Gruman Company purchased a machine for $198,000 on January 2, 2019. It made the following estimates:

In 2019, Gruman uses the machine for 2,000 hours and produces 50,000 units. In 2020, Gruman uses the machine for 1,200 hours and produces 32,000 units. If required, round your final answers to the nearest dollar.

Required:

1. Compute the depreciation for 2019 and 2020 under each of the following methods:

1. Straight-line method

   2019	$
   2020	$

2. Sum-of-the-years'-digits method

   2019	$
   2020	$

3. Double-declining-balance method

   2019	$
   2020	$

4. Activity method based on hours worked

   2019	$
   2020	$

5. Activity method based on units of output

   2019	$
   2020	$

2. For each method, what is the book value of the machine at the end of 2019? At the end of 2020?

1. Straight-line method

   2019	$
   2020	$

2. Sum-of-the-years'-digits method

   2019	$
   2020	$

3. Double-declining-balance method

   2019	$
   2020	$

4. Activity method based on hours worked

   2019	$
   2020	$

5. Activity method based on units of output

   2019	$
   2020	$

3. If Gruman used a service life of 8 years or 15,000 hours and a residual value of $9,000 , what would be the effect on the following under the straight-line, sum-of-the-years'-digits, and double-declining-balance depreciation methods?

Depreciation expense

1. Straight-line method

   2019	$
   2020	$

2. Sum-of-the-years'-digits method

   2019	$
   2020	$

3. Double-declining-balance method

   2019	$
   2020	$

Book value

1. Straight-line method

   2019	$
   2020	$

2. Sum-of-the-years'-digits method

   2019	$
   2020	$

3. Double-declining-balance method

   2019	$
   2020	$

Define each of the following terms

- Too big to fail (TBTF) Redlining

- Dodd – Frank Wall Street Reform and Consumer Protection Act of 2010

- Intellectual Capture

Provide a brief background in your own words to the role of a conceptual framework in accounting, including benefits of having one, together with problems and criticisms of the current (2010) framework

what were the impact and strategies used by Coca-COLA during 2008-2010 financial crisis? what were the strategies used post the recession by coca-cola?

Write a 5 page paper on The Biological Basis of Human Behaviour - Nature vs Nurture, Chapter 4 of the textbook "Psychology 9th edition 2010 by D.G. Myers".

Lesson Objectives :By the end of this lesson, students should be able to: Be able to discuss the history of labor unions. Explain some of the reasons for a decline in union membership over the past sixty years. Be able to explain the process of unionization and laws that relate to unionization. Be able to describe the process of collective bargaining. Understand the types of bargaining issues and the rights of management. Discuss some strategies when working with unions. Be able to explain how to manage the grievance process. Be able to discuss employee's rights and responsibilities. You are to complete two annotated bibliographies for each week’s assignment (week’s 1, 4, & 8). Your AB’s should be ½ to ¾ pages long. It should be double-spaced, and you are to use Times new Roman 12 font. For your AB, you must have: • Your name, date, course, and AB number at the top (see example) • APA Reference before the information (see example) Annotated bibliographies must be written in manner, in which, they are understandable. You must describe all-important data such as: • The participants • The reason the study was conducted • What research design was used (surveys, interviews, case study, etc.) • Which research analysis was used (MANOVA, ANOVA, Kruskal Wallace, etc.) • The results of the study along with any conclusions of the author(s) Your study must include all of these (if applicable). Your AB MAY NOT be copied and pasted directly from the source. There MUST NOT be any form of plagiarism in your annotated bibliography (or any other assignment).

Polzin Company had sales in 2010 of $1,800,000 on 60,000 units. Variable costs totalled $860,000, and fixed costs totaled $550,000.

A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $65,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 7.5% increase in the number of units sold.

Instructions

(a) Prepare a CVP income statement for 2010, assuming the changes are made as described.

Use for questions 1-6: To estimate the average amount that U.S. households donated to charity last year, a random sample of 2500 U.S. households were surveyed. Among the households in the sample, the mean amount donated to charity was $2987 with a standard deviation of $1017. 2. In 2010, the average U.S. household donated $3010 to charity. What is the alternative hypotheses that you will use to determine if the sample gives strong evidence that the average amount donated to charity among all U.S. households last year was different than in 2010. mu not equal to 3010 mu greater than 2987 mu equals 2987 mu equals 3010

The table below provides information about price and output produced in country X for the years 2010 and 2015. The base year is 2010.

                                                            p2010              y2010              p2015             y2015

Clothing                                              20                    100                  20                    150

Food                                                   10                    50                    12                    60

Government pension payments        75                    500                  100                  750

Military equipment                            250                  750                  250                  800

1. Using the GDP deflator, determine whether inflation or deflation occurred during the period. Enter the value of the GDP deflator and the inflation or deflation rate.

2. Enter the percent change in the value of production over the period.

3. Enter the value of government purchases in 2015 as a percentage of RGDP

In 2010 Casey made a taxable gift of $6.8 million to both Stephanie and Linda (a total of $13.6 million in taxable gifts). Calculate the amount of gift tax due this year and Casey’s unused exemption equivalent under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.)

a. This year Casey made a taxable gift of $1 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made.

Gift tax due

Unused exemption equivalent