It is well-documented that the United States consistently runs sizable current account deficits. What are the long-term risks associated with running current account deficits? If you were able to influence policy decisions in the United States, what policies would you implement to minimize these long-term risks?
In: Finance
Review Technology Plug-In 3 Problem Solving Using Excel
2016. Complete exercise 1. Production
Errors
Established in 2002, t-shirts.com has rapidly become the place to
find, order, and save on T-shirts. One huge selling factor is that
the company manufactures its own T-shirts. However, the quality
manager for the production plant, Kasey Harnish, has noticed an
unacceptable number of defective T-shirts being produced. You have
been hired to assist Kasey in understanding where the problems are
concentrated. He suggests using a PivotTable to perform an analysis
and has provided you with a data file,
T3_TshirtProduction_Data.xls.
The following is a brief definition of the information
within the data file:
A. Batch: A unique number that identifies each batch or group of
products produced.
B. Product: A unique number that identifies each product.
C. Machine: A unique number that identifies each machine on which
products are produced.
D. Employee: A unique number that identifies each employee
producing products.
E. Batch Size: The number of products produced in a given
batch.
F. Num Defect: The number of defective products produced in a given
batch.
Make fifteen pivottables as follows.
1. Four one-factor pivottables that investigate the defective rates. Use Product, Machine, Employee, and Batch Size as row fields and Num Defect as the value field to make four pivottables.
2. Six two-factor pivottables. Use Product x Machine, Product x Employee, Product x Batch Size, Machine x Employee, Machine x Batch Size, Employee x Batch Size as row and column fields respectively. For example, when you use Product x Machine factors, you put Product as the row field and Machine as the column field. Still, Num Defect is the value field.
3. Four three-factor pivottables. Use Product x Machine x Employee, Product x Machine x Batch Size, Product x Employee x Batch Size, Machine x Employee x Batch Size as row and column fields respectively. For example, when you use Product x Machine x Employee factors, you put Product and Machine as the row fields and Machine as the column field. Still, Num Defect is the value field.
4. One four-factor pivottable. Use Product x Machine x Employee x Batch size as row and column fields. The first three factors can be the row fields, and the last one is the column field. Still, Num Defect is the value field.
Here is the data for this question
| BATCH | PRODUCT | MACHINE | EMPLOYEE | BATCH SIZE | NUM DEFECTIVE |
| 1 | 10 | 5 | 3333 | 500 | 16 |
| 2 | 20 | 7 | 5555 | 10000 | 10 |
| 3 | 30 | 6 | 2222 | 5000 | 13 |
| 4 | 30 | 8 | 4444 | 1000 | 12 |
| 5 | 20 | 6 | 3333 | 1000 | 5 |
| 6 | 20 | 7 | 1111 | 5000 | 9 |
| 7 | 30 | 8 | 2222 | 10000 | 20 |
| 8 | 10 | 5 | 3333 | 10000 | 14 |
| 9 | 10 | 6 | 1111 | 5000 | 17 |
| 10 | 30 | 7 | 5555 | 500 | 19 |
| 11 | 20 | 5 | 3333 | 500 | 4 |
| 12 | 30 | 7 | 4444 | 1000 | 7 |
| 13 | 10 | 8 | 2222 | 5000 | 5 |
| 14 | 30 | 6 | 3333 | 10000 | 8 |
| 15 | 30 | 7 | 1111 | 10000 | 21 |
| 16 | 10 | 5 | 1111 | 5000 | 15 |
| 17 | 10 | 6 | 1111 | 500 | 6 |
| 18 | 10 | 8 | 4444 | 500 | 9 |
| 19 | 10 | 7 | 3333 | 500 | 0 |
| 20 | 20 | 6 | 2222 | 1000 | 15 |
| 21 | 10 | 7 | 5555 | 10000 | 12 |
| 22 | 20 | 8 | 3333 | 10000 | 10 |
| 23 | 30 | 7 | 4444 | 10000 | 8 |
| 24 | 30 | 8 | 2222 | 5000 | 12 |
| 25 | 20 | 7 | 5555 | 1000 | 6 |
| 26 | 20 | 6 | 1111 | 1000 | 8 |
| 27 | 20 | 6 | 2222 | 5000 | 5 |
| 28 | 30 | 7 | 3333 | 10000 | 18 |
| 29 | 30 | 8 | 4444 | 500 | 15 |
| 30 | 30 | 5 | 5555 | 500 | 4 |
| 31 | 10 | 6 | 4444 | 10000 | 13 |
| 32 | 10 | 5 | 5555 | 500 | 5 |
| 33 | 20 | 7 | 3333 | 5000 | 18 |
| 34 | 30 | 5 | 2222 | 1000 | 11 |
| 35 | 30 | 8 | 4444 | 1000 | 23 |
| 36 | 20 | 6 | 1111 | 5000 | 14 |
| 37 | 10 | 7 | 3333 | 500 | 3 |
| 38 | 30 | 8 | 2222 | 10000 | 9 |
| 39 | 10 | 6 | 4444 | 5000 | 1 |
| 40 | 10 | 7 | 2222 | 1000 | 15 |
| 41 | 20 | 5 | 2222 | 1000 | 19 |
| 42 | 20 | 6 | 2222 | 5000 | 3 |
| 43 | 30 | 8 | 2222 | 10000 | 0 |
| 44 | 20 | 6 | 3333 | 500 | 12 |
| 45 | 30 | 7 | 1111 | 500 | 6 |
| 46 | 20 | 8 | 4444 | 10000 | 8 |
| 47 | 20 | 7 | 2222 | 500 | 5 |
| 48 | 30 | 5 | 5555 | 5000 | 18 |
| 49 | 30 | 8 | 4444 | 1000 | 15 |
| 50 | 10 | 6 | 5555 | 1000 | 4 |
| 51 | 10 | 7 | 1111 | 5000 | 13 |
| 52 | 10 | 5 | 2222 | 500 | 5 |
| 53 | 10 | 6 | 3333 | 10000 | 18 |
| 54 | 20 | 7 | 4444 | 500 | 11 |
| 55 | 10 | 7 | 5555 | 5000 | 23 |
| 56 | 20 | 6 | 2222 | 1000 | 14 |
| 57 | 30 | 5 | 1111 | 1000 | 3 |
| 58 | 30 | 7 | 3333 | 5000 | 9 |
| 59 | 20 | 6 | 2222 | 500 | 17 |
| 60 | 20 | 7 | 4444 | 10000 | 19 |
| 61 | 20 | 8 | 3333 | 5000 | 4 |
| 62 | 30 | 8 | 5555 | 1000 | 7 |
| 63 | 30 | 6 | 4444 | 1000 | 5 |
| 64 | 30 | 7 | 1111 | 5000 | 8 |
| 65 | 10 | 5 | 2222 | 10000 | 21 |
| 66 | 10 | 6 | 1111 | 500 | 15 |
| 67 | 20 | 7 | 2222 | 500 | 6 |
| 68 | 30 | 6 | 3333 | 10000 | 9 |
| 69 | 20 | 7 | 4444 | 500 | 0 |
| 70 | 10 | 8 | 2222 | 10000 | 15 |
| 71 | 30 | 6 | 5555 | 5000 | 12 |
| 72 | 30 | 7 | 4444 | 1000 | 10 |
| 73 | 30 | 5 | 5555 | 500 | 8 |
| 74 | 20 | 7 | 3333 | 500 | 12 |
| 75 | 10 | 6 | 1111 | 10000 | 6 |
| 76 | 10 | 7 | 5555 | 5000 | 8 |
In: Operations Management
Write initial post needs to be a minimum of 250 words.
Modules Topic
Outline of Key Contents � Why unions remain insecure as institutions and what they have and haven’t been able to do about this insecurity �
Right-to-work laws and why unions don’t like them �
How the dues checkoff arrangement works in practice and why most employers and unions haven’t made it a crucial point of controversy �
Obligations that labor contracts impose on unions �
Why employers often want “management rights” clauses and why some people think that such clauses aren’t necessary �
The two quite different theories of management rights: residual and trusteeship �
Why, although common in some other countries, codetermination has been very rare in the United States, and why this latter situation may finally be changing �
Why unions have historically resisted both employee stock ownership plans and quality of work life programs and why these stances, too, may at last be changing
In: Operations Management
In 1935, economics Nobel Prize winner John Hicks made a comment about the allocative inefficiency of monopolies. What did he mean when he said, "The best of all monopoly profits is a quiet life"?
Select the correct answer below:
Monopolies donate their profits to society trying to please their customers. The problem of inefficiency for monopolies often runs even deeper and involves becoming efficient over a longer period of time.
Monopolies may bank their profits and slack off on trying to please their customers. The problem of inefficiency for monopolies often runs even deeper and involves inefficiency over a longer period of time.
Monopolies may bank their profits and provide their customer new innovations. The problem of inefficiency for monopolies often means new technology and a fast paced changing world.
Monopolies may split their profits with their customers. The problem of inefficiency for monopolies often involves bureaucracy and wastes time.
In: Economics
New ultra-sound2 device designed to detect the presence of a metallic-object in a wooden enclosure is used for a pilot test. During trial, 281 wooden enclosures were truly embedded with marked metallic-object. The other 252 wooden enclosures were intentionally NOT enclosures with any metallic-object.
As the pilot test runs were conducted, the ultra-sound2 device detected 102 positive wooden enclosures truly embedded metallic-object out of the 281 wooden subjects truly embedded with metallic-object. Also, out of the other 252 (control) wooden enclosures NOT embedded with metallic-object the ultra-sound2 device did NOT pick up any metallic-object but showed negative in 172 runs.
In: Statistics and Probability
Wilkerson case
You may presume the following:
Capacity for the plant is 180 production runs, 400 shipments, 12,000 machine hours. Actual and capacity engineering hours are the same at 1,250.
The number of batches is equal to the number of production runs.
Answer these questions (in this order):
1. What is the competitive situation faced by Wilkerson?
2. Given some of the apparent problems with Wilkerson’s cost system, should executives abandon overhead assignment to products entirely by adopting a contribution margin approach in which manufacturing overhead is treated as a period expense? Why or why not?
3. How does Wilkerson’s existing cost system operate? Develop a diagram to show how costs flow from factory expense accounts to products. In other words, how do machine expense, set-up labor, receiving/production control, engineering, and packaging/shipping costs get allocated to valves, pumps, and flow controllers?
In: Operations Management
During the middle of a family picnic, Barry Allen received a message that his friends Bruce and Hal needed to be saved. Barry promised his wife Iris that he would be back in exactly 5 minutes. From that that picnic location, Barry runs at a speed of 600 m/s for 2 minutes at a heading of 35° north of west to save Bruce. He then changed his heading to 30° west of north, slows down to 400 m/s and runs for 1 minute to save Hal. (The changes in speed are essentially instantaneous and not part of solving this problem). (a) Draw a physical representation of the displacement during Barry’s full trip. (b) Use the Related Quantities sense-making technique to compare Barry’s total distance traveled to the magnitude of his displacement. (c) What average velocity (magnitude and direction) does Barry need to return back to the picnic in order to keep his promise to Iris?
In: Physics
import kotlinx.coroutines.*
// TODO 1
fun sum(valueA: Int, valueB: Int): Int {
return 0
}
// TODO 2
fun multiple(valueA: Int, valueB: Int): Int {
return 0
}
fun main() = runBlocking {
println("Counting...")
val resultSum = async { sum(10, 10)
}
val resultMultiple = async { multiple(20, 20)
}
// TODO 3
println()
}
TODO 1:
Change it to suspend function with the following conditions:
Has a waiting time of 3 seconds before the next operation
runs.
Returns the value of the sum of valueA and valueB.
TODO 2:
Change it to suspend function with the following conditions:
Has a waiting time of 2 seconds before the next operation
runs.
Returns the value of the multiplication valueA and valueB.
TODO 3:
Add a function to print the deferred values of the resultSum and
resultMultiple variables on the console.
If run, the console will display the text:
Counting ...
Result sum: 20
Multiple results: 400
In: Computer Science
Problem One
Prepare the seven (7) adjusting entries for the information given on the next page and write an explanation for each entry, tell what type of adjusting entry each is. For example, number 1 is a Prepaid Expense. Round all amounts to the nearest dollar if necessary.
|
Snowy River Catz, Inc. Trial Balance August 31, 2018 |
||
|
Cash |
$23,050 |
|
|
Accounts Receivable |
600 |
|
|
Bond Interest Receivable |
100 |
|
|
Supplies |
420 |
|
|
Prepaid Insurance |
2,500 |
|
|
Equipment |
18,900 |
|
|
Accumulated Depreciation |
$ 900 |
|
|
Accounts Payable |
600 |
|
|
Salary Payable |
||
|
Unearned Service Revenue |
12,000 |
|
|
Common Stock |
18,820 |
|
|
Retained Earnings |
10,000 |
|
|
Service Revenue |
19,400 |
|
|
Bond Interest Revenue |
||
|
Salary Expense |
16,150 |
|
|
Insurance Expense |
||
|
Depreciation Expense |
||
|
Suppllies Expense |
||
|
$61,720 |
$61,720 |
|
1. Prepaid Insurance remaining in effect at the end of August is $900.
2. Depreciation for the month of August for the equipment is $600.
3. Supplies used by August 31, $350.
4. You owe 2 days of salary to employees at August 31. A five-day payroll is $15,000.
5. You have completed Service Revenue of $17,000 but have not yet billed the client. Record the adjustment on August 31.
6. There is $3,000 of the amount in Unearned Service Revenue still to be earned at August 31.
7. You have earned $150 interest on your bonds and will receive the check on September 15.
|
Journal |
|||
|
Date |
Description |
Debit |
Credit |
|
Journal |
|||
|
Date |
Description |
Debit |
Credit |
In: Accounting
Activity-Based And Department Rate Product Costing and Product Cost Distortions
Black and Blue Sports Inc. manufactures two products: snowboards
and skis. The factory overhead incurred is as follows:
| Indirect labor | $507,000 |
| Cutting Department | 156,000 |
| Finishing Department | 192,000 |
| Total | $855,000 |
The activity base associated with the two production departments
is direct labor hours. The indirect labor can be assigned to two
different activities as follows:
| Activity | Budgeted Activity Cost | Activity Base | ||||
| Production control | $237,000 | Number of production runs | ||||
| Materials handling | 270,000 | Number of moves | ||||
| Total | $507,000 | |||||
The activity-base usage quantities and units produced for the
two products follow:
| Number of Production Runs | Number of Moves | Direct Labor Hours-Cutting | Direct Labor Hours-Finishing | Units Produced | ||||||||||||||||
| Snowboards | 430 | 5,000 | 4,000 | 2,000 | 6,000 | |||||||||||||||
| Skis | 70 | 2,500 | 2,000 | 4,000 | 6,000 | |||||||||||||||
| Total | 500 | 7,500 | 6,000 | 6,000 | 12,000 | |||||||||||||||
Required:
1. Determine the factory overhead rates under the multiple production department rate method. Assume that indirect labor is associated with the production departments, so that the total factory overhead is $315,000 and $540,000 for the Cutting and Finishing departments, respectively. Round per unit amounts to the nearest whole cent.
| Department | Production Department Rate |
| Cutting Department | $ per direct labor hour |
| Finishing Department | $ per direct labor hour |
2. Determine the total and per-unit factory overhead costs allocated to each product, using the multiple production department overhead rates in (1). Round per unit amounts to the nearest whole cent.
| Product | Total Factory Overhead | Factory Overhead Per Unit |
| Snowboards | $ | $ |
| Skis | $ | $ |
3. Determine the activity rates, assuming that the indirect labor is associated with activities rather than with the production departments. Round per unit amounts to the nearest whole cent.
| Activity | Activity Rate |
| Production Control | $ per prod. run |
| Materials Handling | $ per move |
| Cutting Department | $ per dlh |
| Finishing Department | $ per dlh |
4. Determine the total and per-unit cost assigned to each product under activity-based costing. Round the per unit amounts to the nearest whole cent.
| Product | Total Activity Cost | Activity Cost Per Unit |
| Snowboards | $ | $ |
| Skis | $ | $ |
In: Accounting