Questions
Jim is the owner and managing director of Colours Ltd, a company selling eco-friendly paints in...

Jim is the owner and managing director of Colours Ltd, a company selling eco-friendly paints in Ireland. The company has ten stores around the country and is the dominant player in its marketplace.

Bulldog Paints is an AIM listed UK company. It sells eco-friendly and premium paints,

owning 120 stores and operating mainly in the competitive UK market. It has recentlyundertaken a policy of international expansion.

Bulldog Paints has recently suggested merging the two companies. Under the terms of the merger, Jim will receive 10% of the shares of the merged company and will act as manager for the Irish operations.

Jim is unsure whether to accept the offer. You are required to prepare a report outlining the costs and benefits of the merger. The report should distinguish between the costs and benefits that accrue to Jim personally as owner and manager of the company and those that affect the future operation of Colours Ltd.

In: Accounting

Read the scenario and then answer the question that follows. Recology CleanScapes, formed when CleanScapes of...

Read the scenario and then answer the question that follows.

Recology CleanScapes, formed when CleanScapes of Seattle merged with San Francisco–based Recology, provides recycling services to about 800,000 residential and commercial customers in four western states. The employee-owned company’s motto is “WASTE ZERO,” and it is an industry leader in the waste reduction and recovery industry. Recology CleanScapes has credited much of its financial success, low employee turnover, and high customer satisfaction to open-book management.

If you were hired as a manager at Recology CleanScapes, which of the following would be parts of your job? Check all that apply.

1) Help employees think like owners, taking responsibility for the financial success of the company

2) Encourage employees to focus on their individual job performance and reward them for individual results

3) Share financial measures such as revenues, expenses, and profits with your employees

In: Operations Management

Question: In MATLAB, Implement a hybrid clustering algorithm which combines hierarchical clustering and k-means clustering. The...

Question: In MATLAB, Implement a hybrid clustering algorithm which combines hierarchical clustering and k-means clustering. The hybrid algorithm will use hierarchical clustering to produce stable clusters and k-means clustering will initialize seeds based on the centroids of the produced stable clusters (instead of randomly initialized seeds)

Background Information: Both hierarchal clustering and k-means clustering group similar data objects into clusters. However, the two algorithms have their pros and cons. For example, hierarchical clustering produces stable clusters while k-means clustering generates instable clusters due to random initial centroids(seeds). In hierarchal clustering once data objects are wrongfully merged, the data objects cannot be moved to another group while k-means clustering can re-assign data objects to a different group.

In: Computer Science

Assume that a hypothesis test of the given claim will be conducted. Identify the type I...

Assume that a hypothesis test of the given claim will be conducted. Identify the type I ( α ) error.

The principal of a school claims that the percentage of students at his school that come from a single-parent home is 6%.

In: Statistics and Probability

Motherland school is considering to purchase text mining software to analyze unstructured data both in the...

Motherland school is considering to purchase text mining software to analyze unstructured data both in the form of offline and online reports. What are the important factors school should consider while making the decision?

In: Computer Science

Describe the skills that elementary school-age children develop as they learn to read, comprehend, and write...

Describe the skills that elementary school-age children develop as they learn to read, comprehend, and write effectively. Describe the skills that elementary school-age children develop as they learn to read, comprehend, and write effectively.

In: Psychology

7. Perform an appropriate hypothesis test to determine if there is a significant relationship between a...

7. Perform an appropriate hypothesis test to determine if there is a significant relationship between a student’s race and the punishment received for talking back to teachers in a school district. Be sure to list all your steps and interpret your findings in no more than two sentences.

In School Suspension

Out of School Suspension

Intermediate Punishment

African-American/Black

19

52

9

Hispanic/Latino

14

39

7

White

9

12

24

In: Statistics and Probability

2. A researcher wishes to test the claim that there is a difference in the distribution...

2. A researcher wishes to test the claim that there is a difference in the distribution of ages of elementary school, high school, and community college teachers. Teachers are randomly selected from each group. Their ages are recorded below. Can you conclude that the distributions of teachers' ages at these different levels of education are different? Use the Kruskal-Wallis test. Use α = 0.05. Elementary 28,33,32,57,42,30 High school 41,46,43,52,47,36 Comm. College 44,50,41,66,50,40 need work shown

In: Statistics and Probability

Amazon Beverages produces and bottles a line of soft drinks using exotic fruits from Latin America...

Amazon Beverages produces and bottles a line of soft drinks using exotic fruits from Latin America and Asia. The manufacturing process entails mixing and adding juices and coloring ingredients at the bottling plant, which is a part of Mixing Division. The finished product is packaged in a company-produced glass bottle and packed in cases of 24 bottles each.

Because the appearance of the bottle heavily influences sales volume, Amazon developed a unique bottle production process at the company’s container plant, which is a part of Container Division. Mixing Division uses all of the container plant’s production. Each division (Mixing and Container) is considered a separate profit center and evaluated as such. As the new corporate controller, you are responsible for determining the proper transfer price to use for the bottles produced for Mixing Division.

At your request, Container Division’s general manager asked other bottle manufacturers to quote a price for the number and sizes demanded by Mixing Division. These competitive prices follow:

Volume Total Price Price per Case
450,000 equivalent casesa $ 3,465,000 $ 7.70
900,000 6,030,000 6.70
1,350,000 7,965,000 5.90

a An equivalent case represents 24 bottles.

Container Division's cost analysis indicates that it can produce bottles at these costs:

Volume Total Cost Cost per Case
450,000 equivalent cases $ 2,875,000 $ 6.39
900,000 4,900,000 5.44
1,350,000 6,925,000 5.13

These costs include fixed costs of $850,000 and variable costs of $4.50 per equivalent case. These data have caused considerable corporate discussion as to the proper price to use in the transfer of bottles from Container Division to Mixing Division. This interest is heightened because a significant portion of a division manager’s income is an incentive bonus based on profit center results.

Mixing Division has the following costs in addition to the bottle costs:

Volume Total Cost Cost per Case
450,000 equivalent cases $ 1,850,000 $ 4.11
900,000 2,650,000 2.94
1,350,000 3,450,000 2.56

The corporate marketing group has furnished the following price–demand relationship for the finished product:

Sales Volume Total Sales Revenue Sales Price per Case
450,000 equivalent cases $ 9,225,000 $ 20.50
900,000 16,650,000 18.50
1,350,000 20,925,000 15.50

Required:

a. Amazon Beverages has used market price–based transfer prices in the past. Using the current market prices and costs and assuming a volume of 1.35 million cases (Enter your answers in thousands of dollars.)

a-1. Calculate operating profits for Container Division.

a-2. Calculate operating profits for Mixing Division.

a-3. Calculate operating profits for Amazon Beverages.

b-1. Calculate operating profits for Container for volumes of 450,000, 900,000 and 1,350,000cases. (Enter your answers in thousands of dollars.)

450,000 cases 900,000 cases 1,350,000 cases
Profit

Which volume of production is the most profitable for Container?

450,000 cases
900,000 cases
1,350,000 cases

b-2. Calculate operating profits for Mixing for volumes of 450,000, 900,000 and 1,350,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Container?

450,000 cases
900,000 cases
1,350,000 cases

b-2. Calculate operating profits for Mixing for volumes of 450,000, 900,000 and 1,350,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Mixing?

450,000 cases
900,000 cases
1,350,000 cases

b-3. Calculate operating profits for Amazon Beverages for volumes of 450,000, 900,000 and 1,350,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Amazon Beverages?

450,000 cases
900,000 cases
1,350,000 cases

In: Accounting

Amazon Beverages produces and bottles a line of soft drinks using exotic fruits from Latin America...

Amazon Beverages produces and bottles a line of soft drinks using exotic fruits from Latin America and Asia. The manufacturing process entails mixing and adding juices and coloring ingredients at the bottling plant, which is a part of Mixing Division. The finished product is packaged in a company-produced glass bottle and packed in cases of 24 bottles each.

Because the appearance of the bottle heavily influences sales volume, Amazon developed a unique bottle production process at the company’s container plant, which is a part of Container Division. Mixing Division uses all of the container plant’s production. Each division (Mixing and Container) is considered a separate profit center and evaluated as such. As the new corporate controller, you are responsible for determining the proper transfer price to use for the bottles produced for Mixing Division.

At your request, Container Division’s general manager asked other bottle manufacturers to quote a price for the number and sizes demanded by Mixing Division. These competitive prices follow:

Volume Total Price Price per Case
410,000 equivalent casesa $ 2,993,000 $ 7.30
820,000 5,166,000 6.30
1,230,000 6,765,000 5.50

a An equivalent case represents 24 bottles.

Container Division's cost analysis indicates that it can produce bottles at these costs:

Volume Total Cost Cost per Case
410,000 equivalent cases $ 2,491,000 $ 6.08
820,000 4,172,000 5.09
1,230,000 5,853,000 4.76

These costs include fixed costs of $810,000 and variable costs of $4.10 per equivalent case. These data have caused considerable corporate discussion as to the proper price to use in the transfer of bottles from Container Division to Mixing Division. This interest is heightened because a significant portion of a division manager’s income is an incentive bonus based on profit center results.

Mixing Division has the following costs in addition to the bottle costs:

Volume Total Cost Cost per Case
410,000 equivalent cases $ 1,810,000 $ 4.41
820,000 2,610,000 3.18
1,230,000 3,410,000 2.77

The corporate marketing group has furnished the following price–demand relationship for the finished product:

Sales Volume Total Sales Revenue Sales Price per Case
410,000 equivalent cases $ 8,241,000 $ 20.10
820,000 14,842,000 18.10
1,230,000 18,573,000 15.10

Required:

a. Amazon Beverages has used market price–based transfer prices in the past. Using the current market prices and costs and assuming a volume of 1.23 million cases (Enter your answers in thousands of dollars.)

a-1. Calculate operating profits for Container Division.

a-2. Calculate operating profits for Mixing Division.

a-3. Calculate operating profits for Amazon Beverages.

b-1. Calculate operating profits for Container for volumes of 410,000, 820,000 and 1,230,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Container?

b-2. Calculate operating profits for Mixing for volumes of 410,000, 820,000 and 1,230,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Mixing?

410,000 cases
820,000 cases

1,230,000 cases

b-3. Calculate operating profits for Amazon Beverages for volumes of 410,000, 820,000 and 1,230,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Amazon Beverages?

410,000 cases
820,000 cases
1,230,000 cases

In: Accounting