Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods

The units of an item available for sale during the year were as follows:

There are 18 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first-in, first-out (FIFO) method; (b) the last-in, first-out (LIFO) method; and (c) the weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dollar).

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 5 units at $37 $185 Aug. 7 Purchase 18 units at $39 702 Dec. 11 Purchase 13 units at $40 520 36 units $1,407 There are 16 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using

(a) the first-in, first-out (FIFO) method;

(b) the last-in, first-out (LIFO) method;

(c) the weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dollar). a. First-in, first-out (FIFO) $ b. Last-in, first-out (LIFO) $ c. Weighted average cost $

Bob is considering purchasing a two-year endowment policy with a $1,000 face amount at the beginning of his 50. The probability of Bob dying between 50 and 51 is 0.00550, and that between 51 and 52 is 0.00611. The annual interest rate is 6 percent. (1) Calculate the net level premium for this two-year endowment policy. (2) Show that this premium is just sufficient to fund benefits over the two years at the assumed interested and mortality rates. (3) Ignoring expenses, what would the policy’s cash value equal after one year? (Round to two decimal places when calculating your answer.Bob is considering purchasing a two-year endowment policy with a $1,000 face amount at the beginning of his 50. The probability of Bob dying between 50 and 51 is 0.00550, and that between 51 and 52 is 0.00611. The annual interest rate is 6 percent. (1) Calculate the net level premium for this two-year endowment policy. (2) Show that this premium is just sufficient to fund benefits over the two years at the assumed interested and mortality rates. (3) Ignoring expenses, what would the policy’s cash value equal after one year? (Round to two decimal places when calculating your answer.

Java Language

The int t contains an integer between 1 and 50 (inclusive). Write code that outputs the number in words and stores the result in the String inwords. For example, if t is 35 then inwords should contain "thirty five".

Test Cases

Test case #1

Expected result: When t is 2, your code sets inwords to "two"

Test case #2

Expected result: When t is 50, your code sets inwords to "fifty"

Test case #3

Expected result: When t is 37, your code set inwords to "thirty seven"

Test case #4

Expected result: When t is 16, your code sets inwords to "sixteen"

10.4 Comparing two means: Paired samples

"We want to know if there is a difference between the size of the shoe between mother and daughter, for which a sample of 10 pairs of mother and daughter is taken and a hypothesis test is performed."

1. State the hypotheses
2. what is the average value of the paired differences (d-bar)

3. Calculate the stadistic. T_calc

4. Do we accept or reject the null hypothesis?

A college research group reported that 43​% of college students aged​ 18-24 would spend their spring breaks relaxing at home in 2009. A sample of 165 college students was selected. Complete parts a through d below.

a. Calculate the standard error of the proportion.

σp = ​(Round to four decimal places as​ needed.)

b. What is the probability that less than​ 40% of the college students from the sample spent their spring breaks relaxing at​ home? ​

P(Less than​ 40% of the college students from the sample spent their spring breaks relaxing at ​home) = (Round to four decimal places as​ needed.)

c. What is the probability that more than​ 50% of the college students from the sample spent their spring breaks relaxing at​ home?

​P(More than​ 50% of the college students from the sample spent their spring breaks relaxing at ​home) = ​(Round to four decimal places as​ needed.)

d. What is the probability that between 44​% and 54​% of the college students from the sample spent their spring breaks relaxing at​ home? ​

P(Between 44​% and 54​% of the college students from the sample spent their spring breaks relaxing at ​home) = ​(Round to four decimal places as​ needed.)

Given the data {20, 20, 30, 30, 40, 40, 50, 50, 60, 60}, calculate

1. Gini coefficient using the quintile distribution.

2. Draw the Lorenz curve with proper labels.

use methods of descriptive statistics to summarize the data and comment on your findings -

Write regular expressions that describes the following language:

The language over {0,1} that contains all and only the strings that are base-2 representations of odd positive integers. Do not allow leading 0s. (If you are more comfortable writing bulky regular expressions than you are working in base-2, you may write a regular expression for strings that are base-10 representations of odd integers without leading 0s, using alphabet {0,1,2,3,4,5,6,7,8,9}.)