Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Ltd., for a cost of $35 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following information relating to its own cost of producing the carburetor internally:
| Per Unit | 15,000 Units Per Year |
|||||
| Direct materials | $ | 14 | $ | 210,000 | ||
| Direct labor | 10 | 150,000 | ||||
| Variable manufacturing overhead | 3 | 45,000 | ||||
| Fixed manufacturing overhead, traceable | 6 | * | 90,000 | |||
| Fixed manufacturing overhead, allocated | 9 | 135,000 | ||||
| Total cost | $ | 42 | $ | 630,000 | ||
*One-third supervisory salaries; two-thirds depreciation of special equipment (no resale value).
Required:
1. Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 15,000 carburetors from the outside supplier?
2. Should the outside supplier’s offer be accepted?
3. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $150,000 per year. Given this new assumption, what would be financial advantage (disadvantage) of buying 15,000 carburetors from the outside supplier?
4. Given the new assumption in requirement 3, should the outside supplier’s offer be accepted?
In: Accounting
***Need 200 words in total for the 3 question about LINUX below***
In: Computer Science
You are a researcher interested in measuring self-esteem. You give your participants a 10-item questionnaire with items, such as “I feel that I have a number of good qualities” or “I take a positive attitude toward myself.” Participants indicate agreement to these questions on the same 5-point scales, ranging from 1 (not at all agree) to 5 (completely agree). On which scale level do you measure self-esteem? Nominal, ordinal, interval, or ratio? Why?
In: Psychology
You would be most likely to use operant conditioning to teach a dog to ____.
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fear cars in the street |
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dislike the taste of dead birds |
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wag its tail whenever it is excited |
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retrieve sticks and balls |
In: Psychology
An economist wonders if corporate productivity in some countries
is more volatile than in other countries. One measure of a
company's productivity is annual percentage yield based on total
company assets.
A random sample of leading companies in France gave the following
percentage yields based on assets.
| 4.5 | 5.6 | 3.7 | 3.8 | 2.9 | 3.5 | 2.8 | 4.4 | 5.7 | 3.4 | 4.1 |
| 6.8 | 2.9 | 3.2 | 7.2 | 6.5 | 5.0 | 3.3 | 2.8 | 2.5 | 4.5 |
Use a calculator to verify that the sample variance is
s2 ≈ 1.982 for this sample of French
companies.
Another random sample of leading companies in Germany gave the
following percentage yields based on assets.
| 2.6 | 3.8 | 3.7 | 4.1 | 5.4 | 5.5 | 5.0 | 5.4 | 3.2 |
| 3.5 | 3.7 | 2.6 | 2.8 | 3.0 | 3.0 | 2.2 | 4.7 | 3.2 |
Use a calculator to verify that s2 ≈ 1.108
for this sample of German companies.
Test the claim that there is a difference (either way) in the
population variance of percentage yields for leading companies in
France and Germany. Use a 5% level of significance. How could your
test conclusion relate to the economist's question regarding
volatility (data spread) of corporate productivity of
large companies in France compared with companies in Germany?
(a) What is the level of significance?
State the null and alternate hypotheses.
Ho: σ12 = σ22; H1: σ12 > σ22Ho: σ12 > σ22; H1: σ12 = σ22 Ho: σ22 = σ12; H1: σ22 > σ12Ho: σ12 = σ22; H1: σ12 ≠ σ22
(b) Find the value of the sample F statistic. (Use 2
decimal places.)
What are the degrees of freedom?
| dfN | |
| dfD |
What assumptions are you making about the original distribution?
The populations follow dependent normal distributions. We have random samples from each population.The populations follow independent normal distributions. The populations follow independent normal distributions. We have random samples from each population.The populations follow independent chi-square distributions. We have random samples from each population.
(c) Find or estimate the P-value of the sample test
statistic. (Use 4 decimal places.)
p-value > 0.2000.100 < p-value < 0.200 0.050 < p-value < 0.1000.020 < p-value < 0.0500.002 < p-value < 0.020p-value < 0.002
(d) Based on your answers in parts (a) to (c), will you reject or
fail to reject the null hypothesis?
At the α = 0.05 level, we reject the null hypothesis and conclude the data are not statistically significant.At the α = 0.05 level, we reject the null hypothesis and conclude the data are statistically significant. At the α = 0.05 level, we fail to reject the null hypothesis and conclude the data are not statistically significant.At the α = 0.05 level, we fail to reject the null hypothesis and conclude the data are statistically significant.
(e) Interpret your conclusion in the context of the
application.
Fail to reject the null hypothesis, there is sufficient evidence that the variance in percentage yields on assets is greater in the French companies.Reject the null hypothesis, there is insufficient evidence that the variance in percentage yields on assets is greater in the French companies. Reject the null hypothesis, there is sufficient evidence that the variance in percentage yields on assets is different in both companies.Fail to reject the null hypothesis, there is insufficient evidence that the variance in percentage yields on assets is different in both companies.
In: Math
The basic elements of modern portfolio theory were proposed by Dr. Harry M.Markowitz in 1952. He provided the theoretical framework for the systematic composition of optimum portfolio.
Inlight of the above , discuss Markowitzs Model and the Efficient Frontier as a finance theory
In: Finance
do the following in r studio Perform the Analysis of Variance of the grade point average of the Design of Experiments subject . According to the following information. trat <- c (1,1,1,2,2,2,3,3,3,4,4,4) y <- c (7.66,6.98,7.80,5.26,5.44,5.80,7.41,7.33,7.04,3.51,2.91,3.66) trat <- as. factor (trat) data <- cbind (trat, y) y "is the dependent variable (grade point average) and the treatment is the variable" trat "is the type of test applied. Perform the following analyzes on the provided data:
1. Define the proposed experiment and identify the response variables, the factor, and the factor levels.
2. Perform exploratory data analysis
3. Indicate if there are outliers and if these would have an effect on the proposed experiment
4. Show graphically whether or not there is a difference of means for the treatment
5. Perform the ANOVA and write the null and alternative hypotheses, indicate the value of the statistic Contrast F and the critical value of F under the null hypothesis
6. Indicate the value of the mean square of the treatment, mean square of the error and square half total
7. Compare paired means and indicate whether there is a relationship between treatment and answer (Tukey's test)
8. Represent graphically the differences found and interpret the results 9. Based on your experiment, what would your conclusions be?
In: Computer Science
what is the cloud delivery models and cloud deployment models of
Huawei Cloud
Eucalyptus
Salesforce Cloud
VMware Cloud
AWS
Google Cloud Platform
Microsoft Azure
Oracle Cloud
SAP Cloud
Rackspace
IBM Cloud
also what should you consider in order virtualising data centre? what services support this process from above providers
In: Computer Science
Problems that are best suited for the various methods of paternalistic, informative and shared decision making in leadership and management nursing
In: Nursing
Diseconomies of Scale – Sources and Possible Remedies
In: Economics
We want to be local and global, small and big, radically decentralized with central reporting and control. If we can solve those contradictions, we can create real organizational advantage'. - The former CEO of ABB
Questions:
1- Based on the international corporate strategy, how can a company
be local or global?
2- Does the corporate strategy (local or global) depend on the
sector, customers or industry?
3- How can companies solve the contradictions of being local and
global?
In: Operations Management
The manager of Dukey’s Shoe Station estimates operating costs for the year will include $405,000 in fixed costs. Required: a. Find the break-even point in sales dollars with a contribution margin ratio of 50 percent. b. Find the break-even point in sales dollars with a contribution margin ratio of 30 percent. c. Find the sales dollars required to generate a profit of $250,000 for the year assuming a contribution margin ratio of 50 percent.
In: Accounting
Indicate (with brief descriptions) the monetary factors which have been proposed as causes of the Depression which began in 1929 in the United States.
In: Economics
Please assume that you are creating a product. (production of text books) For your product, please perform the following:
1) Identify at least ten costs related to your product (Direct materials, Direct labor, Overhead, Period costs) - you much use each category at least once. Determine the value of each of these costs on a per unit level. Refer to lecture for additional explanation.
2) List each of your costs to determine the Total Product cost of your product.
3) Determine a reasonable Sales price for your product.
4) Determine the amount of Target profit you would like to earn from this product for each of the next three years.
5) Calculate Break-even based on your Target profit for each of the three years.
6) Create a proforma Income statement for each of the three years.
In: Accounting
Narrate a personal experience in which someone else's reaction to misinformation revealed something meaningful and true.
In: Psychology