State the formal results of the test.
You run a small business with four employees: Susan, Jimmy, Albert, and Camilla. Because you need three employees at work at any given time, only one employee ever has the day off. Unfortunately, everyone always wants Saturday off. One of your employees has confronted you and said that you favor some employees over others in providing Saturdays off. To investigate this, you pulled up a list of who has recently had Saturdays off each week. Over the past 24 weeks, Jimmy has had 10 Saturdays off, Susan has had 2 Saturdays off, Albert has had 12 Saturdays off, and Camilla has had 16 Saturdays off.
?2(3) = 10.40, p < .05
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In terms of copytesting, all of the following criticisms have recently been voiced, except:
A) copytests stifle creativity that is needed to produce ads that stand out B) copytests favor emotional approaches in advertising C) copytests tend to lead to ads about product benefits that are believable and understandable to a focus group D) members of focus groups know little about creativity and are not legitimate judges of creative advertising
If there is no beginning work in process inventory and the ending work in process inventory is 90 percent complete, the number of equivalent units would be:
a. The same as the units placed in process. b. The same as the units completed. c. Less than the units placed in process. d. Less than the units completed.
On January 1, 2010, Belmont Corporation had 50,000 shares of $10 par value common stock issued and outstanding. All 50,000 shares had been issued in a prior period at $15 per share. On February 1, 2010, Belmont purchased 2,000 shares of treasury stock for $18 per share and later sold the treasury shares for $20 per share on March 2, 2010 . The entry to record the purchase of the treasury shares
on February 1, 2010, would be: a. Cash 36,000 Treasury Stock-Common 36,000 b. Cash 36,000 Treasury Stock-Common 30,000 Gain on Treasury Stock-Common 6,000 c. Treasury Stock, Common 30,000 Loss on Treasury Stock-Common 6,000 Cash 36,000 d. Treasury Stock, Common 36,000 Cash 36,000
Milltown Company specializes in selling used cars. During the month, the dealership sold 22 cars at an average price of $15,000 each. The budget for the month was to sell 20 cars at an average price of $16,000. Compute the dealership's sales price variance for the month.
A. $32,000 favorable. B. $22,000 favorable. C. $10,000 favorable. D. $22,000 unfavorable. E. $32,000 unfavorable.