Questions
The following information is for Alex Corp:    Product X: Revenue                              

The following information is for Alex Corp:

   Product X: Revenue                                             $12.00

                        Variable Cost $4.50

   Product Y: Revenue                                             $44.50

                        Variable Cost $9.50

   Total fixed costs                                                 $75,000

What is the breakeven point assuming the sales mix consists of two units of Product X and one unit of Product Y?

a. 842.5 units of Y and 1,685 units of X

b. 1 units of Y and 10,000 units of X

c. 1,500 units of Y and 3,000 units of X

d. 3,000 units of Y and 1,500 units of X

I got C, I need this second part below.

What is the operating income, assuming actual sales total 120,000 units, and the sales mix is two units of Product X and one unit of Product Y?

a. 1,925,000

b. 1,200,000

c. 2,000,000

d. 1,960,000

In: Accounting

What is the purpose of reconciling the Canada Revenue Agency account?

What is the purpose of reconciling the Canada Revenue Agency account?

In: Accounting

DESCRIBE ACCOUNTING ISSUES FOR REVENUE RECOGNITION AT POINT OF SALE.

DESCRIBE ACCOUNTING ISSUES FOR REVENUE RECOGNITION AT POINT OF SALE.

In: Accounting

Why is it incorrect to record the sale of equipment as miscellaneous revenue?

Why is it incorrect to record the sale of equipment as miscellaneous revenue?

In: Accounting

what is the role of risk measurement in managing revenue risk

what is the role of risk measurement in managing revenue risk

In: Finance

The value of a sports franchise is directly related to the amount of revenue that a...

The value of a sports franchise is directly related to the amount of revenue that a franchise can generate.  The data below represents the value in 2017 ($ in millions) and the annual revenue ($ in millions) for the 30 Major League Baseball teams.

Team

Revenue ($ in millions)

Value

($ in millions)

Baltimore Orioles

253

1175

Boston Red Sox

434

2700

Chicago White Sox

269

1350

Cleveland Indians

271

920

Detroit Tigers

275

1200

Houston Astros

299

1450

Kansas City Royals

246

950

Los Angeles Angels

350

1750

Minnesota Twins

249

1025

New York Yankees

526

3700

Oakland Athletics

216

880

Seattle Mariners

289

1400

Tampa Bay Rays

205

825

Texas Rangers

298

1550

Toronto Blue Jays

278

1300

Arizona Diamondbacks

253

1150

Atlanta Braves

275

1500

Chicago Cubs

434

2675

Cincinnati Reds

229

915

Colorado Rockies

248

1000

Los Angeles Dodgers

462

2750

Miami Marlins

206

940

Milwaukee Brewers

239

925

New York Mets

332

2000

Philadelphia Phillies

325

1650

Pittsburgh Pirates

265

1250

St. Louis Cardinals

310

1800

San Diego Padres

259

1125

San Francisco Giants

428

2650

Washington Nationals

304

1600

1. Using Excel or JMP, construct a scatterplot of value versus the revenue for the 30 MLB teams in 2016.  Provide a copy of the resulting scatterplot. (3 points)

2. Based upon your scatterplot, does it appear that the linear model is a reasonable approximation of the data? Comment on the direction and form of the relationship. (2 points)

3.  Using Minitab provide (or attach) the simple linear regression analysis for predicting a team’s value based upon its revenue. (2 points)

4. State the slope for the simple linear regression analysis and interpret this value in this context. (2 points)

5. State the y-intercept for the simple linear regression analysis and interpret, if applicable. (1 point)

6.  State the standard error of the regression analysis and interpret that value.  (2 points)

7. State the coefficient of determination and interpret the value in this context. (2 points)

8. State the sum of square errors. (1 point)

SSE=504849.5953

9. State the standard error of the slope. (1 point)

SEb(1)=sqrt(504849.5953/30-2)/sqrt(186742.7)=134.277/432.137=0.3107

Source: www.forbes.com

10. Calculate and interpret the 95% confidence interval for slope.   (2 points)

8.6507+-2.048(0.3107)=8.6507+-0.6363=(8.0144,

   We are 95% confident that the slope of the interval is between 8.0144 and 9.287.

11.  From the coefficient of determination, standard error of regression, and the confidence interval for slope does that model appear to fit well?  Explain.  (2 points)

In: Statistics and Probability

What are the consequences associated with the new revenue recognition standard?

What are the consequences associated with the new revenue recognition standard?

In: Accounting

State What Kind of Fraud Is One of The Occurrence of Revenue?

State What Kind of Fraud Is One of The Occurrence of Revenue?

In: Accounting

how price discrimination can generate more revenue

how price discrimination can generate more revenue

In: Accounting

Movie: A beautiful mind -Do you think SSD is accurately portrayed in this film? Describe the...

Movie: A beautiful mind -Do you think SSD is accurately portrayed in this film? Describe the course and progression of John Nash’s illness as depicted in the film.Does John meet the DSM-5 criteria for SSD? Which MSE findings support/dispute this? Are auditory hallucinations more or less common than visual hallucinations in people with SSD? Can mental health professionals make accurate predictions about the likelihood of violence in people with mental illness?Is there any relationship between John’s mathematical genius and the course of his illness? How were John’s delusions of paranoia affected by the realities of his job? What elements of anxiety and depression are present in John, and at what points in the film are they heightened? Can a patient with SSD usually comprehend the fact that he/she is delusional when confronted with absolute and contradicting truths? John is depicted as having aged quite a bit in the film when compared to the other characters. How does the lifestyle of someone with untreated mental illness contribute to aging? What clues are there in the first half of the film to indicate that John is in the early stages of SSD? Do you think simply ignoring hallucinations is effective for most people with SSD?

In: Psychology