Answer:
Total cost of Ticket = $96
Explanation:
Provided information,
Total number of people buying lottery ticket in a joint contribution = 10
Two people withdraw being short of funds, therefore people buying such ticket = 8
Revised share increase by $2.40 each.
Total increase = $2.40 
8 = $19.20
Just because 2 people withdraw, thus earlier contribution per person = $19.20/2 = $9.60
Therefore, total cost of ticket = $9.60 10 = $96
Answer:
table of contents
Explanation:
Table of contents, usually put at the beginning or end of a document, lists the chapter and section of the document, together with their page numbers. This is the widely used method that makes literature more readable and searchable.
So, Melanie needs to create a table of contents, so her readers will be able to find specific sections after glancing at it.
Answer:
e. diversity-focused
Explanation:
-Ethical culture refers to a culture in which people behave according to the group of values and standards set by the organization.
-Friendly is a culture where there is a good working environment in which people are nice and kind.
-Innovative is a culture in which leaders motivate people to think differently and propose new things.
-Customer-responsive is a culture in which people focus on taking care of customer's needs.
-Diversity-focused is a culture in which the company is open to people with different backgrounds where there is freedom to offer new perspectives that allows to generate debate and people is more willing to take risks.
According to this, the answer is that the type of culture that would most likely include characteristics such as openness, freedom, debate, and risk-taking is diversity-focused.
Answer:
Fixed overhead application rate
= <u>Budgeted fixed overhead</u>
Budgeted direct labour hours
= <u>$200,000</u>
25,000 hours
= $8 per diect labour hour
Fixed overhead volume variance
= (Standard hours - Budgeted hours) x Fixed overhead application rate
$8,000 = (SH - 25,000) x $8
$8,000 = 8SH - 200,000
$8,000 + $200,000 = 8SH
$208,000 = 8SH
SH = $208,000/8
SH = 26,000 hours
Fixed manufacturing overhead application rate
= 26,000 hours x $8
= $208,000
The correct answer is C
Explanation:
In this case, we need to calculate the fixed overhead application rate, which is the ratio of budgeted fixed overhead to budgeted direct labour hours.
Then we will determine the standard hours from fixed overhead volume variance. Since budgeted hours and fixed overhead volume variance have been given, we need to make standard hours the subject of the formula.
Finally, we will calculate the fixed overhead applied, which is the product of fixed overhead application rate and standard hours.
Answer:
Expected payoff from insurance:
$1000*0.20 = $200
0*0.80=0
Expected payoff is $200
He pais $400 for insurance.
He gains only if there is a flood, but he has an expected loss of $200
