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Problem: In the month of March, Style Salon services 560 clients at an average price of $120. During the month, fixed costs were $21,024 and variable costs were 60% of sales.
Instructions
Question 1: Determine the contribution margin in dollars, per unit, and as a ratio.
Question 2: Using the contribution margin technique, compute the break-even point in dollars and in units.
In order to conduct testing of the life hours of their light bulbs, they randomly sampled nine light bulbs and measured how many hours they lasted (mean = 346.6). 378, 361, 350, 375, 200, 391, 375, 368, 321 What is the variance?
suppose that it is known that the number of items produced at a factory per week is a random variable x with mean 50. a
Find a randomized UMA upper confidence bound for ? with confidence coefficient 1 - a.
The Chronicle of Higher Education (August 31, 2001) published data collected in a survey of a large number of students who were college freshmen in the fall of 2001. Of those surveyed, 70.6% reported that they were attending their ?rst-choice coll..
Does it fall into the confidence interval computed from the sample data? What does this tell you?
Information collected at a local university indicates that business majors enroll for an average (µ) of 10.65 credit hours per semester
Prepare a report with your rankings of the judges. Also include an analysis of the likelihood of appeal and case reversal in the three courts. At a minimum, your report should include the probability of cases being appealed and reversed in the thre..
Dell has 8,000 shares outstanding at a market price of $25 a share. Neither firm has any debt. Dell is acquiring ABC for $350,000 in cash.
A stream has been monitored weekly for a number of years, and the total dissolved solids in the stream averages 40 parts per million and is constant.
What is the probability that a U.S. user who downloads music, selected at random, obtained it from either the United States or Canada.
a scientific committee of 4 persons is to be randomly selected from a group consisting of 3 biologists 3 physicists and
Feel free to use StatCrunch to write the model and find the expected value, then include your screen shot as a picture.
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