Questions
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 62 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,950
Classroom supplies $ 270
Utilities $ 1,240 $ 55
Campus rent $ 4,600
Insurance $ 2,400
Administrative expenses $ 3,700 $ 41 $ 4

For example, administrative expenses should be $3,700 per month plus $41 per course plus $4 per student. The company’s sales should average $850 per student.

The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 54 students. The actual operating results for September appear below:

Actual
Revenue $ 49,800
Instructor wages $ 11,080
Classroom supplies $ 16,590
Utilities $ 1,870
Campus rent $ 4,600
Insurance $ 2,540
Administrative expenses $ 3,538

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 60 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,920
Classroom supplies $ 300
Utilities $ 1,220 $ 90
Campus rent $ 5,000
Insurance $ 2,200
Administrative expenses $ 3,800 $ 42 $ 5

For example, administrative expenses should be $3,800 per month plus $42 per course plus $5 per student. The company’s sales should average $880 per student.

The company planned to run four courses with a total of 60 students; however, it actually ran four courses with a total of only 56 students. The actual operating results for September appear below:

Actual
Revenue $ 49,900
Instructor wages $ 10,960
Classroom supplies $ 17,850
Utilities $ 1,990
Campus rent $ 5,000
Insurance $ 2,340
Administrative expenses $ 3,694

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,960
Classroom supplies $ 300
Utilities $ 1,240 $ 65
Campus rent $ 5,100
Insurance $ 2,100
Administrative expenses $ 3,900 $ 41 $ 5

For example, administrative expenses should be $3,900 per month plus $41 per course plus $5 per student. The company’s sales should average $900 per student.

The company planned to run four courses with a total of 64 students; however, it actually ran four courses with a total of only 60 students. The actual operating results for September appear below:

Actual
Revenue $ 54,700
Instructor wages $ 11,120
Classroom supplies $ 19,050
Utilities $ 1,910
Campus rent $ 5,100
Insurance $ 2,240
Administrative expenses $ 3,810

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

For the following, Use the five-step approach to hypothesis testing found on page 8-16. It states....

For the following, Use the five-step approach to hypothesis testing found on page 8-16. It states. You can use excel to compute the data or you can do it by hand. The youtube videos provided in the links will walk you through the steps to complete the following problems.

  1. State the hypothesis and identify the claim.

H0:

H1:

  1. Use a Pearson Correlation
  2. Compute the test Value It will be a correlation
  3. Make a decision to reject or fail to reject the null hypothesis.
  4. Summarize the results

Problem #3 You are a researcher who wants to know if there is a relationship between variable Y and variable X. You hypothesize that there will be a strong positive relationship between variable Y GPA and Variable X hours of sleep. After one semester, you select five students at random out of 200 students who have taken a survey and found that they do not get more than 5 hours of sleep per night. You select five more students at random from the same survey that indicates students getting at least seven hours of sleep per night. You want to see if there is a relationship between GPA and hours of sleep. Using a Pearson Product Correlation Coefficient statistic, determine the strength and direction of the relationship and determine if you can reject or fail to reject the HO:

Variable Y        Variable X    

2.5                      5               

3.4                      8                

2.0                      4               

2.3                     4.5              

1.6                     3     

3.2                     6

2.8                     7

3.5                     7.5

4.0                     6.5

3.8                     7

solve it with exact data given not an example or other illustration.

In: Math

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 63 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,950
Classroom supplies $ 300
Utilities $ 1,210 $ 80
Campus rent $ 5,100
Insurance $ 2,200
Administrative expenses $ 3,800 $ 45 $ 5

For example, administrative expenses should be $3,800 per month plus $45 per course plus $5 per student. The company’s sales should average $890 per student.

The company planned to run four courses with a total of 63 students; however, it actually ran four courses with a total of only 53 students. The actual operating results for September appear below:

Actual
Revenue $ 53,170
Instructor wages $ 11,080
Classroom supplies $ 18,750
Utilities $ 1,940
Campus rent $ 5,100
Insurance $ 2,340
Administrative expenses $ 3,721

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,910
Classroom supplies $ 310
Utilities $ 1,220 $ 85
Campus rent $ 4,800
Insurance $ 2,300
Administrative expenses $ 3,800 $ 41 $ 5

For example, administrative expenses should be $3,800 per month plus $41 per course plus $5 per student. The company’s sales should average $880 per student.

The company planned to run four courses with a total of 64 students; however, it actually ran four courses with a total of only 58 students. The actual operating results for September appear below:

Actual
Revenue $ 53,420
Instructor wages $ 10,920
Classroom supplies $ 19,690
Utilities $ 1,970
Campus rent $ 4,800
Insurance $ 2,440
Administrative expenses $ 3,710

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

Data Mining Life of academic staff can be very challenging and demanding. Even though it seems...

Data Mining

Life of academic staff can be very challenging and demanding. Even though it seems like a smooth sailing ship, many aspects might challenge an individual employed in such sector.
One of the biggest challenges to overcome is to ensure to keep a keen watch on all students enrolled in a specific course. The obstacle levels up when the student number is higher in the class, let's say more than fifty. Then one could imagine how difficult it might be if the class number is beyond a hundred or two hundred, for instance.
Dr. Prat is an academic staff at Fiji National University. He teaches a generic course where all students from different programmes are compelled to enrol in it. This would mean that the class number is usually very high and keeping a good watch on all students is merely impossible.
Dr. Prat is looking for avenues to make this possible. Being a colleague, Dr. Prat thought to seek assistance from the Department of Computer Science and Information Systems. Dr. Prat was given an assurance that the Department of Computer Science and Information Systems can use data mining tactics to resolve his hurdle.
Dr. Prat provided with two years of student coursework marks.
Your lecturer is seeking your help to find knowledge from the provided dataset. You are to use the results for 2017 an 2018 to pre-determine the AT-RISK future students.

Please include:
Introduction
Problem Domain
Aim/Objective
Data Source

please in reference to the above questions and statements, provide details, you can also generalize it but in context to the question

In: Computer Science

John has lot of issues, both mental and physical. He has a contagious disease that increases...

John has lot of issues, both mental and physical. He has a contagious disease that
increases in the probability that those in the same room with him will get diarrhea. Luckily the only people he comes in contact with are his 4747 students. In addition, his mental conditioncauses him to be a jerk.

The good news is there are pills he can take for both conditions and the more he takes the better he is (nicer and less contagious).
The bad news is that the pills are expensive.

Assume he has to take pills in whole: no fractions.

Being an economics professor, he takes, each day, more pills as long as his MPB is greater than or equal to his MPC.

He would likely take more pills if those additional pills were free to him.

First, explain why he might take an inefficient number of pills from the classes’ perspective (the 4747 students and John). Why the word “might” rather than “will”?

Then consider the following plan: the 4747 students correctly figure out how much money is needed to buy the additional pills that would be required to get him to the point where he is
consuming pills up to the point where MSB=MSC. Assume the cost is $X>0

The students then make voluntary contributions to an Edward pill-fund, and the money raised is
used to by the extra pills.

Discuss whether this plan is likely to be efficiency increasing. Discuss whether it is likely that John will end up consuming the efficient number of pills from the classes’ perspective.

In: Psychology

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 61 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,940
Classroom supplies $ 270
Utilities $ 1,200 $ 80
Campus rent $ 4,800
Insurance $ 2,100
Administrative expenses $ 3,900 $ 42 $ 4

For example, administrative expenses should be $3,900 per month plus $42 per course plus $4 per student. The company’s sales should average $880 per student.

The company planned to run four courses with a total of 61 students; however, it actually ran four courses with a total of only 57 students. The actual operating results for September appear below:

Actual
Revenue $ 50,780
Instructor wages $ 11,040
Classroom supplies $ 16,320
Utilities $ 1,930
Campus rent $ 4,800
Insurance $ 2,240
Administrative expenses $ 3,738

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 62 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,900
Classroom supplies $ 260
Utilities $ 1,210 $ 80
Campus rent $ 4,700
Insurance $ 2,400
Administrative expenses $ 3,800 $ 43 $ 6

For example, administrative expenses should be $3,800 per month plus $43 per course plus $6 per student. The company’s sales should average $900 per student.

The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 54 students. The actual operating results for September appear below:

Actual
Revenue $ 52,900
Instructor wages $ 10,880
Classroom supplies $ 15,970
Utilities $ 1,940
Campus rent $ 4,700
Insurance $ 2,540
Administrative expenses $ 3,770

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting