True or False The power of a test is the probability that a true null hypothesis will be rejected

Indicate whether the statement is true or false


F

Business

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A company produces 200 microwave ovens per month, each of which includes one electrical circuit

The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $24 per circuit and fixed costs of $12,000 per month. Assume the company could cut fixed costs in half by outsourcing and that there is no alternative use for the facilities presently being used to make circuits. If the company outsources, operating income will ________. A) increase by $4,800 B) decrease by $4,800 C) decrease by $1,200 D) stay the same

Business

Information on the standard times for an operation will be found in:

A) the routing. B) the work center master. C) the product master. D) the bill of materials.

Business

Salmon, Inc. issues 500,000 shares of preferred stock for $60 a share. The stock has a fixed annual dividend rate of 5% and a par value of $18 per share. The current price of the preferred stock is $64 a share. If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of:

A. $3.00 per share. B. $3.20 per share. C. $0.90 per share. D. $2.10 per share.

Business

Multiple individuals should be designated the lead, or primary, responsibility for each work item

a. True b. False Indicate whether the statement is true or false

Business