Not sure about question f-j . looking to confirm my answers with someone
Health spending per person from a random sample of 20 countries is shown below.
|
Country |
Per capita health expenditure in 2010 |
|
Bahrain |
868 |
|
Belarus |
324 |
|
Belize |
243 |
|
Brunei Darussalam |
886 |
|
Colombia |
476 |
|
Congo, Rep. |
76 |
|
Cote d’Ivorie |
64 |
|
Cuba |
611 |
|
Finland |
3988 |
|
Germany |
4672 |
|
Guinea-Bissau |
51 |
|
Guyana |
184 |
|
Jamaica |
247 |
|
Lesotho |
113 |
|
Malta |
1701 |
|
Morocco |
152 |
|
Namibia |
365 |
|
Phillipines |
81 |
|
Qatar |
1493 |
|
Saudi Arabia |
684 |
In: Math
How do you calcuate the Fixed Overhead (FOH) spending variance and the Fixed Overhead (FOH) production volume variance given the following information:
(budgeted assembly time is 2 hrs per unit of output)
| Actual Results | Static Budget | |
| Number of fans assembled $ sold | 220 fans | 150 fans |
| Hours of assembley time | 396 hours | - |
| Variable Overhead (VOH) cost per hr of assembly time | - | $ 31.00 |
| VOH costs | $ 12,693 | - |
| FOH cost | $ 15,510 | $ 14,100 |
In: Accounting
Exercise 9-13 Revenue and Spending Variances [LO9-3]
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:
| Fixed Cost per Month |
Cost per Car Washed |
||||||
| Cleaning supplies | $ | 0.50 | |||||
| Electricity | $ | 1,000 | $ | 0.09 | |||
| Maintenance | $ | 0.25 | |||||
| Wages and salaries | $ | 4,300 | $ | 0.20 | |||
| Depreciation | $ | 8,500 | |||||
| Rent | $ | 1,900 | |||||
| Administrative expenses | $ | 1,600 | $ | 0.03 | |||
For example, electricity costs are $1,000 per month plus $0.09 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.10 per car washed.
The actual operating results for August are as follows:
| Lavage Rapide | ||
| Income Statement | ||
| For the Month Ended August 31 | ||
| Actual cars washed | 8,600 | |
| Revenue | $ | 53,950 |
| Expenses: | ||
| Cleaning supplies | 4,750 | |
| Electricity | 1,735 | |
| Maintenance | 2,365 | |
| Wages and salaries | 6,360 | |
| Depreciation | 8,500 | |
| Rent | 2,100 | |
| Administrative expenses | 1,755 | |
| Total expense | 27,565 | |
| Net operating income | $ | 26,385 |
Required:
Calculate the company's revenue and spending variances for August. (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
In: Economics
"Health Care Reform - Why spending more will get you less" Your submission must contain the following issues: a) the uninsured; b) what is causing the increasing in health care costs; c) health care reform; d) the Moral Hazard problem; e) will extra preventive care cut costs Instructions: 1. You must cite 2 current sources (within 2 years) and your book or any other textbook, Wikipedia, or any other reference material cannot be used as any of the sources. Sources should be cited according to APA
In: Economics
In: Economics
|
Indicate if the variable increases, decreases or does not change. Compare to the initial equilibrium. |
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|
Short run |
Long run |
|
|
Real output |
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|
Real interest rate |
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|
Price level |
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|
Consumption |
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Investment |
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In: Economics
Question 1 a. After completing its capital spending for the year, HSU Manufacturing has $1,000 extra cash. HSU’s managers must choose between investing the cash in Treasury bonds that yield 8% or paying the cash out to investors who would invest in the bonds themselves. i. If the corporate tax rate is 35%, what personal tax rate would make the investors equally willing to receive the dividend or to let HSU invest the money? ii. Is the answer to part i) reasonable? Explain. b. The desire for high current income is a valid explanation of preference for high current dividend policy. Comment on the validity of this statement.
In: Finance
a. After completing its capital spending for the year, HSU Manufacturing has $1,000
extra cash. HSU’s managers must choose between investing the cash in Treasurybonds that yield 8% or paying the cash out to investors who would invest in the bonds themselves.
If the corporate tax rate is 35%, what personal tax rate would make the investors equally willing to receive the dividend or to let HSU invest the money?
Is the answer to part i) reasonable? Explain.
b. The desire for high current income is a valid explanation of preference for high current
dividend policy. Comment on the validity of this statement.
In: Finance
Confidence intervals, effect sizes, and Valentine’s Day spending: According to the Nielsen Company, Americans spend $345 million on chocolate during the week of Valentine’s Day. Let’s assume that we know the average married person spends $45, with a population standard deviation of $16. In February 2009, the U.S. economy was in the throes of a recession. Comparing data for Valentine’s Day spending in 2009 with what is generally expected might give us some indication of the attitudes during the recession. a. Compute the 95% confidence interval for a sample of 18 married people who spent an average of $38. b. How does the 95% confidence interval change if the sample mean is based on 180 people? c. If you were testing a hypothesis that things had changed under the financial circumstances of 2009 as compared to previous years, what conclusion would you draw in part (a) versus part (b)? d. Compute the effect size based on these data and describe the size of the effect.
In: Math