In a factory the output passes through three processes to completion. The production of each process is passed on the next process immediately on completion. Particular are given below: -
Particulars
Process A
Process B
Process C
Material
10,200
10,000
9,200
Wages
3,800
8,100
1,800
Manufacturing Expenses
6,000
1,900
2,000
Output in Units
10,000
12,000
15,000
Opening Stock in Units
5,000
8,000
Closing Stock in Units
1,000
3,000
Answers
Answer:
All right, so we're on question. Number 53 talking about a farmer's market. So farmer has £100 of apples, £50 of potatoes, and he's trying to take them thio the market to sell. Um, and so when you do that, there's a market price for Apple's that's determined by with an average, um and then same thing goes with the average sale for the pound of potatoes. And they're saying so let's go ahead and put in that information on here that the apples average is going to be a 2.2 for potatoes. Its average is going to be a 0.1. Okay, so we have to keep in mind that there are £100 of apples and £50 of potatoes were letting a be the price of apple pounds P is the price of potato pounds. And it does say here that it is going to be a 2 to transport all the apples and potatoes to the market, meaning he's using up gas money and all that stuff to bring that to the markets. That's gonna be a minus two. So we define the variables. That's A and P, and we're gonna use him to express his income. So we have to keep in mind. Okay, so he's gonna have an income. If he sells all of this stuff, that would be 100 times a plus 50 times p and then minus the 1000.5 plus 50 times its average mean is 2 it cost to bring their. So if we do that now, that ends up being 50 plus 15 minus two, which is equal to 20.62 when we round it. So then part D. The last thing is asking us, Do you need to make any assumptions in calculating the mean? And what about the standard deviation? So the answer for the mean assumptions is, uh, no, we don't have to make any assumptions there, but with standard deviation, you do have to make sure that it's independent. You have to assume independence. All right,