Sandy's Pet Center grooms large and small dogs. It takes Sandy 40 minutes to groom a small dog and 70 minutes to groom a large dog. Large dogs account for 20% of Sandy's business. Sandy has 5 appointments tomorrow
a. What is the probability that all 5 appointments tomorrow are for small dogs?
b. What is the probability that two of the appointments tomorrow are for large dogs?
c. What is the expected amount of time to finish all five dogs tomorrow?
a. .3277
b. .2048
c. 230 minutes
You might also like to view...
The flexible budget variance is the difference between the ________.
A) actual results and the expected results in the flexible budget for the actual units sold B) expected results in the flexible budget for the units expected to be sold and the static budget C) flexible budget and actual amounts due to differences in volumes D) flexible budget and static budget due to differences in fixed costs
Although public relations is an unlicensed field, practitioners may obtain a form of professional status and credentialing by which of the following?
A. Earning accreditation in public relations B. Obtaining a master's degree from an accredited university C. Establishing their own personal code of ethics D. Participating in continuing education programs E. Joining the Public Relations Society of America
Janos Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$111 Units in beginning inventory 300Units produced 2,000Units sold 2,200Units in ending inventory 100 Variable costs per unit: Direct materials$29Direct labor$30Variable manufacturing overhead$4Variable selling and administrative expense$9Fixed costs: Fixed manufacturing overhead$34,000Fixed selling and administrative expense$39,600 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under variable costing?
A. $12,200 B. $1,700 C. $8,800 D. $24,800
Select the response that best illustrates the point that product cost flows are cyclical and occur in a specific sequence.
A. Acquire raw materials, convert raw materials, sell finished goods, collect cash B. Collect cash, acquire raw materials, sell finished goods C. Acquire finished goods, acquire raw materials, convert raw materials, collect cash D. Sell finished goods, collect cash, acquire raw materials