This is the only information provided
Columbia Coco Beans Inc. sells two types of coffee, Regular and Decaf. The monthly budget for Canadian coffee sales is based on a combination of last year's performance, a forecast of industry sales, and the company's expected share of the Canadian market. The following information is provided for October: Budgeted Actual Regular Decaf Regular Decaf Price per kilogram $50 $60 $52 $60 Variable cost per kilogram 24 26 24 28 Contribution margin $26 $34 $28 $32 Sales (in kg) 4,000 4,500 3,700 4,800 Budgeted fixed costs are $58,000. Actual fixed costs are $62,000. Required: 1) Calculate the static-budget, flexible-budget and sales-volume variances for the contribution margin, for the company for October.
________________________________________________________________________________________________________
Columbia Coco Beans Inc. sells two types of coffee, Regular and Decaf. The monthly budget for Canadian coffee sales is based on a combination of last year's performance, a forecast of industry sales, and the company's expected share of the Canadian market. The following information is provided for October:
Required:
1) Calculate the static-budget, flexible-budget and sales-volume variances for the contribution margin, for the company for October.
Budgeted fixed costs are $58,000. Actual fixed costs are $62,000.
| Budgeted | Budgeted | Actual | Actual | |||
| Regular | Decaf | Regular | Decaf | |||
| Price per kilogram | $ 50 | $ 60 | $ 52 | $ 60 | ||
| Variable cost per Kilogram | 24 | 26 | 24 | 26 | ||
| Contribution Margin | $ 26 | $ 34 | $ 28 | $ 32 | ||
| Sales (in kg) | 4,000 | 4,500 | 3,700 | 4,800 | ||
In: Accounting
***URGENT***PLEASE****
you are in the process of designing a new user interface(UI) for your website. Two of the major design concepts were used in the development. we are interested in determing whether or not there is a signifcant difference in the number of minutes that users spend on your website for the two different designs A random sample of 9 observations for each design is selected, and 9 test users are selected to test the designs. The following data show the results of the test(number represent minutes spent on the website).
user Design A Design B
1 34 33
2 32 32
3 32 32
4 28 31
5 31 34
6 31 33
7 28 29
8 26 24
9 29 33
A) In your department, there is an argument whether the data can be analyzed as two independent populations or as matched samples. Which one do you recommend? What would be the benefit in this case?
B) State the null and alternative hypotheses for the statistical test to determine if there is a difference in average minutes(mu) spent on the website.
C) An intern calculates the mean differences as -1.11 and the standard deviation of the difference as 2.0275875. You have n=9 observations. What is the value of your test statistic? Round to two decimals.
D)
In: Statistics and Probability
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{Exercise 16.33} The following exercises require the use of a computer and
software. Dataset:
Fire damage in the United States amounts to billions of dollars, much of it insured. The time taken to arrive at the fire is critical. This raises the question, Should insurance companies lower premiums if the home to be insured is close to a fire station? To help make a decision, a study was undertaken wherein a number of fires were investigated. The distance to the nearest fire station (in kilometers) and the percentage of fire damage were recorded. a) Test to determine whether there is evidence of a linear relationship between distance to the nearest fire station and percentage of damage. Select one of the following: 1) There is evidence of a linear relationship between distance and fire damage 2) There is not enough evidence of a linear relationship between distance and fire damageItem 1 b) Estimate the slope coefficient
with 95% confidence (to 3 decimals). c) Determine the coefficient of
determination (to 4 decimals). d) What does this statistic tell you about the
relationship? 1) There is a weak linear relationship between distance and fire damage 2) There is a moderately strong linear relationship between distance and fire damage 3) There is a very strong linear relationship between distance and fire damage 4) There is no linear relationship between distance and fire damage |
In: Statistics and Probability
| Click here to read the eBook: The Cost of Retained Earnings,
rs Problem Walk-Through COST OF COMMON EQUITY The future earnings, dividends, and common stock price of Callahan Technologies Inc. are expected to grow 4% per year. Callahan's common stock currently sells for $22.75 per share; its last dividend was $2.50; and it will pay a $2.60 dividend at the end of the current year.
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In: Finance
Create a case Study "Eliminating measles in southern Africa" with the infor below
Health Condition: Measles, one of the most contagious infections known to humans, ranks among the top four childhood killers worldwide. Despite the existence of a safe and effective vaccine, an estimated 30 to 40 million cases of the disease and some 454,000 deaths occurred in 2004. Just under half of these deaths were in sub-Saharan Africa, where measles kills more children than HIV/AIDS. In 1996, the seven countries of southern Africa reported a total of 60,000 measles cases and 166 measles deaths.
Intervention or Program: In 1996, seven southern African countries agreed on a plan to eliminate measles. The strategy consisted of:
routine immunization for babies at nine months;
a nationwide "catch-up" campaign to provide a second opportunity for immunization to all children aged 9 months to 14 years; and
follow-up campaigns in young children every three to four years.
In addition, the countries organized surveillance for cases of measles and improved laboratory facilities so that suspect cases could be confirmed.
Impact: Between 1996 and 2000, the number of measles cases across southern Africa fell from 60,000 to 117. The number of measles deaths fell from 166 to zero.
Cost and Cost-Effectiveness: The majority of the funding for the measles initiative came from national budgets. An estimate of the total cost of the program is $26.4 million, with the average cost per immunized child at $1.10. The cost of increasing routine coverage from 50 to 80 percent has been estimated at about $2.50 per year of healthy life gained, making measles immunization an extremely cost-effective intervention.
In: Nursing
Present values. Lofting Snodbury is considering investing in a new boring machine. It costs $380,000 and is expected to produce the following cash flows:
|
Year: |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
|
Cash flow ($000s) |
50 |
57 |
75 |
80 |
85 |
92 |
92 |
80 |
68 |
50 |
If the cost of capital is 12%, what is the machine’s NPV?
In: Finance
8. Create a truth table and determine the results for the following equation and values
Equation : bool b = ((a+4< 7) || ((b-a > 10) && !(c*a == 8)))
Values : a = 2; b = 8; c = 4
9. Write a program using Atom and submit via Blackboard.
a. Request an integer whole dollar amount from the console.
b. Using the least amount of bills ($50,$20,$10,$5,$1) necessary, calculate how many of each bill type you will need to get to that value.
Output Example 1 (input is bold and italicized)
Enter a whole dollar amount as n integer: 633
You will need:
12 $50 bill(s).
1 $20 bill(s).
1 $10 bill(s).
0 $5 bills(s).
3 $1 bill(s).
Output Example 2 (input is bold and italicized)
Enter a whole dollar amount as an integer: 364
You will need:
7 $50 bill(s).
0 $20 bill(s).
1 $1 bill(s).
0 $5 bills(s).
4 $1 bills(s).
In: Computer Science
"Correlation/Regrision QB"
A researcher wants to determine the relationship between
Father’s IQ (X) and Son’s IQ (Y). The researcher selects 16 fathers
and measures their IQ and one of each of their son’s IQ. The data
are presented below.
Father’s IQ: 144, 136, 132,
125, 119, 117, 115,
112, 108, 101,
98, 97, 91,
90, 88, 87
Son’s IQ: 134,
142, 122, 130, 115,
117, 110, 95,
112, 100, 83, 106,
87, 89, 89, 97
1) What is the value of the relationship between Father’s IQ and Son’s IQ (Round to three decimal places)?
4) What is the value of the observed test statistic (t) used to determine whether, in the population, this relationship is significantly different from zero (Round to three decimal places)?
5) Assuming that you want to maximize the power of the test and are interested in whether the relationship is positive or negative, what is the critical value used to compare the observed test statistic (t) in order to determine whether this relationship is significantly different from zero?
8)If appropriate, calculate the proportion of variation in Son's IQ that is accounted for by Father's IQ (Round to two decimal places). If it is not appropriate to calculate this, input 999.
In: Statistics and Probability
A survey of the mean number of cents off that coupons give was conducted by randomly surveying one coupon per page from the coupon sections of a recent San Jose Mercury News. The following data were collected: 20¢; 75¢; 50¢; 65¢; 30¢; 55¢; 40¢; 40¢; 30¢; 55¢; $1.50; 40¢; 65¢; 40¢. Assume the underlying distribution is approximately normal.
Construct a 95% confidence interval for the population mean worth of coupons. Use a critical value of 2.16 from the t distribution.
In: Math
Consider the following 6 months of returns for 2 stocks and a portfolio of those 2stocks:
Note: The portfolio is composed of 50% of Stock A and 50% of Stock B.
|
jan |
feb |
mar |
apr |
may |
jun |
|
|
stock a |
3% |
6% |
-5% |
4% |
-1% |
5% |
|
stock b |
0% |
-3% |
8% |
-1% |
4% |
-2% |
|
portfolio |
1.5% |
1.5% |
1.5% |
1.5% |
1.5% |
1.5% |
3. Is the portfolio more or less risky than the two stocks? Why?
In: Finance