The proposed costs to operate this new facility are as follows:

Expected Monthly Revenue (Membership Fee): $125 per person

Monthly Fixed Costs

• Utilities: $590

• Health/Wellness Staff: $2,500

• Arts/Crafts Staff: $2,000

• Supplies: $800

• Fitness Equipment Maintenance Contract: $200

Variable Costs

• Monthly Lunch Cost: $25

• Monthly Breakfast Cost: $15

Based on the information above, once the minimum threshold of participants is reached, the initial investment to establish the center is $317,880. The organization anticipates that it will generate $46,920 of net revenues in the first year, $68,166 in the second year, $93,404 in the third year, $123,287 in the fourth year, and $158,573 in the fifth year.

1. Calculate the payback period to determine how long it will take for the organization to recover its initial investment of establishing the senior multipurpose center.

YOU ARE A STAFF ACCOUNTANT AUDITING A “PRIVATE COMPANY” AND FIND A MISREPRESENTATION DURING REVENUE RECOGNITION TESTING. WHO IS THE FIRST PERSON YOU SHOULD INFORM ABOUT YOUR FINDING. WHO ARE THE OTHER PARTIES YOU WILL INFORM ABOUT THE MISREPRESENTATION IF THE FIRST PARTY DOES NOTHING ABOUT THE MISREPRESENTATION.

When you have the total cost (TC) curve and the total revenue (TR) curve of a company, think about a situation with a single break-even point an another situation with two break-

even points and clearly explain what cause the difference is.

Think about a linear programming model with multiple optimal solutions and clearly explain what cause this to happen? A graph cannot be your explanantion.

1. A manufacturing company wants to maximize its revenue from the car seats it sells. It produces three different kinds of automobile seats—leather, cloth, and vinyl. The leather seats cost $1800 to manufacture. The cloth seats cost $1200 and the vinyl costs $500. The company has $2,000,000 to spend on wholesale costs. The leather seats require 30 man hours of labor to produce. The cloth seats 28 and the vinyl seats 18. The company has 40,000 labor hours available each month. Because the company wants to move away from vinyl, it wants the vinyl seats to represent no more than half of its total sales. If the company makes $3300 on each leather seat, $2600 on each cloth seat, and $1600 on each vinyl seat, how should it distribute its manufacturing (assuming it can sell all it makes)?  If the company had 300 more labor hours each month, what would be the impact to revenue?

Linear Programming / Excel Solver

If Possible please show all equations/constraints

1. Use the following information to complete the Revenue and asset test for industry segments:

1. Which of the operating segments would be considered reporting segments under the "revenue" test?

2. Which of the operating segments would be considered reporting segments under the "asset" test?

A sales employee generates sales revenue of either $1250 or $750, each with equal probability. A manager is paying the sales employee 25% of sales revenue, and the sales person has a utility function u(x) = x0.5. What is the lowest fixed salary (ie., independent of sales outcome) the manager can pay the employee instead, so that the sales person is not worse off? (a.)$887 (b.)$667.7 (c.)$453.5 (d.)$246.1

Chesterfield County had the following transactions.

1. A budget is passed for all ongoing activities. Revenue is anticipated to be $888,750 with approved spending of $583,000 and operating transfers out of $246,000.
2. A contract is signed with a construction company to build a new central office building for the government at a cost of $7,400,000 . A budget for this project has previously been recorded.
3. Bonds are sold for $7,400,000 (face value) to finance construction of the new office building.
4. The new building is completed. An invoice for $7,400,000 is received and paid.
5. Previously unrestricted cash of $1,250,000 is set aside to begin paying the bonds issued in (c).
6. A portion of the bonds comes due and $1,250,000 is paid. Of this total, $110,000 represents interest. The interest had not been previously accrued.
7. Citizens' property tax levies are assessed. Total billing for this tax is $845,000. On this date, the assessment is a legally enforceable claim according to the laws of this state. The money to be received is designated for the current period and 90 percent is assumed to be collectible in this period with receipt of an additional 6 percent during subsequent periods but in time to be available to pay current period claims. The remainder is expected to be uncollectible.
8. Cash of $165,000 is received from a toll road. This money is restricted for highway maintenance.
9. The county received investments valued at $335,000 as a donation from a grateful citizen. Income from these investments must be used to beautify local parks.

Prepare the entries first for fund financial statements and then for government-wide financial statements.

The following information is available for year 1 for Pepper Products: Sales revenue (210,000 units) $ 3,150,000 Manufacturing costs Materials $ 168,000 Variable cash costs 142,400 Fixed cash costs 337,600 Depreciation (fixed) 989,000 Marketing and administrative costs Marketing (variable, cash) 422,400 Marketing depreciation 149,600 Administrative (fixed, cash) 509,200 Administrative depreciation 64,800 Total costs $ 2,783,000 Operating profits $ 367,000 All depreciation charges are fixed and are expected to remain the same for year 2. Sales volume is expected to fall by 4 percent, but prices are expected to rise by 18 percent. Material costs per unit are expected to increase by 10 percent. Other unit variable manufacturing costs are expected to decrease by 9 percent per unit. Fixed cash costs are expected to increase by 5 percent. Variable marketing costs will change with unit volume. Administrative cash costs are expected to increase by 5 percent. Inventories are kept at zero. Pepper Products operates on a cash basis. Required: Estimate the cash from operations expected in year 2. (Do not round intermediate calculations.)