Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 6%. For example, if a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospital $106 to purchase these supplies.

For years, Worley believed that the 6% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits, Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown:

Worley gathered the data below for two of the many hospitals that it serves—University and Memorial (each hospital purchased medical supplies that had cost Worley $34,000 to buy from manufacturers):

Required:

1. Compute the total revenue that Worley would receive from University and Memorial.

2. Compute the activity rate for each activity cost pool.

3. Compute the total activity costs that would be assigned to University and Memorial.

4. Compute Worley’s customer margin for University and Memorial. (Hint: Do not overlook the $34,000 cost of goods sold that Worley incurred serving each hospital.)

The world today is changing and HR will have challenges relating to technology. Discuss your opinion on having all classes online and not face-to-face from a student standpoint. Should COVID-19 shutdown encourage mote eLearning and fully MBA online degrees? How would HR handle these issues with faculty and staff?

1.(B)Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 8%. For example, if a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospital $108 to purchase these supplies.

For years, Worley believed that the 8% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits, Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown:

Activity Cost Pool (Activity Measure)Total CostTotal ActivityCustomer deliveries (Number of deliveries)$567,0007,000deliveriesManual order processing (Number of manual orders) 312,0004,000ordersElectronic order processing (Number of electronic orders) 208,00013,000ordersLine item picking (Number of line items picked) 574,000410,000line itemsOther organization-sustaining costs (None) 690,000  Total selling and administrative expenses$2,351,000  

Worley gathered the data below for two of the many hospitals that it serves—University and Memorial (each hospital purchased medical supplies that had cost Worley $32,000 to buy from manufacturers):

Activity

Activity MeasureUniversityMemorialNumber of deliveries1228Number of manual orders043Number of electronic orders170Number of line items picked110250

Required:

1. Compute the total revenue that Worley would receive from University and Memorial.

2. Compute the activity rate for each activity cost pool.

3. Compute the total activity costs that would be assigned to University and Memorial.

4. Compute Worley's customer margin for University and Memorial. (Hint: Do not overlook the $32,000 cost of goods sold that Worley incurred serving each hospital.)

1)Which of the following items would be listed on the US current account?
a) A house in the United States sold to a Canadian citizen;
b) a pair of shoes made in Spain, but sold in the United States;
c) tuition payments made by foreign citizens attending a university in the United States
d) a car made in Michigan (United States), but sold in Canada;
e) the value of Canadian government debt owned by US banks

2)Go to the website of the IMF: www.imf.org . What are some of the projects the IMF is currently working on?

3)If we expect our currency to appreciate with respect to the currency of our northern neighbour and the interest rates are the same in both nations, in which nation does it make sense for us to invest? Show your work.

4)What does a nation give up by having a fixed exchange rate? What do they get?

1. A university planner is interested in determining the percentage of spring semester students who will attend summer school. She takes a pilot sample of 160 spring semester students discovering that 56 will return to summer school.
   
   1. Construct a 90% confidence interval estimate for the percentage of spring semester students who will return to summer school.
   2. Construct a 95% confidence interval estimate for the percentage of spring semester students who will return to summer school.

MBA - Managerial Economics

Explain the features of Perfect Competition with examples.

Thanks :)

In creating a buyer persona, can the representation of the "ideal customer" be a company? For example, if the business is a university and it wants to attract both students and multinational corps. How would the university go about creating a buyer persona for those multinational corporations?

Assessment and Diagnosis of a Celebrity or Historic Individual
This project provides another opportunity to apply the concepts of diagnosis and assessment. With this assignment, choose an individual who is either a well-known celebrity or historical figure. You will need to discuss the individual’s childhood and family circumstances. (Please Detailed on family and childhood)

Also please present the problem, etiology, diagnosis and treatment, and list the cite you got them from.

First paragraph is the individuals childhood and family circumstances. Second paragraph is the problem that is present. Than third is the etiology. In last but not least the fourth is the diagnosis and the treatment that the person went through or is going through.

The probability that a student graduating from West Texas A&M University has student loans to pay off after graduation is 0.60. If two students are randomly selected from this university, what is the probability (rounded to the nearest two decimal places) that neither of them has student loans to pay off after graduation?

The following table gives the frequency distribution of the number of telephones owned by a sample of 50 households selected from a city.

Number of Telephones Owned   Frequency (f)
0   3
1   20
2   14
3   3
4   10
The relative frequency of the first class, rounded to two decimal places, is:

The temperatures (in degrees Fahrenheit) observed during selected seven days of summer in Los Angeles are:

78 99 68 91 105 75 85

The standard deviation, rounded to two decimal places, of these temperatures is:

The ages of all high school teachers in New York state have a bell-shaped distribution with a mean of 39 years and a standard deviation of 7 years. According to the empirical rule, the percentage of teachers in this state who are 32 to 46 years old is approximately:

The waiting times (in minutes) for 11 customers at a supermarket are:

14 9 15 4 4 7 9 11 14 2 6

The percentile rank for the customer who waited 11 minutes is 64%. Give a brief interpretation of this percentile rank.