a. executive information system - knowledge-based interactive system
b. management information system - operational-level system
c. decision support system - strategic-level information system
d. transaction processing system - internal information flow-based system
What is an executive information system ?Generally, An executive information system (EIS) is a type of management information system designed to facilitate and support the information and decision-making needs of senior executives by providing easy access to both internal and external information relevant to meeting the strategic objectives of an organization.
Generally, an EIS is a computerized system that collects, organizes, and distributes information from multiple sources. It is designed to provide a comprehensive overview of the organization's performance and enable executives to make better decisions.
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if 8 cakes cost 62.40 how much would 3 cakes cost
Answer: $23.40
Explanation: First, you divide $62.40 into eight cakes to see how much one cake costs which is $7.80 per cake. Then, you multiply that times three to see how much three cakes costs which is $23.40.
If you have any additional questions, just ask me
One cake costs 62.40/8 = 7.80.
So, 3 cakes would cost 7.80 * 3 = 23.40.
Explain your understanding of the concept of consideration in the law of contract. Why is it
that a peppercorn or an empty chocolate wrapper can form part of the consideration for a
contract?
Consideration is a fundamental concept in the law of contracts that refers to the exchange of something of value between the parties involved in the agreement. Consideration is an essential element of a contract, as it establishes the mutual promises made between the parties and the benefits that each party is expected to receive from the agreement.
Therefore, a peppercorn or an empty chocolate wrapper can serve as consideration in a contract, as long as both parties agree to it and the consideration forms the basis of a binding agreement
What is the contract about?In legal terms, consideration refers to any benefit that one party receives from the other party in exchange for a promise. It can take many forms, including money, goods, services, or a promise to do or not do something.
The concept that a peppercorn or an empty chocolate wrapper can form part of the consideration for a contract stems from the principle of nominal consideration, which holds that the consideration need not have any intrinsic value, as long as it is agreed upon by the parties and forms the basis of a binding agreement. This principle acknowledges that in many cases, the parties involved in the agreement may not place significant value on the consideration itself, but on the agreement as a whole and the obligations and rights it confers.
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Based on past experience, a bank believes that 7% of the people who receive loans will not make payments on time. The bank has recently approved 200 loans. a)What are the mean and standard deviation of the proportion of clients in this group who may not make timely payments? b)Determine the distribution of the proportion of clients in this group who may not make timely payments. What assumptions underlie your model? Are the conditions met? Explain. c)What’s the probability that over 10% of these clients will not make timely payments?
The data's standard deviation will be 4.13. The sample standard deviations shouldn't be more than twice as large as the smallest standard deviation.
The standard deviation serves as a gauge of how much the data deviates from the mean. When the standard deviation is low, the data tend to cluster around the mean; when it is high, the data are more dispersed. Knowing that the data set consists of 23, 19, 28, 30, and 22 The data collection now consisting of 23, 19, 28, 30, and 22. Therefore, the mean is equivalent to 23 + 19 + 28 + 30 + 22 / 5, which equals 122 / 5, or 24.4. Therefore, the standard deviation is (23 - 24.4) (23 - 24.4) ² + (19 - 24.4) (19 - 24.4). (19 - 24.4). ²+(28 - 24.4) (28 - 24.4). (28 - 24.4). ² + (30 - 24.4) (30 - 24.4). (30 - 24.4). ² + (22 - 24.4) (22 - 24.4) (22 - 24.4) ²/ (5-1) (5-1). (5-1). ⇒ √ 1.96 + 29.16 + 12.96 + 31.36 + 5.76 / 4. ⇒ √ 81.2/4. ⇒ √20.3 ⇒ 4.13 As a result, the standard deviation of the data will be 4.13.
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fill in the blank. in this circular flow example, the___(according to the animation in lesson 3) is the $2.00 average price.
Critical link, In the context of the circular flow of income and expenditure, the critical link refers to the interaction between households and firms that allows for the exchange of goods, services, and resources in the economy.
In the model, households provide labor and other resources to firms in exchange for wages and other compensation, and firms use these resources to produce goods and services that are sold to households. This exchange is the critical link that connects households and firms, and allows the economy to function.
Without this critical link, the circular flow of income and expenditure would break down, and the economy would not be able to function effectively. The critical link highlights the importance of the interaction between households and firms in the economy and the need for a functional market system to facilitate this exchange.
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In this Circular Flow example, the ________________ (according to the Animation in Lesson 3) is the $2.00 Average Price?
What percent of output consist of nomilitary goods in Jamaica
Jamaica is a developing country with a diversified economy that includes sectors such as agriculture, manufacturing, tourism, and services. The country is known for its exports of goods such as bauxite, alumina, sugar, and coffee, as well as its services such as tourism and business process outsourcing.
It's worth noting that Jamaica does not have a significant military industry, and therefore the production of military goods is likely to be a small part of its overall output. However, without access to up-to-date data, I cannot provide an exact percentage of non-military goods in Jamaica's output.
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The accompanying chart shows the number of books written by each author in a collection of cookbooks. What type of data is being represented?options: qualitative, ordinalqantitative, ratioquantitative, ordinalqualitative, nominal
Since there is no numerical sense to books and no logical order within them, these are nominal. The right response is qualitative, nominal.
A pie chart is a circle with sections that represent the relative (or percent) frequencies of various categories of a qualitative variable. The number of volumes each author has authored in a set of cookbooks is depicted in the accompanying chart. A bar chart shows each category of qualitative data's frequency or relative frequency as a vertical bar rising from the horizontal axis. A pie chart is a circle with parts, each of which shows the relative frequencies of various categories of a qualitative variable.
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when performing a financial analysys on an investment property an investor makes a projection of the net income that will be produced after all expenses hgave been deducted all of the following are considered operating expenses associated with the property except
All of the given expenses are considered operating expenses associated with the property, except 6.marketing expenses, which are typically considered a one-time expense that is not incurred on a regular basis.
When performing a financial analysis on an investment property, the investor makes a projection of the net income that will be produced after all expenses have been deducted. Some of the operating expenses associated with the property include:
Hence, all expenses are considered operating expenses associated with the property, except marketing expenses, which are typically considered a one-time expense that is not incurred on a regular basis. However, marketing expenses may be included as a variable operating expense in certain circumstances, such as when an investor is trying to fill a vacant unit.
The proper question is "when performing a financial analysys on an investment property an investor makes a projection of the net income that will be produced after all expenses hgave been deducted all of the following are considered operating expenses associated with the property except
Property management fees
Repairs and maintenance
Insurance
Taxes
Utilities
Marketing expenses"
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In which of the following circumstances would it be appropriate to use expansionary policy to increase GDP?When the economy is in long run equilibriumWhen resources are being used faster than they can be replacedWhen the economy is in a recessionWhen the economy is operating beyond full employment
The appropriate circumstance to use expansionary policy to increase GDP would be C: "when the economy is in a recession."
Expansionary policy refers to a set of measures taken by a central bank or government to stimulate economic growth and boost demand. It is typically used when the economy is in a recession or experiencing low economic growth. By increasing spending and lowering interest rates, expansionary policy can stimulate investment and consumer spending, leading to higher economic output and employment.
On the other hand, if the economy is already operating beyond full employment and resources are being used faster than they can be replaced, expansionary policy can lead to inflation and is not appropriate. Similarly, if the economy is in long run equilibrium, there may be no need for expansionary policy as the economy is already growing at a sustainable pace.
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At the most recent balance sheet date, Nike's accounting equation was (in millions): a. Assets $26,291 = Liabilities $9,674 + Stockholders' equity $12,767. O b. Assets $37,740 = Liabilities $23.287+ Stockholders' equity $9,965. c. Assets $26,291- Liabilities $9,674= Shareholders' equity $12,767. d. Assets $37.740 = Liabilities $24,973 + Stockholders' equity $12,767.
The balance sheet is one of the most important financial documents an organization can have. Then, The answer is d. Assets $37.740 = Liabilities $24,973 + Stockholders' equity $12,767.
It shows a company's total assets, liabilities, and stockholders' equity at a given time. This information is important because it allows investors and financial analysts to assess the financial health of a company and determine whether or not it is a good investment.
The balance sheet also reveals whether a company is using its resources effectively and efficiently to generate profits. By understanding a company's balance sheet, investors can decide whether to invest in a company or not.
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Is it True or False? according to the text, when evaluating the methodsection of an article, you should ask yourself who served as participants in the study.this is important because it helps you determine the of the results reported.
According to the text, when evaluating the method section of an article, you should ask yourself who served as participants in the study.this is important because it helps you determine the generality of results reported. (TRUE)
Research Methods in Scientific WritingIn scientific writing, there are specific methods used to collect data. There is no provision that it is only permissible to use one kind of method.
Therefore, you can use several methods at once to increase the accuracy of the data obtained. However, each method used will affect the results of the study.
1. Quantitative Research Methods
Quantitative methods are used to find data that requires observation. The results of collecting data using quantitative methods are numbers.
2. Qualitative Research Methods
The qualitative method is the opposite of the quantitative method. The result of this method is narrative data and not numbers.
3. Experimental Research Methods (Experiment)
In the experimental method, the researcher will conduct an experiment on something to find out the effect of the treatment given. Usually this method is applied in the fields of science and health.
4. Descriptive Research Methods
The descriptive research method is carried out by making a detailed description of the condition of a subject or object. The description is focused on the problem to be discussed.
5. Survey Method
The survey method is carried out by going directly to the field to find predetermined data. The purpose of the survey method is to obtain information according to the variables sought.
6. Questionnaire Method
Obtaining data on scientific writing can also be done by the questionnaire method. Researchers will ask questions according to the theme of scientific writing.
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TRUE/FALSE. the purpose of marketing is to develop an employees ability to multitask, analyze, design, write and be organized
The statement the purpose of marketing is to develop an employees ability to multitask, analyze, design, write and be organized is false. Planning is really what it comes down to. Juggling numerous tasks can get easier and less irritating with practise. You'll get better at multitasking as you finish more projects.
Throughout the working day, being speedier and more effective improves our performance and the number of jobs we finish. increased productivity The amount of work that can be undertaken rises if the activities are properly planned and employees. improved response to difficult tasks. Managing multiple tasks at once is referred to as multitasking. Employees frequently have to manage several activities or projects at once.
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T/F: Under both accrual-basis and cash-basis accounting, all revenues and expenses are recorded at the same point in time.
False, Since revenues and expenses are recorded on an accrual basis regardless of whether cash is received, paid, or not, in the period in which they are incurred. likewise, under the cash basis, it is determined by cash received and paid.
Businesses can only record income and expenses using the cash basis when actual payments or receipts of cash are made. Instead of recording when money actually changes hands, accrual accounting tracks income and expenses as they are incurred.
Although accrual accounting is preferable for some businesses and required for others to take advantage of specific tax strategies, cash accounting is much easier to use.
The primary distinction between cash and accrual accounting is the timing of when income and expenses are recorded in a company's books. Cash accounting is almost universally preferred by businesses that can use it because it is easier to understand.
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Scapegoating is a common way to neutralize what type of conflicts?
O a. Values
O b. Task
O c. Relationship
O d. Personal
In this question, scapegoating is a common way to neutralize relationship conflicts.
What is scapegoating?Scapegoating is the practize of assigning blame for issues or flaws within a broader system on a specific person or group. It happens as a means of deflecting blame and attention from the true problem, and it's frequently employed as a defensive tactic to allay feelings of guilt, fear, or other negative emotions by assigning them to an innocent individual. The actions are motivated by psychological and social considerations, such as the need to uphold one's sense of control, safeguard one's reputation, or follow societal conventions. Scapegoating may be damaging because it perpetuates negative preconceptions and biases and can be destructive to the individual or group being blamed.
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the presence of flotation costs may result in managers only selling stock as a last resort. this action is consistent with theories?
This action is consistent with theories pecking order hypothesis. A publicly traded company incurs flotation costs when it issues new securities and pays costs like underwriting fees, legal fees, and registration fees.
Businesses must take into account how these fees will affect the amount of capital they can raise from a new issue. The cost of new equity for a company is determined by factoring in floatation costs, expected return on equity, dividend payments, and the percentage of earnings the company expects to keep.
With the issuance of new equity, or newly issued common stock, there are flotation costs. These expenses consist of things like the cost of investment banking, legal fees, auditing fees, and commissions paid to a stock exchange to list the company's stock.
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The cosmetics industry in the district of Dunkenburg has many competing companies that sell personal care products. However, each company manufactures products that correspond to different income groups. The products are also different in terms of their uses. Which of the following market structures is existent in the cosmetics industry in Dunkenburg?
Monopolistic competition market structures are existent in the cosmetics industry in Dunkenburg.
Monopolistic opposition is a type of imperfect competition such that there are many manufacturers competing in opposition to each different, but selling merchandise that is differentiated from each other (e.g. by means of branding or first-class) and hence isn't perfect substitutes. In monopolistic competition, a business enterprise takes the costs charged with the aid of its opponents as given and ignores the effect of its personal costs at the costs of other groups.
If this occurs in the presence of coercive authorities, monopolistic competition will fall into government-granted monopoly. in contrast to perfect competition, the corporation continues spare capacity. models of monopolistic opposition are frequently used to model industries. Textbook examples of industries with marketplace structures much like monopolistic competition encompasses eating places, cereals, clothing, shoes, and service industries in massive cities.
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Dahlia Corporation has a current accounts receivable balance of $513,260. Credit sales for the year just ended were $4,986,340. a. What is the receivables turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the days' sales in receivables? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. How long did it take on average for credit customers to pay off their accounts during the past year? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Receivables turnover b. Days' sales in receivables c. Average collection period times days days
A). The receivables turnover is 9.72.
B), The days' sales in receivables is 37.57.
C). Average collection period times days is 37.57
A) Receivable turnover =Credit sales/Receivable
=4986340/513260
= 9.72
Ans b)Days sales receivable =Receivable*365/Credit sales
= 513260*365/4986340
=37.57
Ans c)Average collection period=365/AR turnover
= 365/9.72
37.57
An organization is an agency—normally a collection of people or a business enterprise—legal by way of the country to act as an unmarried entity (a felony entity recognized by private and public law "born out of statute"; a prison character in felony context) and recognized as such in regulation for certain purposes.10 Early integrated entities were mounted by charter (i.e. through an ad hoc act granted by means of a monarch or surpassed through a parliament or legislature).
Maximum jurisdictions now allow the advent of the latest organizations thru registration. businesses are available in many different types however are usually divided by means of the regulation of the jurisdiction wherein they may be chartered based totally on aspects: by way of whether they are able to trouble stock, or through whether or not they are shaped to make a profit. relying on the wide variety of proprietors, a company can be labeled as a combination (the problem of this article) or sole (a legal entity including an unmarried incorporated workplace occupied by means of a single natural character).
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which of the following questions should you ask yourself if you are unsure about the legality or appropriateness of an action or proposed action?
LearningHub Checkout Assist Assessment (4003
*How does Checkout Assist help me as a colleague?
Clear most ACO interventions remotely
Access an ACO lane with Remote Control
Perform an item or transaction void from the Ironman
Checkout Assist is a replacement for the Green Zone Captain
The Checkout Assist helps a colleague by "clear most ACO interventions remotely". Thus, Option A is correct.
Checkout Assist is a tool that allows colleagues to remotely clear most ACO (Assisted Check Out) interventions. This can help to streamline the check-out process and reduce customer wait times. Instead of having to call for assistance or leave the check-out area to clear interventions, colleagues can use Checkout Assist to quickly and easily resolve issues remotely.
This not only saves time but can also reduce the potential for customer frustration or delays. By making the check-out process more efficient and effective, colleagues can provide better service to customers and help to ensure a positive shopping experience.
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during the current month, pharoah company incurs the following manufacturing costs. (a) purchased raw materials of 16400 on account (b) incurred factory labor of 36000
Journal Entry for each type of manufacturing cost:
Debit: Factory Utilities $3,400
Debit: Depreciation Expense $9,100
Credit: Prepaid Factory Property Taxes $2,510
A journal entry is a record of a financial transaction in a company's accounting books. It shows the debit and credit accounts involved in the transaction and the amount of each.
In this case, we will be making journal entries for each of the three types of manufacturing costs incurred by Wacholz Company during the current month.
Purchased raw materials of $17,600 on the account:
Journal Entry:
Debit: Raw Materials Inventory $17,600
Credit: Accounts Payable $17,600
Incurred factory labor of $40,000:
Journal Entry:
Debit: Wages Payable $30,100
Debit: Payroll Taxes Payable $9,900
Credit: Factory Labor $40,000
Factory utilities of $3,400 are payable, prepaid factory property taxes of $2,510 have expired, and depreciation on the factory building is $9,100.
Complete Question:
During the current month, Wacholz Company incurs the following manufacturing costs:
a) Purchased raw materials of $17,600 on account.
b) Incurred factory labor of $40,000. Of that amount, $30,100 relates to wages payable and $9,900 relates to payroll taxes payable.
c) Factory utilities of $3,400 are payable, prepaid factory property taxes of $2,510 have expired, and depreciation on the factory building is $9,100.
Prepare journal entries for each type of manufacturing cost.
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The negative slope of the Production Possibilities frontier best represents which of the following concepts?
A) Economic Growth
B) Inefficiency in Production
C) Unemployment
D) Opportunity Cost
The negative slope of the Production Possibilities frontier best represents the concept of Opportunity Cost. Option D is correct.
Opportunity cost is the cost of an economic decision, measured by the value of the next best alternative that could have been chosen. This concept is represented by the negative slope of the Production Possibilities frontier because it shows the cost of producing more of one good, while sacrificing the production of another.
If a country wants to produce more of one good, then it has to sacrifice the production of another good. This is the concept of opportunity cost, and it is represented by the negative slope of the Production Possibilities frontier.
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Assume there are only two possible market outcomes, G ("good") and B ("bad"), with equal probability of 50%. The market return is equal to 16% in the good state and 0% in the bad state.Asset A offers a return of 20% in the good state and 0% in the bad state. What is asset A's expected return and covariance with the market return?
To calculate the expected return and covariance with the market return of asset A, we can use the following formula:
Expected return = (Probability of good state * Return in good state) + (Probability of bad state * Return in bad state)
Expected return of asset A = (0.5 * 20%) + (0.5 * 0%) = 10%
Covariance = (Probability of good state * (Return of asset A - Expected return of asset A) * (Market return in good state - Expected market return)) + (Probability of bad state * (Return of asset A - Expected return of asset A) * (Market return in bad state - Expected market return))
Expected market return = (0.5 * 16%) + (0.5 * 0%) = 8%
Covariance = (0.5 * (20% - 10%) * (16% - 8%)) + (0.5 * (0% - 10%) * (0% - 8%)) = 2%.
So, the expected return of asset A is 10% and its covariance with the market return is 2%.
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marquis company estimates that annual manufacturing overhead costs will be $911,020. estimated annual operating activity bases are direct labor cost $451,000, direct labor hours 45,100, and machine hours 90,200. compute the predetermined overhead rate for each activity base. (round answers to 2 decimal places)
The annual manufacturing overhead costs will be $911,020. The predetermined overhead rate for direct labor cost is 2.02, for direct labor hours it is 20.24, and for machine hours it is 10.12.
To compute the predetermined overhead rate for each activity base, we need to divide the estimated annual manufacturing overhead costs by the estimated annual operating activity base.
For direct labor cost,
$911,020 ÷ $451,000 = 2.02
The predetermined overhead rate for direct labor cost is 2.02, meaning that for every dollar of direct labor cost, $2.02 of overhead is expected to be incurred.
For direct labor hours,
$911,020 ÷ 45,100 = 20.24
The predetermined overhead rate for direct labor hours is 20.24, meaning that for every direct labor hour, $20.24 of overhead is expected to be incurred.
For machine hours,
$911,020 ÷ 90,200 = 10.12
The predetermined overhead rate for machine hours is 10.12, meaning that for every machine hour, $10.12 of overhead is expected to be incurred.
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Which one of the following must be true if the sustainable growth rate will be greater than the internal growth rate?
Multiple Choice
Net working capital > $0
Total debt > $0
Dividend ratio = 0
Retention ratio = 0
Sales > Total assets
Total debt > $0 is true if the sustainable growth rate will be greater than the internal growth rate.
The best method for figuring out a business's sustainable growth rate is to figure out the bare minimum growth rate that can be achieved under the assumption of Hundred percent employee retention. The corporation can expand as slowly as possible while maintaining a steady equity multiplier.
The highest rate of growth that a business or social enterprise can finance without using more equity or debt is known as the sustainable growth rate. It is the maximum rate of growth a business can experience while depending purely on its own resources and with no outside funding.
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Fashion Design
It is a good idea to make a mockup of a garment out of an inexpensive fabric called _[blank]_.
Which option correctly completes the sentence?
- jersey
- silk
- muslin
In fashion design, it is good idea to make a mockup of a garment out of an inexpensive fabric called muslin. The correct option is (C).
What do you mean by muslin fabric and used for?
A delicately and loosely woven cotton fabric with a long history that dates back to ancient India is known as muslin.
A single weft thread alternates over and beneath a single warp thread to create muslin using the simple weave method.
It serves as weight or is utilised in the lining of gowns. The fabric is translucent and thin and features raised dots and patterns. Muslin is used to make clothing and household goods in its roughest and thickest form, known as sheeting.
Therefore, in fashion design, it is good idea to make a mockup of a garment out of an inexpensive fabric called muslin.
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T/F the americans with disabilities act (ada) requires that organizations have job descriptions that list the essential functions of all jobs.
Which of the following statements about financial accounting is correct?a. Financial accounting reports are used primarily by employees to make business decisions related to production.b. Financial accounting reports are used primarily by management to understand whether a product line should be discontinued.c. Financial accounting reports are primarily prepared to provide information for external decision makers.d. Financial accounting reports primarily contain detailed internal records of the company.
The concept is Financial Accounting, the accounting department is responsible for summarizing, analyzing, and reporting financial transactions. The answer is option C.
Financial statements and balance sheets are primarily prepared to provide information to external decision makers.
Financial accounting is a specific branch of accounting that involves the process of recording, summarizing, and reporting the myriad of transactions arising from the operations of a business over a period of time.
Financial accounting focuses on summarizing and presenting a company's financial condition to those outside the company who have a direct interest, such as shareholders, creditors, government agencies, and suppliers.
Financial accounting can be on an accrual basis (recording expenses for unpaid items) or on a cash basis (only cash transactions are recorded). Financial reporting is done through financial statements such as the balance sheet, income statement, cash flow statement, and statement of changes in equity.
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Emory Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2018:
Activity Allocation Base Predetermined Overhead Allocation Rate
Materials Handling Number of parts $ 7.00 per part
Machine Setup Number of setups $ 800.00 per setup
Insertion of Parts Number of parts $ 28.00 per part
Finishing Number of finishing hours $ 30.00 per hour
Emory produces two wheel rim models: standard and deluxe. Expected data for 2018 are as follows:
Standard Deluxe
Parts per rim 3.0 10.0
Setups per 500 rims 14.0 14.0
Finishing hours per rim 6.0 6.5
Total direct labor hours per rim 7.0 8.0
Requirement 1. Compute the total estimated indirect manufacturing cost for 2018.
Begin by selecting the formula to compute the total estimated overhead​ (OH) costs.
X
=
Total estimated overhead costs
Now compute the total estimated indirect manufacturing cost for 2018.
Activity Total Estimated Indirect Manufacturing Cost
Materials handling Machine setup Insertion of parts Finishing Total Estimated Indirect Manufacturing Cost Requirement 2. Prior to 2018​, Emery used a single plantwide overhead allocation rate system with direct labor hours as the allocation base. Compute the predetermined overhead allocation rate based on direct labor hours for 2018. Use this rate to determine the estimated indirect manufacturing cost per wheel rim for each​ model, to the nearest cent.
​First, write the​ formula, and then enter the amounts to compute the allocation rate.
/
=
Allocation Rate
/
=
Use the single plantwide allocation rate to determine the indirect manufacturing cost per wheel rim for each​ model, to the nearest cent.
Indirect manufacturing cost per rim:
Standard Model: ____________
Deluxe Model: ______________
Requirement 3. Compute the estimated ABC indirect manufacturing cost per unit of each model for 2018. Carry each cost to the nearest cent.
Compute the costs per unit for the standard model​ first, then the deluxe model. ​(Carry the setup cost per rim to three decimal places. Round your final answers to the nearest​ cent.)
Allocated Mfg. OH Cost Per Rim Allocated Mfg. OH Cost Per Rim
Activity Standard Deluxe
Materials handling Machine setup Insertion of parts Finishing Total cost per rim
Using the ABC method, the total estimated indirect manufacturing cost for 2018 is computed as follows:
Materials Handling: 3.0 x $7.00 = $21.00
Machine Setup: 14.0 x $800.00 = $11,200.00
Insertion of Parts: 10.0 x $28.00 = $280.00
Finishing: (6.0 x $30.00) + (6.5 x $30.00) = $210.00
Total: $11,711.00
The predetermined overhead allocation rate based on direct labor hours for 2018 is computed as follows:
Total estimated overhead costs / Total direct labor hours = $11,711.00 / (7.0 x 500 + 8.0 x 500) = $11,711.00 / 7,000 = $1.67 per direct labor hour.
The estimated ABC indirect manufacturing cost per unit of each model for 2018 is computed as follows:
Standard Model: Materials Handling: $21.00, Machine Setup: $0.20, Insertion of Parts: $28.00, Finishing: $36.00, Total: $85.20
Deluxe Model: Materials Handling: $70.00, Machine Setup: $0.66, Insertion of Parts: $280.00, Finishing: $39.50, Total: $389.16.
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The Socio-Technical Approach has been adopted by many organizations because successful projects require a pure technical approach that focuses on the tools, techniques, and methodologies of IT development.
answer choicesTrue
False
The given declaration "The Socio-Specific Methodology has been embraced by various affiliations because productive endeavors require an essentially particular methodology that bright lights on the gadgets, systems, and ways of thinking of IT improvement". is true because
Sociotechnical systems (STS) is a methodology that depicts connection among individuals and innovation in the associations. The term can likewise be utilized in communication between society's intricate foundations and the human way of behaving.
Associations take on this way to deal with tackle specialist's communication with complex details in the working environment. The motivation behind having social and specialized points of view is to foster congruity of humans and innovation with one another. The socio-specialized framework depends on a mix of human and innovation.
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People visiting video rental stores often rent more than one DVD at a time. The probability distribution for DVD rentals per customer at Video To Go is given in the table below. There is a five-video limit per customer at this store, so nobody ever rents more than five DVDs.x P(x)0 0.031 0.522 0.233 4 0.075 0.04Part (a)Describe the random variable X in words.X is the number of times a single customer comes into the store. X is the number of DVDs a customer owns. X is the number of customers that come into the store. X is the number of total DVDs rented at the store X is the number of DVDs a customer rents.Part (b)Find the probability that a customer rents three DVDs. (Enter an exact number as an integer, fraction, or decimal.)
Part (a)The random variable X is the number of DVDs a customer rents.
Part (b)The probability that a customer rents three DVDs is 0.233.
Video rental stores are a popular place for people to rent DVDs.The probability distribution for DVD rentals per customer at Video To Go is given in a table. There is a five-video limit per customer at the store, meaning nobody rents more than five DVDs. The random variable X represents the number of DVDs a customer rents. Video rental stores have been a popular place for people to rent DVDs for many years. These stores offer a wide variety of films for customers to choose from, making it easy for people to find something they like. To help understand the rental patterns of customers, a probability distribution table is often created. The table shows the possible number of DVDs a customer may rent and the corresponding probabilities. I n this case, the table is for the Video To Go store and takes into account their five-video limit per customer. This means that no customer rents more than five DVDs at a time.
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Concerning segmentation criteria, _____ refers to the degree to which information on the particular buyer characteristic exists or can be obtained.
Concerning segmentation criteria, Data availability refers to the degree to which information on the particular buyer characteristic exists or can be obtained.
The five requirements for efficient market segmentation are as follows: Your market's size and purchasing power profiles should be quantifiable, which means there should be statistics available. The profiles and data of a consumer give marketing strategists the knowledge they need to execute their campaigns. In contrast to many others, demographic factors are also quite simple to quantify. The market can be segmented using psychographic market segmentation criteria based on factors including socioeconomic class, lifestyle, and personality. For a detailed explanation of how to use psychgraphics as a potent segmentation criterion in marketing, see this page.
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