Sole Purpose Shoe Company is owned and operated by Sarah Charles. The company manufactures casual shoes, with manufacturing facilities in your state. Sarah began the business this year, and while she has a great deal of experience in manufacturing popular and comfortable shoes, she needs some help in evaluating her results for the year, and asks for your help. Sarah’s first questions for you have to do with the general ideas and terminology used to evaluate variances. Provide answers to the following questions (1)-(3). 1. Why might Sarah want to use standard costs to compare with her actual costs? A) Management can evaluate the differences between standard costs and actual costs to focus on correcting the cost variances.   B) Standard costs give management a cost structure for products that is applicable for the entire life of the business.   C) Standard costs allow management to motivate employees by comparing their performance to what it would be under perfect conditions.     2. What are some possible drawbacks to using standard costs that Sarah might consider? Check all that apply.   A) Since standards are impossible to attain, they are a distraction from the work at hand.   B) Since standards never change, they do not reflect reality.   C) Standards limit operating improvements because employees may be discouraged from improving beyond the standards.   D) Employees may focus only on efficiency improvement and their own operations rather than considering the larger objectives of the organization.   E) Standards may become “stale” in a dynamic manufacturing environment.

The accompanying data provides the results of a survey of 27 employees in a tax division of a Fortune 100 company. a. Test the null hypothesis that the average number of years of service is the same for males and females. Assume that the population variances are unequal. b. Test the null hypothesis that the average years of undergraduate study is the same for males and females. Assume that the population variances are unequal Click the icon to view the survey data. a. Is there sufficient evidence at the 0.01 level of significance that the average number of years of service is the same for males and females? Determine the null hypothesis, H. and the alternative hypothesis. H Let females be population 1 and males be population 2 Ho H1 H2 = 0 HH-H # 0 (Type integers or decimals. Do not round.) Compute the test statistic (Round to two decimal places as needed.) Survey data Gender Years of Service Years Undergraduate Study Gender Years of Service Years Undergraduate Study Female 18 4 Male 6…

One way consumers can evaluate altenatives is to identify important attributes and assess how purchase alternatives perform on those attributes. Consider the purchase of a tablet Each attribute is given a weight to refect its level of importance to that consumer Then the consumer evaluates each alternative on each attribute (higher ratings indicate higher performance) A score can be calculated for each brand by multiplying the importance weight for each attribute by the brand's score on that attribute. These weighted scores are then summed to determine the score for that brand Calculate the weighted scores for all brands. Which brand would this consumer likely choose? Which brand is this consumer least likely to purchase? Importance Weight Alternative Brands Attributes A Screen size 03 Price 0.1 2 7. Operating System Apps available 02 04 3 4. 3. Fl in the table below (Round to one decimal place) Brand Score A 35

I need requirement A-C please.

Price and efficiency variances, benchmarking. Nantucket Enterprises manufactures insulated cold beverage cups printed with college and corporate logos, which it distributes nationally in lots of 12 dozen cups. In June 2017, Nantucket produced 5,000 lots of its most popular line of cups, the 24-ounce lidded tumbler, at each of its two plants, which are located in Providence and Amherst. The production manager, Shannon Bryant, asks her assistant, Joel Hudson, to nd out the precise per-unit budgeted variable costs at the two plants and the variable costs of a competitor, Beverage Mate, who offers similar-quality tumblers at cheaper prices. Hudson pulls together the following information for each lot:

Nike CIO surveyed their employees at the R&D department and collected the following data to help him to decide whether employees should work from home or commute to the work. The data represents the number of miles that employees commute from home to work each day. There are two samples: one for males and one for females. Males: 13 5 2 23 14 5 Females: 15 6 3 2 The coefficient of variation of commute miles for the males is: about 67 percent. approximately 76 percent. approximately 61.5. about 7.8.

The accompanying data provides the results of a survey of 27 employees in a tax division of a Fortune 100 company. a. Test the null hypothesis that the average number of years of service is the same for males and females. Assume that the population variances are unequal. b. Test the null hypothesis that the average years of undergraduate study is the same for males and females. Assume that the population variances are unequal. Click the icon to view the survey data. a. Is there sufficient evidence at the 0.01 level of significance that the average number of years of service is the same for males and females? Determine the null hypothesis, Ho, and the alternative hypothesis, H₁. Let females be population 1 and males be population 2. Ho P-P2 H₁: P₁ - H = 0 (Type integers or decimals. Do not round.) Compute the test statistic. - 3.65 (Round to two decimal places as needed.) Find the p-value for the test. (Round to three decimal places as needed.)