent

Cost of retained earnings = 12 percent plus 4 percent = 16 %

Therefore, the correct option will be with the 16 percent .

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3 years ago
In this video, kevin describes _____ as a set of integrated software modules that support nearly all of their organization's bus
salantis [7]

In this video, kevin describes ERP as a set of integrated software modules that support nearly all of their organization's business processes.

A business is an activity that makes a living or makes money by manufacturing or buying and selling products. It is also "any activity or business carried on for profit."

A company is an organization or company engaged in commercial, industrial, or professional activities. A business can be either a commercial enterprise or a non-profit organization. Legal forms range from limited liability companies to sole proprietorships, corporations and partnerships.

The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home. noun.

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5 0
1 year ago
Mia Lane bought a high-definition television for $7,500. Based on her income, she could afford to pay back only $600 per month.
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Answer:

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Explanation:

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I am Lyosha [343]

Owner is only responsible.

Owner

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  • He is never engaged in day to day activities but always do the proper inspection of all the works in all the departments.
  • Manages the budget, sales forecasting, planning, organizing in all the process they used to work as a leader.

Alarm systems

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  • They have different pitch of sounds according to the places; i.e. at required place they have high sound and vice versa.
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