A large costruction firm has 120 houses in various stages of completion. For estimation of he total dollar amount to be listed as inventory of construction in progress, a simple random ample of 12 of these houses is selected and accumulated costs determined on each. Assume the following costs were obtained for the 12 sample houses: 15500 16400 10200 8900 9800 14100 12600 6400 18000 18200 12200 7500 a) Estimate the mean accumulated cost per house and place a bound on the error of estimation. b) Detemine the sample size required to estimate the population mean with a bound on the error of estimation of 2500 Estimate the total agoun lated

A large costruction firm has 120 houses in various stages of completion. For estimation of he total dollar amount to be listed as inventory of construction in progress, a simple random ample of 12 of these houses is selected and accumulated costs determined on each. Assume the following costs were obtained for the 12 sample houses: 15500 16400 10200 8900 9800 14100 12600 6400 18000 18200 12200 7500 a) Estimate the mean accumulated cost per house and place a bound on the error of estimation. b) Detemine the sample size required to estimate the population mean with a bound on the error of estimation of 2500 Estimate the total agoun lated

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Similar questions

At a level of physical activity of 15,000 units, the total cost would be as follows using the cost formula Y = $20,000 + $4X: $35,000 $60,000 $20,000 $80,000.
please answer all parts of the question within 30 minutes. make sure all the parts are answered else i will give negative ratings.
needs to follow for benchmarking. International Machine Manufacturing Company is preparing to build a new plant by considering three potential processes for it. Intermational Machine Manufacturing Company has identified three process alternatives and developed costs as well The fixed and variable costs for the three altermatrve processes are presented below. Process A, B and C are the name of three process alternatives. The cost data are as follows: Process A 350,000 OMR 100,000 OMR 16 Process B 350,000 OMR 250,000T OMR 12 Process C 350.000 OMR 550.000 OMR T0 Calculate the Annual Contracted Units Annual fixed cost Vanable cost (Per Unit) following by the data given: using a. Identify the best process to be followed by the International Machine Manufacturing Company. b.Determine the Economical Volume for each process. c.Determine the best process for each of the following volumes: (i) 100,000 (11) 275,000 (i11) 325,000 4. The following data girer
The company produced 4000 units in July. The production manager was asked to review these costs and provide her best guess as to how they should be categorized. She responded with the following information. Variable Costs Total Costs Material Costs 36000 50000 Labor Costs 54000 70000 Production Facilities cost 10000 16000 On the basis of above information, what is the estimated cost for 4250 units from the following? Select one: a. 145750 b. 158500 c. 142250 d. 152000
You have been asked to decide about one of two mutually exclusive alternatives (A & B). The following table gives the initial costs, annual savings in labor costs, and the expected life of two pieces of equipment. Plot PW vs. i for each equipment on the same graph and identify the AAIRR from the graph (i for the intersection). Then, highlight the corresponding value of i in yellow in your spreadsheet. High-cost Equipment (A) Low-cost Equipment (B) Initial Cost $137,910 $100,000 Savings in Labor Costs $42,000 / year $32,000 / year Life 5 years 5 years
The following information is available regarding the total repair costs of Alexander Design Company for six months of 2022: Units Produced Repair Cost January 1,500 $15,875 February 1,750 $16,500 March 1,000 $11,250 April 1,250 $15,250 May 1,875 $17,750 June 2,250 $20,250 Using the least-square regression analysis on Excel, construct a cost formula. Run a regression analysis on the data above and provide your response to the following three questions. Round decimals to the nearest tenth (i.e, two decimal points). (1) Provide the regression output and construct a cost model. (2) According to the cost model, what is the estimated total fixed cost? (3) According to the cost model, what is the estimated variable cost per unit?
A machine project is tasked to you, as shown below. Figure 1: Garbage Collection Robot Using Wireless Communication Technology (nevonprojects.com) 1. The actual machine will be mass-produced based on the machine in Figure 1. The tooling (fixtures, moulds & dies) is estimated at RM100,000 with expected product lifespan of 10,000 sets. Material cost is RM200 per set. Administration and overhead cost are at RM250,000 per year. Production planning per month for the machine is at 300 sets. Determine the machine cost per set.
A moodle1.du.edu.om The company produced 1000 units in January. The production manager was asked to review these costs and provide her best guess as to how they should be categorized. She responded with the following information. Variable Total Costs Costs Material Costs 35000 45000 Labor Costs 55000 67500 Production Facilities cost 2500 10500 On the basis of above information, what is the estimated cost for 1600 units from the following? Select one: a. 173000 b. 158500 c. 178500 d. 163750 II
The first task: It was decided to establish a factory to produce building . units from sustainable materials. The construction of the factory required a fixed cost of 10 000 dollars. The variable cost is $5 per unit in the case of producing 5000 units. If the factory produces more than that, the :variable costs will be $4 per unit. Find the following with the fee a. The selling price if the contractor sells 4,000 units and gets a profit of $4,000. T. Break-even point in the event of an increase in fixed costs by 25% B_tie point. .of the current fixed cost. d. Profit (in case the fixed costs increase by 25% of the current fixed .cost) if the factory sells 5500 units.
Use the following information for questions 2-4. Compute It uses activity-based costing. Two of Compute It’s production activities are kitting(assembling the raw materials needed for each computer in one kit) and boxing the completed products for shipment to customers. Assume that Compute It spends $960,000 per month on kitting and $32,000 per month on boxing. Compute it allocates the following: • Kitting costs based on the number of parts used in the computer • Boxing costs based on the cubic feet of space the computer requires Suppose Compute It estimates it will use 400,000 parts per month and ship products with a total volume of 6,400 cubic feet per month. What are the predetermined overhead allocation rates?
The equipment cost for a laboratory that plans to specialize in analyzing for endocrine disruptors, pharmaceuticals, and personal care products is $920,000. If the direct cost factor is 1.54 and the indirect cost factor is 0.49 (applied to equipment only), determine the expected cost of the laboratory.
Consider a production process where flowers are grown (the output) using gardeners (labor) and greenhouses (capital). The quantity of flowers grown per day with various combinations of labor and capital are shown in the table below. Suppose that each gardener is paid $220 per day and the greenhouse is rented for $500 per day. Fill in total cost in the table below. (Enter your responses as integers.) Labor Capital Output Total Cost 0 1 0 $nothing 1 1 80 nothing 2 1 240 nothing 3 1 320 nothing 4 1 360 nothing 5 1 380 nothing

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS