Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
An auditor for a government agency is assigned to the task of evaluating reimbursement for office visits to doctors paid by Medicare. The audit is to be conducted for all Medicare payments in a particular area during a certain month. An audit is conducted on a sample of 75 of the reimbursements with the following results.
Average amount of reimbursement $93.70
Standard deviation of reimbursement $34.55
Number of reimbursements where an
incorrect amount was provided 12
a. At the 0.05 level of significance, is there evidence that the proportion of incorrect reimbursements in the population is greater than 10%? What is the p-value of the test?
b. What is the smallest sample size needed to estimate the mean amount reimbursed to within 50 cents with 90% confidence, if a preliminary study indicates that the sample standard deviation of all amounts reimbursed is $3.00
The following information was available for Bowyer Company at December 31, 2010: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $660,000; and sales $900,000. Bowyer's inventory turnover ratio in 2010 was:
The mean shopping time for the sample of 50 shoppers is 25.36 minutes with a standard deviation of 7.24 minutes. Using the 0.10 level of significance, is there evidence that the mean shopping time at the local supermarket is different from the cla..
In 2012, Warren sold his personal use automobile for a loss of $9,000. He also sold a personal coin collection for a gain of $10,000. As result of these sales, $1,000 is subject to income tax.
On January 1, 2001, raw materials inventory included direct materials with a cost of $20,000. During the year, the firm purchased direct materials costing $50,000. At year-end, the account included direct materials, with a cost of $5,000.
What are the components of measuring the economic damages from the loss of household services?
In the past (20 to 30 years ago) people relied solely on defined benefit plans and social security for their retirement planning. I wonder if the baby boomers started realizing the potential shortcomings and decided to start saving for retirement ..
Could a company lose to a competitor if they do not have real time online perpetual inventory records to provide answers to customers that are trying to place an order?
Why is the identification of favorable and unfavorable variances so important to a company? How can the identification of the variances help management control costs?
Each month Jaime places 2 raw materials orders for sweaters and 8 for jackets. Using orders placed as a cost driver, how much of the order processing overhead is allocated to jackets?
Matt Company uses a standard cost system. Information for raw materials for Product RBI for the month of October follows:
What is the difference between Kamath's and Gehr's required rates of return? (Hint: First, find the market risk premium, then find required returns on the stocks.)
Compute the after-tax profit of Falcon.Com separately for both the (1) FIFO and (2) LIFO methods of inventory valuation assuming the company has no expenses other than cost of goods sold and its income tax rate is 50%. Taxes are accrued currently ..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd