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To study how social media may influence the products consumers​ buy, researchers collected the opening weekend box office revenue​ (in millions of​ dollars) for 23

recent movies and the social media message rate​ (average number of messages referring to the movie per​ hour). The data are available below. Conduct a complete simple linear regression analysis of the relationship between revenue​ (y) and message rate​ (x).

Q1: Determine the estimate of the standard deviation. s=?????

Q2: What is the test statistic for the​ hypotheses? t=??????

EZ-Tax is a tax accounting practice with partners and staff members. Each billable hour of partner time has a $600 budgeted price and $310 budgeted variable cost. Each billable hour of staff time has a budgeted price of $130 and a budgeted variable cost of $80. For the most recent year, the partnership budget called for 8,400 billable partner-hours and 35,650 staff-hours. Actual results were as follows.

Required:

a. Compute the sales price variance.

b. Compute the total sales activity variance.

c. Compute the total sales mix variance.

d. Compute the total sales quantity variance.

(For all requirements, do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Enter your answers rounded to the nearest whole dollar)

1. Net Present Value and Internal Rate of Return. Below are the projected revenues and expenses for a new clinical nurse specialist program being established by your healthcare organization. The nurses would provide education while patients are in the hospital and home visits are on a fee-for-service basis after patients have been discharged

Should the hospital undertake the program if its required rate of return is 12%?

Note: it must be assumed that the revenues and costs in this problem represent cash flows. Present value analysis is based on cash, not revenue or expenses. Provide a response to support the findings in the table listed below. Your response should be at least a half page long in addition to the table. Please include citations.

(Complete cycle—Permanent Fund)

Dr. Theodore Dough made a $500,000 gift to the Village of Radnor. Dr. Dough stipulated that the corpus of the gift (together with all investment gains and losses) was to remain intact in perpetuity and that all earnings on the investments (after paying expenses for administering the gift) were to be used solely for the purchase of books by the Teddy Library Special Revenue Fund. Record the following transactions in the Dough Permanent Fund, and prepare the required fund financial statements for the year ended December 31, 2019.

1. Dough donated $500,000 to the Village of Radnor.

2. The entire gift was immediately invested in various securities.

3. The investments earned $30,000 in dividends and interest during the year.

4. The Permanent Fund paid the village $2,000 for administrative expenses.

5. In accordance with the terms of the gift, $25,000 was sent to the Teddy Library Special Revenue Fund.

6. At year-end, the investments held by the Permanent Fund had a fair market value of $508,000.

A professional football team is preparing its budget for the next year. One component of the budget is the revenue that they can expect from ticket sales. The home venue, Dylan Stadium, has five different seating zones with different prices. Key information is given below. The demands are all assumed to be normally distributed. Seating Zone Seats Available Ticket Price Mean Demand Standard Deviation

seat zones - Seat availability - Ticket Price - Mean demand - standard deviation.

First Level Sideline 15,000 $100.00 14,500 750

Second Level 5,000 $90.00 4,750    500

First Level End Zone 10,000 $80.00 9,000 1,250

Third Level Sideline 21,000 $70.00 17,000 2,500

Third Level End Zone 14,000 $60.00 8,000 3,000

Determine the distribution of total revenue under these assumptions using an Excel data table with 50 simulated trials. Summarize your results with a histogram.

During September, ComeHome Corporation budgeted for 24,000 customers, but actually served 28,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

• Revenue: $51.50q
• Wages: $14.00q
• Supplies: $8.20q
• Insurance: $7,300 per month
• Rent: $3,950 per month
• Miscellaneous expense: $3,000 month + $4.40q

1. Prepare the company's planning budget for September (use Thursday’s lecture slides and exhibit 9-2 of your text as a guide).
2. Prepare the company's flexible budget for September (use Thursday’s lecture slides and exhibit 9-5 of your text as a guide).
3. Calculate the company’s activity variances for each line item for September (use Thursday’s lecture slides and exhibit 9-6 of your text as a guide). You must also indicate whether each specific activity variance is favorable (‘F’) or unfavorable (‘U’).

BE2-lO An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances are normal.

WALTER COMPANY

Trial Balance

December 31, 2012

P2-2A Desiree Clark is a licensed CPA. During the month 01 operations of her business, the following events and transactions occurred.

May 1       Clark invested $20,000 cash in her bLLsiness

                Hired a secretary-receptionist at a salary Of $2,000 per month.

               Purchased $2,500 Of supplies on account from Read Supply Company.

              Paid        rent Of $900 cash lor the month.

Completed H Lax assignment and billed client $3,200 for services provided.