Questions
Space Weather merges astronomy and meteorology to explain how events on the Sun and in near-Earth...

Space Weather merges astronomy and meteorology to explain how events on the Sun and in near-Earth space can adversely impact the operation of Earth-orbiting satellites, communications systems, and many other systems on or near the Earth. discuss some aspect of space weather (what it is, how it's studied, its effect on us, etc.) that you find particularly interesting.

Instructions: Your initial post should be at least 200 words.

In: Physics

Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service...

Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December.

Raw materials were requisitioned from the company’s inventory on December 2 for $5,019; on December 8 for $1,059; and on December 14 for $3,459. In each instance, two-thirds (2/3) of these materials were for J57 and the rest for K52.

Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $15.5 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for J57 and the rest for K52.

The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2,125 hours, and the anticipated overhead costs are $841,500 for the year. The machines were used by workers on projects K52 and J57 on December 3, 9, and 15. Six machine hours were used for project K52 (2 each day), and 8.5 machine hours were used for project J57 (2.5 the first day and 3 each of the other days). Both of these special orders were completed on December 15, producing 200 sprinkler heads for J57 and 100 sprinkler heads for K52.

Additional job order activities during this period included:
Dec. 1 Purchased raw materials from Durbin Supply Company on account for $53,100.
Dec. 2 Issued $40,400 of direct materials from the company’s inventory to jobs other than K52 and J57 and $2,900 of indirect materials.
Dec. 12 Paid Waterways’ factory salaries and wages for $64,300.
Dec. 13 Paid the factory’s water bill of $9,000.
Dec. 18 Transferred $49,800 of costs from other completed jobs to finished goods.
Dec. 21 Paid the factory’s electric bill of $12,100 for Waterways’ factory.
Dec. 31 Made adjusting entries forth factory that included accrued property taxes of $11,900, prepaid insurance of $8,800, and accumulated depreciation of $16,000.

Set up the job cost sheets for Job No. J57 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, e.g. 12.25.)

Job No. J57 Job No. K52
Total Cost $ $
Unit Cost $ $

In: Accounting

The PC Works assembles custom computers from components supplied by various manufacturers. The company is very...

The PC Works assembles custom computers from components supplied by various manufacturers. The company is very small and its assembly shop and retail sales store are housed in a single facility in a Redmond, Washington, industrial park. Listed below are some of the costs that are incurred at the company.

Required:

For each cost, indicate whether it would most likely be classified as direct materials, direct labor, manufacturing overhead, selling, or an administrative cost.

1. The cost of a hard drive installed in a computer.

  • Direct labor cost

  • Direct materials cost

  • Manufacturing overhead cost

  • Selling cost

  • Administrative cost

2. The cost of advertising in the Puget Sound Computer User newspaper.

  • Direct labor cost

  • Direct materials cost

  • Manufacturing overhead cost

  • Selling cost

  • Administrative cost

3. The wages of employees who assemble computers from components.

  • Direct labor cost

  • Direct materials cost

  • Manufacturing overhead cost

  • Selling cost

  • Administrative cost

4. Sales commissions paid to the company’s salespeople.

  • Direct labor cost

  • Direct materials cost

  • Manufacturing overhead cost

  • Selling cost

  • Administrative cost

5. The salary of the assembly shop’s supervisor.

  • Direct labor cost

  • Direct materials cost

  • Manufacturing overhead cost

  • Selling cost

  • Administrative cost

6. The salary of the company’s accountant.

  • Direct labor cost

  • Direct materials cost

  • Manufacturing overhead cost

  • Selling cost

  • Administrative cost

7. Depreciation on equipment used to test assembled computers before release to customers.

  • Direct labor cost

  • Direct materials cost

  • Manufacturing overhead cost

  • Selling cost

  • Administrative cost

In: Accounting

Required    (a)       Using the above data, compute the gross profit to be recognised for...

Required

   (a)       Using the above data, compute the gross profit to be recognised for each of the three years, assuming that the outcome of the contract can be reliably estimated.  

   (b)   Prepare the journal entries for the 2015 financial year using the percentage-of-completion method.

   (c)   Prepare the journal entries for the 2015 financial year, assuming the stage of completion cannot be reliably assessed.

Sun City Limited commences construction of a multi-purpose water park on 1 July 2014 for Pretoria Limited. Sun City Limited signs a fixed-price contract for total revenues of $50 million. The project is expected to be completed by the end of 2017 and Pretoria Limited controls the asset throughout the period of construction. The expected cost as at the commencement of construction is $38 million. The estimated costs of a construction project might change throughout the project—in this example, they do change. The following data relates to the project (the financial years end on 30 June): Required (a) Using the above data, compute the gross profit to be recognised for each of the three years, assuming that the outcome of the contract can be reliably estimated.   (b) Prepare the journal entries for the 2015 financial year using the percentage-of-completion method. (c) Prepare the journal entries for the 2015 financial year, assuming the stage of completion cannot be reliably assessed.

In: Accounting

Heating, Ventilating and Air Conditioning (HVAC) Systems create and maintain the levels of comfort required by...

Heating, Ventilating and Air Conditioning (HVAC) Systems create and maintain the levels of comfort required by guests and employees. HVAC systems must be properly selected, operated and maintained if they are they are to provide an appropriate level of comfort.

How do you think a hotel building stays cool?

In: Operations Management

Discuss four risks that your company is likely to be exposed to if it goes ahead...

Discuss four risks that your company is likely to be exposed to if it goes ahead with debt finance as a source of finance and explain with 5 points how this decision will affect the return to the equity holders or shareholders of your company (hotel) following the arguments of M&M proposition 2.

In: Finance

Of all of those involved in the CENTRAL PARK FIVE case (police detectives, prosecutors, defense attorneys,...

Of all of those involved in the CENTRAL PARK FIVE case (police detectives, prosecutors, defense attorneys, jurors, etc.), who do you think bears most of the responsibility for the wrongful conviction? please Explain your choice in your own words essay form

In: Economics

Define each of the following resources. 7.1. Central park: 7.2. I-95 interstate thruway from Maine to...

Define each of the following resources.

7.1. Central park:

7.2. I-95 interstate thruway from Maine to Florida:

7.3. Fish in a stream in NY State:

7.4. US Navy medical hospital supply ship now docked in NYC:

7.5. Zoom:

In: Economics

How can TV Networks and Broadway plays use revenue management? "Revenue management is an extremely important...

How can TV Networks and Broadway

plays use revenue management?

"Revenue management is an extremely important concept within the hospitality industry, because it allows hotel owners to anticipate demand and optimise availability and pricing, in order to achieve the best possible financial results"

In: Finance

"Arrival and Registration" Briefly describe a hotel with which you are familiar and make at least...

"Arrival and Registration" Briefly describe a hotel with which you are familiar and make at least one recommendation for improvement regarding its registration procedure. come up with a way to mitigate the frustration customers feel when they need to wait at registration. Please be as creative as you like.

In: Operations Management