Answer:
The probability that a randomly selected graduate will have a starting salary of $50,000 or more is 10.56%
Explanation:
The formula for calculating a z-score is:
Z=
Where:
x=Score in this case is $50,000
μ=Mean or average of the salary: $45,000
σ= standard deviation of $4,000.
Z=
Z= 1.25
This value has an associated probability of 0.8944= 89.44%, this means 89.44% of graduates will have a starting salary of $50,000 or less.
But if we want to know the probability that the graduate has a salary of $50,000 or more, taking into account a population of 100%=1
1-0.8944= 0.1056
Which represents that 10.56% of population of graduates will earn $50,000 or more.
When a monopolist's level of output is not at the minimum point of <u>average total cost</u>, this means it will not be productively efficient.
<h3>What is an
average total cost?</h3>
An average total cost refers to a cost derived from total fixed and variable costs divided by total units produced.
In conclusion, this cost is used to evaluate how the total per-unit cost change as a result of output
Read more about average total cost
<em>brainly.com/question/25109150</em>
Answer:
The way the costs of direct labor and factory overhead applied are treated in a process costing system is different from their treatment in a job costing system. In process costing system, they are debited to the Work in Process account.
The reason for this is that in process costing, costs are not directly attributable to individual jobs. Instead, costs are accumulated in Work in Process before they are assigned to individual production units.
Explanation:
Job order costing system accumulates costs for individual jobs while a process costing system accumulates costs in the Work in Process account and then allocates the costs to individuals units of production. The difference depends on the nature of the two systems and how possible it is to identify the costs and attribute them to individual jobs or units.
For both accepting and rejecting, thank the employer for the wonderful opportunity that was given. When accepting state that you are happy with the employment terms, and the salary that was given. When rejecting tell the employer thank you, but simply state how there may have been better opportunities, or how the job was not the right fit for you. Both should be done either by email or phone.
The constant monthly withdrawal amount can be calculated by using PMT function in excel as in =PMT(rate,nper,pv) where rate = 7% = 0.07/12 (Monthly rate), nper = 20 years = 20*12 = 240 months and pv = 300,000
Constant monthly withdrawal amount =PMT(0.07/12,240,300000)
Constant monthly withdrawal amount = $2,325.90
Constant monthly withdrawal amount = $2,326 (Option C)
