During the first month of operations ended May 31, Big Sky Creations Company produced 55,500 designer...

During the first month of operations ended May 31, Big Sky Creations Company produced 55,500 designer cowboy boots, of which 51,350 were sold. Operating data for the month are summarized as follows:

1

Sales

$924,300.00

2

Manufacturing costs:

3

Direct materials

$416,250.00

4

Direct labor

111,000.00

5

Variable manufacturing cost

55,500.00

6

Fixed manufacturing cost

55,500.00

638,250.00

7

Selling and administrative expenses:

8

Variable

$30,810.00

9

Fixed

25,675.00

56,485.00

During June, Big Sky Creations produced 47,200 designer cowboy boots and sold 51,350 cowboy boots. Operating data for June are summarized as follows:

1

Sales

$924,300.00

2

Manufacturing costs:

3

Direct materials

$354,000.00

4

Direct labor

94,400.00

5

Variable manufacturing cost

47,200.00

6

Fixed manufacturing cost

55,500.00

551,100.00

7

Selling and administrative expenses:

8

Variable

$30,810.00

9

Fixed

25,675.00

56,485.00

Required:
1. Using the absorption costing concept, prepare income statements for (a) May and (b) June.*
2. Using the variable costing concept, prepare income statements for (a) May and (b) June.*
3a. Explain the reason for the differences in operating income in (1) and (2) for May.
3b. Explain the reason for the differences in operating income in (1) and (2) for June.
4. Based on your answers to (1) and (2), did Big Sky Creations Company operate more profitably in May or in June? Explain.
* Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon (:) will automatically appear if it is required. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative.

In: Accounting

Write a program that input two integer number and display results by performing the (+, -,...

Write a program that input two integer number and display results by performing the (+, -, ∗ , /) operations. It should check that divisor is not equal to zero? Secondly if user apply any operator other than that (+, -, ∗ , /) print error message? using if else (in C++)

In: Computer Science

46. At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units...

46. At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to materials, and 20% complete as to conversion. The cost of the beginning inventory, $28,650, consisted of $22,400 of material costs and $6,250 of conversion costs. During the month the department started 115,000 units and transferred 120,000 units to the next manufacturing department. Costs added in the current month consisted of $229,600 of materials costs and $540,500 of conversion costs. At the end of the month, the department had 15,000 units in inventory, 40% complete as to materials and 10% complete as to conversion. If Skye Manufacturing uses the weighted average method of process costing, compute the costs per equivalent unit of materials and conversion respectively for the Painting Department.

A. $2.00; $4.50.

B. $1.82; $4.45.

C. $2.05; $4.60.

D. $2.05; $4.45.

E. $2.25; $4.65.

In: Accounting

Consider how each of the situations described below would affect the experimental value determined for the...

Consider how each of the situations described below would affect the experimental value determined for the molecular weight of an unknown solid acid. explain why the experimental molecular weight would be too large, too small, or unaffected because of the situation described.

A) During the titration the student use deionized water to rinse a drop of NaOH into their flask.

b) after standardizing the NaOH the student allows the container of NaOH to stand open in the air. this allows carbon dioxide from the air to react with the water in the solution to make a small amount of carbonic acid.

C) before beginning the titration of the unknown solid acid, the student incorrectly records the initial buret reading as 50.00 ml instead of 0.00ml . He correctly records the final buret reading as 32.81 ml. He then calculates the volume of NaOH used as 50.00 ml -- 32.81ml.

In: Chemistry

A 110.0 −mL sample of a solution that is 3.0×10−3 M in AgNO3 is mixed with...

A 110.0 −mL sample of a solution that is 3.0×10−3 M in AgNO3 is mixed with a 220.0 −mL sample of a solution that is 0.14 M in NaCN. After the solution reaches equilibrium, what concentration of Ag+(aq) remains?

In: Chemistry

A water stream at a mass flow rate of 0.3 kg/s and temperature of 70°C flows...

A water stream at a mass flow rate of 0.3 kg/s and temperature of 70°C flows through an aluminum horizontal pipe with an inner diameter of 0.025 m, wall thickness of 3 mm and length of 2 m. The ambient air is at 25 °C and the outlet temperature of water is 65 °C. Assume steady-state conditions are reached and temperature of air is constant.

Given data: Re= 4?̇/µ??,

NuD= 1.86 ( Re*Pr / (L/D) ) 1/3 ; Re < 2300

NuD=0.023*Re4/5Pr0.3 ; Re >10 000

hair = 12 W/m2K

kAl = 237 W/mK

kwater = 0.66 W/mK

Cp,water= 4190 J/kg K

µwater= 0.4125.10-3 kg/ms

a) Determine the rate limiting step for this system by comparing the thermal resistances.

b) Calculate the change in the total resistance when one of the resistances is halved while the others are held constant? Repeat your calculation for each resistance.

In: Other

PLEASE ANSWER EACH QUESTION 1 thru 4 Question 1. In a market with perfectly competitive firms,...

PLEASE ANSWER EACH QUESTION 1 thru 4

Question 1.

In a market with perfectly competitive firms, the market demand curve is and the demand curve facing each individual firm is?

Select one:

a. downward sloping; horizontal

b. upward sloping; horizontal

c. horizontal; upward sloping

d. horizontal; downward sloping

e. horizontal; horizontal

Question 2.

Pure monopoly is defined as?

Select one:

a. an industry consisting of a single seller.

b. a market in which many rival firms compete for sales.

c. a market structure consisting of a single buyer.

d. a market structure that involves many substitute products.

Tom is the monopoly provider of a town's TV cable service, whose current subscription price is $20.00 per month. In order to attract one more subscriber, he has to lower his price to $19.95. What is true of Tom's marginal revenue from that additional subscriber?

Question 3

Select one:

a. Tom's marginal revenue is between $19.95 and $20.00.

b. Tom's marginal revenue is greater than $19.95.

c. Tom's marginal revenue equals $19.95.

d. Tom's marginal revenue is less than $19.95.

Question 4.

Which market structure has the largest number of firms?

Select one:

a. monopolistic competition

b. monopoly

c. oligopoly

d. perfect competition

In: Economics

Write a C++ program to calculate and print the product of odd integers and even integers...

Write a C++ program to calculate and print the product of odd integers and even integers of the first ‘n’ natural numbers .

In: Computer Science

3.         Explain why average total cost and average variable cost tend to get closer as output...

3.         Explain why average total cost and average variable cost tend to get closer as output increases. Will the curves ever meet? Why or why not?

In: Economics

Make a paragraph describing the changing roles of women following the American Revolution

Make a paragraph describing the changing roles of women following the American Revolution

In: Economics

The world human population in the twentieth century has been increasing exponentially. Speculate on the logical...

The world human population in the twentieth century has been increasing exponentially. Speculate on the logical outcome if this rate of growth continues. How could this growth rate be reduced? What ethical issues could be associated with implementation of any “human management” practices?

In: Biology

Describe the prevalence of alcohol consumption, binge drinking, and alcohol-related problems among college students.

  1. Describe the prevalence of alcohol consumption, binge drinking, and alcohol-related problems among college students.

In: Psychology

Part  2: Approximating the Value of Pi Mathematical constant pi it most often to find the circumference...

Part  2: Approximating the Value of Pi

Mathematical constant pi it most often to find the circumference or the area of a circle. For simplicity, the value that is commonly used for pi is 3.14. However, pi is actually an irrational number, meaning that that it has an infinite, nonrepeating number of decimal digits. The value is

3.1415926535897932384626433832795028841971693993751058209749445923078164062…

In this lab, we will approximate the value of pi using a technique known as Monte Carlo Simulation. This means that we will use random numbers to simulate a “game of chance”. The result of this game will be an approximation for pi.

Setup

The game that we will use for this simulation is “darts”. We will “randomly” throw a number of darts at a specially configured dartboard. The set up for our board is shown below. In the figure, you can see that we have a round dartboard mounted on a square piece of wood. The dartboard has a radius of one unit. The piece of wood is exactly two units square so that the round board fits perfectly inside the square.

But how will this help us to approximate pi? Consider the area of the circular dartboard. It has a radius of one so its area is pi. The area of the square piece of wood is 4 (2 x 2). The ratio of the area of the circle to the area of the square is pi/4. If we throw a whole bunch of darts and let them randomly land on the square piece of wood, some will also land on the dartboard. The number of darts that land on the dartboard, divided by the number that we throw total, will be in the ratio described above (pi/4). Multiply by 4 and we have pi.

Throwing Darts

Now that we have our dartboard setup, we can throw darts. We will assume that we are good enough at throwing darts that we always hit the wood. However, sometimes the darts will hit the dartboard and sometimes they will miss.

In order to simulate throwing the darts, we can generate two random numbers between zero and one. The first will be the “x coordinate” of the dart and the second will be the “y coordinate”. However, we have a problem. The coordinates for the dartboard go from -1 to 1.

How can we turn a random number between 0 to 1 into a random number between -1 and 1? We know that random.random() will return a number between 0 and 1. We may obtain a number between -1 and 1by calculating random.random() *2 -1.

Activity 4: The program has been started for you. You need to fill in the part that will “throw the dart”. Once you know the x,y coordinate, have the turtle move to that location and make a dot. by using the dot() function of turtle. Note that the tail is already up so it will not leave a line.

import turtle

import math

import random

wn = turtle.Screen()

wn.setworldcoordinates(-1,-1,1,1)

fred = turtle.Turtle()

fred.up()

numdarts = 50

for i in range(numdarts):

randx = random.random()

randy = random.random()

x =

y =

wn.exitonclick()

Counting Darts

We already know the total number of darts being thrown. The variable numdarts keeps this for us. What we need to figure out is how many darts land in the circle? Since the circle is centered at (0,0) and it has a radius of 1, the question is really simply a matter of checking to see whether the dart has landed within 1 unit of the center. Luckily, there is a turtle method called distance that will return the distance from the turtle to any other position. It needs the x,y for the other position.

For example, fred.distance(0,0) would return the distance from fred’s current position to position (0,0), the center of the circle.

Now we simply need to use this method in a conditional to ask whether fred is within 1 unit from the center. If so, color the dart red, otherwise, color it blue. Also, if we find that it is in the circle, count it. Create an accumulator variable, call it insideCount, initialize it to zero, and then increment it when necessary. Remember that the increment is a form of the accumulator pattern using reassignment.

The Value of Pi

After the loop has completed and visualization has been drawn, we still need to actually compute pi and print it. Use the relationship insideCount/numdarts *4, why?

Run your program with larger values of numdarts to see if the approximation gets better. If you want to speed things up for large values of numdarts, like 1000, set the tracer to be 100 using wn.tracer(100).

NB: The language is Python.

In: Computer Science

We are expanding as a clothing sport company with stylish outfits and high quality to Australia...

We are expanding as a clothing sport company with stylish outfits and high quality to Australia . What would be the best to do?What is overall assessment and entry strategic plan for your company? Does your company’s mission statement and objective aligned with this business decision? What will be your corporate- and business-level strategies? Will your company have centralized or decentralized organizational structure? Which of the two types of international strategy will your company follow? Will your company make use of work teams?

This is a strategic management of an entry into new markets and classified as an Ops mgmt problem? Yes

In: Operations Management

A 0.50-?F and a 1.4-?F capacitor (C1 and C2, respectively) are connected in series to a...

A 0.50-?F and a 1.4-?F capacitor (C1 and C2, respectively) are connected in series to a 18-V battery.

Calculate the potential difference across each capacitor.

Calculate the charge on each capasitor.

Calculate the potential difference across each capacitor assuming the two capacitors are in parallel

Calculate the charge on each capasitor assuming the two capacitors are in parallel.

In: Physics