Drainage & Irrigation Equipment, Inc, contracts to sell its assets to Earth & Sky Aquatic Corpo¬ration. Before either party has performed, rescission of this con-tract requires

In the Dichter Co., indirect labor is budgeted for $72,000 and factory supervision is budgeted for $24,000 at normal capacity of 160,000 direct labor hours. If 180,000 direct labor hours are worked, flexible budget total for these costs is

a) $108,000. b) $96,000. c) $105,000. d) $99,000.

Magic Valley Memorial Hospital administrators have recently received an internal audit report that indicates that 15% of all patient bills contain an error of one form or another

After spending considerable effort to improve the hospital's billing process, the administrators are convinced that things have improved. They believe that the new error rate is somewhere closer to 0.05.Suppose that recently the hospital randomly sampled 10 patient bills and conducted a thorough study to determine whether an error exists. It found 3 bills with errors. Assuming that managers are correct that they have improved the error rate to 0.05, what is the probability that they would find 3 or more errors in a sample of 10 bills?A) 0.0115 B) 0.0233 C) 0.0884 D) 0.0766