In goodness-of-fit-test, the expected frequencies are based on the:
A) null hypothesis.
B) alternative hypothesis.
C) normal distribution.
D) chi-square distribution.
A
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The cost of plant and equipment less accumulated depreciation equals the ____________________
Fill in the blank(s) with correct word
Maxine Watters, the managerial accountant, has been asked by the President of Coolare Ceiling Fan Company to prepare an analysis of the effectiveness of the new management team. The company manufactures paper fans.2020 standards:Direct materials - 4 parts @ $2 per partDirect labor - one half hour (0.5) @ $10 per hourEstimated production - 100,000Actual results 2020:Direct materials - 585,000 parts at a total cost of $1,462,500 were purchased and usedDirect labor - 51,000 hours at a cost of $561,000Actual production - 130,000 fansRequired:Requirement: Compute the direct material and direct labor price and efficiency variances.
What will be an ideal response?
The interest-adjusted net cost index takes into consideration the time value of money
Indicate whether the statement is true or false.
In the ________ era, families traded or sold their "surplus" output to local distributors.
A. sales B. pure subsistence C. production D. marketing company E. simple trade