Question 1 (24 Marks): Below are the processing costs of Duraseal Products observed over the last...

Question 1 : Below are the processing costs of Duraseal Products observed over the last 10 months: Use the high low method to determine the variable cost per unit and fixed cost per month. Express your results in the form of a linear equation y = a + bx. Month Units Produced Processing Cost 1 9,900 74,000 2 8,200 63,000 3 7,600 61,000 4 7,800 62,000 5 9,000 65,000 6 6,000 60,000 7 8,300 60,000 We assume the linear relation is Y=a + bX High-Low method Units Produced Processing Cost High point Low point Slope Round to two decimal places b Intercept: a Assume the units level in August is 9600. 9600 The process cost will be Y Round to two decimal places

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Below are the processing costs of Duraseal Products observed over the last 10 months: Use the...

Below are the processing costs of Duraseal Products observed over the last 10 months: Use the high low method to determine the variable cost per unit and fixed cost per month. Express your results in the form of a linear equation y = a + bx. Month Units Produced Processing Cost 1 9,900 78,000 2 9,200 66,000 3 7,600 61,000 4 8,800 64,000 5 9,000 65,000 6 5,950 59,000 7 9,300 68,000 We assume the linear relation is Y=a +...

Below are the processing costs of Darnell Products observed over the last 10 months: Month Units...

Below are the processing costs of Darnell Products observed over the last 10 months: Month Units Produced Processing Cost 1 7,500 $44,000 2 11,000 60,000 3 12,500 54,000 4 5,500 20,000 5 9,000 47,000 6 8,500 52,000 7 4,500 22,000 8 7,000 41,000 9 11,500 52,000 10 6,000 41,000 Use the high low method to determine the variable cost per unit and fixed cost per month. Express your results in the form of a linear equation y = a +...

QUESTION E The sales of a factory, manufacturing bicyles, over the last 24 months were as...

QUESTION E The sales of a factory, manufacturing bicyles, over the last 24 months were as follows: MONTH UNITS SOLD 1 1140 2 1180 3 1130 4 1180 5 1110 6 1200 7 1280 8 1340 9 1340 10 1240 11 1140 12 1230 13 1440 14 1530 15 1560 16 1350 17 1350 18 1420 19 1530 20 1530 21 1430 22 1430 23 1490 24 1570 It is obvious that the monthly sales are increasing, but it is...

Question 1: Descriptive Statistics: Each question is worth 2 marks: Total (10 marks) Data: 22 24...

Question 1: Descriptive Statistics: Each question is worth 2 marks: Total Data: 22 24 26 26 28 30 32 38 44 A. What is the mean? B. What is the median? C. What is the mode? D. What is the 25th and 75th percentile? E. What is the interquartile range?

Question 3.3 (Total: 45 marks; part 1: 24 marks; part 2: 15 marks; part 3:...

Question 3.3 (Total: 45 marks; part 1: 24 marks; part 2: 15 marks; part 3: 6 marks) Star Finder Inc. has provided the following information for the year ended December 31, 2021: Sales revenue $1,300,000 Loss on inventory due to decline in net realizable value $80,000 Unrealized gain on FV-OCI equity investments 42,000 Loss on disposal of equipment 35,000 Interest income 7,000 Depreciation expense related to buildings omitted by mistake in 2020 55,000 Cost of goods sold 780,000 Retained...

Question 3.3 (Total: 45 marks; part 1: 24 marks; part 2: 15 marks; part 3: 6...

Question 3.3 (Total: 45 marks; part 1: 24 marks; part 2: 15 marks; part 3: 6 marks) Star Finder Inc. has provided the following information for the year ended December 31, 2021: Sales revenue $1,300,000 Loss on inventory due to decline in net realizable value $80,000 Unrealized gain on FV-OCI equity investments 42,000 Loss on disposal of equipment 35,000 Interest income 7,000 Depreciation expense related to buildings omitted by mistake in 2020 55,000 Cost of goods sold 780,000 Retained earnings...

The following table shows the actual demand observed over the last 11 years

The following table shows the actual demand observed over the last 11 years Year1234567891011Demand7951013713149118This exercise contains only parts b, c, and d.b) Using the 3-year moving average, provide the forecast from periods 4 through 12 (round your responses to one decimal place). Year456789101112Forecastc) Using the 3-year weighted moving average with weights 0.20. 0.35. and 0.45. using 0.45 for the most recent period provide the forecast from periods 4 through 12.Year456789101112Forecastd) Mean absolute deviation for the forecast developed using the 3-year moving average...

Discuss the increase in income inequality observed in the U.S. over the last 40 years from...

Discuss the increase in income inequality observed in the U.S. over the last 40 years from the perspective of the Heckscher-Ohlin Model. Analyze the potential causes of this increase and provide graphical illustrations if applicable.

Question 1 [25 Marks] Read the news extract below and answer Question 1 (a) and (b):...

Question 1 [25 Marks] Read the news extract below and answer Question 1 (a) and (b): The South African government has approved sectorial minimum wages with effect from January 2019. a. Suppose the minimum wage is above the equilibrium wage in the market for unskilled labour. Using relevant diagrams and hypothetical numbers of the unskilled labour market, show the potential impact of the minimum wage on the labour market in South Africa. b. If the demand for unskilled labour were...

Question 1 (40 marks) The inventory at April 1, 2020, and the costs charged to Work...

Question 1 The inventory at April 1, 2020, and the costs charged to Work in Process--Department B during April for Worldwide Company are as follows: 1,200 units, 40% completed $ 47,800 From Department A, 26,000 units 845,000 Direct labor 312,000 Factory overhead 176,770 During April, all direct materials are transferred from Department A. In Department B, the units in process at April 1 were completed, and of the 26,000 units entering the department, all were completed except 1,000 units which were...

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