1. WeBWork 5-2: Problem 12Previous Problem Problem List Next Problem(1 point) The effectiveness of a new bug repellent is tested on 13 subjects for a 10 hour period. Based on the numberand location of the bug bites, the average percentage of exposed skin protected from bites was calculated as 94% witha standard deviation of 11%. Assume that the population is normally distributed and consider the new repellent effectiveif it provides a percent protection of more than 90%. Using a = 0.01, conduct an hypothesis test with null hypothesisu<0.9 and alternative hypothesis u > 0.9 to determine whether the mean protection of the new bug repellent isgreater than 90% by computing the following.a) The number of degrees of freedom is: dfb) The critical value is: t,c) The test statistic is: tustd) The final conclusion is:O A. we reject the null hypothesis that j =0.9. Our results indicate that the new bug repellent is effective.CO B. we fail to reject the null hypothesis that a = 0.9. Our results do not provide enough evidence that the new bugrepellent is effective. WeBWork 5-2: Problem 13Previous Problem Problem ListNext Problem(1 point) Test the claim that for the population of statistics final exams, the mean score is u = 79 using the alternativehypothesis that u # 79. Sample statistics include n = 28, z = 81, and s = 12. Use a significance level ofa = 0.05 and assume a normally distributed population.a) The test statistic is:b) The positive critical value is:c) The conclusion is:O A. there is sufficient evidence to reject the claim that the mean score is equal to 79.B. there is not sufficient evidence to reject the claim that the mean score is equal to 79.

A Null Hypothesis refers to a concept that evaluates that there is no difference between a certain…

Answered: oblem List Next Problem s of a new bug…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter14: Quality And Environmental Cost Management

Section: Chapter Questions

Problem 24E

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Comprehensive Problem 5Part C: Note: This section is a continuation from Parts A and B of the comprehensive problem. Be sure you have completed Parts A and B before attempting Part C. You may have to refer back to data presented in Parts A and B as well as use answers from those parts when completing this section. Genuine Spice Inc. began operations on January 1 of the current year. The company produces 8-ounce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in 12-bottle cases for $100 per case. There is a selling commission of $20 per case. The January direct materials, direct labor, and factory overhead costs are as follows: DIRECT MATERIALS Cost Behavior Units per Case Cost per Unit Direct Materials Cost per Case Cream base Variable 100 ozs. $0.02 $2.00 Natural oils Variable 30 ozs. 0.30 9.00 Bottle (8-oz.) Variable 12 bottles 0.50 6.00 $17.00 DIRECT LABOR Department Cost Behavior Time per Case…
Comprehensive Problem 5 Part B: Note: This section is a continuation from Part A of the comprehensive problem. Be sure you have completed Part A before attempting Part B. You may have to refer back to data presented in Part A and use answers from Part A when completing this section. Genuine Spice Inc. began operations on January 1 of the current year. The company produces eight- ounce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in 12-bottle cases for $100 per case. There is a selling commission of $20 per case. The January direct materials, direct labor, and factory overhead costs are as follows: DIRECT MATERIALS Cost Behavior Units per Case Cost per Unit Direct Materials Cost per Case Cream base Variable 100 ozs. $0.02 $2.00 Natural oils Variable 30 ozs. 0.30 9.00 Bottle (8-oz.) Variable 12 bottles 0.50 6.00 $17.00 DIRECT LABOR Department Cost Behavior Time per Case Labor Rate per Hour Direct…
Extended Problem (2-36) Denison Specialty Hospital–Part I Denison Specialty Hospital is planning its master budget for the coming year. The budget will include operating, capital, cash, and flexible budgets. The hospital is noted for its three fine programs: oncology (cancer), cardiac (heart), and rhinoplasty (nose jobs). Section A The managers at Denison have been busy working. They have reviewed past records and considered changes in competition, the general economy, and overall medical trends. Using past charges and anticipated rates of medical inflation, they have also made a first attempt at setting their prices. Based on a thorough review and discussion of these data, they have projected that next year they will have 240 patients. They expect 120 oncology patients, 80 cardiac patients, and 40 rhinoplasty patients. The charge, or list price, for oncology patients will average $50,000. Cardiac patients will be charged an average of $40,000, and rhinoplasty patients, $25,000.…
Search the Internet for an ERP failure that happened within the last five years. Summarize what went wrong. Does the case you identified include any of the sources of common failures listed at the beginning of the chapter? Did you find something that was not on the list? Unless your instructor tells you otherwise, limit your response to one page, double spaced, using a 12-point font.
true or false Having 10,000 exposure units as compared to 1,000,000 exposure units will enable the future loss experience can be predicted more accurately. Risk-taking individuals tend to perceive higher risk inherent in a given activity relative to risk-averse individuals Risk-taking individuals prefer high return and they are willing to assume much higher level of risk. The 20% ruling of UUM allowing students to be absent from class, requiring only 80% class attendance for students to be eligible to sit for final exam is an example of legal hazard.
Problem 4. (10%) Aubuchon Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for March was based on 3,300 meals, but the diner actually served 3,000 meals. The diner's director has provided the following cost data to use in the budget: groceries, $3.90 per meal and fundraising expenses, $1,900 per month.Required:Prepare a report showing the activity variances for each of the expenses and for total expenses for March. Label each variance as favorable (F) or unfavorable (U).
TASK SEVEN ABC, health care. Crosstown Health Center runs two programs: drug addict rehabilitation and after care (counseling and support of patients after release from a mental hospital). The center’s budget for 2017 follows. Professional salaries: 4 physicians * $150,000 $600,000 12 psychologists * $75,000 900,000 16 nurses * $30,000 480,000 $1,980,000 Medical supplies 242,000 Rent and clinic maintenance 138,600 Administrative costs to manage patient charts, food, laundry 484,000 Laboratory services…
A manufacturer of thermostats uses a kanban system tocontrol the fl ow of materials. Th e packaging center processes 10thermostats an hour and receives completed thermostats every 30minutes. Containers hold 5 thermostats each.(a) How many kanbans are needed for the packaging center?(b) If management decides to keep two thermostats as safetystock, how many kanbans will be needed?
(10) The production department is proposing the purchase of an automatic insertion machine. It has identified three machines and has asked the accountant to analyze them to determine the best average rate of return. Which machine has the best average rate of return? Machine A Machine B Machine C Estimated average annual income $43,540 $72,900 $72,600 Average investment 311,000 243,000 484,000
So, if Question 7 Question 8 Question 9 Question content area top Part 1 (Related to Checkpoint 13.3) (Scenario analysis) Family Security is considering introducing tiny GPS trackers that can be inserted in the sole of a child's shoe, which would then allow for the tracking of that child if he or she was ever lost or abducted. The estimates, that might be off by 10 percent (either above or below), associated with this new product are shown here: LOADING... . Since this is a new product line, you are not confident in your estimates and would like to know how well you will fare if your estimates on the items listed above are 10 percent higher or 10 percent lower than expected. Assume that this new product line will require an initial outlay of $1.00 million, with no working capital investment, and will last for 10 years, being depreciated down to zero using straight-line depreciation. In addition, the firm's required rate of return or cost of capital is…
I need questions 6 and 7 answered Silven Industries, which manufactures and sells summer lotions and insect repellents, has decided to diversify in order to stabilize sales throughout the year. A natural area for the company to consider is the production of winter lotions and creams to prevent dry and chapped skin. After considerable research, Silven developed a new lip balm called Chap-Off that is sold to wholesalers in boxes of 24 tubes for $13 per box. Because of excess capacity, no additional fixed manufacturing overhead costs will be incurred to produce Chap-Off. However, a $87,500 charge for fixed manufacturing overhead will be absorbed by the product under the company’s absorption costing system. Using estimated sales and production of 125,000 boxes of Chap-Off, the Accounting Department developed the following manufacturing cost per box: Direct material $ 5.60 Direct labor 4.00 Manufacturing overhead 2.40 Total cost $ 12.00 The costs above include the lip balm and…
May I ask for a solution and explanation to the problem for a better understanding. Thank you! 18. What is the average collection period for Bittergourd? a. 20.70 days b. 21.50 days c. 22.60 days d. 23.80 days

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oblem List Next Problem s of a new bug repellent is tested on 13 subjec tes, the average percentage of exposed skin p %. Assume that the population is normally dis otection of more than 90%, Using a = 0.01, c