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juin [17]
1 year ago
9

QUESTION THREE.

Business
1 answer:
lapo4ka [179]1 year ago
8 0

Answer:

We can first order the data from smallest value to largest value:

461

549

745

1500

1800

2000

3750

4795

68000

a) The mean is 9289, and the median is 1800

b) The data does have an outlier, which is 68000, because it is more that three standards deviations away from the mean, excluding this value, our new mean is 1950 and our new median is 1650. We can see that the greatest change in value was for the mean.

c) the median is more appropriate because the median is less sensitive to outliers. The mean can be easily swayed by outliers in either way, and this can give an erroneous impression of the data.

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Pouch Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-
Sunny_sXe [5.5K]

Answer:

$31,584

Explanation:

Pouch Corporation

Direct Labor Budget June July Total

Required production in units

2,100 1,900

Direct labor-hours per unit

0.84 0.84

Total direct labor-hours needed

1,764 1,596

Direct labor cost per hour

$9.40 $9.40

Total direct labor cost

$16,581.60 $15,002.40 $31,584

Required production in units×Direct labor-hours per unit =Total direct labor-hours needed

Total direct labor-hours needed×Direct labor cost per hour =Total direct labor cost

$16,581.60 + $15,002.40 = $31,584

8 0
1 year ago
Let's say that you choose to buy bread in a grocery store. According to the marginal benefit and marginal cost principle, how ma
snow_lady [41]
Six is your answer because if it cost $2.00 and you have 4 it makes sense
8 0
1 year ago
Vaughn Manufacturing has outstanding 596000 shares of $2 par common stock and 119000 shares of no-par 6% preferred stock with a
natima [27]

Answer: $107,900

Explanation:

Cumulative Preferred Shares refer to shares that a company has to pay dividends eventually. This means that if they are unable to pay for some years, they are to accrue that payment until they are able to.

There are 119000 shares of no-par 6% preferred stock with a stated value of $5.

That means preferred shares are liable to the following amount of dividends,

= 119,000 * 5 * 6%

= $35,700

Preferred Shares have not being paid for the past 2 years and need to be paid in the current year as well. That means 3 payments,

= 35,700 * 3

= $107,100

Preferred Shares are to be paid $107,100 out of the $215,000 with the rest going to common shares.

Amount going to Common Shares is,

= 215,000 - 107,100

= $107,900

Common Stockholders are to receive $107,900

7 0
2 years ago
____________ negotiate with one another, buy and sell products and facilitate the change of ownership between buyer and seller i
Arada [10]

Answer:

Intermediaries

Explanation:

The reason is that the intermediaries are the ones that helps the suppliers and the buyers of the products to to move the product to the end customers. This intermediary is the part of distribution channels that helps in delivering the product to the end customers.

5 0
1 year ago
A tire manufacturer produces 400 tires valued at $20 each. Three hundred tires are sold to a tire shop, which then sells them to
Leto [7]

Answer: $17,000

Explanation:

Produced =400 x $20= $8000

Tire shop bought = 300 x$20 =$6000

Household bought =300 x$50 =$15000

Household - Tire shop = $15000 - $6000 =$9000

GDP= $9000+ $8000 =$17000

4 0
2 years ago
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