Explain and illustrate the following statement: “ A deficit on the balance on current account will impose severe constraints upon domestic economic policies”

Topic: Database Design - Entity Relationship Modeling (Please answer the below question in 250 words or more). Thank you!

If you have an entity with 100 different attributes, what would be some strategies to model this entity? Why/Why not would you want to use a single entity? What are some questions you would want to know about the individual attributes?

Slick Corporation is a small producer of synthetic motor oil. During May, the company produced 5,000 cases of lubricant. Each case contains 12 quarts of synthetic oil. To achieve this level of production, Slick purchased and used 16,500 gallons of direct materials at a cost of $20,924. It also incurred average direct labor costs of $14 per hour for the 4,239 hours worked in May by its production personnel. Manufacturing overhead for the month totaled $9,956, of which $2,200 was considered fixed. Slick's standard cost information for each case of synthetic motor oil is as follows.

Required:

c. Compute the manufacturing overhead spending and volume variances.

d. Prepare the journal entries to:

1. Charge materials (at standard) to Work in Process.

2. Charge direct labor (at standard) to Work in Process.

3. Charge manufacturing overhead (at standard) to Work in Process.

4. Transfer the cost of the 5,000 cases of synthetic motor oil produced in May to Finished Goods.

5. Close any over- or underapplied overhead to cost of goods sold.

Genuine Spice Inc. began operations on January 1 of the current year. The company produces 8-ounce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in 12-bottle cases for $100 per case. There is a selling commission of $20 per case. The January direct materials, direct labor, and factory overhead costs are as follows:

Part A—Break-Even Analysis

The management of Genuine Spice Inc. wishes to determine the number of cases required to break even per month. The utilities cost, which is part of factory overhead, is a mixed cost. The following information was gathered from the first six months of operation regarding this cost:

Part B—August Budgets

During July of the current year, the management of Genuine Spice Inc. asked the controller to prepare August manufacturing and income statement budgets. Demand was expected to be 1,500 cases at $100 per case for August. Inventory planning information is provided as follows:

Finished Goods Inventory:

Materials Inventory:

There was negligible work in process inventory assumed for either the beginning or end of the month; thus, none was assumed. In addition, there was no change in the cost per unit or estimated units per case operating data from January.

Part C—August Variance Analysis

During September of the current year, the controller was asked to perform variance analyses for August. The January operating data provided the standard prices, rates, times, and quantities per case. There were 1,500 actual cases produced during August, which was 250 more cases than planned at the beginning of the month. Actual data for August were as follows:

The prices of the materials were different than standard due to fluctuations in market prices. The standard quantity of materials used per case was an ideal standard. The Mixing Department used a higher grade labor classification during the month, thus causing the actual labor rate to exceed standard. The Filling Department used a lower grade labor classification during the month, thus causing the actual labor rate to be less than standard.

1. Determine the fixed and variable portions of the utility cost using the high-low method. Round your per unit cost to two decimal places.

2. Determine the contribution margin per case. Round your answer to two decimal places.  per case

3. Determine the fixed costs per month, including the utility fixed cost from part (1). Refer to the lists of Amount Descriptions for the exact wording of the answer choices for text entries.

4. Determine the break-even number of cases per month. cases

5. Prepare the August production budget. For those boxes in which you must enter subtractive or negative numbers use a minus sign.

electrons are ejected from a metallic surface with speeds ranging from 4.5 times ten to the -5 when light with a wavelength of 600 nm is used a) what is the work function of the surface? B) what is the cutoff frequency for the surface?

Negotiate 2 bank credits:

one for intermediate trade with the USA (Import of iPhones 7) and

second – for the construction of the iPhone plant in Kyiv.

Suggest your terms and conditions: (sum, currency, duration, interest rate, procedure of drawing and reimbursement, collateral – if any etc.)

1. An electron at a museum travels at 0.99998c down a 3.2km long tunnel find γ first

a. How long will the trip take according to a clock in the control room?

b. How long will the trip take according to the electron’s internal clock?

c. What is the trip distance according to the electron?

please answer all parts of the question and make writing legible thank you

A tiny ball (mass = 0.043 kg) carries a charge of -18.4

1. In 1979, the estimated elephant population was 1.3 million and in 2007 it was 640,000. By approximately what percentage did the elephant population decline over this time period? (Show your work.) How does this compare to the change in range over this same time period?

A 9.15-L container holds a mixture of two gases at 27 °C. The partial pressures of gas A and gas B, respectively, are 0.214 atm and 0.618 atm. If 0.210 mol of a third gas is added with no change in volume or temperature, what will the total pressure become?

Neil Corporation has three projects under consideration. The cash flows for each of them are shown in the following​ table:

The firm has a cost of capital of 16​%.

a.  Calculate each​ project's payback period.

Which project is preferred according to this​ method?

b.  Calculate each​ project's net present value ​(NPV).

Which project is preferred according to this​ method?

10. One of the major U.S. tire makers wishes to review its warranty for their rainmaker tire. The warranty is for 40,000 miles. The distribution of tire wear is normally distributed with a population standard deviation of 15,000 miles. The tire company believes that the tire actually lasts more than 40,000 miles. A sample of 49 tires revealed that the mean number of miles is 45,000 miles. If we test the hypothesis with a 0.05 significance level, what is the probability of a Type II error if the actual true tire mileage is 45,000 miles? Seleccione una: A. Type II error = 0.4524 B. Type II error = 0.2549 C. Type II error = 0.2451 D. Type II error = 0.4925

Susan Summers wants to buy a house for $320,000 in 5 years. She wants to put

20% down and apply for 30-year fixed mortgage to finance the rest. Mortgage

interest rate is 4%, annual property tax is 0. 9% of house value and homeowners

insurance is $100 per month. Assume expected rate of return on her savings is

2%. Expected inflation rate is 3%.

1. Calculate monthly mortgage payment.

2. Calculate housing expenses (front-end) ratio.

3. Calculate total debt-to-income (back-end) ratio.

4. Based on your calculation, can she afford the $320,000 house?

5. Calculate how much she needs to set aside every month to save enough

for down payment in 5 years.

6. Calculate how long it takes to save enough for down payments if she

saves $200 each month?

Can the number and type of defects be varied and controlled? How? Explain the exponential variation of the concentration of defects with temperature. Explain each term of the equation in terms of their physical significance

What is the Sweezy oligopoly market structure: a. Identify the optimal price and output to maximize profits.

b. Why is the price sticky?

c. Identify the cost of each firm?