The randomized block design with two treatments is equivalent to a non-directional:
a. independent samples z-test.
b. independent samples t-test.
c. dependent samples z-test.
d. dependent samples t-test.
e. chi-square test for independence.
D
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Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4100 tenant-days, but its actual level of activity was 4130 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March:Data used in budgeting: Fixed element per month Variable element per tenant-dayRevenue - $35.00?Wages and salaries$3000? $8.00?Food and supplies 2000? 14.50?Facility expenses 8500? 3.50?Administrative expenses 7000? 0.50?Total expenses$20,500? $26.50??Actual results for March: Revenue$133,251? Wages and salaries$28,600? Food and supplies$62,225? Facility
expenses$22,550? Administrative expenses$7100? The spending variance for food and supplies in March would be closest to: A. $340 F B. $340 U C. $775 U D. $775 F
Which of the following is the best opening for an adjustment message?
A) Unfortunately, your negative experience with our restaurant reflects a common complaint by our customers. B) We have credited your account for $36 to refund your dining bill. C) We are so sorry that you had a bad experience while dining with us last month. D) Although we generally don't offer refunds, we're willing to make an exception in this case.
Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $48,600 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product XProduct YTotalAllocated joint processing costs$18,800? $29,800? $48,600? Sales value at split-off point$25,850? $37,800? $63,650? Costs of further processing$23,300? $17,600? $40,900? Sales value after further processing$48,800? $56,500? $105,300? Required:a. What is financial advantage (disadvantage) of processing Product X beyond the split-off point? (Negative amount should be indicated
by a minus sign.)b. What is financial advantage (disadvantage) of processing Product Y beyond the split-off point?c. What is the minimum amount the company should accept for Product X if it is to be sold at the split-off point?d. What is the minimum amount the company should accept for Product Y if it is to be sold at the split-off point?a.??b. ??c.Minimum acceptable amount?d.Minimum acceptable amount? What will be an ideal response?
If the buyer received goods on credit while he was insolvent by misrepresenting his solvency in writing within three months prior to deliver of the goods, the seller is able to reclaim the goods only if the seller makes a demand on the buyer within ten days after the buyer has received the goods
a. True b. False Indicate whether the statement is true or false