In: Economics
In detail explain the response of the cardiovascular system to exercise. (expecting an advance level answer)
thanks in advance.
In: Anatomy and Physiology
Summarize the equipment needed, and explain in detail the procedure for setting up a home network, and connecting to the internet.
In: Computer Science
Graph and explain in detail the short-run and long-run equilibria under a monopolistic competition situation.
In: Economics
There are various reasons why training is needed. Identify some causes, and pick one to explain in detail.
In: Operations Management
Explain in detail 5 benefits of technology audit checklists and 5 limitations of the technology audit checklist
In: Operations Management
You have recently been hired as an accountant for the largest residential construction company in the state. Your primary responsibility is to track costs for each home being constructed. Tracking the costs for direct material and direct labor is relatively straightforward. Each home under construction has a job cost sheet. Materials requisitioned for each home site are carefully tracked and the construction workers are very careful about assigning their time to the homes they work on.
Accounting for manufacturing overhead costs, on the other hand, presents quite a problem. In the past, overhead has been allocated on the basis of direct labor hours. As a result, since larger houses require more workers, those houses have been allocated a larger share of the overhead.
Your company was recently selected by the state to build a number of low-income housing complexes. The state has agreed to an arrangement whereby they will pay your costs plus a 10 percent profit. Construction of these low-income housing units will be relatively simple and will not require a great deal of materials or labor, compared to the average house the company builds.
At a meeting following the granting by the state of the construction contract, the production foreman proposes the following idea: “Since the state has agreed to pay our costs plus 10 percent, the higher the costs on the project, the more money we make. What we need to do is to funnel as much of our costs as possible to this low-income housing project. Now I don’t want anyone to think I am proposing something unethical. I am not saying that we should charge the state for fictitious costs. What I am saying is that we should allocate as much overhead as possible to the low-income project. Therefore, I propose that we allocate overhead on a per-house basis with each house, regardless of size, being allocated the same amount of overhead.”
You have analyzed the activities that drive overhead costs and have found that bigger houses, in addition to requiring more direct materials and direct labor, require more inspections, more supervisions, etc. You can see that most in attendance at the meeting are being persuaded by the production foreman’s idea. You slowly raise your hand. It takes about ten seconds before al the voices go quiet. You look around the table and see ten of your colleagues staring at you. You open your mouth and…
Questions
1. What would you do in this situation? Is the overhead allocation method being proposed by the production foreman illegal? Is it unethical? Is it good strategy?
2. Suppose you argue that overhead should continue to be allocated on the basis of direct labor hours. After hearing your points, the group votes to go with the production foreman and allocate the overhead on a per-house basis. What would you do next?
3. Now, go back to your responses above and think carefully about what might be wrong with your logic or your approach. What are the potential risks or problems in your answers?
In: Accounting
In: Economics
) The National Institute of Health (NIH) is conducting clinical trials of two antiviral drugs used to treat patients with acute respiratory distress syndrome (ARDS). Each subject in a group of 400 volunteer patients diagnosed with severe ARDS was randomly assigned to a treatment plan which consisted of either Drug A, Drug B, or a placebo. A breakdown of the number of subjects who recovered (vs did not recover) for each of the three treatment plans is shown in the two-way table below. Treatment Plan Drug A Drug B Placebo Recovered 58 82 51 Did not recover 75 52 82
a) Manually compute the expected counts for the top row of cells (Recovered) in the table. Show your work.
b) Manually compute the contribution of the upper left cell (Recovered / Drug A) to the chisquared statistic. Show your work. (continued)
c) At a 5% significance level, is there a statistically significant relationship between the treatment plan applied and patient outcome? Show the expected counts and explain why it is appropriate to analyze the data with a chi-square test. Include the test statistic value and p-value in your answer and state your conclusion in the context of the study’s objective. (Note: Manually enter your data into StatKey OR upload the data file from ARDS Clinical Trial Dataset B, which can be found on Blackboard under today’s date.)
d) Assume there is significant evidence of a relationship. Show the individual cell contributions to the chi-squared statistic and use them to explain what the data tells us about the nature of the relationship between the treatment plan used and patient outcome.
In: Statistics and Probability
Explain the functionalist, conflict, and symbolic interactionist perspectives about the family institution. What are some of the similarities? Which perspective do you identify with and why? Does this perspective best explain the family institution overall? Explain your answer.
In: Psychology