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Talja [164]
2 years ago
9

A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var

iation is from .03 to .05 defective. a. Compute the capability index for the process. b. Is the process capable?
Business
1 answer:
Reil [10]2 years ago
3 0

Answer:

<em>A. 1.111</em>

<em>B. The process is not capable</em>

Explanation:

Part A

Capacity index help to determine the performance of a process and how it could perform in the future. A capacity index of above 1.33 means that the process is capable but a capacity index below 1.33 means that the process is not capable. The capacity index can be calculated using equation 1;

From the mean  which is 0.5, it can be determined that the process is a centered process.

For centered process, the mean = 0.5 x (Upper s. - Lower S.) = 0.5 x 0,02 = 0.04

so the capacity index for centered mean will be used

C_{p} =\frac{Upper Specification-Lower Specification}{6 * standard deviation} ................................................1

Given standard deviation = 0.003

upper specification = 0.05

lower specification = 0.03

C_{p} =\frac{0.05- 0.03}{6 * 0.003}\\\\C_{p} = \frac{0.02}{0.018} \\\\C_{p}  = 1.111

Therefore the capacity index of the process is 1.111

Part B

The capacity index of the process is 1.111 and it is less than 1.33, this means that the process is not capable.

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Margaret [11]

Answer:

Bill must earn at 4.89% interest rate

Explanation:

The rate that Bill must earn on the $26,000 in order to be able to accumulate $30,000 in three years' time is computed below using the future value formula:

FV=PV*(1+r)^N

FV is the future value of $30,000

PV is the principal to be invested today of $26,000

N is the duration  of the investment of 3 years

r is the unknown

30,000=26000*(1+r)^3

divide both sides by 26,000

30000/26000=(1+r)^3

divide the index on both sides by 3

(30000/26000)^(1/3)=1+r

r=(30000/26000)^(1/3)-1

r=1.048856246 -1

r=0.048856246

r=4.89%

6 0
2 years ago
Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation). Kiyara does not do any work for Jazz Corp. J
Airida [17]

Answer and Explanation:

a. The computation of Kiyara’s deduction for qualified business income is shown below:-

Kiyara's Share of income is

= 50% × $332,000

= $166,000

Max qualified business deduction is

= 20% × $166,000

= $33,200

b. The computation of Kiyara’s net investment income tax liability is shown below:-

Net investment income tax liability = $166,000 × 3.8%

= $6,308

c. The computation of Kiyara’s self-employment tax liability is shown below:-

Kiyara is not earning Jazz Corp.'s self-employment taxable income because Kiyara is not doing work for Jazz Corp.

Hence, the tax liability for self-employment is 0.

d. The computation of Kiyara’s additional Medicare tax liability is shown below:-

Additional medicare tax liability

= $282,000 - $200,000

= $82,000 × 0.9%

= $738

5 0
2 years ago
4. Formulate an equation that would allow you to calculate the PERCENTAGE of people who filed their taxes during the week of Apr
STatiana [176]

Answer:

% people filed taxes = [Number of filed their taxes / Total number of people]100

Explanation:

% people filed taxes = [Number of filed their taxes / Total number of people]100

Assume;

Number of filed their taxes = 100

Total number of people = 1,000

% people filed taxes = [100/1000]100

% people filed taxes = 10%

5 0
2 years ago
Steve Company purchased a tractor at a cost of $180,000. The tractor has an estimated salvage value of $20,000 and an estimated
Ghella [55]

Answer:

Steve Company

Entries to record the sale of the tractor will show:

Debit Cash Account with $70,000

Credit Sale of Tractor with $70,000

To record the sale

Debit Accumulated Depreciation with $72,000

Credit Sale of Tractor with $72,000

To record the transfer of accumulated depreciation.

Debit Sale of Tractor with $180,000

Credit Tractor Account with $180,000

To record the transfer of Tractor account.

Debit Loss on Sale of Tractor with $38,000

Credit Sale of Tractor with $38,000

To record the loss on sale of tractor.

Explanation:

1. Depreciation Expense for:

2019 = ($180,000 - 20,000)/10,000 x 2,400 = $38,400

2020 = ($180,000 - 20,000)/10,000 x 2,100 = $33,600

2. Accumulated Depreciation balance = $72,000 ($38,400 + 33,600)

3. Tractor account will be equal to $180,000 and this is transferred out to Sale of Tractor to account for the transaction.

4. Loss on Sale of Tractor =  $38,000 ($180,000 - 72,000 - 70,000).  The tractor was sold for less than its book value.  The book value is the Tractor book value minus the accumulated depreciation.

3 0
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Charger Company's most recent balance sheet reports total assets of $32,868,000, total liabilities of $19,668,000 and total equi
-Dominant- [34]

Answer:

1.49

Explanation:

The computation of the debt equity ratio is shown below:

Debt Equity Ratio is

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= $19,668,000 ÷ $13,200,000

= 1.49

By dividing the total liabilities from the total equity we can get the debt equity ratio and the same is to be considered plus it also shows a relationship between the total liabilities and total equity

4 0
2 years ago
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