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In an effort to check the quality of their cell phones, a manufacturing manager decides to take a random sample of 10 cell phones from yesterday's production run, which produced cell phones with serial numbers ranging (according to when they were produced) from 43005000 to 43005999. If each of the 1000 phones is equally likely to be selected:
a) What distribution would they use to model the selection?
b) What is the probability that a randomly selected cell phone will be one of the last 100 to be produced?
c) What is the probability that the first cell phone selected is either from the last 200 to be produced or from the first 50 to be produced?
For Exercises 21-28, use the 68-95-99.7 Rule to approximate the probabilities rather than using technology to find the values more precisely. Answers given for probabilities or percentages from Exercise 29 and on assume that a calculator or software has been used. Answers found from using Z-tables may vary slightly.
What is the budgeted factory labor costs for July? What amount would appear in the July selling, general, & administrative expense budget?
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the ending work in process inventory in the mixing department contains 300 units that are 30 complete with respect to
On October 4, Carter returned some of the merchandise, which is returned to inventory. The selling price of the merchandise is $500 and the cost of the merchandise returned is $350. On October 31 Carter paid Courtland for merchandise purchased.
Each of which entitled the bondholder to purchase, for $60, one share of Limbaugh Communications' no par common stock.
Calculate the inventory value at the end of 2011 using the dollar-value LIFO method.
wrights construction builds custom houses for individual buyers. on june 1 it had one job started with a beginning
Do both public and nonpublic or not-for-profit organizations comply with the regulations of all regulatory bodies? Why or why not? Are there gray areas?
he ledger of Elburn Company at the end of the current year shows the following: If Elburn uses the direct write-off method to account for uncollected accounts, journalize the adjusting entry at December 31, assuming Elburn determines that Copp's $..
during february winter companys employees earned wages of 50000. social security fica withheld was 2500 federal income
The periodic inventory system is used. Determine the inventory cost and the cost of merchandise sold by three methods, presenting your answers in the form
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