Patient: Lisa is a 70-year-old Caucasian post-menopausal (since age 50) female. She is currently sedentary, and has smoked for most of her adult life. Lisa has lost 1.25 inches in height, and has upper-back and hip pain. Her physician just recently diagnosed her with osteoporosis. She has chosen not to use estrogen replacement therapy, but she has overheard her friends talking about some new “bone drugs” that have been prescribed to them. Lisa has been cleared by her physician to begin an exercise program.
1. Why has Lisa lost height?
Subjective (S): “I had a bad fall in my home last month when climbing up my basement steps. I’m worried about falling again, and I am having trouble going up and down the steps in my house. I want to become more active, and accomplish my daily tasks around the home with greater ease. Some of my friends have been jogging around the neighborhood in the evenings, and I want to join them since I know exercise is beneficial to my health. My physician is confident that you can develop an exercise program for me that will help slow my bone loss, and improve my overall quality of life. Also, could you please inform me about which “bone drugs” I should be taking?”
2. Should Lisa go jogging with her friends in the evenings? Please explain your answer.
3. What “bone drugs” might you talk to Lisa about? Name a few of these drugs, and describe their primary effects. Remember your scope of practice: You can educate Lisa about the various “bone drugs” that are available. However, all questions regarding whether or not they are right for her to take should be directed to her physician.
In: Nursing
Look Out Below: A Case Study on Bone Tissue Structure and Repair An elderly patient arrived at the emergency room unconscious after an accident in which a heavy overhead shelf struck her arm. Upon auscultation, a large open wound on her arm was evident with what appears to be bone tissue sticking out of the skin. She also has bruises covering her left shoulder, left wrist, and lower back. To determine the extent of her injuries the patient undergoes several x-rays, which reveal the following:
1) fracture of the left humerus at the proximal diaphysis,
2) depressed fracture of the occipital bone,
3) fracture of the 3rd lumbar vertebral body. Answer the Following (short answer) \
1. Define the following terms, used in the case and also in associated questions: a. Comminuted fracture b. Epiphyseal plate c. Bony callous d. Paget’s Disease
2. What is the difference between the Calcification zone and the Ossification zone found.
3. What type of bone tissue makes up the majority of the vertebral body? Describe the structure and function of this type of bone.
4. Describe the layers of compact bone.
5. Most connective tissue, including bone, is highly vascular. Which anatomical structures in the patient’s compact bone house blood vessels?
6. What term is used to describe the addition of new bone tissue? Identify which bone cell is responsible for this process and explain how it occurs.
7. What makes up the organic and inorganic portions of the bone’s extracellular matrix (ECM)? 8. Describe the structure of an osteon.
Discussion:
Further diagnostic tests on the patient revealed a lack of estrogen and calcium. Elaborate on how these factors may have made the injury worse. In normal conditions, what would be the response to falling calcium levels? Post your response and respond to two of your classmates using at least 3-5 sentences to receive full credit (10 points).
In: Anatomy and Physiology
1. Blue Company specializes in manufacturing a unique model of
bicycle helmet. The model is well accepted by consumers, and the
company has enough orders to keep the factory production at 10,000
helmets per month (80% of its full capacity). Blue’s monthly
manufacturing cost and other expense data are as follows.
|
Rent on factory equipment |
$12,000 | |
|---|---|---|
|
Insurance on factory building |
1,650 | |
|
Raw materials used (plastics, polystyrene, etc.) |
84,900 | |
|
Utility costs for factory |
930 | |
|
Supplies for general office |
350 | |
|
Wages for assembly-line workers |
58,300 | |
|
Depreciation on office equipment |
840 | |
|
Miscellaneous materials (glue, thread, etc.) |
1,230 | |
|
Factory manager’s salary |
5,800 | |
|
Property taxes on factory building |
430 | |
|
Advertising for helmets |
14,400 | |
|
Sales commissions |
10,120 | |
|
Depreciation on factory building |
1,660 |
(a) Prepare an answer sheet with the following column
headings.
Enter each cost item on your answer sheet, placing the dollar
amount under the appropriate headings. Total the dollar amounts in
each of the columns.
(b) Compute the cost to produce one helmet. (Round answer to 2 decimal places, e.g. 15.25.)
| Production cost per helmet | $enter production cost per helmet rounded to 2 decimal places |
2. Sheffield Corporation has the following cost records for June
2022.
|
Indirect factory labor |
$5,200 |
Factory utilities |
$460 | |||
|---|---|---|---|---|---|---|
|
Direct materials used |
22,400 |
Depreciation, factory equipment |
1,580 | |||
|
Work in process, 6/1/22 |
3,360 |
Direct labor |
44,800 | |||
|
Work in process, 6/30/22 |
4,280 |
Maintenance, factory equipment |
2,040 | |||
|
Finished goods, 6/1/22 |
5,600 |
Indirect materials |
2,600 | |||
|
Finished goods, 6/30/22 |
8,400 |
Factory manager’s salary |
3,360 |
Prepare an income statement through gross profit for June 2022 assuming sales revenue is $102,500.
|
SHEFFIELD CORPORATION |
||||
|---|---|---|---|---|
|
select an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory Inventory, June 1Finished Goods Inventory Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
$enter a dollar amount |
|||
|
select an opening section name Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory, June 1Finished Goods Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
||||
|
select an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory, June 1Finished Goods Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
$enter a dollar amount |
|||
|
select an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory, June 1Finished Goods Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
enter a dollar amount | |||
|
select a closing subsection name Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory, June 1Finished Goods Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
enter a total amount for this subsection |
|||
|
select between addition and deduction LessAdd: select an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory, June 1Finished Goods Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
enter a dollar amount | |||
|
select a closing section name Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory, June 1Finished Goods Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
enter a total amount for this section | |||
|
select a closing name for this statement Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods Inventory, June 1Finished Goods Inventory, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Manager’s SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 |
$enter a total amount for this statement |
|||
In: Accounting
Of Sharpe's sales,
30
percent is for cash, another
40
percent is collected in the month following the sales, and
30
percent is collected in the second month following sales. November and December sales for 2018 were
$250,000
and
$205,000,
respectively.Sharpe purchases its raw materials 2 months in advance of its sales. The purchases are equal to
60
percent of the final sales price of Sharpe's products. The supplier is paid 1 month after it makes a delivery. For example, purchases for April sales are made in February, and payment is made in March.In addition, Sharpe pays
$8,000
per month for rent and
$15,000
each month for other expenditures. Tax prepayments of
$20,000
are made each quarter, beginning in March. The company's cash balance on December 31, 2018, was
$24,000.
This is the minimum balance the firm wants to maintain. Any borrowing that is needed to maintain this minimum is paid off in the subsequent month if there is sufficient cash. Interest on short-term loans (12 percent) is paid monthly. Borrowing to meet estimated monthly cash needs takes place at the beginning of the month. Thus, if in the month of April the firm expects to have a need for an additional $60,500, these funds would be borrowed at the beginning of April with interest of $605
(0.12×1/12×$60,500)
owed for April and paid at the beginning of May.
a. Prepare a cash budget for Sharpe covering the first 7 months of 2019.
b. Sharpe has $200,000 in notes payable due in July that must be repaid or renegotiated for an extension. Will the firm have ample cash to repay the notes?
a. Prepare a cash budget for Sharpe covering the first 7 months of 2019.
Fill in the Collections for the month of January: (Round to the nearest dollar.)
|
Nov |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
June |
July |
|
|
Sales |
$250,000 |
$205,000 |
$220,000 |
$150,000 |
$165,000 |
$270,000 |
$330,000 |
$300,000 |
$255,000 |
|
Collections: |
|||||||||
| Month of sale
(30%) |
nothing |
||||||||
| First month
(40%) |
nothing |
||||||||
| Second month
(30%) |
nothing |
||||||||
|
Total Collections |
$nothing |
In: Finance
Barretta Ltd is a manufacturer of racing powerboats. It has
designed a new racing boat called the Powerline 3 and expects to
produce it in a continuous operation over an 18 month period.
During this period, it is expected that a total of sixteen
Powerline 3’s will be produced and sold. The production of the boat
is a labour intensive operation and units are produced one after
another.
The costs of producing the first boat are as follows: Skilled
Labour – 1,200 hours at a rate of £40 per hour Unskilled Labour –
1,800 hours at a rate of £30 per hour Materials – £75,000 Overheads
– £30 per labour hour worked (total of Skilled and Unskilled)
It is known that in producing any product, Skilled Labour usage
experiences an 80% learning curve effect and Unskilled Labour usage
experiences a 90% learning curve effect.
Baretta Ltd has decided to set the selling price per unit of the
Powerline 3 by using the full cost plus method of pricing, with a
profit mark up of 30%
Required: (a) Calculate the minimum selling price of
(i) the first unit of the Powerline 3. (ii) the second unit of the Powerline 3 (iii) the first 16 units of the Powerline 3 if ordered together
(b) Identify the method of setting the selling price that Champions
Ltd has chosen. Explain how the learning curve model will affect
the calculations for that selling price.
(c) Barretta Ltd Ltd also produce a further powerboat Ripper, which
has been in production for a number of years, and to date 492 units
of Ripper have been produced. The budget for the next quarter is
showing the production of 75 units of Ripper. If the 1st ever unit
took 900 hours and an 80% learning curve applies, calculate.
(i) the total labours hours needed for the production of the 75
units of Ripper.
(ii) the average labour time per unit
(iii) explain where this information may be used by Barretta Ltd
Ltd
Note: the learning co-efficient of 80% is -0.322
In: Accounting
|
Westin Watercraft’s predetermined overhead rate for year 2011 is 200% of direct labor. Information on the company’s production activities during May 2011 follows. |
| a. | Purchased raw materials on credit, $260,000. |
| b. | Paid $129,800 cash for factory wages. |
| c. | Paid $15,750 cash to a computer consultant to reprogram factory equipment. |
| d. | Materials requisitions record use of the following materials for the month. |
| Job 136 | $ | 49,000 | |
| Job 137 | 33,500 | ||
| Job 138 | 20,000 | ||
| Job 139 | 23,000 | ||
| Job 140 | 7,000 | ||
| Total direct materials | 132,500 | ||
| Indirect materials | 20,000 | ||
| Total materials used | $ | 152,500 | |
| e. | Time tickets record use of the following labor for the month. |
| Job 136 | $ | 12,100 | |
| Job 137 | 10,800 | ||
| Job 138 | 37,700 | ||
| Job 139 | 39,200 | ||
| Job 140 | 3,000 | ||
| Total direct labor | 102,800 | ||
| Indirect labor | 27,000 | ||
| Total | $ | 129,800 | |
| f. | Applied overhead to Jobs 136, 138, and 139. |
| g. | Transferred Jobs 136, 138, and 139 to Finished Goods. |
| h. | Sold Jobs 136 and 138 on credit at a total price of $530,000. |
| i. |
The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance). |
| Depreciation of factory building | $ | 69,500 | |
| Depreciation of factory equipment | 37,500 | ||
| Expired factory insurance | 11,000 | ||
| Accrued property tax payable | 35,500 | ||
| j. |
Applied overhead at month-end to the Goods in Process (Jobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost. |
25.
Required information
| Required: | |
| 1. |
Prepare a job cost sheet for each job worked on during the month. (Omit the "$" sign in your response.) |
| Job No. 136 | Job No. 137 | Job No. 138 | Job No. 139 | Job No. 140 | |
| Materials | $ | $ | $ | $ | $ |
| Labor | |||||
| Overhead | |||||
| Total cost | $ | $ | $ | $ | $ |
26.
Required information
| 2. |
Prepare journal entries to record the events and transactions a through j. (Omit the "$" sign in your response. ) |
| General Journal | Debit | Credit | |
| a. | (Click to select)Factory payrollFinished goods inventoryAccounts payableRaw materials inventoryFactory overheadAccounts receivableCost of goods soldCash | ||
| (Click to select)Cost of goods soldCashFactory overheadFactory payrollRaw materials inventoryAccounts payableAccounts receivableFinished goods inventory | |||
| b. | (Click to select)Accounts receivableAccounts payableCashGoods in process inventoryFactory payrollFinished goods inventoryFactory overheadSales | ||
| (Click to select)Finished goods inventoryCashGoods in process inventoryFactory payrollSalesAccounts receivableAccounts payableFactory overhead | |||
| c. | (Click to select)Prepaid insuranceProperty taxes payableGoods in process inventoryRaw materials inventoryFactory payrollFactory overheadAccounts receivableCash | ||
| (Click to select)CashProperty taxes payableAccounts receivablePrepaid insuranceFactory payrollGoods in process inventoryFactory overheadRaw materials inventory | |||
| d. | (Click to select)Property taxes payableRaw materials inventoryFactory payrollAccounts payableCashFactory overheadGoods in process inventoryCost of goods sold | ||
| (Click to select)Factory payrollFactory overheadProperty taxes payableRaw materials inventoryGoods in process inventoryCashCost of goods soldAccounts payable | |||
| (Click to select)Property taxes payableRaw materials inventoryFactory payrollGoods in process inventoryAccounts payableCashCost of goods soldFactory overhead | |||
| e. | (Click to select)Factory overheadRaw materials inventoryGoods in process inventoryCost of goods soldProperty taxes payablePrepaid insuranceFactory payrollFinished goods inventory | ||
| (Click to select)Factory payrollFinished goods inventoryCost of goods soldRaw materials inventoryProperty taxes payableFactory overheadPrepaid insuranceGoods in process inventory | |||
| (Click to select)Finished goods inventoryFactory payrollGoods in process inventoryFactory overheadProperty taxes payablePrepaid insuranceCost of goods soldRaw materials inventory | |||
| f. | (Click to select)Cost of goods soldGoods in process inventoryFactory payrollFinished goods inventoryFactory overheadPrepaid insuranceSalesRaw materials inventory | ||
| (Click to select)Prepaid insuranceGoods in process inventoryFinished goods inventoryFactory payrollRaw materials inventorySalesCost of goods soldFactory overhead | |||
| g. | (Click to select)Property taxes payableFactory payrollFactory overheadGoods in process inventoryCost of goods soldAccounts receivablePrepaid insuranceFinished goods inventory | ||
| (Click to select)Prepaid insuranceFactory PayrollFinished goods inventoryProperty taxes payableFactory overheadCost of goods soldGoods in process inventoryAccounts receivable | |||
| h. | (Click to select)Prepaid insuranceGoods in process inventorySalesFinished goods inventoryFactory overheadFactory payrollAccounts receivableCost of goods sold | ||
| (Click to select)Factory payrollFactory overheadGoods in process inventoryCost of goods soldSalesFinished goods inventoryAccounts receivablePrepaid insurance | |||
| (Click to select)Raw materials inventoryFactory overheadCost of goods soldSalesCashFinished goods inventoryAccounts receivableFactory payroll | |||
| (Click to select)SalesCashRaw materials inventoryFactory payrollAccounts receivableFactory overheadFinished goods inventoryCost of goods sold | |||
| i. | (Click to select)Property taxes payablePrepaid insuranceAccum. depreciation-factory buildingSalesAccum. Depreciation-factory equipmentFactory overheadGoods in process inventoryCost of goods sold | ||
| (Click to select)Accum. depreciation-factory buildingAccum. depreciation-factory equipmentGoods in process inventoryFactory overheadProperty taxes payablePrepaid insuranceSalesCost of goods sold | |||
| (Click to select)Factory overheadAccum. depreciation-factory equipmentPrepaid insuranceAccum. depreciation-factory buildingProperty taxes payableGoods in process inventoryCost of goods soldSales | |||
| (Click to select)Accum. depreciation-factory buildingPrepaid insuranceProperty taxes payableCost of goods soldGoods in process inventorySalesFactory overheadAccum. depreciation-factory equipment | |||
| (Click to select)Prepaid insuranceAccum. depreciation-factory buildingProperty taxes payableGoods in process inventorySalesFactory overheadCost of goods soldAccum. depreciation-factory equipment | |||
| j. | (Click to select)Accounts receivableSalesGoods in process inventoryCashFinished goods inventoryFactory overheadFactory payrollRaw materials inventory | ||
| (Click to select)CashRaw materials inventoryFinished goods inventoryGoods in process inventoryAccounts receivableSalesFactory payrollFactory overhead | |||
27.
Required information
| 4. |
Prepare a report showing the total cost of each job in process and prove that the sum of their costs equals the Goods in Process Inventory account balance. Prepare similar reports for Finished Goods Inventory and Cost of Goods Sold. (Omit the "$" sign in your response.) |
| Reports of Job Costs | |
| Goods in Process Inventory | |
| (Click to select)Job 138Job 137Job 136Job 139 | $ |
| (Click to select)Job 140Job 138Job 139Job 136Job 137 | |
| Balance | $ |
| Finished Goods Inventory | |
| (Click to select)Job 140Job 139Job 137Job 138Job 136 | $ |
| Balance | $ |
| Cost of Goods Sold | |
| (Click to select)Job 136Job 140Job 137Job 139 | $ |
| (Click to select)Job 136Job 139Job 137Job 140Job 138 | |
| Balance | $ |
In: Accounting
Consider the following long-run model: Real GDP (Y) = 2,000; Consumption (C) = 300 + 0.6 (Y-T); Investment (I) = 500 -30r where r is the real interest rate; Taxes (T) = 450; Government spending (G) = 400. i. Compute consumption, private savings, public savings, national savings, investment and the real interest rate.
In: Economics
In: Accounting
You know that Y = C+I+G+(X-M)
An example of an increase in G that was used by the U.S. Federal
Government to fix the 2008 Great Recession is
Select one:
a. Increase in unemployment insurance benefits
b. Increase in interest payments on govt debt
c. Increase in social security benefits
d. Increase in spending on “shovel ready projects” by President Obama
In: Economics
Which of the following is correct? a. An increase in the money supply causes the interest rate to decrease so that aggregate demand shifts right. b. An increase in stock prices reduces consumption spending so that aggregate demand shifts left c. A recession in other countries reduces U.S. net exports so that U.S. aggregate demand shifts left. d. All of the above are correct.
In: Economics