The weather is becoming important to you since you would like to go on a picnic today. If it was sunny yesterday, there is a 70% chance it will be sunny today. If it was raining yesterday, there is a 30% chance it will be sunny today
If the probability that it was raining yesterday is 0.25, what is the probability that it will rain today?
A) 0.1
B) 0.3
C) 0.4
D) 0.7
E) None of the above
C
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Caldwell, Inc has two processes—Coloring Department and Mixing Department
The company sold 450 gallons on account at $110 per gallon. The total cost of processing was $385,000 for 5,500 gallons of paint. Throughout the year, the company used a predetermined overhead allocation rate to allocate $80,000 and $90,000 of indirect costs to the Coloring Department and Mixing Department, respectively. The actual overhead costs incurred amounted to $150,000 at the end of the year. What are the journal entries to record the sale of goods and the adjustment for over/underallocated manufacturing overhead at the end of the year if the company follows a process costing system? What will be an ideal response
One method of business-to-business market segmentation utilizes company size as a segmentation variable
Indicate whether the statement is true or false