Contemporary Mathematics for Business & Consumers
Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305585447
Author: Robert Brechner, Geroge Bergeman
Publisher: Cengage Learning
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Chapter 21.I, Problem 4RE
To determine

To graph: The standard bar chart of the deluxe sales per month in the south-east territory for Magnum enterprises as the sales manager.

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Munoz Manufacturing Company established the following standard price and cost data: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.60 per unit $ 3.50 per unit $ 2,500 total $ 1,000 total Munoz planned to produce and sell 2,400 units. Actual production and sales amounted to 2,600 units. Assume that the actual sales price is $8.40 per unit and that the actual variable cost is $3.70 per unit. The actual fixed manufacturing cost is $2,000, and the actual selling and administrative costs are $1,030. Required a.&b. Determine the flexible budget variances and classify the effect of each variance by selecting favorable (F) or unfavorable (U). Note: Select "None" if there is no effect (i.e., zero variance). Flexible Budget Variances Sales Variable manufacturing Contribution margin Fixed manufacturing U F Fixed selling and administrative cost U Net income (loss) U
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3.2 Section Exerc dndode ui uonsanb MalA se prices: The following table presents prices, in thousands of dollars, of single-family homes for some of the largest opolitan areas in the United States for the first quarter 2012 and the first quarter of 2013. Metro Area 2012 2013 Baltimore, MD 218.1 226.5 Boston, MA 311.5 332.2 157.2 159.4 112.5 Chicago, IL Cincinnati, OH 121.0 Cleveland, OH 84.9 101.0 Dallas, TX 148.2 160.4 Denver, CO 226.4 261.2 152.1 122.1 155.1 Houston, TX 163.7 Las Vegas, NV Miami, FL 182.0 219.9 Source: National Realtors Association Send data to Excel Part 1 of 2 (a) Find the population standard deviation for 2012. Round the answer to at least two decimal places. In 2012, the population standard deviation, in thousands of dollars, was Part 2 of 2 (b) Find the population standard deviation for 2013. Round the answer to at least two decimal places. In 2013, the population standard deviation, in thousands of dollars, was

Chapter 21 Solutions

Contemporary Mathematics for Business & Consumers

Ch. 21.I - Prob. 1RECh. 21.I - TABLE 21-1 Magnum Enterprises Six-Month Sales...Ch. 21.I - Prob. 3RECh. 21.I - Prob. 4RECh. 21.I - TABLE 21-1 Magnum Enterprises Six-Month Sales...Ch. 21.I - Prob. 6RECh. 21.I - Prob. 7RECh. 21.I - BUSINESS DECISION: CHOOSING A CHART 8. You have...Ch. 21.II - Prob. 11TIECh. 21.II - Prob. 12TIECh. 21.II - Prob. 13TIECh. 21.II - Prob. 14TIECh. 21.II - Prob. 15TIECh. 21.II - Prob. 1RECh. 21.II - Prob. 2RECh. 21.II - Prob. 3RECh. 21.II - Prob. 4RECh. 21.II - Prob. 5RECh. 21.II - Prob. 6RECh. 21.II - Prob. 7RECh. 21.II - Prob. 8RECh. 21.II - Prob. 9RECh. 21.II - Prob. 10RECh. 21.II - Determine the mode of the following sets of...Ch. 21.II - Prob. 12RECh. 21.II - Prob. 13RECh. 21.II - Prob. 14RECh. 21.II - Prob. 15RECh. 21.II - Prob. 16RECh. 21.II - Prob. 17RECh. 21.II - The following numbers represent the gallons of...Ch. 21.II - You are the owner of The Dependable Delivery...Ch. 21.II - Prob. 20RECh. 21.III - Prob. 17TIECh. 21.III - Prob. 18TIECh. 21.III - Prob. 1RECh. 21.III - You are the sales manager of the Esquire...Ch. 21.III - Prob. 3RECh. 21.III - BUSINESS DECISION: RELATIVE FREQUENCY...Ch. 21 - 1. The systematic process of collecting,...Ch. 21 - 2. Statistical procedures that deal with the...Ch. 21 - A collection of related data arranged for ease of...Ch. 21 - Prob. 4CRCh. 21 - 5. The horizontal axis of a line chart is known as...Ch. 21 - Prob. 6CRCh. 21 - To construct a pie chart, we multiply each...Ch. 21 - Prob. 8CRCh. 21 - 9. The _______ is the midpoint value of a set of...Ch. 21 - Prob. 10CRCh. 21 - Prob. 11CRCh. 21 - Prob. 12CRCh. 21 - Prob. 13CRCh. 21 - Prob. 14CRCh. 21 - 1. The following data represent the monthly sales...Ch. 21 - Prob. 2ATCh. 21 - Prob. 3ATCh. 21 - You have just been hired as the quality control...Ch. 21 - 5. You are the human resource director for Apollo...
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