Questions
The company is now beginning to realize their long-term dream: selling costuming. Johnny believes that “every...

The company is now beginning to realize their long-term dream: selling costuming.

Johnny believes that “every artist is unique” and would like to track the company’s inventory using a job costing technique. Moira, on the other hand, believes that “all the world’s a stage” and that a process costing technique should work fine. They’ve come to you for help. They’d like to know what their inventory accounts and cost of goods sold would look like under each method. They’ve done their best to compile all of the cost information they believe you’ll need; however, as they are not accountants, it may not be organized ideally. You pick up their file and see the following information:

   

Beginning of the year estimates:

Direct Materials – Cotton

$210,000

WIP Units:

6,800

Direct Materials – Lace

$350,000

BOY WIP Value:

$42,860

Direct Labor

$350,000

WIP Status:

MOH:

$170,000

Input

Completion

Value

Machine Hours:

20,500

Direct Material – Cotton

30% Complete

$11,000

Direct Labor Hours

80,000

Direct Material - Lace

25% Complete

$20,980

Cost Allocation Base

Machine Hours

Conversion Costs

45% Complete

$10,880

End of the year Actuals:

Direct Materials – Cotton

$200,000

WIP Units:

4,420

Direct Materials – Lace

$180,000

WIP Value:

???

Direct Labor

$320,000

WIP Status:

MOH:

$164,000

Input

Completion

Value

Machine Hours:

21,242

Direct Material – Cotton

65% Complete

???

Direct Labor Hours

79,870

Direct Material - Lace

80% Complete

???

Completed Units

18,900

Conversion Costs

90% Complete

???

Direct Material Purchases (total)

$425,000

MOH Bills:

Electric Payable

$42,000

Rent Payable

$36,000

Depreciation

$21,000

Indirect Materials

$12,000

Indirect Labor

$14,000

Taxes Payable

$39,000

Beginning of the year account balances

Direct Materials – total

$50,000

WIP

$82,000

Finished Goods

$17,000

REQUIREMENTS:

  1. Calculate the value of the End of Year WIP and Finished Goods using Johnny’s preferred job-costing technique.
  2. Journalize all necessary journal entries for this job-costing technique in the job-costing tab of the project template. Johnny prefers any over/under-allocation be closed to COGS.

In: Accounting

5. Amy, who is thirty seven years old, is a single mother with two children. Amy...

5. Amy, who is thirty seven years old, is a single mother with two children. Amy is employed as a

laboratory chemist with a national company. She is in good health. Her son Jimmy, age five, is

an active and healthy boy. Lane, her daughter, is an inquisitive and healthy eight-year-old girl.

Amy has come to you for advice about choosing the most appropriate health insurance plan for

her family, as well as preparing for future health insurance issues.

a. If Amy decides to join an HDHP at her work, what must she also contribute to at that time?

b. What factors should Amy consider when deciding to use an HDHP with an HSA?

c. Amy is wondering which of the following events will allow her to change her employersponsored

FSA election: (a) She gets married, (b) she adopts a baby, (c) her son is admitted

to a hospital for surgery, or if she is married and her spouse is fired from his job.

d. If Amy uses an HDHP plan, with an HSA, may she contribute to a health care FSA? May she

contribute to a dependent care FSA?

e. Although Amy is too young to purchase a Medigap or Medicare SELECT plan, she would

like to learn more about these policies for when she retires. If she were to purchase a

Medigap policy, she would want the policy to cover very large, unexpected, and catastrophic

expenses. She is also interested in a lower price plan. What plan would be appropriate for

Amy (select from one of the standard plans)?

f. When would it make sense for Amy to purchase a specified disease policy?

g. What health factors should be monitored as an element of the comprehensive financial

planning process?

h. At which age will Amy trigger a qualifying event under COBRA?

i. Health care coverage is a primary concern for many single mothers. The idea of being

without adequate insurance to cover health expenses for children is a worry for many. What

options are available to Amy should she accept a position at another firm and be without

coverage for a short period of time?

In: Economics

U2 is a famous band with studio albums that span the 1980’s, 1990’s, and 2000’s.  Suppose you...

U2 is a famous band with studio albums that span the 1980’s, 1990’s, and 2000’s.  Suppose you have a friend who has not heard of this band but wants to become familiar with their music. Here is a summary of their studio album recordings:

Year Released            Album Name                                                                   Number of Songs

1980                            Boy                                                                                    11

1981                            October                                                                             11

1983                            War                                                                                   10

1984                            Unforgettable Fire                                                             10

1987                            The Joshua Tree                                                                11

1988                            Rattle and Hum                                                                 17

1991                            Achtung Baby                                                                   12

1993                            Zooropa                                                                             10

1997                            Pop                                                                                    12

2000                            All That You Can't Leave Behind                                     11

2004                            How to Dismantle an Atomic Bomb                                11

2009                            No Line on the Horizon                                                    11

2014                            Songs of Innocence                                                           11

                                    TOTAL                                                                            148

Suppose your friend does not have time to listen to every track on their albums, and instead wants to take a sample of their songs to listen to in order to familiarize himself with the music.

Your friend decides he has time to listen to about 40 songs (give or take a few as needed) and wants those songs to be representative of the group’s music.

  1. Suppose your friend created an online poll and asked people to name their favorite U2 song, and he listened to the 40 songs that got the most votes.  What do you think of this approach in this situation?  Explain.

  1. Explain briefly how your friend could choose a simple random sample of 40 songs from U2.

  1. Suppose your friend is concerned with the possibility of the simple random sample choosing too many songs from one era of the band (and therefore not giving a good representation of their music overall).   What sampling approach would you recommend for him now?  Explain briefly.
  1. Suppose your friend believes strongly that you have to listen to an entire album to really get the sense of the band’s music, because “each album is like its own story”.  What sampling method would you suggest to your friend now?   Explain a few specifics of how your friend could conduct this approach.

  1. Which approach in parts (a) through (d) would you recommend overall?  Explain your choice.

In: Statistics and Probability

You are a new graduate registered nurse working in the paediatric ward of your local hospital....

You are a new graduate registered nurse working in the paediatric ward of your local hospital.

Sam Nicolaides is a nine-year-old boy who until recently has been in good health. Sam lives with his mother and father and two siblings. Following a respiratory virus a few weeks ago he has been slow to recover, lacking in his usual energy. He has been hungry and thirsty all the time, and has recently begun wetting the bed, which he has not done for many years.

Sam presented to the Accident and Emergency department two day ago with nausea, abdominal pain and feeling generally unwell. His observations taken on admission were:

Blood pressure 80/50mmHG, pulse 140, respiratory rate 28 deep and sighing with an unusual sweet smell to the breath, oxygen saturation 100%, temperature 37.2 degrees Celsius. Urinalysis SG1025, pH 5, sugar++++ ketones+++ no other abnormalities. BGL 28mmol/L.

A medical diagnosis of Diabetes type 1 with keto-acidosis was made.

Question 6. Maximum word limit 120 words (approximately 30 words per section)

Briefly explain the pathophysiology causing the following symptoms Sam was experiencing on admission:

  1. Glycosuria
  2. Thirst
  3. Ketonuria
  4. Kussmaul breathing

Question 7. Maximum word limit 50 words.

List four (4) ongoing nursing assessments, other than vital signs, that will be required to monitor Sam’s fluid status and ensure safe fluid replacement therapy over the next 48 hours.

Question 8. Maximum word limit 150 words.

Explain the concept of family centred care and why this is important to the physical and psychological care for Sam.

Question 9. Maximum word limit 150.

For the ongoing management of type 1 diabetes, current best practice recommends an intensive insulin therapy regime called multiple dose insulin (MDI) or basal/bolus regime. Explain:

  1. What this insulin regime involves and
  2. Discuss why this is considered best practice management for type 1 diabetes.

Question 10. Maximum word limit 150 words

Explain what the HbA1c test is and why it is important in the management of patients with diabetes.

In: Nursing

Question 1: Part a) A game consists of drawing 1 card from a standard deck of...

Question 1:

Part a) A game consists of drawing 1 card from a standard deck of 52 cards. If you draw an Ace you win $50. If you draw a Jack, Queen, or King you win $20. If you draw a 10, 9 or 8 you win $15. If you draw anything lower than an 8, you don’t win anything. If it costs $10 to play, what is your expected value?

Part b) It costs $180/yr to buy insurance for your bike. The probability that your bike will be stolen in your neighborhood 13% each year. If your bike is stolen, your insurance company will pay $1,000 to replace your bike. Based on expected value, should you buy insurance? Show work and support your answer.

Part c) You are a school nurse and you order band-aides from a local company. The band-aides are packaged in boxes of 50. Quality control studies have shown that 3% of the band-aides are defective. As a nurse, what is the maximum number of band-aides you should plan on throwing out of each box? Round your answer to 2 decimal places.

Part d) A recent study found that 76% of public school teachers are female. Eight teachers are randomly selected. Find the probability that at least 7 of them are women. Round your answer to 4 decimal places.

Question

Part a) A recent survey found that 55% of young adults claim it’s easy to text while driving. You take a random sample of 5 young adults and ask if they feel it is easy to text and drive. Set up the table for the binomial distribution. Round your answers to 4 decimal places.

Part b) A family is planning on having 5 children. A baby food company told the family that they would award them $10,000 if they have exactly 1 boy, exactly 1 girl, all boys or all girls. In all other cases the baby food company would award them $2,000. What is the expected value for the family?

Please answer all parts to the question, I will give thumbs up to anyone who answers them right away.

In: Statistics and Probability

1.Which is true about sickle-cell anemia? Choose all that are true. The allele that causes the...

1.Which is true about sickle-cell anemia? Choose all that are true.

The allele that causes the disease is recessive.

Natural selection favors the heterozygote in areas with malaria.

The mutation that causes it is a SNP.

People homozygous for the sickling allele experience episodes of severe pain that may permanently damage their vital organs.

2.What was probably a selective pressure against dark skin in the our earliest ancestors to leave Africa?

Spina bifida from excessive ultraviolet light.

Rickets from a Vitamin D deficiency.

Lactose intolerance.

A combination of sickle-cell anemia and malaria.

3.What must have been the original cause of lighter skin color in our ancestors?

Skin cancer

Mutation

Natural selection

Rickets

4.The major differences among human populations today are in

anatomy (such as facial structure).

culture (no consistent biological differences).

cephalic index (measurements of the skull).

skin color (measured as reflectance).

5.There are many ways to classify humans. Which of the following is WRONG?

As strepsirhines.

As catarrhines.

As primates.

As apes.

6.The differences between strepsirhines and haplorhines include nose structures.

False

True

7.Which of the following is true about non-human ape material culture?

They use tools, but they don't make them.

They make and use tools, but only in captivity.

They don't use tools.

Chimpanzees make and use tools, but not the other non-human apes.

All the Great Apes make and use tools in the wild.

8.Which of the following is true about non-human primate communication? Choose all that are right.

They don't communicate.

They have languages.

Some monkeys have specific alarm calls for different predators.

Haplorhines communicate with facial expressions.

Lemurs and lorises communicate with scent.

9.Using a relative dating technique, we could determine:

if a fossil qualified as a relative of the primates

the exact age of a given fossil relative

whether one fossil is younger or older than another fossil

10.What can you date with radiocarbon dating?

Fossil bones of Turkana Boy.

Anything that was once alive within the last 50,000 years.

Layers (strata) between 50 and 100 kya.

Volcanic materials older than 100,000 years.

In: Biology

B. E. is a 68-year-old man who presents to the outpatient office with continuing visual pain...

B. E. is a 68-year-old man who presents to the outpatient office with continuing visual pain and joint pain in his left knee. As you begin taking his history, you notice he is wearing a hearing aid. You decide to do a functional assessment.

He states that he can bathe himself as long as he sits down to bathe but cannot climb into the bathtub. His wife has placed a chair in the bathroom for him to use during bathing. He has not difficulty with toileting, dressing, or eating but “gets tired and sore” if he walks more than a block. He dreads going to stores because he can’t “walk that much” and relies on his wife for grocery shopping, housekeeping, cooking, and doing the laundry. He hires a neighborhood boy to mow the lawn. He is able to drive without difficulty; his car has automatic transmission. He lives in a two-story house and says that once he is downstairs for the day, he tries not to go upstairs until bedtime. His home has one bathroom on the lower level. He is a retired postal worker and enjoys spending time with his wife in the flower garden. Lately the knee pain has kept him from doing his gardening chores. He is active in his church and local civic clubs. He and his wife have been looking forward to a seniors’ cruise that is scheduled in 2 months.

1)     What are three additional questions you might ask regarding his history?

2)     What is your assessment of B. E.’s self-care ability? Are there other questions that may be included in a functional assessment?

3)     What can you do to enhance your communication with B. E. during the interview and examination?

4)     When assessing his hearing, B. E. states he has worn his hearing aids for 2 years. He says that in the last few months it seems to be less effective although he replaced the battery. What could be causing this hearing loss?

5)     On the basis of the above assessment, what are expected findings in the aging person?

In: Nursing

Assume that, on January 1, 2019, P Company acquired a 70% interest in its subsidiary, S...

Assume that, on January 1, 2019, P Company acquired a 70% interest in its subsidiary, S Company. The aggregate fair value of the controlling and noncontrolling interest was $400,000 in excess of S Company’s Stockholders’ Equity on the acquisition date. The parent uses the equity method to account for its investment in S company. The parent assigned the acquisition accounting premium (AAP) as follows:

AAP Item

Initial Fair Value

Useful Life (years)

PPE, net

$220,000

10

Customer List

120,000

10

Goodwill

60,000

Indefinite

$400,000

P Company and S Company report the following financial statements at December 31, 2023:

Income Statement

Parent

Subsidiary

Sales

$6,500,000

$600,000

Cost of goods sold

-4,250,000

-350,000

Gross Profit

2,250,000

250,000

Income (loss) from subsidiary

74,000

Operating expenses

-1,250,000

-142,000

Net income

$1,074,000

$108,000

Statement of Retained Earnings

Parent

Subsidiary

BOY Retained Earnings

$7,900,000

$958,000

Net income

1,074,000

108,000

Dividends

-102,540

-18,750

EOY Retained Earnings

$8,871,460

$1,047,250

Balance Sheet

Parent

Subsidiary

Assets:

Cash

$500,000

$250,000

Accounts receivable

2,045,000

425,000

Inventory

657,000

624,500

Equity Investment

1,331,475

PPE, net

9,507,985

511,750

$14,041,460

$1,811,250

Liabilities and Stockholders’ Equity:

Current Liabilities

$900,000

$370,000

Long-term Liabilities

1,570,000

0

Common Stock

600,000

42,000

APIC

2,100,000

352,000

Retained Earnings

8,871,460

1,047,250

$14,041,460

$1,811,250

15.       Based on the given financial statements, the computation of the pre-consolidation income (loss) from subsidiary of $74,000 reported by the parent includes a deduction for:

a.   $25,000 for excess attributable to depreciation and amortization

b.   $34,000 for excess attributable to depreciation and amortization

c.   $13,125 for 70% of dividends declared and paid by S Company

d.   $75,600 for 70% of the net income of subsidiary

16.       The December 31, 2023 pre-consolidation balance of the equity investment accounting equals $1,331,475 (i.e., 5 years subsequent to the acquisition).

On this date, the equity investment balance implicitly includes:

a.   Dividends, $121,290

b.   Goodwill, $60,000

c.   Goodwill, $48,000

d.   Unamortized AAP excluding Goodwill, $204,000

In: Accounting

18.The stem cells of the epidermis are found in the A. Dermis B. Stratum basale C....

18.The stem cells of the epidermis are found in the A. Dermis

B. Stratum basale
C. Stratum corneum
D. Stratum granulosum E. Stratum lucidum

19.The movement of the interphalangeal joints as a person makes a fist is known as A. Abduction

B. Adduction
C. Circumduction D. Extension
E. Flexion

20.Which of the following people is most likely to get scoliosis? A. A person who falls on his head
B. A pregnant woman
C. A teenaged boy

D. A teenaged girl
E. An elderly woman

21.When you stand on your tiptoes, the movement at the ankle joint is known as A. Dorsiflexion
B. Downward rotation
C. Extension

D. Lateral flexion E. Plantar flexion

22.Which of the following structures is found in the knee, but not in the elbow? A. Annular ligament
B. Condyle
C. Joint capsule

D. Meniscus E. Tuberosity

23.Which of the following joints is made primarily of fibrous cartilage? A. Atlantoaxial joint
B. Costal cartilage
C. Intervertebral disc

D. Sternoclavicular joint E. Zygapophyseal joint

24.Medial rotation of the radio-ulnar joint is also known as A. Circumduction
B. Inversion
C. Left rotation

D. Pronation E. Supination

25.Which joint type contains a joint capsule? A. Gomphosis
B. Symphysis
C. Synchondrosis

D. Syndesmosis E. Synovial

26.Which of the following ribs is a floating rib? A. 1

B. 7 C. 8 D. 10 E. 12

27.This bone articulates directly with the radius A. Clavicle

B. First metacarpal C. Pisiform
D. Scaphoid
E. Trapezium

28.A difference between connective tissue and epithelial tissue is A. Cells in connective tissue are held together by tight junctions B. Cells in epithelial tissues are regularly found in lacunae
C. Connective tissue normally contains more cells

D. Connective tissues may be involved in storage of fat E. Epithelial tissues often produce collagen fibers

29.A person with very dark skin will have more __________ than a person with very light skin

A. Blood
B. Carotene
C. Melanin
D. Stratum basale E. Stratum corneum

In: Anatomy and Physiology

Great Adventures Problem AP9-1 (GL) Tony’s favorite memories of his childhood were the times he spent...

Great Adventures Problem AP9-1 (GL) Tony’s favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of property for sale. He turned to Suzie and said, “I’ve always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place.” On November 1, 2022, Great Adventures purchased the land by issuing a $780,000, 6%, 10-year installment note to the seller. Payments of $8,660 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $8,660 includes both interest expense and principal payments (i.e., reduction of the loan amount). Late that night Tony exclaimed, “We now have land for our new camp; this has to be the best news ever!” Suzie said, “There’s something else I need to tell you. I’m expecting!” They decided right then, if it was a boy, they would name him Venture.

1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances.
2. Prepare an income statement for the period ended December 31, 2022, in the 'Income Statement' tab.
3. Prepare a classified balance sheet as of December 31, 2022 in the 'Balance Sheet' tab.
4. Record the closing entries in the 'General Journal' tab.

1.) Record the issuance of the long-term note payable for the purchase of land on November 1, 2022.

Journal entry worksheet

2.) Record the first monthly payment on the long-term note payable, made on November 30, 2022.

3.) Record the second monthly payment on the long-term note payable, made on December 31, 2022.

4.) The 12 monthly payments in 2023 (following year) will reduce the note's balance by an additional $59,301. Record the reclassification of this amount from long-term notes payable to current notes payable.

5.) Prepare the closing entry for revenue accounts.

6.) Prepare the closing entry for expense and loss accounts.

In: Accounting