Watson Electric produces bulbs for emergency flashlights. The following data on the number of lumens (i.e. lumens measure the level of "brightness") for 40-watt bulbs were collected when the process was in control. Observation Sample 1 2 3 4 1 604 612 588 600 2 597 601 607 603 3 581 570 585 592 4 620 605 595
A television network decides to cancel one of its shows if it is convinced that less than 14% of the viewing public are watching this show. a. If a random sample of 1500 households with televisions is selected, what sample proportion values will lead to this show's cancellation? Assume a 5% significance level? b. What is t
Please Help with homework 1.J. T. Drive-In is a fast-food restaurant that sells burgers and hot dogs in a 1950s environment.The fixed operating cost of the company is $20,000 per month. The owner wants all costs allocated to either the sale of burgers or hot dogs. Other items, mostly drinks and fries, are sold in equal propor
A local beer producer sells two types of beer, a regular brand, and a light brand with 30% fewer calories. The company's marketing department wants to verify that its traditional approach to appealing to local white-collar workers with light beer commercials and appealing to local blue-collar workers with regular beer commercial
In a study designed to gauge married women's participation in the workplace today, the data provided in the attached file are obtained from a sample of 750 randomly selected married women. Consider a woman selected at random from this sample in aswering the following questions: a)what is the probablity that this randomly sele
Suppose that 18% of the employees at a given corporation engage in physical exercise activities during the lunch hour. Moreover, assume that 57% of all employees are male, and 12% of all employees are males who engage in physical exercise activities during the lunch hour. a)if we choose an employee at random from this corpora
Help with practice problems. 1.Given the following year-end balances, prepare an income statement, statement of retained earnings, and a classified balance sheet. Accounts payable $2,550 Accounts receivable 3,550 Accumulated depreciation 6,250 Beginning retained income 6,450 Cash 2,300 Cost
1.The following information was gathered for Wellington Company: Budgeted direct-labor hours 75,000 Actual direct-labor hours 77,500 Budgeted factory overhead $525,000 Actual factory overhead $538,000 Assume that direct-labor hours is the cost driver. Compute: a.Budgeted factory-overhead rate b.Fac
See attached for proper formatting MATHS -SPECIAL/1 MA115 Business Problem Solving DIRECTIONS: Please answer the following essay question using your own paper. Keep a copy of your work and include your name and student number on every page. Managers at ANP Company are trying to determine an inventory policy for the c
Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2012. Solve the prob
Discuss the differences between a probability and a non-probability sample. Under what circumstances would each be used?
Thomas produces 110,000 units at a cost of $440,000. Next year, Thomas expects to produce 120,000 units. Thomas relevant range is 100,000 to 120,000 units. If the cost is variable and 120,000 units are produced, the cost will: which one increase to what, decrease, stay the same, or be indeterminate?
I need to create a common size statement for Southwest Airlines. Can I get a step by step instruction please. I know it has to deal with percentages.
Jackson Company manufactures a part for its production cycle. The costs per unit for 20,000 units of this part are as follows: Direct materials $15 Direct labor 12 Variable factory overhead 20 Unavoidable fixed factory overhead 18 Total cost $65 The Jackson Company has been approached by a supplier who clai
The Tyson Company has provided the following information: Direct Month Factory Labor Hours Overhead January $92,095 4,600 February 103,056 5,280 March 83,802 3,760 April 89,594 4,320 May 108,694 5,720 June 87,404 3,880 a. Using th
A local energy provider offers a landowner $180,000 for the exploration rights to natural gas on a certain site and the option for future development. This option, if exercised, is worth an additional $1,800,000 to the landowner, but this will occur only if natural gas is discovered during the exploration phase. The landowner, b
Yearly anutomobile inspections are required for residents of the state of Pennsylvania.Suppose that 18% of all inspected cars in Pennsylvania have problems that need to be corrected. Unfortunately, pennsylvania state inspections fail to detect these problems 12% of the time. On the other hand, an inspection never detects a prob
See attached file. populations using Random-number generations: Population Size = 1000 - Determine the descriptive statistics of the population - Construct a histogram of the population - Take 20 random samples from the population, each of size 40 - Calculate the mean and standard deviation of each sample - Fo
One of the advantages of rational functions is that even rational functions with low-order polynomials can provide an excellent fit for complex experimental data. Linear-to-linear rational functions have been used to describe earthquake plates. As another example, a linear-quadratic fit has been used to describe lung functio
Problem 2: In the population of employee of problem 1, the average annual wage was $50,000 and the variance was $9000 Using the features of the Standard Normal Distribution, estimate: (1) The range of wages of 95.44% of the employee? (2) The range of wages of 99.74% of the employee?
See the attached document for details: I know the formula, but I don't understand how you get the value of x or p. PX = A + BX where P = Unit cost or price of the service X = Amount of service to be provided (an unknown) A = Fixed costs B = Variable costs Break-even point = ? A= 58,000 B= 1,317,273 PX = 58,00
Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2009. Show how each
John stocks the candy machine on his city's subway. Each candy bar sells for $0.60 . He pays a monthly rental for the space of $117. The variable cost of each bar is $0.10. What is the total contribution at 500 bars sold?
A potato vendor charges $4.90 per spud sold.The stall has a Fixed cost of $500 per week. The variable cost of each potato sold is $1.50. How may potatoes must the stall sell in order to achieve a profit objective of $750 per week ?
It takes a computer 8 days to print all of the personalized letters from a national sweepstakes. A new computer is purchased that can do the same job in 5 days. How long would it take to do the job with both computers working on it?
Consider the following information about Stock I and II: State of Probability of Rate of Return if State Occurs Economy State of Economy Stock I Stock II Recession 0.14 -0.15 -0.15 Normal 0.12
Gasoline accounts for 85% of the motor fuel consumed in the United States every day. If 8,882 thousand barrels (bbl) of motor fuel is consumed each day, how much gasoline is consumed each day in the United States? Round to the nearest barrel.
Assignment Type: Discussion Board Deliverable Length: 1-2 paragraphs For each of the following items, give an example of a business transaction that has the described effect on the accounting equation: Increase an asset and increase a liability. Increase one asset and decrease another asset. Decrease an asset
The hockory Cabinet and furniture Company makes chairs. The fixed cost per month of making chairs is $7,500, and the variable cot per chair is $40. Price is related to demand according to the following linear equation. v=400-1.2p Develop the nonlinear profit for this company and determine the price that will maximize profit,
Please help with question 4 only: Kim and Dan Bergholt are both government workers. They are considering purchasing a home in the Washington D.C. area for about $280,000. They estimate monthly expenses for utilities at $220, maintenance at $100, property taxes at $380, and home insurance payments at $50. Their only debt consi