Exercise 6A-5 Least-Squares Regression [LO6-11][The following information applies to the questions displayed below.] George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: WeekUnitsTotal Etching Cost1 4 $18 2 3 17 3 8 25 4 6 20 5 7 24 6 2 16 30 $120 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week.Exercise 6A-5 Part 33. If the company processes five units next week, what would be the expected total etching cost?
Answers
Answer:
George Caloz & Freres
The High - Low method can be used to solve:
The Highest Units and cost = 8 at $25
The Lowest Units and cost = 2 at $16
The difference = 6 units at $9
a) Variable cost = $9/6 = $1.5 per unit
b) Fixed cost at Highest unit produced, is then:
8 x $1.5 + Fixed cost = $25
Fixed cost = $25 = $12 (8 x $1.5) = $13
Check:
At lowest units of production, fixed cost:
Fixed cost = $16 - $3(2x $1.5) = $13
c) If the company processes 5 units next week, the expected total etching costs will be $20.50 (5x $1.5 + $13)
Explanation:
a) Arrangement of the cost data:
Week Units Total Etching Cost
1 4 $18
2 3 $17
3 8 $25
4 6 $20
5 7 $24
6 2 $16
30 $120
b) The High - Low can be used to work out the variable and fixed elements of cost. This method extracts the differences in units and cost to determine the variable cost per unit and the fixed cost.
Related Questions
Which of the following is an accurate comparison between email and new media?
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Name any 2 money flows in the circular flow model in a economy.
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One thing a companys misson statement should capture is
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One of the pretensions of a company's Mission statement should be to inspire or assure the general public with its passion and vision.
A Mission statement describing an association's charge and client service practices is known as a charge statement. This sometimes incorporates a definition of the association, what it does, and its pretensions.
A brief summary of your company's thing is called a charge statement. You'll notice that the introductory exemplifications of charge statements encompass broad ideals and objects.
An association's statement of purpose ought to obviously characterize your image's provocation, center capability, and objects. To put it another way, it reveals to the world who you are, what you do, why you do it, and how you approach it in a unique way.
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Approximately interest rate to the nearest whole percentage would you need to earn in order to turn $3500 into $7000 over 10 years?
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Answer:
Explanation:
FV = PV(1+i)^n
Where:
PV = 3,500
FV = $7,000
n = 10
i = ?
Now putting values in the formula:
$7,000 = $3,500(1+i)^10
2 = (1+i)^10
1+i = 2^0.1
1+ i = 1.071773463
i = 0.071773463 = 7.177%
Where would a history student most likely find this image?
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Answer : there’s no pic
Steve and Holly report the following items for 2020: Dividend income $16,000 Interest income 14,000 Itemized deductions (none of the amount resulted from a casualty loss) (26,000) Business capital gains 2,000 Business capital losses (10,000) In calculating their net operating loss, and with respect to the above amounts only, what amount must be added back to taxable income (loss)
Answers
Answer: ($4000)
Explanation:
Based on the information given in the question, the amount that must be added back to taxable income (loss) in calculating their net operating loss, will be:
Dividend income = $16000
Add: Interest income = $14000
Add: Business capital gain = $2000
Less: Business loss = $10000
Less: Itemized deduction = $26000
Taxable loss = ($16000 + $14000 + $2000) - ($10000 + $26000)
= $32000 - $36000
= - $4000
Describe the general processes that should be followed in managing risks throughout a project. Be sure to include the general sequence in which these processes are carried out.
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Answer:
The risk management process can be summarised into simple but effective steps.
1. Identification / Recognition of Risk: You can't manage risk if you haven't identified it. Project risks can be very overwhelming. But here are some steps that can help you do so:
Consider every aspect of the projectLook at worst-case scenarios with respect to each milestone/aspect of the project. Ask the question "what is the worst occurent that can take place?"Consulting an expert can also be a quick way to properly identify risks. This is so because they have many years of experience doing so. The downside to this is that it can be expensive.Carrying out internal and external research Getting regular feedback from employees. Employees are the ones who operate the process. Their experiences are invaluable.Documenting and examining complaints from customers. This is one of the best ways of protecting one's brand for loss of equity. Customers are a strong gauge of whether or not the company is doing it right.Once risks have been identified, they can be inserted into a Project Risk Register.
A project risk register is can be a hard document or an electronic document which itemizes all the risks relating to a project as well as their nature. It helps the project manager to keep an eye on all regulatory and compliance risks.
2. Risk Analysis
Risk analysis refers to the process of grouping risks according to their probability of occurence as well as their potential impact on the Project.
3. Risk Evaluation
This refers to the categorization of the risks according to the size of potential damage to the project if they occurred. Some of them will require urgent and or serious attention, others, on the balance of probability will require little or no treatment as their likelihood of occurrence and consequences are very low.
4. Transfer, Mitigate, or Eliminate the Risk
There are several ways to remove or reduce risks. Some of them are:
Use of policies: Policies modify and guide human behaviour within an organisation. When people do the right thing, there is less risk to worry about.Use of contracts: Many of the risks which can affect a project can arise from the contract. Having a legal professional go through a contract can help to reduce risks associated with entering into the same.Insurance: This is a risk transfer mechanism which allows an insurance company to take on the risks of a project or a business in exchange for a premium.5. Continously review and monitor the Risks
The Project Risk Register is a good tool for reviewing and monitoring risks.
When there is a new development with the project, it is important to ask the question "how does this modify our risk exposure".
If for instance, the geographical location for a construction project has changed, this may significantly alter the risks universe of the project and needs to be reviewed/managed using steps 1-4 above.
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If brainly say you will never run out of answers
well I just did and I have to finish a test. Brainly is the worst site.
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Answer:
you have to ask a question if you don't see what you need
Explanation:
SunRay Foundation, a corporation owned and managed by volunteers, supplies medicines and vaccines to impoverished people in Asia and Africa. Its focus is not on earning a surplus but on serving the community. SunRay Foundation is an example of
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Answer:
" Nonprofit corporation" is the right solution.
Explanation:
A non-profit corporation would be an organization constructed again for benefit of the community better, for compassionate or some other kind of government service primary motivations, instead of just merely to generate a financial gain on its own, as when the customer requested to be doing. The strongest reason for utilizing the whole degree of formal entity is that everything is responsible for claim federal and state taxes on just about any earnings the corporate entity receives, with exception of for corporate entities.The Bountiful Bakery is considering hiring another pastry chef. The bakery knows the average product of its chefs currently is 15 dozen croissants per day. It also believes that the next chef hired will produce an extra 12 dozen croissants per day. A dozen croissants sell for $30. The bakery should hire another worker:
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Answer: only if the new chef's daily wage is $360 or less.
Explanation:
It should be noted that the decision with regards to hiring a new chef will be made by the company when the marginal value product is more than the marginal cost.
The marginal value product here will be: = (12 × $30) = $360. Therefore, The bakery should hire another worker only if the new chef's daily wage is $360 or less.
321 ASSIGNMENT 1: Individual Assignment. Discuss the contribution of transportation to the development of the developing countries at a global level with specific focus on the South African economy. {100} In essay format
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In emerging countries, transportation is extremely important. The world's richest and most powerful nations have effective transportation infrastructure. Maciulis (2009) cited as an example:
Increasing reliability, improving service quality, and increasing transport capacity are the goals of investments in transportation infrastructure. As a result, transportation expenses were reduced, and transit times were shortened. Additionally, a stronger transportation infrastructure is a must for business growth. Summarizing the previously discussed concepts, we now have increased productivity and competitiveness, which are the foundation of economic growth.
As human needs change, so do transportation facilities. Today, people, food, and finished goods may all be transported using a variety of modes of transportation, including the car, bus, truck, subway, train, ship, and airplane. Transportation has a lot of advantages, but it also has some drawbacks. According to Litman (2012), greenhouse gases from automobiles are responsible for some consequences on human health and the environment, such as climate change.
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Company A has 800 employees, and it decides to grant each of the employees 50 share options as part of its new rewards plan. The options are exercisable over 5 years and subject to a 3-year service condition. The fair value of each option at the grant date is $16. The company estimates that 80% of its employees will meet the service condition required for receiving the options. Calculate the total share-based payment expense for Company A assuming that 80% of the employees actually meet the service condition.
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The total share-based payment expense for Company A is mathematically given as
TS= $512,000.
What is the total share-based payment a expense for Company A?let number of Employees satisfying service condition be x
Hence
x= 800* 0.8
x=640.
let the total No of options Estimated to be exercised be y
y= 640*50
y=32000.
Generally, the equation for Total Share is mathematically given as
TS= The total number of options expected to be exercised Muiltiplied by Fair value
Therefore
TS= 32000* 16
TS= 512,000.
In conclusion, the total share-based payment expense for Company A
TS= $512,000.
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Linda needs fresh fruits and vegetables so she decides to go grocery
shopping. According to Maslow's hierarchy of needs, which category of
needs does this fall under?
A. Physiological
B. Esteem
C. Affiliation
D. Safety
Answers
Answer:physiological
Explanation:
According to Maslow's hierarchy of needs, the Physiological category of needs is this condition. Thus, option A is correct.
What is Maslow's hierarchy of needs?According to Maslow's theory, a model of motivation, a person's conduct is determined by 5 categories of basic human needs. These needs include that physiology, safety, belongingness, respect, and self-actualization.
The base of Maslow’s model of requirements is biological requirements for human survival. They seem to be the things a man needs the most in order to live. Linda chooses to go shopping since she needed fresh produce. shopping.
They encompass the requirements for food, clothing, comfort, rest, and healthcare. At about this level, a human's drive stems from their survival instinct. Therefore, option A is the correct option.
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The difference between a firms current assets and current liabilities is known as the
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Answer:
Working capital
Explanation:
Working capital, also called net working capital, represents the difference between a company's current assets and current liabilities.
The difference between a firm's current assets and current liabilities is known as its "working capital." Working capital is a measure of a company's short-term financial health and represents the funds that are available to finance the day-to-day operations of the business.
Current assets include cash, accounts receivable, inventory, and other assets that are expected to be converted into cash within one year or within the normal operating cycle of the business, whichever is longer. Current liabilities, on the other hand, include accounts payable, short-term loans, and other obligations that are due within one year or within the normal operating cycle of the business. Therefore, working capital is calculated by subtracting current liabilities from current assets: Working Capital = Current Assets - Current Liabilities
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The study of economics is nothing but the study of a tree and a forest. Discourse with respect to branches of economics
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The study of economics involves the examination of individual components represented by branches and the analysis of the broader system represented by the forest.
How does the study of economics relate to a tree and a forest?Just as a tree consists of various branches that connect and support each other, the study of economics comprises different branches that explore specific aspects of the economy. These branches including microeconomics, macroeconomics and international economics focus on understanding and analyzing elements of economic behavior and systems.
The interplay between the various branches of economics contributes to comprehensive understanding of how individual economic decisions and activities collectively shape the broader economic system. By studying both the branches and the forest, economists can gain insights into the intricate relationships.
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Assume you joined as a Professor to a department. The tale of Professor John Smith and his grade book filled with Fs was told by one generation of faculty to the next with a mix of envy, awe and delight. If there was one thing you could be sure of, there was no grade inflation your new department, whose culture was formed primarily by: *
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Answer:
Bruh
Explanation:
what are some ways the financial crisis in 2008 could've been avoided
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The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.
The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.
Here are some ways the financial crisis in 2008 could have been avoided:
1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.
2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.
3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.
4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.
5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.
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What is an example of a 'Sunk cost" ? *
A the price of food when cooking a meal
B. the price of a video game when buying a birthday present
C. the price of last month's car repairs when getting your car fixed
D the price of college when getting a job
Answers
Answer:
C. the price of last month's car repairs when getting your car fixed.
Explanation:
The correct option is - C. the price of last month's car repairs when getting your car fixed.
Reason -
A sunk cost is a past cost that you can’t recover.
Present owners of a network good receivegreater benefits as new buyers purchase the good. How do network externalities help a monopoly retain its market power? By exploiting network externalities, a firm can become a natural monopoly. If there are strong network externalities associated with a good, other goods are poor substitutes for it. Goods with network externalities are more likely to receive a government patent.
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Answer:
How network externalities help a monopoly retain its market power:
By exploiting network externalities, a firm can become a natural monopoly.
Explanation:
In economics, Network externality describes a situation whereby the demand for a product depends on the demand of other consumers buying that product. This implies that the value of the product to the consumer is increased because others are joining as buyers. The present owners of a network product will actually gain more benefits as new buyers purchase the good because the fixed costs of rendering the service or providing the good are not increased with increasing buyers, but remain the same over a relevant range.
Do you believe that the citizenship process is fair? Why or why not?
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Answer: no, because the way African Americans are being treated is horrible and the way cops think that they can just pop someone out of nowhere and have no consequences is brutal and lose their badge for it is cruel and how blacks can't get good jobs or good pay like "noncolored" people is horrible and how people want to come to the US for a better life but get punished for coming so do i think citizenship process is fair no i do not
a single person making $240 weekly and claiming 1 allowance would have $13 withheld for income taxes.A married person making $240 weekly and claiming 1 allowance would have $3 withheld for income taxes.Do you think this is fair?Why or Why not?
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______segmentation has long been used by the marketers of products and services
such as automobiles, boats, clothing.cosmetics, financial services, and travel.
a. Behavioral
b. Age
C Gender
d. Income
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Gender segmentation has long been used by the marketers of products and services such as automobiles, boats, clothing.cosmetics, financial services, and travel. The correct option is c.
a. Behavioral Segmentation:
Behavioral segmentation divides customers based on their behavior, usage patterns, and buying habits. It helps marketers understand customers' preferences, loyalty, purchase frequency, and responses to marketing efforts.
This type of segmentation allows marketers to tailor their offerings and marketing messages to specific customer behaviors and needs. For example, in the automobile industry, behavioral segmentation can be used to target customers who frequently upgrade their vehicles or those who prioritize fuel efficiency.
b. Age Segmentation:
Age segmentation categorizes customers into different age groups. This segmentation variable recognizes that different age groups have distinct preferences, lifestyles, and purchasing power.
Marketers use age segmentation to target products and services that align with the needs and desires of specific age demographics. For instance, clothing companies may create separate marketing campaigns to target teenagers, young adults, and middle-aged individuals, each catering to their unique fashion preferences.
c. Gender Segmentation:
Gender segmentation involves dividing customers based on their gender, recognizing that men and women often have different preferences and needs.
Marketers use gender segmentation to create targeted marketing messages and product offerings that appeal specifically to male or female customers. For instance, cosmetic companies may develop separate product lines and marketing strategies for men and women, focusing on their respective beauty needs and preferences.
d. Income Segmentation:
Income segmentation groups customers based on their income levels. It enables marketers to understand the purchasing power and affordability of different customer segments.
By targeting customers based on their income, marketers can tailor their pricing, promotions, and product offerings accordingly. For instance, financial services companies may offer premium banking services to high-income individuals, while providing budget-friendly options for customers with lower incomes. The correct option is c.
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1.) Name two alphabetic arrangements of subject records storage.
2.) Explain how the two arrangements are alike and how they differ?
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Answer:
1.) An alphabetic listing of all subject titles used in the filing system
2.) Titles on the master index are used for filing and retrieving records
1.3 Eloberate on the meaning of crisis.
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You see that First National Bank is willing to make you a four-year $40,000 car loan with an interest rate of 4.2%. However, the same bank will charge you 16.5% interest on a credit card that it issues. Why is the interest rate on the credit card so much higher than the interest rate on the car loan?
Answers
The interest rate on a car loan is typically lower than the interest rate on a credit card because a car loan is secured by the vehicle being purchased, which the bank can seize and sell if the borrower defaults on the loan.
How is credit card debt considered?Credit card debt, on the other hand, is unsecured, meaning that the bank has no collateral to recover if the borrower is unable to repay the debt. Therefore, the bank charges a higher interest rate on credit card debt to compensate for the higher risk.
Additionally, credit card loans have higher administrative cost, which is passed on to the consumer as a higher interest rate.
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Enumerate four demerits of an open plan office
Answers
Explanation:
1. The benefits of easy collaboration are outweighed by the disadvantages of excess noise
2. Anything and everything can be a distraction
3. The lack of security can breed mistrust
4. Privacy is essential to job satisfaction, but impossible to come by
helpp please 10 points!
2. What are Internal and external factors.
Answers
I’ll pay somebody 50$ if somebody do this now.
Instructions: Watch this 40 minute video called “Small Business Revolution - Nyce and clean auto detailing” Season 5, Episode 1 then answer the following questions in the picture I’ll need this by 6:00 or 6:30 please help
Answers
Answer:
suck 2 be u
Explanation:
i aint doin it
)A stock is expected to pay a dividend of $1 per share in two months and in five months. The stock price is $50, and the risk-free rate of interest is 8% per annum with continuous compounding for all maturities. An investor has just taken a short position in a six-month forward contract on the stock. The forward contract is initiated today.
(1) the forward price of the forward contract is $_____ (保留四位小数)
(2) the initial value of the forward contract is $_____ (保留四位小数)
(3) Three months later, the forward price of the stock is 47.9699 for the same forward contract and the risk-free rate of interest is still 8% per annum. The value of the short position in the forward contract is $_____(保留四位小数)
Answers
2. The initial value of the forward contract is zero
3. In three months the value of the short position in the forward contract is $47.96
The nation of Singapore has no natural resources to speak of, must import its water, and is very small in land mass. However, it has a very high real per capita gross domestic product (GDP) and a literacy rate of over 95%. How can such a small country with no resources be so prosperous
Answers
Answer:
Singapore is rich in other resources, like human capital.
Explanation:
Since in the question it is mentioned that Singapore who has no natural resource but import its water and small portion of the land mass at the same time it has very high GDP and the literacy rate over and above 95%
So in this case, it is rich in the other resources example human capital as it is possible for a small country to make an optimum use of it also it has the nice geographical location.
Therefore the second option is correct