Questions
Provide a description of the process of gender role learning at all stages of development from...

Provide a description of the process of gender role learning at all stages of development from childhood through adolescence. What do you think are the major socialization influences throughout the process, and the changes, if any, in contemporary roles and encoded sexual scripts of gender and gender theory? Explain how gender role learning applies here, if it does. Provide an explanation of the perspectives that influence sexual orientation with regard to the assigned gender, gender identity, and gender roles. For example, what did you learn as a child as it relates to "what it means to be a boy or a girl in our society"? Where you influenced by gender role socialization?

In: Psychology

Appendix: Normal and Abnormal Spoilage in Process Costing Novel Toys, Inc., manufactures plastic water guns. Each...

Appendix: Normal and Abnormal Spoilage in Process Costing

Novel Toys, Inc., manufactures plastic water guns. Each gun's left and right frames are produced in the Molding Department. The left and right frames are then transferred to the Assembly Department where the trigger mechanism is inserted and the halves are glued together. (The left and right halves together define the unit of output for the Molding Department.) In June, the Molding Department reported the following data:

In the Molding Department, all direct materials are added at the beginning of the process.

Beginning work in process consisted of 3,000 units, 20 percent complete with respect to direct labor and overhead. Costs in beginning inventory included direct materials, $450; and conversion costs, $138.

Costs added to production during the month were direct materials, $950; and conversion costs, $2,174.50.

Inspection takes place at the end of the process. Malformed units are discarded. All spoilage is considered abnormal.

During the month, 7,000 units were started, and 8,000 good units were transferred out to Finishing. All other units finished were malformed and discarded. There were 1,000 units that remained in ending work in process, 25 percent complete.

Required:

1. Prepare a physical flow schedule.

Novel Toys, Inc.
Physical Flow Schedule
Units to account for:
Units, beginning work in process
Units started
Total units to account for
Units accounted for:
Units transferred out
Units spoiled
Units, ending work in process
Total units accounted for

Feedback

1. The physical flow schedule traces the units in process regardless of their stage of completion.

2. Calculate equivalent units of production using the weighted average method.

Equivalent Units
Direct Materials
Conversion Costs

3. Calculate the unit cost. Round your answer to the nearest cent.
$ per unit

4. What is the cost of goods transferred out?
$

What is the ending work in process? Round your answer to the nearest cent.
$

What is the loss due to spoilage?
$

Feedback

2. To calculate equivalent units, weighted average counts prior-period output in BWIP as belonging to the current period. All units are output in the current period.

3. The unit cost is obtained by dividing the sum of the costs in BWIP and the current-period costs by the weighted average equivalent output.

4. Costing out ending work in process is done by computing the cost of each input and then adding to obtain the total. The valuation of cost of goods transferred out is simplified as it is the total unit cost multiplied by the units completed.

5. Prepare the journal entry to remove spoilage from the Molding Department.

Loss from Abnormal Spoilage
Work in Process-Molding

In: Accounting

COVID-19 The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment....

COVID-19

The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment. It is also having an impact on the global economy with tourism, aviation, education and hospitality the initially hardest hit industries. Almost all global supply-chains are affected at some level. Realistically, many sectors will be affected to different degrees, with many organizations implementing policies to limit employee travel and to prepare employees to work from home if necessary and if possible, to ensure the safety of their employees. The outbreak is moving quickly, and most countries are trying to respond quickly to contain the impact. However, the spread of the virus may continue through 2020 and impact the operations of many industries for months to come.

Question 1 - Word count: 800 words .

Critically analyze the required types of change to minimize the impact of the COVID 19 virus on the university? Then analyze which images of change management that could be adopted by the change agent to manage such situation?   

In: Operations Management

Read about WATSON, IBM's computer system that assimilates research on medical conditions, such as cancer, and...

Read about WATSON, IBM's computer system that assimilates research on medical conditions, such as cancer, and helps doctors diagnose and treat patients.

https://www-03.ibm.com/press/us/en/pressrelease/43444.wss

A. Do you believe an intelligent computer system will replace human doctors and nurse practitioners in diagnosing and treating disease?

B. Why or why not?

C. What are the advantages and disadvantages of using a system like WATSON?

In: Nursing

An engineer is designing a total hip implant. She intends to make the femoral stem out...

An engineer is designing a total hip implant. She intends to make the femoral stem out of titanium because it forms a good interface with bone. However, since titanium does not have optimum wear properties she intends to make the ball component out of stainless steel and attach it to the stem using a press fit. Should she be worried about corrosion? If so, what types of corrosion could take place?

In: Other

3. What was the Fed’s announced monetary policy decision at the June 18-19, 2019 FOMC meeting?...

3. What was the Fed’s announced monetary policy decision at the June 18-19, 2019 FOMC meeting? What rationale did the fed give for its decision? What hints did they give toward their outlook on the future? How did the financial markets receive their decision? You should be able to find the answer to all of these questions in one or two news reports following the meeting or in the press release issued by the fed.

In: Finance

Prepare "T" Accounts in ACCRUAL and CASH basis the Income statement, Statement of Retained Earnings and...

Prepare "T" Accounts in ACCRUAL and CASH basis the Income statement, Statement of Retained Earnings and Balance Sheet, after reading the following information below.

Richard Brandt graduated from York University with his BAS although he spent more time in the gym than in the classrooms and libraries. His parents and grandparents were very proud and happy of this achievement. As a graduation gift, Richard's Grandparents gave him $20,000 to start his own business.

So, on September 1, 2015, Richard started a small business called "Ricky Rock Wrestling for Fun". "Ricky Rock" offers a party package designed for active kids, teen and adults that want to learn and practice wrestling activities for fun by learning how to perform headlocks, leg scissors and other tricks.

As a student, he learned and practiced Greco-Roman wrestling and built an impressive body. Now graduated from university he has decided to continue with his passion of wrestling but added a spin to make money. In one tournament in 2013 Richard meet Linda who was competing for a US university team and she mentioned that she was working on girls birthday parties focused on wrestling. In June 2015 Richard contacted Linda and told her about his idea and Linda shared with him all documentation she has prepared in these years including: brochure to be distributed to potential customers, personal cards, party themes, parties activities, schedules and agendas, etc. During August Richard has completed his business plan and was ready to launch 'Ricky Rock Wresting for Fun' in the GTA.

The following is a list of transactions that occurred during the first month of operations:

September 1st Opened a business bank account with the $20,000 received as a gift from the Grandparents $20,000.

September 1st Signed 12 month commercial insurance contract for any liability that might emerge from the activity, $600 per month for 1 year.

September 2nd Purchase in cash costumes of famous wrestlers to wear at parties. The costumes can last one full year $600.

September 3rd Paid in cash the set up of the web site. It expects to last the whole life of this business $2,000.

September 4th Collected the brochures and presentation cards to be used in promoting the business. One third is paid in cash while the rest will be paid on October 5th $450.

September 5th First event organized and delivered. Birthday party for a 5 years old boy. Received the payment in cash $1,000.

September 6th Second event organized and delivered as part of a series of activities organized by a charity to raise funds. One third is paid in cash while the rest will be paid by the Charity Organization on October 5th $3,000.

September 8th Labour day, no events, no work so Richard goes to the gym and does a double routine (the rest of the days he just does a simple routine of 2.5 hours).

September 12th Third event organized and delivered. Birthday party for a 7 years old boy. Parents promise to pay in a few days $1,000.

September 15th Pays first 2 months of insurance $1,200.

September 19th & 20th Fourth event organized and delivered. Provided one of the activities of a corporate team building extravaganza weekend. The contract signed says the payment will be effective in 30 days with a cheque $2,000.

September 23rd Paid the gym membership for September, October, November and December $2,000.

September 24th Telephone bill for $200 was received for the month of September, payment due October 5th $200.

September 26th Fifth event organized and delivered. Birthday party for a 4 years old boy. Received payment in cash $1,000.

September 26th One of the parents at the birthday party for a 4 years old boy hires him for his son's birthday party on October 10th. Received payment in cash $500.

September 27th Sixth event organized and delivered. Birthday party for a 6 years old boy. Received payment in cash $1,000.

September 29th Received the payment for the birthday party for the 7 years old boy of September 12th $1,000.

September 30th Richard pays to his parents a rent for using the car for business purposes and to go and come back from the gym $200.

September 30th Richard promised to pay on October 6th to his parents the extra charge that comes in the insurance premium of their cars for having him as an additional driver (male under 25) $800.

Additional information: September 30th Inventory of brochures and cards showed that two thirds of them are still available (not used) $300.

ACCRUAL accounting:

Revenues Cash
Telephone Expense Brochures
Car Rent Expenses Accounts Receivables
Car Rent Insurance Expense Prepaid Insurance
Costumes Expense Prepaid Gym Membership
Brochures Expense Costumes
Gym Membership Expense Accumulated Depreciation Costumes
Insurance Expense Web Site (intangible asset)
Advances From Customers Accounts Payable
Owner's Equity Costumes Depreciation Expense
Telephone Payable



CASH accounting:

Revenue Expense on Web site
Car rent expenses Insurance Expense
Car Rent Insurance Expense Gym Membership Expense
Costumes Expense Brochures Expense
Telephone Expense Cash
Owner's equity Costumes Depreciation Expense
Advances From Customers Accounts Payable

In: Accounting

The purpose of this assignment is to research and review the annual report for a selected...

The purpose of this assignment is to research and review the annual report for a selected company.

Throughout the course you will be applying what you learn about the principles and practices of financial accounting by completing an ongoing project based upon a Fortune 500 company traded on the New York Stock Exchange (NYSE) or National Association of Securities Dealers Automated Quotations (NASDAQ). The project will include six assignments, each focusing on the analysis of financial information from various parts of the company's financial statements.

Using the topic materials, select a Fortune 500 company as the focus for your project. The company you select must sell a product and carry inventory on its balance sheet.

Access a copy of the company's annual report, known as a Form 10-K. This information can typically be located on the company website under "Investor Relations," or on the SEC website EDGAR. Read through the Form 10-K to become familiar with the company.

Conduct additional research to locate a recent press release or article related to the company's current or future financial performance. Read the press release/article and be prepared to discuss it in your assignment deliverable.  

For this assignment, provide a 500-750 words count company overview that addresses the following information related to the company you have selected.

  1. Describe the company, including business sector, product(s) sold, competitors, and the geographic area where business is conducted.
  2. Discuss cyclicality associated with the company's product sales and any other information relevant to the particular business or its industry.
  3. Discuss whether the company is using generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS) as its standard for financial reporting, and explain how you can tell which method is being employed based upon your review of the Form 10-K.
  4. Summarize the information from the press release/article and explain why this information is significant for the company. Focus on current and future financial implications and how the company's financial performance might be influenced.

In: Accounting

Masters Machine Shop is considering a four-year project to improve its production efficiency. Buying a new...

Masters Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $854,400 is estimated to result in $284,800 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $124,600. The press also requires an initial investment in spare parts inventory of $35,600, along with an additional $5,340 in inventory for each succeeding year of the project.

  

If the shop's tax rate is 22 percent and its discount rate is 11 percent, what is the NPV for this project?

Your firm is contemplating the purchase of a new $2,183,000 computer-based order entry system. The system will be depreciated straight-line to zero over its 5-year life. It will be worth $212,400 at the end of that time. You will be able to reduce working capital by $295,000 (this is a one-time reduction). The tax rate is 24 percent and your required return on the project is 20 percent and your pretax cost savings are $644,750 per year.

  

a. What is the NPV of this project?

b. What is the NPV if the pretax cost savings are $895,500 per year?

c. At what level of pretax cost savings would you be indifferent between accepting the project and not accepting it?

Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $3.8 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $294,000 after 3 years. The project requires an initial investment in net working capital of $420,000. The project is estimated to generate $3,360,000 in annual sales, with costs of $1,344,000. The tax rate is 23 percent and the required return on the project is 13 percent.

    

What is the project's year 0 net cash flow?

What is the project's year 1 net cash flow?

What is the project's year 2 net cash flow?

What is the project's year 3 net cash flow?

What is the NPV?

In: Finance

In the competitive software development market, patent protection is imperative for new products. Electronic Solutions Incorporated...

In the competitive software development market, patent protection is imperative for new products. Electronic Solutions Incorporated (ESI), where you work, has spent millions of dollars and many years developing a new software platform. While ESI has been waiting for a patent to be granted, its revenues, profits, and stock prices have slipped to an all-time low because so much time, money, and energy have been devoted to the software development effort.

You, as director of public relations, have been called to a meeting with the company president and members of the executive team. They give you the bad news: The United States Patent and Trademark Office denied ESI's application for patent on the new software platform. The executives at ESI were counting on the new software to restore the company's prestige and save the company from financial ruin. In the meeting, you also learn that this patent was ESI's last hope to avoid bankruptcy. The company attorney explains that ESI might win an appealwith the Patent and Trademark Office, but winning an appeal is a "long shot at best."

After the meeting, Mr. Mateo, the president, asks you to stay. He reminds you that your job is to "make the best of a bad situation." He tells you to write a press release about the situation. He says, "You need to write a press release reassuring employees, shareholders, and the public that everything will be fine. Make sure you include the fact that we are planning an appeal and are confident that the patent will be issued when our appeal is heard. Your responsibility is to get the positive story out there so that ESI does not fall apart."

Questions for Discussion

1. Does Mr. Mateo have the right to ask you to create a misleading press release? Should you write a release according to Mr. Mateo's instructions? Do employees, shareholders, and the public have a right to know what is happening?

2. What are your options? What could you do to try to resolve the situation?

In: Operations Management