Homework Answers
a) central angle for crude oil =(75.2/150.1)*360 =180.360
b)central angle for refining=(15.2/150.1)*360 =36.456
c)central angle for D & M=(21.2/150.1)*360 =50.846
d)central angle for tax=(38.5/150.1)*360 =92.338
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Gasoline prices one point, the average price of a gation of solinin Country Awas $1.501 of...
The Georgia Corporation has a central copying facility. The copying facility has only two users, the...
The Georgia Corporation has a central copying facility. The copying facility has only two users, the Marketing Department and the Operations Department. The following data apply to the coming budget year: Budgeted costs of operating the copying facility for 300,000 to 500,000 copies: Fixed costs per year $69,000 Variable costs 3 cents (0.03) per copy Budgeted long-run usage in copies per year: Marketing Department 100,000 copies Operations Department 360,000 copies Budgeted amounts are used to calculate...
Show brief calculation for #13 Page S of 8 At one point the average price of...
Show brief calculation for #13
Page S of 8 At one point the average price of regular unleaded gasoline was $3.51 per gallon. Assume that the standard deviation price per gallon is $0.07 per galon and use Chebyshev's inequality to answer the following a) What percentage of gasoline stations had prices within 4 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are...
AAA Corp. currently has one product, high-priced lawn mowers. AAA Corp. has decided to sell a...
AAA Corp. currently has one product, high-priced lawn mowers. AAA Corp. has decided to sell a new line of medium-priced lawn mowers. The building and machinery for producing this new line is estimated to cost $11,000,000 and it will be depreciated down to zero over 20 years using straight-line depreciation. Also, an investment today on working capital in the amount of $4,000,000 is needed. The working capital will be recovered at the end of the project. Sales for the new...
Different hotels in a certain area are randomly selected, and their ratings and prices were obtained...
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Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses and distribution centers. One...
Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses and distribution centers. One product, called a Liftmaster, is assembled from four components: a frame, a motor, two supports, and a metal strap. Frandec's production schedule calls for 6000 Liftmasters to be made next month. Frandec purchases the motors from an outside supplier, but the frames, supports, and straps may be either manufactured by the company or purchased from an outside supplier. Manufacturing and purchase costs per unit...
please help me answer part B by 10pm tonight. please make sure the answer is correct...
please help me answer part B by 10pm tonight. please make sure
the answer is correct and answer all parts to b. thank you!!
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All one problem just broken up into multiple pictures because theres four parts. THANK YOU! High...
All
one problem just broken up into multiple pictures because theres
four parts. THANK YOU!
High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in which departmental predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Molding Department is based on machine hours, and the rate in the Painting Department is based on direct labor- hours. At the beginning...
A dairy company gets milk from two dairies and then blends the milk to get the desired l costs S0.80 per gallon. Al most $144 is available for purchasing milk. Dairy I can supply at most 50 80 ga...
A dairy company gets milk from two dairies and then blends the milk to get the desired l costs S0.80 per gallon. Al most $144 is available for purchasing milk. Dairy I can supply at most 50 80 gallons averaging 29% butterfat Answer parts a-d of butterfat Milk from dairy 1 costs $2.40 per gallon, and milk rod with All supporting written work showing how you derived your final answers for this portion of the problem should be shown on...
A computer chip manufacturer spent $2,500,000 to develop a special-purpose molding machine. The machine has been used for one year and is expected to be obsolete after an additional 3 years. The comp...
A computer chip manufacturer spent $2,500,000 to develop a special-purpose molding machine. The machine has been used for one year and is expected to be obsolete after an additional 3 years. The company uses straight-line (SLN) depreciation for this machine At the beginning of the second year, a machine salesperson offers a new, vastly more efficient machine. This machine will cost $2,000,000, reduce annual cash manufacturing costs from $1,800,000 to $1,000,000, and have zero disposal value at the end of...
Gauging the Favorableness of Variances When variances occur, they are described as being either favorable or...
Gauging the Favorableness of Variances
When variances occur, they are described as being either
favorable or unfavorable. When actual activity consumes more time
or money than initially planned, an unfavorable variance exists.
However, when actual activity consumes less time or money than
initially planned, a favorable variance exists. Note that the terms
favorable and unfavorable are used, rather than saying that a
variance is good or bad, because until the cause of a variance is
discovered, it is not clear...
Show brief calculation for #13
Page S of 8 At one point the average price of regular unleaded gasoline was $3.51 per gallon. Assume that the standard deviation price per gallon is $0.07 per galon and use Chebyshev's inequality to answer the following a) What percentage of gasoline stations had prices within 4 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are...
AAA Corp. currently has one product, high-priced lawn mowers. AAA Corp. has decided to sell a new line of medium-priced lawn mowers. The building and machinery for producing this new line is estimated to cost $11,000,000 and it will be depreciated down to zero over 20 years using straight-line depreciation. Also, an investment today on working capital in the amount of $4,000,000 is needed. The working capital will be recovered at the end of the project. Sales for the new...
Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the regression equation has a slope of 140 and y-intercept of -391. Complete parts (a) and (b) below. a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice. O A y= X OB x OC....
Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses and distribution centers. One product, called a Liftmaster, is assembled from four components: a frame, a motor, two supports, and a metal strap. Frandec's production schedule calls for 6000 Liftmasters to be made next month. Frandec purchases the motors from an outside supplier, but the frames, supports, and straps may be either manufactured by the company or purchased from an outside supplier. Manufacturing and purchase costs per unit...
please help me answer part B by 10pm tonight. please make sure
the answer is correct and answer all parts to b. thank you!!
Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $343,000 a year in fixed expenses. Assume that it sells 4 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut. DOUGHNUT TYPE SALES PRICE VARIABLE COST...
All
one problem just broken up into multiple pictures because theres
four parts. THANK YOU!
High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in which departmental predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Molding Department is based on machine hours, and the rate in the Painting Department is based on direct labor- hours. At the beginning...
A dairy company gets milk from two dairies and then blends the milk to get the desired l costs S0.80 per gallon. Al most $144 is available for purchasing milk. Dairy I can supply at most 50 80 gallons averaging 29% butterfat Answer parts a-d of butterfat Milk from dairy 1 costs $2.40 per gallon, and milk rod with All supporting written work showing how you derived your final answers for this portion of the problem should be shown on...
A computer chip manufacturer spent $2,500,000 to develop a special-purpose molding machine. The machine has been used for one year and is expected to be obsolete after an additional 3 years. The company uses straight-line (SLN) depreciation for this machine At the beginning of the second year, a machine salesperson offers a new, vastly more efficient machine. This machine will cost $2,000,000, reduce annual cash manufacturing costs from $1,800,000 to $1,000,000, and have zero disposal value at the end of...
Gauging the Favorableness of Variances
When variances occur, they are described as being either
favorable or unfavorable. When actual activity consumes more time
or money than initially planned, an unfavorable variance exists.
However, when actual activity consumes less time or money than
initially planned, a favorable variance exists. Note that the terms
favorable and unfavorable are used, rather than saying that a
variance is good or bad, because until the cause of a variance is
discovered, it is not clear...
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