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two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder.
Answer:
b.$5,912.50
Explanation:
The computation of the operating income is shown below:
= Sales - Direct materials cost - Direct labor cost - Manufacturing overhead cost - Total selling and administrative expense
where,
Sales = Number of units × selling price per unit
= 825 units × $74.80
= $61,710
Direct materials cost = Number of units × Direct materials per unit
= 825 units × $13
= $10,725
Direct labor cost = Number of units × Direct labor per unit
= 825 units × $13
= $7,260
Manufacturing overhead cost = Number of units × Manufacturing overhead per unit
= 825 units × $16.50
= $13,612.50
And, the Total selling and administrative expense is $24,200
Now put these values to the above formula
So, the value would equal to
= $61,710 - $10,725 - $7,260 - $13,612.50 - $24,200
= $5,912.50
Answer:
I have forgotten later I tell you
Explanation:
Answer:
Option A
Explanation:
A biased sample is the one in which only that part of a lot is chosen as sample which works with the decision desired. As for in the given case, the store chooses to receive a review from the customers who are happy.
A smiling face confirms that the person is happy with the store service.
Thus, when we provide them the comment card maximum feasibility is that they shall write back a positive comment about the store service.
In this manner if comment card is not provided to unhappy customers, the opinion formed is a biased opinion.
Final Answer
Only customers with happy faces are given an option to fill the comment card.