Refer to the accompanying data set and construct a 90​% confidence interval estimate of the mean pulse rate of adult​ females; then do the same for adult males. Compare the results.

Males Females

82       83

72       94

48       59

57       64

54       56

62       80

53       78

74       86

53       86

63       58

73       35

61       65

65       85

76       76

83       75

65       64

64       68

93       79

41       59

84       63

74       82

64       82

72       68

70       75

57       88

66       91

58       87

82       93

73       89

64       97

66       69

96       92

57       84

65       80

58       73

58       53

68       99

67       73

84       78

56       74

Refer to the accompanying data set and construct a 90​% confidence interval estimate of the mean pulse rate of adult​ females; then do the same for adult males. Compare the results.

When making inferences concerning the mean difference using two dependent samples, it is necessary to calculate the standard deviation of the sample differences.

Calculate the standard deviation of the sample differences using the following information.

Round to 2 decimal places.

College Placement Test Results

Edom Company, the lessor, enters into a lease with Davis Company to lease equipment to Davis beginning January 1, 2016. The lease terms, provisions, and related events are as follows:

Required:

Based on market research, a film production company in Ectenia obtains the following information about the demand and production costs of its new DVD:

Demand: P= 1,000- 10Q

Total Revenue: TR= 1,000Q- 10Q²

Marginal Revenue: MR= 1,000- 20Q

MC= 100 + 10Q

where Q indicates the number of copies sold and P is the price in Ectenian dollars.

Complete the following table by finding the price and quantity that maximize the company’s profit and the price and quantity that maximize social welfare.

The deadweight loss from the monopoly is $ ___??.

Suppose, in addition to the costs above, the director of the film has to be paid. The company is considering four options:

1: A flat fee of 2,000

2. 50 percent of the profits

3. 50 ectenian dollars per unit sold

4. 50 percent of the revenue

Complete the following table by finding the price and quantity that maximize the company’s profit under each of the following options.

Soda: P = 110 − Qd and P = 4+ 2Qs
where the unit for Q is measured in thousands of cans, and the unit for P (price per can)

Candy: P=210−4Qd and P=25+Qs
where the unit for Q is measured in thousands of packs, and the unit for P (price per pack)

Suppose you can choose only ONE of the two goods to apply an excise tax on the producer side of the particular market.

Option 1 Apply the excise tax of $15/can to Soda and Option 2 Apply the excise tax of $15/pack to Candy

When analyzing a taxation on each good for the appropriate option, you must know the equilibrium traded price and quantity after taxation, the price that producers receive at the new equilibrium, tax revenue, consumer’s tax incidence, producer’s tax incidence and deadweight loss for both options. (incidence refers to the share of the tax burden).

1. What is the equilibrium price and quantity in each market before any tax is introduced? What is the consumer and producer surplus in each case?
2. What would be the equilibrium price and quantity in each market once the tax is introduced?
3. What is the consumer surplus, producer surplus and deadweight loss in each case? Draw and show the same in separate graphs.
4. What is the tax incidence in each case, that is how much of the tax is passed on to the con- sumers and producers in each case?
5. What is the government revenue in each case?
6. Which optionshould the tax authority choose if they want to(a) maximize revenue,(b)min- imize the tax burden on consumers, (c) minimize the tax burden on producers, (d) minimize deadweight loss?

1/Prepare income statement

2/prepare statement of owner`s equity

3/Prepare balance sheet  

1. Entries and Schedules for Unfinished Jobs and Completed Jobs

   Hildreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations:

   1. Materials purchased on account, $2,730.
   2. Materials requisitioned and factory labor used:
      

      Job No.	Materials		Factory Labor
      101	$2,250		$3,100
      102	2,750		4,190
      103	1,820		2,050
      104	6,170		7,690
      105	3,920		5,860
      106	2,860		3,720
      For general factory use	770		4,590

   3. Factory overhead costs incurred on account, $4,300.
   4. Depreciation of machinery and equipment, $2,200.
   5. The factory overhead rate is $75 per machine hour. Machine hours used:
      

      Job No.	Machine Hours
      101		40
      102		19
      103		25
      104		65
      105		23
      106		27
      Total		199

   6. Jobs completed: 101, 102, 103, and 105.
   7. Jobs were shipped and customers were billed as follows: Job 101, $10,020; Job 102, $10,040; Job 105, $16,660.

   Required:

   1. Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank.

   Entries	Description	Debit	Credit
   a.
   b.
   c.
   d.
   e.
   f.
   g. Sale
   g. Cost

   2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month.

   Work in Process
   Bal.

   Finished Goods
   Bal.

   3. Prepare a schedule of unfinished jobs to support the balance in the work in process account.

   Hildreth Company Schedule of Unfinished Jobs
   Job	Direct Materials		Direct Labor		Factory Overhead		Total
   	$		$		$		$
   Balance of Work in Process, April 30							$

   4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account.

   Hildreth Company Schedule of Completed Jobs
   Job	Direct Materials		Direct Labor		Factory Overhead		Total
   	$		$		$		$

Company XYZ a baby ware makes company servers three regions near Iowa and maintains consignment inventory (owned by ZZY) at each location. Currently. ZZy uses refrigerated TL transportation to deliver separately to each customer. Each truck costs $700 plus $150 per stop. KAR Food is considering aggregating deliveries to Iowa on a single truck. A careful study of the sales regions revealed three large customers, three medium-sized customers, and ten small customers. Demand at the large customer is 60 tons a year, demand at the medium customer is 24 tons per year, and demand at the small customer is 8 tons per year. Product cost for ZZZY Company is $10,000 per ton, and it uses an annual holding cost of 25 percent. Truck capacity is 12 tons.

a. What is the annual transportation and holding cost if ZZY ships a full truckload to each customer when they are running out of stock?

b. What is the optimal delivery policy to each customer if ZZY Company ships separately to each of them? What is the annual transportation and holding cost?

c. What is the optimal delivery policy to each customer if ZZY Company aggregates shipments to each of the three customers on every truck that goes to Iowa? What is the annual transportation and holding cost?

d. Can you come up with a tailored policy that has lower costs than the policies in (b) or (c)? What are the costs and inventories for your suggested policy?