Ask question

Ask question

All categories

2 years ago

7

A question asked in a market survey asks for a respondent's favorite car color. which measure of central location should be used

to summarize this question

1 answer:

nata0808 [166]2 years ago

4 0

Sdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsdsd

You might be interested in

What allows consumers to receive goods and services in a non-price rationing system?

Tatiana [17]

Non-price rationing system is commonly done by queuing (to resolve rationing problems brought by price ceilings) and by coupons (to restore buyer equilibrium). Favored customers who received special treatment from dealers when there is an excess demand, which means: owners giving goods and services to their friends, is another non-price rationing mechanism. I hope that this is the answer that you were looking for and it has helped you.

6 0

2 years ago

Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac

erastova [34]

Answer:

$4,500 U

Explanation:

Teall Corporation

Budget variance = Actual fixed overhead cost − Budgeted fixed overhead cost

Actual total fixed manufacturing overhead $ 59,500

Less Budgeted fixed manufacturing overhead cost $ 55,000

Fixed manufacturing overhead budget variance for the month $4,500 U

Therefore the fixed manufacturing overhead budget variance for the month is $4,500 U

4 0

2 years ago

The Greenback Store’s cost structure is dominated by variable costs with a contribution margin ratio of 0.40 and fixed costs of

velikii [3]

Answer:

Cost structure:

$\left[\begin{array}{ccc}&$greenback&$one-Mart\\$sales&480,000&480,000\\$variable cost&288,000&144,000\\$contribtuion&192,000&336,000\\$fixed&100,800&244,800\\$operating&91,200&91,200\\\end{array}\right]$

a 10% increase in sales generates increase in profits for:

greenback: 19,200

one-Mart: 33,600

Explanation:

10 increase in sales:

480,000 x 10% = 48,000

to calcualte the increase in profit, we multiply the increase in sales by the contribution margin:

greenback 48,000 x 0.4 = 19,200

one-Mart 48,000 x0.7 = 33,600

8 0

2 years ago

Akers Company sold bonds on July 1, 20X1, with a face value of $100,000. These bonds are due in 10 years. The stated annual inte

taurus [48]

Answer:

Bond Price = $86409.67366 rounded off to $86409.67

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 100000 * 0.06 * 6/12 = $3000

Total periods (n) = 10 * 2 = 20

r or YTM = 0.08 * 6/12 = 0.04 or 4%

The formula to calculate the price of the bonds today is attached.

Bond Price = 3000 * [( 1 - (1+0.04)^-20) / 0.04] + 100000 / (1+0.04)^20

Bond Price = $86409.67366 rounded off to $86409.67

8 0

2 years ago

For each of the following, journalize the necessary adjusting entry:

stira [4]

Answer: Please see explanation column for answer

Explanation:

1.Journal to record the necessary adjusting entry at the end of the fiscal period on Tuesday,

Account Debit Credit

Salaries expense $8,800

Salaries payable $8,800

Calculation for for a five-day week ending tuesday

22,000 x 2/5 = $8,800

2.Journal to record the necessary adjusting entry at the end of the fiscal period on wednesday

Account Debit Credit

Salaries expense $13,200

Salaries payable $13,200

Calculation for for a five-day week ending Wednesday

22,000 x 3/5 = $13,200

b1.Journal to record the amount of insurance expired during the year

Account Debit Credit

Insurance expense $5,300

Prepaid Insurance $5,300

b2Journal to record the amount of insurance expired during the year

Account Debit Credit

Insurance expense $15,300

Prepaid Insurance $15,300

Calculation: Insurance expired = balance - unexpired insurance = 18,000 - 2,700=$15,300

c1)Journal to record the licence taxes expired for the year

Account Debit Credit

License tax expense $4500

Prepaid tax $4500

Calculations= license tax per year = $54,000/12= $4500

c2)Journal to record the Property taxes allocable to july at $4,800

Account Debit Credit

Property tax expense $4800

Property tax payable $4800

d)Journal to record the estimated depreciation on equipment for the year at $32,000.

Account Debit Credit

depreciation expense $32,000

Accumulated depreciation $32,000

7 0

2 years ago