We all hate to bring small change to the store. Usingrandom numbers, we can eliminate the need for change andgive the store and the customer a fair shake.a Suppose you buy something that costs $.20. How could you use random numbers (built into the cash reg-ister system) to decide whether you should pay $1.00 or nothing? This eliminates the need for change!b If you bought something for $9.60, how would youuse random numbers to eliminate the need for change?c In the long run, why is this method fair to both thestore and the customer?

Ethan Manufacturing Incorporated produces floor mats for automobiles. The owner, Joseph Ethan, has asked you to assist in estimating maintenance costs. Together, you and Joseph determine that the single best cost driver for maintenance costs is machine hours. These data are from the previous fiscal year for maintenance costs and machine hours: Month Maintenance Costs Machine Hours $ 2,650 1 2 9 10 11 12 2,810 2,960 3,070 3,150 3,120 3,060 2,900 2,670 2,270 2,280 2,500 1,740 1,820 1,900 1,920 1,950 1,930 1,910 1,890 1,750 1,150 1,350 1,640 Required: 1. What is the cost equation for maintenance costs using the high-low method? 2. Calculate the mean absolute percentage error (MAPE) for the cost equation you developed in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the mean absolute percentage error (MAPE) for the cost equation you developed in requirement 1. (Input your final answer as a percentage rounded to 1 decimal…

Consider a consumer who searches to buy a new coffee mug and assume the only feature she cares about is the mug's price. Also, suppose she has visited a bookstore and learned that the price of a mug there was $12.99. She is aware of two other stores, Store A and Store B, that also sell mugs and she is considering whether to also search those stores. The consumer expects these stores to charge $9.99 and $11.99, respectively, for a mug. For what search cost might the consumer include both Store À and Store B in her consideration set? A. $0.99 B. $1.49 C. $1.99 D. $2.49 E. $2.99

Our class has found a local store that would like to sell our student's totes. We decide that we will sell her the totes for $8 (our sell price which becomes the retailers unit cost). The retailer calculates her sell price (price to consumers) by using Mark Up pricing.  Her Mark Up (%) is 85%.  What will be the retailer's sell price?  Round to the nearest WHOLE number.  Do not enter $.  Do not enter cents.

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A rich philanthropist is aware of the problems faced by school children а. from poor B40 families in Tronoh due to the Conditional Movement Control Order imposed to control the spread of Covid-19. He is willing to spend a million ringgit to help improve the situation but has limited thinking skills to develop his ideas. Use a suitable combination of the Six Thinking Hats to create ideas for the philanthropist.

Sh8

Can you assist me with this problem. If possible can you write it out it is easirer to follow along. Thank you

You are the managerial accountant at Infostore, a manufacturer of hard drives. Its reporting year-end is December 31. The chief financial officer is concerned about having enough cash to pay the expected income tax bill because of poor cash flow management. On November 15, the purchasing department purchased excess inventory of raw materials in anticipation of rapid sales growth beginning in January. The chief financial officer tells you to record the purchase of raw materials as an expense in the current year; this would decrease the company’s tax liability by increasing expenses and reducing income.   Required In which account should the purchase of raw materials be recorded? How should you respond to this request by the chief financial officer?