Given the following information, calculate the estimated costs for a wedding with 250 guests and a bridal party of six, using each of the methods indicated below. A) If you had calculated Parametric estimate and Analogous cost estimate, would there have been some differences in the estimated values? Would these differences be significant? What might cause the differences? If you were estimating a significant project in the future, which method(s) would you use and why?
B) Your mother points out you should probably have valet parking, which will cost $500. Which estimate(s) will change?
WeddingCostEstimates:
Groom’sbrother’swedding, last year,175guests, similar venue and style = $20,300
Catering = $65 per person
Photographer = $1,500
Rental of hall = $500
Clothing, bride = $2,000
Clothing, groom = $750
Flowers = $800
Other décor items = $500
Cake = $500
Gifts for bridal party = $80 each
Wedding planner = $2,000
Wedding planner’s estimate of typical cost for this kind of wedding =$10,000 plus $75 per guest

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

For each example identify the most appropriate ctso

Presented below is a list of possible transactions. analyze the effect of the 18 transactions on the financial statement categories indicated. transactions assets liabilities owners’ equity net income 1. purchased inventory for $80,000 on account (assume perpetual system is used). 2. issued an $80,000 note payable in payment on account (see item 1 above). 3. recorded accrued interest on the note from item 2 above. 4. borrowed $100,000 from the bank by signing a 6-month, $112,000, zero-interest-bearing note. 5. recognized 4 months’ interest expense on the note from item 4 above. 6. recorded cash sales of $75,260, which includes 6% sales tax. 7. recorded wage expense of $35,000. the cash paid was $25,000; the difference was due to various amounts withheld. 8. recorded employer’s payroll taxes. 9. accrued accumulated vacation pay. 10. recorded an asset retirement obligation. 11. recorded bonuses due to employees. 12. recorded a contingent loss on a lawsuit that the company will probably lose. 13. accrued warranty expense (assume expense warranty approach). 14. paid warranty costs that were accrued in item 13 above. 15. recorded sales of product and related service-type warranties. 16. paid warranty costs under contracts from item 15 above. 17. recognized warranty revenue (see item 15 above). 18. recorded estimated liability for premium claims outstanding.