Roberds Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting:
| Fixed element per month |
Variable element per student | Variable element per course | ||||||||||
| Revenue | $ | 0 | $ | 228 | $ | 0 | ||||||
| Faculty wages | $ | 0 | $ | 0 | $ | 2,960 | ||||||
| Course supplies | $ | 0 | $ | 38 | $ | 26 | ||||||
| Administrative expenses | $ | 25,800 | $ | 13 | $ | 38 | ||||||
In March, the school budgeted for 1,770 students and 74 courses. The school's income statement showing the actual results for the month appears below:
| Roberds Tech | |||
| Income Statement | |||
| For the Month Ended March 31 | |||
| Actual students | 1,670 | ||
| Actual courses | 77 | ||
| Revenue | $ | 341,340 | |
| Expenses: | |||
| Faculty wages | 207,950 | ||
| Course supplies | 55,590 | ||
| Administrative expenses | 51,562 | ||
| Total expense | 315,102 | ||
| Net operating income | $ | 26,238 | |
Required:
Prepare a flexible budget performance report showing both the school's activity variances and revenue and spending variances for March. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
In: Accounting
A clothes factory wants to produce school uniforms for high school students. To get an idea on the sizes of the clothes the factory collected data on the height of 30 high school students. The data are measured in centimeters and recorded in the following table.
|
Student # |
Height |
Student # |
Height |
|
1 |
150 |
16 |
168 |
|
2 |
156 |
17 |
159 |
|
3 |
162 |
18 |
163 |
|
4 |
153 |
19 |
177 |
|
5 |
166 |
20 |
172 |
|
6 |
157 |
21 |
162 |
|
7 |
168 |
22 |
174 |
|
8 |
176 |
23 |
161 |
|
9 |
169 |
24 |
175 |
|
10 |
157 |
25 |
162 |
|
1 I |
175 |
26 |
160 |
|
12 |
164 |
27 |
174 |
|
13 |
166 |
28 |
173 |
|
14 |
167 |
29 |
167 |
|
15 |
1 84 |
30 |
1 62 |
In: Statistics and Probability
Roberds Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting:
| Fixed element per month |
Variable element per student | Variable element per course | ||||||||||
| Revenue | $ | 0 | $ | 273 | $ | 0 | ||||||
| Faculty wages | $ | 0 | $ | 0 | $ | 3,050 | ||||||
| Course supplies | $ | 0 | $ | 47 | $ | 35 | ||||||
| Administrative expenses | $ | 26,250 | $ | 22 | $ | 47 | ||||||
In March, the school budgeted for 1,860 students and 83 courses. The school's income statement showing the actual results for the month appears below:
| Roberds Tech | |||
| Income Statement | |||
| For the Month Ended March 31 | |||
| Actual students | 1,760 | ||
| Actual courses | 86 | ||
| Revenue | $ | 386,340 | |
| Expenses: | |||
| Faculty wages | 212,450 | ||
| Course supplies | 60,090 | ||
| Administrative expenses | 72,062 | ||
| Total expense | 344,602 | ||
| Net operating income | $ | 41,738 | |
Required:
Prepare a flexible budget performance report showing both the school's activity variances and revenue and spending variances for March. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
In: Accounting
John J. is a school nurse at Jackson Elementary School, which
was built in 1960. Nurse John hasnoticed that many students from
Ms. Zee’s second grade class have come to the clinic
complaining about coughing, sneezing, runny nose, and watery eyes.
Nurse John has also observed that Steven Tea, the only asthmatic
student in Ms. Zee’s class, has had more asthma
attacks this year than he did last year. Because the rest of the
school is not experiencing the same respiratory problems, Nurse
John is concerned that something in Ms. Zee’s classroom is
causing students to feel ill.
Nurse John decides to visit Ms. Zee’s classroom. Upon entering the
classroom, one of the few located in the school’s basement, John is
struck by the powerful musty smell that inhabits the
room. While talking to Ms. Zee, John learns that the classroom has
“smelled bad for years,” and that students from previous years have
complained about respiratory problems. Nurse John notes that Ms.
Zee has stuffed a blanket at the base of the classroom’s small
rectangular window near the ceiling because the window does not
close completely. John suspects that Ms. Zee’s classroom walls are
contaminated with mold. Upon further research, Nurse John learns
that if water gets between the exterior and the interior of a
building’s wall, mold can grow in the moist environment. This
situation can occur as the result of construction defects in the
building (e.g., leaky windows). Nurse John also learns that people
who are exposed to extensive mold growth may experience allergic
reactions, such as hay fever-like allergy symptoms, and that people
who already have a chronic respiratory disease, such as asthma, may
experience difficulty breathing when exposed to mold. Nurse John is
concerned about the possible mold contamination effect on his
asthmatic student, Steven.
DIRECTION: Using Nursing process you are assign to make a Community Care Plan, your main focus Of your nursing care plan is to facilitate standardized, evidence-based and holistic care.
Format
Introduction
- Introduction about the problem
Body
- Assessment
- Community Diagnosis or statement of the problem:
Recommendation:
| Specific objective (at least two) |
Intervention | Resources needed |
Time Table | Outcome Criteria |
| Use SMART as your guide in creating a good objective |
Independent Dependent Management |
Link with available resources |
Achieve within specified time frame |
Determine if objective had met. |
In: Nursing
To complete your last year in business school and then go through law school, you will need $35,000 per year for 4 years, starting next year (that is, you will need to withdraw the first $35,000 one year from today). Your uncle offers to put you through school, and he will deposit in a bank paying 9.73% interest a sum of money that is sufficient to provide the 4 payments of $35,000 each. His deposit will be made today.
In: Finance
In a certain high school, uniforms are optional. A study shows that high school students who wear uniforms have a lower grade average than students who don't wear uniforms. From this study, the school administration claims that they should not require the students to wear uniforms because that is the cause of the lowering grades. Another possible explanation is that students who wear uniforms are poorer than the students who don't wear uniforms and the economic situation of their parents is causing the lower grades.
a) What is the explanatory variable in this study?
economic situation
poorer grades.
wearing a uniform.
b) What is the response variable in this study?
economic situation
wearing a uniform.
poorer grades.
c) What is the lurking variable in this study?
poorer grades.
wearing a uniform.
economic situation
d) Draw a diagram that explains your answers. (Possible diagrams are causation, common response, or confounding). Be sure to label all variables in the diagram
In: Statistics and Probability
Shyan’s School Spot sells a variety of school supplies including a variety of calculators. The business began the first quarter (January to March) of 2018 with 20 (Casio fx-85MS) calculators at a total cost of $124,800. During the quarter, the company completed the following transactions.
January 8 105 calculators were purchased at a cost of $5,840 each. In addition, the business paid a freight charge of $610 cash on each calculator to have the inventory shipped from the point of purchase to their warehouse.
January 31 The sales for January were 85 calculators which yielded total sales revenue of $767,550. (25 of these units were sold on account to longstanding customers)
February 4 A new batch of 65 calculators was purchased at a total cost of $448,500
February 10 10 of the instruments purchased on February 4 were returned to the supplier, as they were not of the model ordered.
February 28 During the month 58 calculators were sold at a price of $9,660 each.
March 4 A customer, to whom 9 bicycles were sold during the first business day of February, returned 2 of the instruments, as they were of another brand.
March 10 Owing to an increased demand, a further 118 calculators were purchased at a cost of $7,500 each; these were subject to a trade discount of 2% each.
March 31 125 calculators were sold during March at a unit selling price of $10,300.
March 31 An actual count of inventory was carried out which revealed that there were 28 units of that brand of merchandise in the store room.
Unless otherwise stated, assume that all purchases were on account and received on the dates stated. d: i) Prepare a perpetual inventory record for this merchandise, using the first in, first out (FIFO) method of inventory valuation to determine the company’s cost of goods sold for the quarter and the value of ending.
ii) Given that selling, distribution and administrative costs for the quarter were $112,840, $102,100 and $103,760 respectively, prepare an income statement for Shyan’s School Spot for the quarter ended March 31, 2018.
iii) Journalize the January transactions, assuming the company uses a: - Periodic inventory system - Perpetual inventory system
iv) The manager of Shyan’s has stated that his objective is to cut back on his tax liability and is of the view that the FIFO method would be best. Do you agree with him?
Part b Comtech Computers stores its inventory in a warehouse that was destroyed by Hurricane Irma in September 2018. The business began the year with inventory of $350,000. During the year, the business made net purchases of $1,600,000 and had net sales of $2,500,000. The company’s gross profit has historically been 30% of net sales revenue. Use the gross profit method to estimate the cost of the ending inventory destroyed in the hurricane.
In: Accounting
A professional school counselor wants to set up a group for high school students. List and explain at least 5 logistical issues the counselor needs to consider before the group can start. In addition, which ASCA Ethical Standards would need to be considered? Would the issues and ethical standards be the same or different at the elementary level? Would the issues and ethical standards be the same at the junior high level?
In: Psychology
The student population of the Corona High School is 750. The school has 25 standard classrooms. Assuming a 5-day school week with solid waste pickups on Monday and Thursday, determine the lowest cost combination of waste containers required.
Assume waste is generated at a rate of 0.10 kg/cap·day plus 4 kg per room per day and that the density of uncompacted solid waste is 120.0 kg/m3. Standard container sizes available and weekly rental fees are:
1.5 m3 @ $45 / wk
2.2 m3 @ $55 / wk
3.0 m3 @ $75 / wk
4.8 m3 @ $120 / wk
Select one:
a. One 4.8 cubic meter container
b. Two 2.2 cubic meter containers
c. One 1.5 cubic meter container plus one 3.0 cubic meter container
d. Two 1.5 cubic meter containers
e. One 1.5 cubic meter container plus one 2.2 cubic meter container
In: Civil Engineering
Sam's Beauty School is a privately owned beauty school that trains cosmetologists to earn their cosmetology license to become hair stylists and colorists. Sam's is open to the public for all hair services; students perform hair services for clients under the supervision of licensed cosmetologists that work at Sam's. Jan went the Sam's to have her hair colored dark brown as she had done many times, although this was Jan's first time as a client at Sam's. Tom, a student trainee at Sam's, colored her hair. Jan's hair turned green and fell out within 24 hours. Jan had never had any problems with hair color previously. Jan sued Sam's for negligence. Who wins and why? Be sure to provide the elements of negligence and how they would be applied in this case. Also raise any defenses to negligence that Sam’s may have.
In: Operations Management