Questions
RicherNYou is a small automobile manufacturer specializes in custom-built automobiles. As a rule, the manufacturer buys...

RicherNYou is a small automobile manufacturer specializes in custom-built automobiles. As a rule, the manufacturer buys the engines from Hoity-Toity Motors, where they are built to stringent specifications. A lot of 40 engines has just been received by the manufacturer, whose acceptance plan is to select eight engines at random and submit them to thorough testing. If none of the engines are found to have serious defects, RicherNYou will accept the lot; otherwise, the lot will be rejected. If the lot contains two engines with serious defects, what is the probability that the lot will be accepted under this acceptance plan?

In: Statistics and Probability

Write a function in JAVASCRIPT that accepts two arguments (a string array and a character). The...

Write a function in JAVASCRIPT that accepts two arguments (a string array and a character). The function will check each character of the strings in the array and removes the character, regardless of case. If the first letter of the string is removed the next letter must be capitalized. Your function would return the result as one string, where each element of array is separated by comma. E.G. function([“John”,”Hannah”,”Saham”], “h”); // returns ‘Jon,Anna,Saam

Use of any built in string function or any built in array function is not alllowed,

any help would be much appreciated.

In: Computer Science

Built in Data In R: This Question uses "cystfibr" data found in "ISwR" package. to access...

Built in Data In R:

This Question uses "cystfibr" data found in "ISwR" package. to access this data you need to first install "ISwR" package. then load the library. Type data() to check which built in data are in the package "ISwR". This should show all the available built in data as: We use nickel data for this part. Type >cystfibr to see the data, and then answer the following questions using the data: (a) type ?cystfibr this will open up a help file explaining about the 'cystfibr' data. What is cystfibr data about? (b) How many Males and how many Females are in the study? (c). Construct a bar diagram of the male and female. Change color to Red. {hint: barplot(table(sex))} (d.) Calculate the average height of the participants (e). Calculate the variance of the weight of the participants. (f). Calculate the Standard Deviation of the weight of the participants. (g). Construct a histogram of weight of the participants. (h). Construct a scattered plot height and weight [hint: plot(height, weight)]

In: Statistics and Probability

Exercise 20-15 (Algorithmic) (LO. 1) On January 4, 2017, Martin Corporation acquires two properties from a...

Exercise 20-15 (Algorithmic) (LO. 1)

On January 4, 2017, Martin Corporation acquires two properties from a shareholder solely in exchange for stock in a transaction that qualifies under § 351. The shareholder's basis, the fair market value, and the built-in gain (loss) of each property are:

Shareholder's
Basis
Fair Market
Value
Built in Gain
or (Loss)
Property 1 $386,000 $463,200 $77,200
Property 2 $656,200 $501,800 ($154,400)
Net built-in loss ($77,200)

Martin adopts a plan of liquidation later in the year and distributes Property 2 to a 20% shareholder when the property is worth $424,600.

a. Compute Martin's basis in Property 1 and in Property 2 as of January 4, 2017.
Martin's basis is Property 1 is a ___________(Stepped down/stepped-up/carryover) basis of $_____________.
Martin's basis in Property 2 is a _______________(Stepped down/stepped-up/carryover basis of $______________.


b. Compute Martin's realized and recognized loss on the liquidating distribution of Property 2.
Martin has a realized loss of $____________ and a recognized loss of $_______________

In: Accounting

1) Suppose that a company has fixed costs of $15 per unit and variable costs $11...

1) Suppose that a company has fixed costs of $15 per unit and variable costs $11 per unit when 15,500 units are produced. What are the fixed costs per unit when 11,000 units are produced?

2)Total costs for ABC Distributing are $240,000 when the activity level is 9,000 units. If variable costs are $3.0 per unit, what are their fixed costs?

3)Park and West, LLC, provides consulting services to retail merchandisers in the Midwest. In 2019, they generated $750,000 in service revenue. Their total cost (fixed and variable) per client was $2,650 and they served 105 clients during the year. If operating expenses for the year were $300,000 what was their net income?

4)

Rose Company has a relevant range of production between 10,000 and 25,000 units. The following cost data represents average cost per unit for 15,000 units of production.

Average Cost per Unit

Direct Materials $12
Direct Labor 10
Indirect Materials 2
Fixed manufacturing overhead 4
Variable manufacturing overhead 3
Fixed selling and administrative expense 8
Variable Sales commissions 25

If 20,500 units are produced, what are the total manufacturing overhead costs incurred?

In: Accounting

Cheap Stay Inc. is considering building a budget hotel that offers clean small rooms with bathrooms....

Cheap Stay Inc. is considering building a budget hotel that offers clean small rooms with bathrooms. They anticipate that the 120 rooms will rent for 36,000 room-nights per year. The market price for equivalent rooms is $60 per night. Cheap Stay estimates that the cost of capital will be $7,900,000 and they would like an annual return on 15%. Following are the estimated annual operating costs:

Variable operating costs $18 per room night

Fixed Costs:

Salaries and wages $450,000

Building maintenance 86,000

General administration 230,000

Total fixed costs $766,000

REQUIRED:

1. What is the full cost per room-night?

2. Can Cheap Stay Inc. meet the targeted return on investment based on the estimated costs and revenue? Show your calculations.

3. A tour operator has offered $30 per room per night for 20 rooms during a time of the year that there is likely to be at least that many rooms vacant. Should Cheap Stay Inc. accept this offer?

In: Accounting

9) younger, Inc. manufactures recliners for the hotel industry. It has two products, the Heater and...

9)
younger, Inc. manufactures recliners for the hotel industry. It has two products, the Heater and the Massager, and total overhead is $3,160,000. The company plans to manufacture 400 Heaters and 100 Massagers this year. In manufacturing the recliners, the company must perform 600 material moves for the Heater and 400 for the Massager; it processes 900 purchase orders for the Heater and 700 for the Massager; and the company’s employees work 1,400 direct labor hours on the Heater product and 3,400 on the Massager. Younger’s total material handling costs are $2,000,000 and its total processing costs are $1,160,000. Using ABC, how much overhead would be assigned to the Heater product?



a.
$1,307,500

b.
$2,238,332



c.
$1,852,500

d.
$1,580,000

10)

one of Stine Company’s activity cost center is machine setups, with estimated overhead of $360,000. Stine produces sparklers (300 setups) and lighters (700 setups). How much of the machine setup cost center should be assigned to sparklers?



a.
$360,000

b.
$108,000

c.
$144,000

d.
$252,000

In: Accounting

[The following information applies to the questions displayed below.] The following data pertain to the Aquarius...

[The following information applies to the questions displayed below.] The following data pertain to the Aquarius Hotel Supply Company for the year just ended. Budgeted sales revenue

Budgeted sales revenue

$

200,000

  Budgeted manufacturing overhead

364,000

  Budgeted machine hours (based on practical capacity)

10,000

  Budgeted direct-labor hours (based on practical capacity)

20,000

  Budgeted direct-labor rate per hour

13

  Actual manufacturing overhead

338,000

  Actual machine hours

11,000

  Actual direct-labor hours

18,000

  Actual direct-labor rate per hour

17

Required: 1. Compute the firm’s predetermined overhead rate for the year using each of the following common cost drivers: a. machine hours b. direct labor hours c. direct labor dollars

2. Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers. a. machine hours b. direct labor hours c. direct labor dollars

In: Accounting

1. Watch the TED Talk by Bashar Wali, president of Provenance Hotel Group. Do you agree...

1. Watch the TED Talk by Bashar Wali, president of Provenance Hotel Group. Do you agree or disagree with what he discussed in his talk? Share your overall impressions and thoughts about what he had to share. Your response should be at least one full paragraph.

In: Nursing

consider you are to determine the investment value a Hotel. Your estimation certainly will be based...

consider you are to determine the investment value a Hotel. Your estimation certainly will be based on several assumptions.
Present how you would identify the key assumptions and their sources (e.g. rental values, expenses, discount rate, etc) in a discounted cash flow (DCF) model.
(Word limit: 400 words)

In: Finance