Ace Janitorial Supply manufactures a cleaning solvent, Ace Zappo.
Purchase of Ammoniol: The main ingredient is a raw material called Ammoniol. It is purchased in 10-gallon containers at a cost of $155 per container, terms 2/10 n/30. Ace takes advantage of all cash discounts. Shipping terms are FOB Shipping Point; and charges amount to $264 for the shipment of fifty (50) of the 10-gallon containers of Ammoniol. Hazardous materials handlers are required at the receiving dock when the product arrives. These two employees, at an average labor rate of $24 per hour, require one and one-half (1½) each to unload and store the total of fifty (50) 10-gallon containers of Ammoniol.
Use of Ammoniol: The bill of materials calls for 4.86 quarts of Ammoniol per bottle of Ace Zappo Cleaning Solvent, the finished product. Approximately 10% of all Ammoniol is lost through spillage and evaporation (the 4.86 quarts in the actual content per bottle after evaporation and spillage). In addition, statistics show that every 26th bottle is rejected at final inspection.
Required: (1) Compute the standard price for one quart of Ammoniol.
(2) Compute the standard quantity in quarts per saleable bottle of Ace Zappo.
(3) Compute the standard cost of Ammoniol per saleable bottle of Ace Zappo.
Note: Show your work. Also, for consistency, please round your answers in all parts of the problem, (1) – (3), to two decimal places. Examples are $7.46, for (1) and (3), and 8.42 quarts for part (2).
In: Accounting
Ace Janitorial Supply manufactures a cleaning solvent, Ace Zappo.
Purchase of Ammoniol: The main ingredient is a raw material called Ammoniol. It is purchased in 10-gallon containers at a cost of $155 per container, terms 2/10 n/30. Ace takes advantage of all cash discounts. Shipping terms are FOB Shipping Point; and charges amount to $264 for the shipment of fifty (50) of the 10-gallon containers of Ammoniol. Hazardous materials handlers are required at the receiving dock when the product arrives. These two employees, at an average labor rate of $24 per hour, require one and one-half (1½) each to unload and store the total of fifty (50) 10-gallon containers of Ammoniol.
Use of Ammoniol: The bill of materials calls for 4.86 quarts of Ammoniol per bottle of Ace Zappo Cleaning Solvent, the finished product. Approximately 10% of all Ammoniol is lost through spillage and evaporation (the 4.86 quarts in the actual content per bottle after evaporation and spillage). In addition, statistics show that every 26th bottle is rejected at final inspection.
Required: (1) Compute the standard price for one quart of Ammoniol.
(2) Compute the standard quantity in quarts per saleable bottle of Ace Zappo.
(3) Compute the standard cost of Ammoniol per saleable bottle of Ace Zappo.
Note: Show your work. Also, for consistency, please round your answers in all parts of the problem, (1) – (3), to two decimal places. Examples are $7.46, for (1) and (3), and 8.42 quarts for part (2).
In: Accounting
NPVlong dash—Mutually
exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative replacement machines are under consideration. The relevant cash flows associated with each are shown in the following table:
LOADING...
. The firm's cost of capital is
1414%.
a. Calculate the net present value
(NPV)
of each press.
b. Using NPV, evaluate the acceptability of each press.
c. Rank the presses from best to worst using NPV.
d. Calculate the profitability index (PI) for each press.
e. Rank the presses from best to worst using PI.
|
Machine A |
Machine B |
Machine C |
|
| Initial investment
(CF 0CF0) |
$84 comma 90084,900 |
$60 comma 30060,300 |
$130 comma 500130,500 |
|
Year (t) |
Cash inflows
(CF Subscript tCFt) |
||
|
1 |
$17 comma 80017,800 |
$12 comma 50012,500 |
$49 comma 60049,600 |
|
2 |
$17 comma 80017,800 |
$14 comma 40014,400 |
$29 comma 90029,900 |
|
3 |
$17 comma 80017,800 |
$16 comma 50016,500 |
$19 comma 90019,900 |
|
4 |
$17 comma 80017,800 |
$17 comma 90017,900 |
$19 comma 60019,600 |
|
5 |
$17 comma 80017,800 |
$20 comma 00020,000 |
$20 comma 00020,000 |
|
6 |
$17 comma 80017,800 |
$25 comma 50025,500 |
$30 comma 40030,400 |
|
7 |
$17 comma 80017,800 |
long dash— |
$40 comma 10040,100 |
|
8 |
$17 comma 80017,800 |
long dash— |
$50 comma 300 |
In: Finance
Test the null hypothesis that the mean difference in the number of cases lost on appeal for the two groups of judges is zero against the alternative hypothesis that the untrained judges lose more cases on appeal. Use an alpha level of .01.
|
Judge |
Untrained |
Trained |
|
1 |
3 |
0 |
|
2 |
1 |
3 |
|
3 |
2 |
4 |
|
4 |
7 |
4 |
|
5 |
5 |
2 |
|
6 |
4 |
5 |
|
7 |
6 |
1 |
|
8 |
2 |
1 |
|
9 |
7 |
0 |
|
10 |
5 |
6 |
|
11 |
3 |
4 |
|
12 |
4 |
2 |
|
13 |
5 |
5 |
|
14 |
6 |
3 |
|
15 |
2 |
1 |
|
Paired Samples Correlations |
||||||||||||||
|
N |
Correlation |
Sig. |
||||||||||||
|
Pair 1 |
Untrained Judge & Trained Judge |
15 |
.049 |
.861 |
||||||||||
|
Paired Differences |
t |
df |
Sig. (2-tailed) |
|||||||||||
|
Mean |
Std. Deviation |
Std. Error Mean |
95% Confidence Interval of the Difference |
|||||||||||
|
Lower |
Upper |
|||||||||||||
|
Pair 1 |
Untrained Judge - Trained Judge |
1.40000 |
2.64035 |
.68173 |
-.06218 |
2.86218 |
2.054 |
14 |
.059 |
|||||
In: Statistics and Probability
Statistics exercise
Kruskal-Wallis H/One-way Between Groups (BG) ANOVA
Suppose you would like to know if political party affiliation (democrat, republican, libertarian) has an effect on how people feel about the war in Afghanistan. You ask people to rate on a scale from 1-100 how much they support the war effort. Use the data below to see if the groups differed.
|
Democrats |
Republicans |
Libertarians |
|
35 |
65 |
15 |
|
15 |
60 |
25 |
|
50 |
75 |
35 |
|
40 |
60 |
40 |
|
30 |
90 |
35 |
|
45 |
75 |
25 |
|
25 |
65 |
45 |
|
40 |
70 |
35 |
In: Statistics and Probability
Periodic Inventory by Three Methods; Cost of Merchandise Sold
The units of an item available for sale during the year were as follows:
| Jan. 1 | Inventory | 50 units @ $130 |
| Mar. 10 | Purchase | 60 units @ $138 |
| Aug. 30 | Purchase | 20 units @ $142 |
| Dec. 12 | Purchase | 70 units @ $148 |
There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used.
Determine the inventory cost and the cost of merchandise sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.
| Cost of Merchandise Inventory and Cost of Merchandise Sold | ||
| Inventory Method | Merchandise Inventory | Merchandise Sold |
| First-in, first-out (FIFO) | $ | $ |
| Last-in, first-out (LIFO) | ||
| Weighted average cost | ||
In: Accounting
Language for this question is Java
write the code for the given assignment
Given an n x n matrix, where every row and column is sorted in
non-decreasing order. Print all elements of matrix in sorted
order.Input:
The first line of input contains an integer T denoting the number
of test cases. Then T test cases follow. Each test case contains an
integer n denoting the size of the matrix. Then the next line
contains the n x n elements in row wise order.Output:
Print the elements of the matrix in sorted order.Constraints:
1<=T<=100
1<=n<=100
1<=a[n][n]<=100Example:
Input:
2
4
10 20 30 40 15 25 35 45 27 29 37 48 32 33 39 50
3
1 3 4 2 6 7 5 8 9Output:
10 15 20 25 27 29 30 32 33 35 37 39 40 45 48 50
1 2 3 4 5 6 7 8 9
In: Computer Science
1. T The following data represents the number of days absent from school in one school year for a sample of 40 students in Ms. Jinn’s fourth grade class.
0 1 2 2 2 4 5 5 7 7
7 7 8 8 8 8 8 8 10 10
12 12 12 13 14 14 14 14 15 15
16 18 20 20 22 23 24 26 26 34
In: Statistics and Probability
Kitchen Supply, Inc. (KSI), manufactures three types of flatware: institutional, standard, and silver. It applies all indirect costs according to a predetermined rate based on direct labor-hours. A consultant recently suggested that the company switch to an activity-based costing system and prepared the following cost estimates for year 2 for the recommended cost drivers.
| Activity | Recommended Cost Driver |
Estimated Cost |
Estimated Cost Driver Activity |
||||
| Processing orders | Number of orders | $ | 36,750 | 175 | orders | ||
| Setting up production | Number of production runs | 180,000 | 100 | runs | |||
| Handling materials | Pounds of materials used | 260,000 | 130,000 | pounds | |||
| Machine depreciation and maintenance | Machine-hours | 286,000 | 13,000 | hours | |||
| Performing quality control | Number of inspections | 52,000 | 40 | inspections | |||
| Packing | Number of units | 122,500 | 490,000 | units | |||
| Total estimated cost | $ | 937,250 | |||||
In addition, management estimated 7,400 direct labor-hours for year 2.
Assume that the following cost driver volumes occurred in January, year 2:
| Institutional | Standard | Silver | |||||||
| Number of units produced | 62,000 | 23,000 | 11,000 | ||||||
| Direct materials costs | $ | 36,000 | $ | 27,000 | $ | 12,000 | |||
| Direct labor-hours | 460 | 470 | 560 | ||||||
| Number of orders | 12 | 9 | 7 | ||||||
| Number of production runs | 4 | 3 | 6 | ||||||
| Pounds of material | 13,000 | 5,000 | 2,900 | ||||||
| Machine-hours | 590 | 160 | 90 | ||||||
| Number of inspections | 3 | 2 | 3 | ||||||
| Units shipped | 62,000 | 23,000 | 11,000 | ||||||
Actual labor costs were $16 per hour.
Required:
a. (1) Compute a predetermined overhead rate for year 2 for each cost driver using the estimated costs and estimated cost driver units prepared by the consultant. (Round your answers to 2 decimal places.)
| Activity | Rate | |
| Processing orders | per order | |
| Setting up production | per run | |
| Handling materials | per pound | |
| Using machines | per machine hour | |
| Performing quality control | per inspection | |
| Packing | per unit |
(2) Compute a predetermined rate for year 2 using direct labor-hours as the allocation base. (Round your answer to 2 decimal places.)
| Predetermined rate per direct labor-hour |
b. Compute the production costs for each product for January using direct labor-hours as the allocation base and the predetermined rate computed in requirement a(2). (Do not round intermediate calculations.)
| Account | Institutional | Standard | Silver | Total |
| Direct Materials | $36,000 | $27,000 | $12,000 | $75000 |
| Direct Labor | ||||
| Indirect Costs | ||||
| Total Costs |
c. Compute the production costs for each product for January using the cost drivers recommended by the consultant and the predetermined rates computed in requirement a. (Note: Do not assume that total overhead applied to products in January will be the same for activity-based costing as it was for the labor-hour-based allocation.) (Do not round intermediate calculations.)
| Account | Institutional | Standard | Silver | Total |
| Direct Materials | $36,000 | $27,000 | $12,000 | $75,000 |
| Direct Labor | ||||
| Indirect Costs | ||||
| Processing orders | ||||
| Setting up production | ||||
| Handling materials | ||||
| Using machines | ||||
| Performing quality control | ||||
| Packing | ||||
| Total Cost |
In: Accounting
Reconsider your student ID in a binary format (as explained in the previous question) as the dataword. 2.1) Find the codeword corresponding to this dataword using the CRC error detection technique, and the divisor polynomial g(x) = x3+x2+1. Do Binary division with 0s and 1s. 2.2) Compute now the codeword corresponding to this dataword assuming that the divisor polynomial that is used is f(x) = x5+1. Do Polynomial division. 2.3) Assume that an error corrupted the first two bits of the dataword; show how the CRC technique allows you to detect such an error using the divisor of question 2.2.720 is the id to be considered..
In: Computer Science