Ta partial credit in the previous attempt Check 5-16 Industry standards suggest that 12% of new vehicles require warranty service within the first year. Jones Nissan, sold 10 Nissans yesterday. (Round the Mean answer to 2 decimal places and the other answers to 4 decimal places.) a. What is the probability that none of these vehicles requires warranty service? Probability 0.28 b. What is the probability that exactly one of these vehicles requires warranty service? Probability 0.384 c. Determine the probability that exactly two of these vehicles require warranty service. Probability 0.23 d. What is the probability that less than three of these vehicles require warranty service? Probability to search O G Question 1 Prepare a flex budget based on selling 4,800 units at a Selling Price of $50/unit. The Static Budget and actual amounts for the period are below: 4,800 units 5,000 Units 4.800 Units Actual Budget Flex Budget Sales $240,000 $250,000 Direct Materials-variable $21.60/unit $106,656 $108,000 Direct Labour-variable $4.32/unit $21,840 $21,600 Total Variable Costs $128.500 $129.600 Contribution Margin $111,500 $120,400 Fixed Expenses $51,000 $50,000 Net Income $60.500 $70,400 DS Paragraph BIU Next Page Page 1 of 19 o G ASUS VivoBook Ta partial credit in the previous attempt Check 5-16 Industry standards suggest that 12% of new vehicles require warranty service within the first year. Jones Nissan, sold 10 Nissans yesterday. (Round the Mean answer to 2 decimal places and the other answers to 4 decimal places.) a. What is the probability that none of these vehicles requires warranty service? Probability 0.28 b. What is the probability that exactly one of these vehicles requires warranty service? Probability 0.384 c. Determine the probability that exactly two of these vehicles require warranty service. Probability 0.23 d. What is the probability that less than three of these vehicles require warranty service? Probability to search O G Question 1 Prepare a flex budget based on selling 4,800 units at a Selling Price of $50/unit. The Static Budget and actual amounts for the period are below: 4,800 units 5,000 Units 4.800 Units Actual Budget Flex Budget Sales $240,000 $250,000 Direct Materials-variable $21.60/unit $106,656 $108,000 Direct Labour-variable $4.32/unit $21,840 $21,600 Total Variable Costs $128.500 $129.600 Contribution Margin $111,500 $120,400 Fixed Expenses $51,000 $50,000 Net Income $60.500 $70,400 DS Paragraph BIU Next Page Page 1 of 19 o G ASUS VivoBook