Darlene and Jacob Snell own 800 acres of farmland titled as "joint tenants with rights of survivorship, not as tenants in common". Currently the land is appraised at $5,000 per acre. In addition, Mr. Snell holds a $200,000 CD in his name only, and Mrs. Snell holds a $200,000 CD in her name only. Mr. and Mrs. Snell have no debts. Mrs. Snell's last will and testament provides that "all of my assets at my death shall be divided in three equal portions among my two children and my husband." Mrs. Snell dies unexpectedly, leaving her husband and two children as her sole heirs. Which of the following statements is true?

The U.S. Census Bureau collects data on the ages of married people. Suppose that eight married couples are randomly selected and have the ages given in the following table. Determine the 95% confidence interval for the true mean difference between the ages of married males and married females.

Let d=(age of husband)−(age of wife). Assume that the ages are normally distributed for the populations of both husbands and wives in the U.S.

Step 1 of 4:

Find the mean of the paired differences,  d‾. Round your answer to one decimal place.

Step 2 of 4:

Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

Step 3 of 4:

Find the standard deviation of the paired differences to be used in constructing the confidence interval. Round your answer to one decimal place.

Step 4 of 4:

Construct the 95% confidence interval. Round your answers to one decimal place.

1.Describe the paradox of the phrase "benevolent deception". Are doctors who allow their patients to be involved in potentially harmful clinical treatments in compliance with their Hippocratic Oath? What does the use of “a miserable specimen” by a physician reveal about his/her attitude toward a patient? (Be sure to include supportive examples from either The Immortal Life of Henrietta Lacks or the US Public Health Service Syphilis Study at Tuskegee.)

2. An older married couple without children was involved in a car accident that left the wife with brain damage and her husband in a vegetative state. The wife was willing to liquidate their assets in order to fund additional life support for her husband in the hope that he would regain consciousness at some point. However, doctors at the hospital were debating whether or not the wife had sufficient mental capacity to make an informed decision regarding her husband’s care. You are one of the doctors at that hospital who serve on the medical ethics team. Give your recommendation incorporating Dr. Hopkins’s lecture on the conflicts in the social psychology of paternalism and public health care.

Two years ago, you purchased 100 shares of General Mills Corporation. Your purchase price was $61 a share, plus a total commission of $38 to purchase the stock. During the last two years, you have received total dividends of $2.48 per share. Also, assume that at the end of two years, you sold your General Mills stock for $66 a share minus a total commission of $36 to sell the stock. Calculate the total return for your investment and the annualized holding period yield.

Consider these long-term investment data: • The price of a 10-year $100 par zero coupon inflation-indexed bond is $80.65. • A real-estate property is expected to yield 2% per quarter (nominal) with a SD of the (effective) quarterly rate of 10%. What is the probability of loss or shortfall after 10 years?

Lee Corporation, which has only one product, has provided the following data concerning its most recent month of operations.

The company produces the same number of units every month, although the sales in units vary from month to month. The companys variable costs per unit and total fixed costs have been constant from month to month. Assume direct labor is a variable cost.

Required:

1. what is thr unit product cost for the month under variable costing?

2. what is the unit product cost for the month under absorption costing?

3. calculate the difference in variable costing and absorption costing net operating incomes for the month.

1.

Andrew Clark's shoe company has the following information:

Selling price per pair of shoes: $100

Direct materials per pair of shoes: $30

Direct labor per pair of shoes: $20

Variable Selling expense per pair of shoes: $5

Variable overhead per pair of shoes: $10

Fixed overhead per month: $10,000

Fixed Selling expenses per month: $20,000 I

n January, 2,000 pairs of shoes were produced and 1,800 pairs of shoes were sold.

Using variable contribution margin costing, what is the contribution margin for January?

Group of answer choices

$81,000

$63,000

$70,000

$72,000

Using absorption costing, what is the gross margin for January?

Group of answer choices

$63,000

$62,010

$54,000

$36,000

2.

Brat Pack books has the following financial information for the month of October:

Direct labor per book: $3

Direct material per book: $2

Manufacturing overhead per book: $1

Variable selling expense per book: $0.50

Fixed Manufacturing overhead: $5,000

Fixed selling expenses: $2,000

If there were 4,000 books produced and sold in October, what is the variable cost per book using the contribution margin method?

Group of answer choices

$5.00

$7.25

$6.00

$6.50

If there were 4,000 books produced and sold in October, what is the cost of goods sold per book using the absorption costing method?

Group of answer choices

$6.25

$5.00

$6.50

$7.25

3.

Reynolds Corp has the following information:

Selling price: $15 per unit

Direct labor: $4 per unit

Direct materials: $2 per unit

Fixed Manufacturing Expense: $50,000

What is their breakeven point?

Group of answer choices

8,334 Units

3,334 Units

5,000 Units

5,556 Units