Pearson eText Business Statistics: First Course -- Instant Access (Pearson+)
8th Edition
ISBN: 9780136880974
Author: David Levine, David Stephan
Publisher: PEARSON+
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A mail-order catalog business that sells personal computer supplies, software, and hardware maintains a centralized warehouse for the distribution of products ordered. Management is currently examining the process of distribution from the warehouse and has the business objective of determining the factors that affect warehouse distribution costs. Currently, a handling fee is added to the order, regardless of the amount of the order. Data that indicate the warehouse distribution costs and the number of orders received have been collected over the past 24 months and can be seen below:
Months
Distribution Cost ($thousands)
Number of Orders
1
52.95
4015
2
71.66
3806
3
85.58
5309
4
63.69
4262
5
72.81
4296
6
68.44
4097
7
52.46
3213
8
70.77
4809
9
82.03
5237
10
74.39
4732
11
70.84
4413
12
54.08
2921
13
62.98
3977
14
72.30
4428
15
58.99
3964
16
79.38
4582…
Please answer C. and D.
Palisades Eco-Park is a small ecological reserve that admits a relatively small number of visitors on any day, but provides both educational and entertaining lectures, exhibitions, and opportunities to observe nature. The company has collected the following data on labor costs and number of visitors to the park over the last 30 months.
Month
Labor Cost
Visitors
1
$
25,820
1,700
2
$
36,290
2,592
3
$
39,968
2,811
4
$
31,648
2,222
5
$
34,809
2,373
6
$
32,672
2,181
7
$
32,023
2,205
8
$
38,334
2,676
9
$
38,568
2,760
10
$
46,933
3,572
11
$
42,157
2,976
12
$
39,030
2,804
13
$
34,444
2,415
14
$
33,173
2,336
15
$
36,971
2,508
16
$
26,500
2,099
17
$
30,663
3,397
18
$
29,961
2,786
19
$
27,590
2,412
20
$
30,003
2,972
21
$
25,692
2,000
22
$
24,655
1,794
23
$
28,892
3,267
24
$
30,153
3,817
25
$
28,119
2,592
26
$
31,690
3,274
27
$
28,651
2,989
28
$
29,927
3,050
29
$
28,438
2,511
30
$
27,874
2,075…
Charity Navigator is America's leading independent charity evaluator. The following data show the total expenses (), the percentage of the total budget spent on administrative expenses, the percentage spent on fundraising expenses, and the percentage spent on program expenses for supersized charities. Administrative expenses include overhead, administrative staff and associated costs, and organizational meetings. Fundraising expenses are what a charity spends to raise money, and program expenses are what the charity spends on the programs and services it exists to deliver. The sum of the three percentages does not add to because of rounding.
#
Charity
Total Expenses($)
AdministrativeExpenses(%)
FundraisingExpenses(%)
ProgramExpenses(%)
1
American Red Cross
3,354,177,445
3.9
3.8
92.1
2
World Vision
1,205,887,020
4.0
7.5
88.3
3
Smithsonian Institution
1,080,995,083
23.5
2.6
73.7
4
Food For The Poor
1,050,829,851
0.7
2.4
96.8
5
American…
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