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2 years ago

7

When an administrator at a local hospital prepares a series of charts and graphs pertaining to the patients that have stayed at

the hospital during the past month, she is using which general category and statistical analysis?

1 answer:

Tresset [83]2 years ago

5 0

<span>Descriptive Statistics is what is being used (please rate and thanks)</span>

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Assume that demand for bottled water is relatively price elastic. An increase in supply of bottled water will result in which of

DENIUS [597]

Answer:

3 then 1

Explanation:

Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.

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g The Nite Lite Factory produces two products - small lamps and desk lamps. It has two separate departments - finishing and prod

almond37 [142]

Answer:

$7.20

Explanation:

Given the following :

FINISHING department :

overhead budget = $550,000

direct labor HOURS = 500,000

PRODUCTION department :

overhead budget = $400,000

direct labor hours = 80,000

Predetermined allocation rate for finishing department :

Overhead / allocation base = ($550,000 / 500,000) = $1.10 per direct labor hour

Predetermined allocation rate for production department :

Overhead / allocation base = ($400,000 / 80,000) = $5 per direct labor hour

If the budget estimates that a desk lamp will require 2 hours of finishing and 1 hour of production:

Finishing department :

(2 × Predetermined allocation rate for finishing department)

= (2 × $1.10) = $2.20

Production :

(1 × Predetermined allocation rate for production department)

= (1 × $5). = $5

Total = ($2.20 + $5) = $7.20

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A manufacturing company has the following budgeted overhead costs: Indirect materials: $0.50 per unit; Utilities: $0.25 per unit

Darina [25.2K]

Answer:

Total overhead $

Indirect material ($0.5 x 200,000 units) = 100,000

Utilities ($0.25 x 200,000 units) = 50,000

Supervisory salaries = 60,000

Building rent = 80,000

Total overhead 290,000

Overhead rate = <u>Budgeted overhead</u>

Budgeted direct labour hours

= <u>$290,000</u>

100,000 hours

= $2.90 per direct labour hour

Explanation:

In this case, we need to obtain the total overhead, which is the total of indirect material, utilities, supervisory salaries and building rent.

Then, we will divide the total overhead by direct labour hours so as to determine the overhead rate.

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A manufacturer of lawn care equipment has introduced a new product. The anticipated demand is normally distributed with a mean o

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Answer:Expected profit = $2657a

Explanation:

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Emily jones, a junior design artist with a studio called eye for design, was known to be very good at her job. she had a lot of

Thepotemich [5.8K]

Answer:

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Explanation:

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