c++
students.txt
20
Shawn Lynch 2.0 Hasan Stephens 2.6 Frank Wright 2.7 Hugo Ray 2.9 Justin Gardner 3.0 Kelly Jenkins 2.2 Rafael Seymour 3.7 Jose Cantu 0.6 David Gilmore 1.3 Emma Paterson 2.1 Jackie White 1.9 Robert Green 3.8 Julio Armstrong 1.1 Erik Cook 4.0 Jessica Hale 3.0 Vanessa Rivera 0.9 Sandra Ferguson 3.1 Christian Wang 1.1 Jackson Martinez 1.9 Austin Black 4.0
For your program, you will need to define a class Student, with private members for first name, last name, and GPA, and any methods you determine that you need (constructors, gets/sets, etc.) Once the class is defined, you will need to populate an array of Student objects to be sorted with data provided in the students.txt file.
First line in the text file will be size of the array.
Every line after the first contains three pieces of information, separated by spaces: First Name, Last Name, and GPA
and sort the Student data by GPA.(Using MergeSort)
display unsorted data and sorted data
In: Computer Science
c++
students.txt
20
Shawn Lynch 2.0 Hasan Stephens 2.6 Frank Wright 2.7 Hugo Ray 2.9 Justin Gardner 3.0 Kelly Jenkins 2.2 Rafael Seymour 3.7 Jose Cantu 0.6 David Gilmore 1.3 Emma Paterson 2.1 Jackie White 1.9 Robert Green 3.8 Julio Armstrong 1.1 Erik Cook 4.0 Jessica Hale 3.0 Vanessa Rivera 0.9 Sandra Ferguson 3.1 Christian Wang 1.1 Jackson Martinez 1.9 Austin Black 4.0
For your program, you will need to define a class Student, with private members for first name, last name, and GPA, and any methods you determine that you need (constructors, gets/sets, etc.) Once the class is defined, you will need to populate an array of Student objects to be sorted with data provided in the students.txt file.
First line in the text file will be size of the array.
Every line after the first contains three pieces of information, separated by spaces: First Name, Last Name, and GPA
and sort the Student data by GPA.(Using MergeSort or QuickSort)
display unsorted data and sorted data
In: Computer Science
In: Economics
The Timbrick Company produces and sells a single product. The production of this product requires 15 liters of direct material for each unit produced. Timbrick has an inventory policy which sets a target ending inventory of finished goods equal to 15% of next months expected unit sales. The target ending inventory for direct materials is 30% of the materials needed for production for next month. The budgeted cost of direct materials is $0.40 per liter. Normally, Timbrick pays the suppliers for 30% of a month’s purchases in the month of the purchase and they pay the remainder (70%) the next month.
On 1 January 20×3, Timbrick produced a budget for the three-month period (January, February, March). An incomplete version of that budget is shown below. (Missing values show “-“)
|
January |
February |
March |
1st Quarter |
|
|
PRODUCTION BUDGET |
||||
|
Budgeted unit sales |
23,000 |
24,000 |
36,000 |
83,000 |
|
Target ending finished goods inventory |
3,600 |
- |
- |
- |
|
Total requirements (finished goods) |
26,600 |
29,400 |
40,800 |
- |
|
Beginning finished goods inventory |
||||
|
Units to be produced |
22,750 |
- |
- |
83,950 |
|
DIRECT MATERIALS PHYSICAL UNITS BUDGET |
||||
|
Materials required per unit (liters/unit) |
15 |
15 |
15 |
15 |
|
Materials to be used in production |
341,250 |
- |
- |
1,259,250 |
|
Target ending materials inventory |
116,100 |
159,300 |
135,900 |
- |
|
Total requirements (materials) |
457,350 |
- |
- |
- |
|
Beginning materials inventory |
- |
- |
- |
- |
|
Materials to be purchased |
353,775 |
430,200 |
- |
1,291,575 |
|
COST BUDGET |
||||
|
Material cost per liter ($/liter) |
0.40 |
0.40 |
0.40 |
0.40 |
|
Total cost of purchases |
$141,510 |
- |
- |
$516,630 |
|
Cash paid to suppliers |
$135,693 |
- |
$181,368 |
- |
You do NOT need to fill in all the missing values in the schedule above. You need to answer the following questions. Each question is 3 marks.
Required: Please compute the follows.
1. Beginning finished goods inventory for January, 20×3.
2. Total requirements (finished goods) for the 1st Quarter
3. Budgeted unit sales for April, 20×3.
4.Units to be produced for February, 20×3.
5. Estimate the total cost of purchases for December, 20×2.
In: Accounting
Moleno Company produces a single product and uses a standard cost system. The normal production volume is 120,000 units; each unit requires five direct labor hours at standard. Overhead is applied on the basis of direct labor hours. The budgeted overhead for the coming year is as follows:
| FOH | $2,160,000* |
| VOH | 1,440,000 |
| * At normal volume. |
During the year, Moleno produced 118,600 units, worked 592,300 direct labor hours, and incurred actual fixed overhead costs of $2,150,400 and actual variable overhead costs of $1,422,800.
Refer to the list below for the exact wording of a label or an amount description within your income statement.
| Amount Descriptions | |
|---|---|
| Depreciation | |
| Direct labor | |
| Other | |
| Flexible budget variance | |
| Supervision | |
| Utilities | |
| Inspecting products | |
| Maintenance | |
| Supplies | |
| Rent | |
| Total conversion cost |
1. Calculate the standard fixed overhead rate and the standard variable overhead rate.
| Standard Fixed Overhead Rate | per DLH |
| Standard Variable Overhead Rate | per DLH |
2. Compute the applied fixed overhead and the applied variable overhead. What is the total fixed overhead variance? Total variable overhead variance?
| Fixed overhead | |
| Variable overhead | |
| Total FOH Variance | |
| Total VOH Variance |
3. CONCEPTUAL CONNECTION Break down the total fixed overhead variance into a spending variance and a volume variance.
| Fixed overhead analysis | |
|---|---|
| Spending variance | |
| Volume variance |
Check the significance of Spending variance and Volume variance. Check all that apply.
The volume variance is a signal of the loss or gain that occurred because of producing at a level different from the expected level.
The volume variance is the incorrect prediction of volume.
Each item’s variance should be analyzed to see if these costs can be reduced.
The volume variance is the correct prediction of volume.
Each item’s variance should be analyzed to see if these costs can be increased.
The spending variance is the difference between planned and actual costs.
4. CONCEPTUAL CONNECTION Compute the variable overhead spending and efficiency variances.
| Variable overhead analysis | |
|---|---|
| Spending variance | |
| Volume variance |
Check the significance of Spending variance and Volume variance. Check all that apply.
The variable overhead spending variance is the difference between the budgeted costs for the actual hours used and the actual variable overhead costs.
The variable overhead efficiency variance is not the savings or extra cost attributable to the efficiency of labor usage.
The variable overhead spending variance is the difference between the actual variable overhead costs and the budgeted costs for the actual hours used.
The variable overhead efficiency variance is the savings or extra cost attributable to the efficiency of labor usage.
Journal entries for overhead variances were not discussed in this chapter. Typically, the overhead variance entries happen at the end of the year. Assume that applied fixed (variable) overhead is accumulated on the credit side of the fixed (variable) overhead control account. Actual fixed (variable) overhead costs are accumulated on the debit side of the respective control accounts. At the end of the year, the balance in each control account is the total fixed (variable) variance. Create accounts for each of the four overhead variances and close out the total variances to each of these four variance accounts. These four variance accounts are then usually closed to Cost of Goods Sold. Form a group with two to four other students, and prepare the journal entries that isolate the four variances. Finally, prepare the journal entries that close these variances to Cost of Goods Sold.
PAGE 10
GENERAL JOURNAL
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In: Accounting
The demand for tennis rackets can be characterized by the following point elasticities: price elasticity = -1.5, cross-price elasticity with tennis club membership fees= -2.0, and income elasticity = 3.0. Indicate whether each of the following statements is true or false, and explain your answer.
A. A price increase for tennis rackets will decrease both the number of units demanded and the total revenue of sellers.
B. The cross-price elasticity indicates that a 2% reduction in the price of tennis rackets will cause a 4% increase in tennis club membership demand.
C. Tennis rackets are cyclical normal goods.
D. Falling tennis club membership fees will definitely increase revenues received by sellers of both tennis rackets and tennis club memberships.
E. A 2% price reduction in tennis racket prices would be necessary to overcome the effects of a 1.5% decline in income.
In: Economics
At the end of the year, a company offered to buy 4,200 units of a product from X Company for a special price of $11.00 each instead of the company's regular price. The following information relates to the 69,100 units of the product that X Company has already made and sold to its regular customers:
| Total | Per-Unit | |||
| Revenue | $1,312,900 | $19.00 | ||
| Cost of Goods Sold | ||||
| Variable | 463,661 | 6.71 | ||
| Fixed | 128,526 | 1.86 | ||
| Selling and Administrative Costs | ||||
| Variable | 95,358 | 1.38 | ||
| Fixed | 71,864 | 1.04 | ||
| Profit | $553,491 | $8.01 | ||
The special order product has some unique features that will
require additional material costs of $0.90 per unit and the rental
of special equipment for $3,000.
The marketing manager thinks that if X Company accepts the special
order, regular customers will be lost, with demand falling by 800
units. This loss in sales will cause firm profits to fall by
______________?
In: Accounting
Each person in a large sample of German adolescents was asked to
indicate which of 50 popular movies they had seen in the past year.
Based on the response, the amount of time (in minutes) of alcohol
use contained in the movies the person had watched was estimated.
Each person was then classified into one of four groups based on
the amount of movie alcohol exposure (groups 1, 2, 3, and 4, with 1
being the lowest exposure and 4 being the highest exposure). Each
person was also classified according to school performance. The
resulting data is given in the accompanying table.
Assume it is reasonable to regard this sample as a random sample of
German adolescents. Is there evidence that there is an association
between school performance and movie exposure to alcohol? Carry out
a hypothesis test using
α = 0.05.
| Alcohol Exposure Group | |||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | ||
|
School Performance |
Excellent | 111 | 94 | 51 | 67 |
| Good | 329 | 325 | 318 | 297 | |
| Average/Poor | 239 | 259 | 312 | 319 | |
State the null and alternative hypotheses.
H0: Alcohol exposure and school performance
are not independent.
Ha: Alcohol exposure and school
performance are independent. H0: The
proportions falling into the alcohol exposure categories are not
all the same for the three school performance groups.
Ha: The proportions falling into the
alcohol exposure categories are the same for the three school
performance groups. H0:
The proportions falling into the alcohol exposure categories are
the same for the three school performance groups.
Ha: The proportions falling into the
alcohol exposure categories are not all the same for the three
school performance groups. H0: Alcohol exposure
and school performance are independent.
Ha: Alcohol exposure and school
performance are not independent.
Calculate the test statistic. (Round your answer to two decimal
places.)
χ2 =
What is the P-value for the test? (Round your answer to
four decimal places.)
P-value =
What can you conclude?
Do not reject H0. There is not enough evidence to conclude that there is an association between alcohol exposure and school performance. Reject H0. There is convincing evidence to conclude that there is an association between alcohol exposure and school performance. Do not reject H0. There is not enough evidence to conclude that the proportions falling into the alcohol exposure categories are not all the same for the three school performance groups. Reject H0. There is convincing evidence to conclude that the proportions falling into the alcohol exposure categories are not all the same for the three school performance groups.
You may need to use the appropriate table in Appendix A to answer
this question.
In: Math
To more efficiently manage its inventory, Treynor Corporation
maintains its internal inventory records using first-in, first-out
(FIFO) under a perpetual inventory system. The following
information relates to its merchandise inventory during the
year:
| Jan. | 1 | Inventory on hand—28,000 units; cost $13.90 each. | ||
| Feb. | 12 | Purchased 78,000 units for $14.20 each. | ||
| Apr. | 30 | Sold 50,000 units for $21.70 each. | ||
| Jul. | 22 | Purchased 58,000 units for $14.50 each. | ||
| Sep. | 9 | Sold 78,000 units for $21.70 each. | ||
| Nov. | 17 | Purchased 48,000 units for $14.90 each. | ||
| Dec. | 31 | Inventory on hand—84,000 units. |
Required:
1. Determine the amount Treynor would calculate internally
for ending inventory and cost of goods sold using first-in,
first-out (FIFO) under a perpetual inventory system.
2. Determine the amount Treynor would report
externally for ending inventory and cost of goods sold using
last-in, first-out (LIFO) under a periodic inventory system.
3. Determine the amount Treynor would report for
its LIFO reserve at the end of the year.
4. Record the year-end adjusting entry for the
LIFO reserve, assuming the balance at the beginning of the year was
$18,000.
Determine the amount Treynor would calculate internally for ending inventory and cost of goods sold using first-in, first-out (FIFO) under a perpetual inventory system. (Round "Cost per Unit" to 2 decimal places.)
| Perpetual FIFO: | Cost of Goods Available for Sale | Cost of Goods Sold - April 30 | Cost of Goods Sold - September 9 | Inventory Balance | |||||||||
| # of units | Cost per unit | Cost of Goods Available for Sale | # of units sold | Cost per unit | Cost of Goods Sold | # of units sold | Cost per unit | Cost of Goods Sold | Total Cost of Goods Sold | # of units in ending inventory | Cost per unit | Ending Inventory | |
| Beg. Inventory | $0.00 | $0.00 | $0 | $0.00 | $0 | ||||||||
| Purchases: | |||||||||||||
| February 12 | 0.00 | 0.00 | 0.00 | 0 | |||||||||
| July 22 | 0.00 | 0 | 0.00 | 0.00 | |||||||||
| November 17 | 0.00 | 0.00 | 0.00 | ||||||||||
| Total | 0 | $0 | 0 | $0 | 0 | $0 | $0 | 0 | $0 | ||||
Determine the amount Treynor would report externally for ending inventory and cost of goods sold using last-in, first-out (LIFO) under a periodic inventory system.
| LIFO | Cost of Goods Available for Sale | Cost of Goods Sold - Periodic LIFO | Ending Inventory - Periodic LIFO | ||||||
| # of units | Cost per unit | Cost of Goods Available for Sale | # of units sold | Cost per unit | Cost of Goods Sold | # of units in ending inventory | Cost per unit | Ending Inventory | |
| Beginning Inventory | $0.00 | $0 | $0.00 | ||||||
| Purchases: | |||||||||
| Feb 12 | $0.00 | $0.00 | |||||||
| Jul 22 | $0.00 | $0.00 | |||||||
| Nov 17 | $0.00 | $0.00 | |||||||
| Total | 0 | $0 | 0 | $0 | 0 | $0 | |||
In: Accounting
Evergreen Corporation is preparing the master budget for the third quarter ending March 31, 2009. It sells a single product for $20 a unit. Sales are 25% cash and 75% credit. The credit sales are collected 30% in the month of the sale and the remaining 70% is collected in the next month. No credit sales occurred in December 2008. The December 31 inventory of finished goods is 15,000 units and projected sales are 20,000, 55000, 65,000, 75,000, and 85,000 units for the first months of the year. The desired ending inventory for each month is 35% of the next month's sales. The inventory of Finished Goods expected to be on hand on April 30 is 10,500 units. Each Finished Unit requires 2 kilograms of materials at a cost of $1.00 per kilo and it takes 15 minutes to complete one unit. Evergreen anticipates having 20,000 kilos of materials on hand at December 31, 2008. The company requires 15% of the next month production materials needs to be available before the start of the month. Labour is paid at the rate of $9.00 per hour and is paid when incurred. Production overhead is incurred based on units of production and costs $1.50 per unit. Sixty percent of the purchases are paid in the month of purchase and 40% are paid in the following month. Purchases in December 2008 were $232,500.
Operating expenses are paid in the month incurred and consist of sales commissions (8% of sales), shipping cost (4% of sales), office salaries of $15,000 a month, advertising of $2,800 per month, and amortization of $3,200 per month, and other miscellaneous expenses of $4,500 per month. The cash balance must not be negative. The beginning cash balance is $48,000. Loans are obtained at the end of the month in which a cash shortage occurs and are made in even multiples of $1,000. Interest is 1% per month based on the beginning-of-month loan balance and must be paid at the end of each month when the loan is repaid. Evergreen paid $4,000 in cash dividends in January and purchased land for $150,000 in March paying cash.
| Cost per Unit | ||||||
| Amount per unit | Measure | Cost | Produced | |||
| Direct Material | kg/unit | |||||
| Direct Labour | per hour | |||||
| Total Manufacturing Overhead | ||||||
| Evergreen | ||||||
| Income Statement | ||||||
| First Quarter, 2009 | ||||||
| January | February | March | TOTAL | |||
| Sales | ||||||
| Less Cost of Sales | ||||||
| Gross Margin | ||||||
| Operating Expenses | ||||||
| Income from Operatins | ||||||
| Interest Expense | ||||||
| Net Income | ||||||
In: Accounting