ENV100Y5 Lecture : Lec 5

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rubyshark70

22 Nov 2011

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Related Questions

Please help with the below problem. I don't understand how to solve. Please show work and steps so I will understand.

Apply cluster analysis to the numerical data in the excel file credit approval decisions. Analyze the clusters and determine if cluster analysis would be a useful classification method for approving or rejecting loan application.

Modified Credit Approval Decisions

Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision

1 725 20 $11,320 25% 1

1 573 9 $7,200 70% 0

1 677 11 $20,000 55% 1

0 625 15 $12,800 65% 0

0 527 12 $5,700 75% 0

1 795 22 $9,000 12% 1

0 733 7 $35,200 20% 1

0 620 5 $22,800 62% 0

1 591 17 $16,500 50% 0

1 660 24 $9,200 35% 1

1 700 19 $22,000 18% 1

1 500 16 $12,500 83% 0

1 565 6 $7,700 70% 0

0 620 3 $37,400 87% 0

1 774 13 $6,100 7% 1

1 802 10 $10,500 5% 1

0 640 7 $17,300 59% 0

0 523 14 $27,000 79% 0

1 811 20 $13,400 3% 1

0 763 2 $11,200 70% 0

0 555 4 $2,500 100% 0

0 617 9 $8,400 34% 0

1 642 13 $16,000 25% 1

0 688 3 $3,300 11% 1

1 649 12 $7,500 5% 1

1 695 15 $20,300 22% 1

1 701 9 $11,700 15% 1

0 635 7 $29,100 85% 0

0 507 2 $2,000 100% 0

1 677 12 $7,600 9% 1

0 485 5 $1,000 80% 0

0 582 3 $8,500 65% 0

1 699 17 $12,800 27% 1

1 703 22 $10,000 20% 1

0 585 18 $31,000 78% 0

1 620 8 $16,200 55% 0

1 695 16 $9,700 11% 1

1 774 13 $6,100 7% 1

1 802 10 $10,500 5% 1

0 640 7 $17,300 59% 0

0 536 14 $27,000 79% 0

1 801 20 $13,400 3% 1

0 760 2 $11,200 70% 0

0 567 4 $2,200 95% 0

0 600 10 $12,050 81% 0

1 702 11 $11,700 15% 1

1 636 8 $29,100 85% 0

0 509 3 $2,000 100% 0

0 595 18 $29,000 78% 0

1 733 15 $13,000 24% 1

New Data to Classify

Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision

1 700 8 $21,000 15%

0 520 1 $4,000 90%

1 650 10 $8,500.00 25%

0 602 7 $16,300.00 70%

0 549 2 $2,500.00 90%

1 742 15 $16,700.00 18%

Adam is a part-time employee who earned $495.00 during the mostrecent pay period. He is married with two withholding allowances.Prior to this pay period, his year-to-date pay is $6,492.39. Howmuch should be withheld from Adam's gross pay for Social Securitytax for the most recent period, assuming no pre-tax deductions?

$40.02

$30.69

$37.92

$28.46

Julian is a part-time, nonexempt employee in Texas who earns$21.50 per hour. During the last biweekly pay period he worked 45hours. He is single with one withholding allowance (use thewage-bracket table). What is his net pay? (Donot roundinterim calculations,only round finalanswer to twodecimal points.)

Wage Bracket Method Tables for Income TaxWithholding SINGLE Persons-BIWEEKLY PayrollPeriod (For Wages Paid through December 31,2015)
And the wages are		And the number of withholding allowances claimedis-
Atleast	But less than	0	1	2	3	4	5	6	7	8	9	10
Atleast	But less than	The amount of income tax to be withheld is-
$800	$820	$90	$67	$44	$26	$11	$0	$0	$0	$0	$0	$0
820	840	93	70	47	28	13	0	0	0	0	0	0
840	860	96	73	50	30	15	0	0	0	0	0	0
860	880	99	76	53	32	17	1	0	0	0	0	0
880	900	102	79	56	34	19	3	0	0	0	0	0
900	920	105	82	59	36	21	5	0	0	0	0	0
920	940	108	85	62	39	23	7	0	0	0	0	0
940	960	111	88	65	42	25	9	0	0	0	0	0
960	980	114	91	68	45	27	11	0	0	0	0	0
980	1,000	117	94	71	48	29	13	0	0	0	0	0
1,000	1,020	120	97	74	51	31	15	0	0	0	0	0
1,020	1,040	123	100	77	54	33	17	2	0	0	0	0
1,040	1,060	126	103	80	57	35	19	4	0	0	0	0
1,060	1,080	129	106	83	60	37	21	6	0	0	0	0
1,080	1,100	132	109	86	63	40	23	8	0	0	0	0
1,100	1,120	135	112	89	66	43	25	10	0	0	0	0
1,120	1,140	138	115	92	69	46	27	12	0	0	0	0
1,140	1,160	141	118	95	72	49	29	14	0	0	0	0
1,160	1,180	144	121	98	75	52	31	16	0	0	0	0
1,180	1,200	147	124	101	78	55	33	18	2	0	0	0
1,200	1,220	150	127	104	81	58	35	20	4	0	0	0
1,220	1,240	153	130	107	84	61	38	22	6	0	0	0
1,240	1,260	156	133	110	87	64	41	24	8	0	0	0
1,260	1,280	159	136	113	90	67	44	26	10	0	0	0
1,280	1,300	162	139	116	93	70	47	28	12	0	0	0
1,300	1,320	165	142	119	96	73	50	30	14	0	0	0
1,320	1,340	168	145	122	99	76	53	32	16	1	0	0
1,340	1,360	171	148	125	102	79	56	34	18	3	0	0
1,360	1,380	174	151	128	105	82	59	36	20	5	0	0
1,380	1,400	177	154	131	108	85	62	39	22	7	0	0
1,400	1,420	180	157	134	111	88	65	42	24	9	0	0
1,420	1,440	183	160	137	114	91	68	45	26	11	0	0
1,440	1,460	186	163	140	117	94	71	48	28	13	0	0
1,460	1,480	189	166	143	120	97	74	51	30	15	0	0
1,480	1,500	192	169	146	123	100	77	54	32	17	2	0
1,500	1,520	195	172	149	126	103	80	57	34	19	4	0
1,520	1,540	199	175	152	129	106	83	60	37	21	6	0
1,540	1,560	204	178	155	132	109	86	63	40	23	8	0
1,560	1,580	209	181	158	135	112	89	66	43	25	10	0
1,580	1,600	214	184	161	138	115	92	69	46	27	12	0
1,600	1,620	219	187	164	141	118	95	72	49	29	14	0
1,620	1,640	224	190	167	144	121	98	75	52	31	16	0
1,640	1,660	229	193	170	147	124	101	78	55	33	18	2
1,660	1,680	234	196	173	150	127	104	81	58	35	20	4
1,680	1,700	239	200	176	153	130	107	84	61	38	22	6
1,700	1,720	244	205	179	156	133	110	87	64	41	24	8
1,720	1,740	249	210	182	159	136	113	90	67	44	26	10
1,740	1,760	254	215	185	162	139	116	93	70	47	28	12
1,760	1,780	259	220	188	165	142	119	96	73	50	30	14
1,780	1,800	264	225	191	168	145	122	99	76	53	32	16
1,800	1,820	269	230	194	171	148	125	102	79	56	34	18
1,820	1,840	274	235	197	174	151	128	105	82	59	36	20
1,840	1,860	279	240	202	177	154	131	108	85	62	39	22
1,860	1,880	284	245	207	180	157	134	111	88	65	42	24
1,880	1,900	289	250	212	183	160	137	114	91	68	45	26
1,900	1,920	294	255	217	186	163	140	117	94	71	48	28
1,920	1,940	299	260	222	189	166	143	120	97	74	51	30
1,940	1,960	304	265	227	192	169	146	123	100	77	54	32
1,960	1,980	309	270	232	195	172	149	126	103	80	57	34
1,980	2,000	314	275	237	198	175	152	129	106	83	60	37
2,000	2,020	319	280	242	203	178	155	132	109	86	63	40
2,020	2,040	324	285	247	208	181	158	135	112	89	66	43
2,040	2,060	329	290	252	213	184	161	138	115	92	69	46
2,060	2,080	334	295	257	218	187	164	141	118	95	72	49
2,080	2,100	339	300	262	223	190	167	144	121	98	75	52
$2,100 and over			Use Table 2(a) for a SINGLE person on page 45. Also see theinstructions on page 43.
Page 52			Publication 15 (2015)

$818.40

$797.18

$825.99

$802.49

byzantiumporcupine251

Foam Products, Inc., makes foam seat cushions for the automotiveand aerospace industries. The companyâs activity-based costingsystem has four activity cost pools, which are listed below alongwith their activity measures and activity rates:

Activity Cost Pool	ActivityMeasure	Activity Rate
Supporting direct labor	Numberof direct labor-hours		$5.55	perdirect labor-hour
Batch processing	Number ofbatches		$ 107.00	per batch
Order processing	Number oforders		$ 275.00	per order
Customer service	Number ofcustomers		$ 2,463.00	percustomer

The company just completed asingle order from Interstate Trucking for 1,000 custom seatcushions. The order was produced in two batches. Each seat cushionrequired 0.25 direct labor-hours. The selling price was $20 perunit, the direct materials cost was $8.50 per unit, and the directlabor cost was $6.00 per unit. This was Interstate Truckingâs onlyorder during the year.

Required:

Prepare a report showing the customer margin on sales toInterstate Trucking for the year. (Round your final answersto 2 decimal places.)

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