Use ALL the data found in the Excel file for your analysis. Calculate the following:
BMI 28 27 33 28 29 24 34 30 36 30 31 30 38 32 27 23 26 38 32 29 26 37 24 27 33 32 33 42 30 27 42 34 24 29 28 35 41 26 35 20 28 27 40 31 45 37 35 45 29 24 28 32 34 31 30 34 30 40 36 41 30 39 36 34 38 36 39 32 28 30 25 39 25 40 21 26 24 24 31 27 29 31 24 39 31 36 21 41 23 33 26 27 26 30 23 35 52 26 35 30 47 27 30 47 23 25 32 39 28 28 35 28 32 32 30 29 32 30 27 35 36 35 44 31 31 34 25 28 29 35 37 27 28 30 24 31 38 26 32 33 31 29 38 30 38 38 36 28 31 43 24 24 31 31 36 26 30 29 35 32 24 34 39 38 35 28 38 37 33 28 25 35 33 38 36 30 28 35 31 26 64 40 32 28 45 29 25 31 34 30 35 29 33 31 22 30 38 29 35 26 41 26 28 32 28 29 27 27 32 38 31 30 27 33 28 38 37 29 25 23 38 27 39 20 29 29 25 28 39 31 35 31 39 40 30 29 37 31 33 34 25 24 42 23 42 26 34 38 38 44 26 32 30 24 31 30 24 30 31 26 42 27 24 27 28 30 24 22 28 32 44 25 31 25 24 36 27 32 25 33 28 30 33 34 36 30 30 40 29 39 27 27 31 27 36 35 23 27 24 32 24 30 29 32 29 40 31 43 36 40 33 35 38 26 28 34 47 33 25 31 34 34 30 33 33 24 28 34 29 29 35 25 40 35 29 28 31 42 38 41 27 37 38 33 40 33 32 30 41 27 25 27 34 32 39 24 32 35 24 32 31 29 33 30 32 30 26 28 31 30 27 34 23 41 30 45 25 30 30 24 38 36 44 31 30 36 47
SysBP 128 108 108 138 118 114 132 110 162 144 142 158 126 128 114 116 134 122 150 138 134 110 138 118 124 158 114 120 110 100 142 109 108 124 118 132 126 118 136 148 122 128 135 140 128 110 108 136 138 126 114 108 152 126 118 120 146 109 136 120 129 120 130 136 130 136 126 112 128 110 122 104 112 138 120 126 122 112 132 122 142 136 122 102 112 110 100 152 125 138 130 118 114 120 142 128 138 124 132 130 152 126 118 154 118 122 115 122 146 146 124 114 134 140 118 100 124 110 124 134 136 138 117 112 112 118 130 128 120 122 142 132 112 128 132 120 144 108 122 128 160 124 150 128 130 150 102 110 126 120 118 130 144 128 168 134 132 136 130 126 128 134 120 100 110 132 155 140 128 112 128 154 114 156 118 142 112 100 143 124 114 132 124 114 120 130 118 98 120 158 118 124 140 124 126 140 122 126 132 116 122 112 108 136 122 124 122 150 128 142 98 126 116 112 114 136 138 142 138 130 122 120 124 108 118 128 122 118 126 136 134 120 136 120 142 118 124 136 134 134 118 114 120 126 120 118 112 110 130 124 108 114 122 113 112 108 108 124 132 108 134 104 122 114 118 114 118 164 116 126 130 120 120 122 132 106 124 142 110 144 136 118 112 128 130 128 120 146 136 124 148 116 132 124 116 136 128 127 120 112 112 130 107 134 118 112 110 164 128 136 108 130 112 122 116 130 126 120 124 120 112 132 118 120 148 118 124 148 140 110 115 114 136 158 122 120 108 134 138 122 130 118 138 118 118 136 118 140 120 108 106 120 120 134 122 112 130 120 112 120 126 120 134 118 130 104 100 120 122 120 96 124 104 112 128 138 100 136 120 118 128 118 128 115 120 132 118
In: Advanced Math
Allocating Selling and Administrative Expenses using Activity-Based Costing
Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold for each copier are as follows:
| Price | $730 | per unit |
| Cost of goods sold | 440 | |
| Gross profit | $290 | per unit |
In addition, the company incurs selling and administrative expenses of $232,160. The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co., and Supply Universe. These expenses are related to its three major nonmanufacturing activities: customer service, sales order processing, and advertising support. The advertising support is in the form of advertisements that are placed by Shrute Inc. to support the retailer's sale of Shrute copiers to consumers. The budgeted activity costs and activity bases associated with these activities are:
| Activity | Budgeted Activity Cost | Activity Base | |||
| Customer service | $48,640 | Number of service requests | |||
| Sales order processing | 29,920 | Number of sales orders | |||
| Advertising support | 153,600 | Number of ads placed | |||
| Total activity cost | $232,160 | ||||
Activity-base usage and unit volume information for the three customers is as follows:
| The Warehouse | Kosmo Co. | Supply Universe | Total | ||||||
| Number of service requests | 70 | 10 | 240 | 320 | |||||
| Number of sales orders | 250 | 110 | 520 | 880 | |||||
| Number of ads placed | 20 | 10 | 90 | 120 | |||||
| Unit volume | 630 | 630 | 630 | 1,890 | |||||
Required:
1. Determine the activity rates for each of the three nonmanufacturing activities. Round to the nearest whole dollar.
| Activity Rate | ||
| Customer Service | $ | per serv. req. |
| Sales Order Processing | $ | per bid |
| Advertising Support | $ | per customer design change |
2. Determine the activity costs allocated to the three customers, using the activity rates in (1).
| Activity Costs | |
| The Warehouse | $ |
| Kosmo Co. | $ |
| Supply Universe | $ |
3. Construct customer profitability reports for the three customers, dated for the year ended December 31, 2016, using the activity costs in (2). The reports should disclose the gross profit and income from operations associated with each customer. Enter all amounts as positive numbers, except for a negative income from operations.
| Shrute Inc. | |||
| Customer Profitability Report | |||
| For the Year Ended December 31 | |||
| The Warehouse | Kosmo Co. | Supply Universe | |
| Revenues | $ | $ | $ |
| Cost of goods sold | |||
| Gross profit | $ | $ | $ |
| Selling and administrative activities: | |||
| Customer service | $ | $ | $ |
| Sales order processing | |||
| Advertising support | |||
| Total selling and administrative activities | $ | ||
| Income (loss) from operations | $ | $ | $ |
In: Accounting
Allocating Selling and Administrative Expenses using Activity-Based Costing
Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold for each copier are as follows:
| Price | $650 | per unit |
| Cost of goods sold | 390 | |
| Gross profit | $260 | per unit |
In addition, the company incurs selling and administrative expenses of $276,980. The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co., and Supply Universe. These expenses are related to its three major nonmanufacturing activities: customer service, sales order processing, and advertising support. The advertising support is in the form of advertisements that are placed by Shrute Inc. to support the retailer's sale of Shrute copiers to consumers. The budgeted activity costs and activity bases associated with these activities are:
| Activity | Budgeted Activity Cost | Activity Base | |||
| Customer service | $44,880 | Number of service requests | |||
| Sales order processing | 27,300 | Number of sales orders | |||
| Advertising support | 204,800 | Number of ads placed | |||
| Total activity cost | $276,980 | ||||
Activity-base usage and unit volume information for the three customers is as follows:
| The Warehouse | Kosmo Co. | Supply Universe | Total | ||||||
| Number of service requests | 70 | 10 | 250 | 330 | |||||
| Number of sales orders | 250 | 110 | 550 | 910 | |||||
| Number of ads placed | 20 | 20 | 120 | 160 | |||||
| Unit volume | 710 | 710 | 710 | 2,130 | |||||
Required:
1. Determine the activity rates for each of the three nonmanufacturing activities. Round to the nearest whole dollar.
| Activity Rate | ||
| Customer Service | $ | per serv. req. |
| Sales Order Processing | $ | per bid |
| Advertising Support | $ | per customer design change |
2. Determine the activity costs allocated to the three customers, using the activity rates in (1).
| Activity Costs | |
| The Warehouse | $ |
| Kosmo Co. | $ |
| Supply Universe | $ |
3. Construct customer profitability reports for the three customers, dated for the year ended December 31, 2016, using the activity costs in (2). The reports should disclose the gross profit and income from operations associated with each customer. Enter all amounts as positive numbers, except for a negative income from operations.
| Shrute Inc. | |||
| Customer Profitability Report | |||
| For the Year Ended December 31 | |||
| The Warehouse | Kosmo Co. | Supply Universe | |
| Revenues | $ | $ | $ |
| Cost of goods sold | |||
| Gross profit | $ | $ | $ |
| Selling and administrative activities: | |||
| Customer service | $ | $ | $ |
| Sales order processing | |||
| Advertising support | |||
| Total selling and administrative activities | $ | ||
| Income (loss) from operations | $ | $ | $ |
In: Accounting
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Allocating Selling and Administrative Expenses using Activity-Based Costing
Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold for each copier are as follows:
| Price | $750 | per unit |
| Cost of goods sold | 450 | |
| Gross profit | $300 | per unit |
In addition, the company incurs selling and administrative expenses of $226,700. The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co., and Supply Universe. These expenses are related to its three major nonmanufacturing activities: customer service, sales order processing, and advertising support. The advertising support is in the form of advertisements that are placed by Shrute Inc. to support the retailer's sale of Shrute copiers to consumers. The budgeted activity costs and activity bases associated with these activities are:
| Activity | Budgeted Activity Cost | Activity Base | |||
| Customer service | $39,000 | Number of service requests | |||
| Sales order processing | 24,500 | Number of sales orders | |||
| Advertising support | 163,200 | Number of ads placed | |||
| Total activity cost | $226,700 | ||||
Activity-base usage and unit volume information for the three customers is as follows:
| The Warehouse | Kosmo Co. | Supply Universe | Total | ||||||
| Number of service requests | 50 | 10 | 190 | 250 | |||||
| Number of sales orders | 270 | 120 | 590 | 980 | |||||
| Number of ads placed | 20 | 10 | 90 | 120 | |||||
| Unit volume | 630 | 630 | 630 | 1,890 | |||||
Required:
1. Determine the activity rates for each of the three nonmanufacturing activities. Round to the nearest whole dollar.
| Activity Rate | ||
| Customer Service | $ | per serv. req. |
| Sales Order Processing | $ | per bid |
| Advertising Support | $ | per customer design change |
2. Determine the activity costs allocated to the three customers, using the activity rates in (1).
| Activity Costs | |
| The Warehouse | $ |
| Kosmo Co. | $ |
| Supply Universe | $ |
3. Construct customer profitability reports for the three customers, dated for the year ended December 31, 2016, using the activity costs in (2). The reports should disclose the gross profit and income from operations associated with each customer. Enter all amounts as positive numbers, except for a negative income from operations.
| Shrute Inc. | |||
| Customer Profitability Report | |||
| For the Year Ended December 31 | |||
| The Warehouse | Kosmo Co. | Supply Universe | |
| Revenues | $ | $ | $ |
| Cost of goods sold | |||
| Gross profit | $ | $ | $ |
| Selling and administrative activities: | |||
| Customer service | $ | $ | $ |
| Sales order processing | |||
| Advertising support | |||
| Total selling and administrative activities | $ | ||
| Income (loss) from operations | $ | $ | $ |
In: Accounting
Allocating Selling and Administrative Expenses using Activity-Based Costing
Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold for each copier are as follows:
| Price | $700 | per unit |
| Cost of goods sold | 420 | |
| Gross profit | $280 | per unit |
In addition, the company incurs selling and administrative expenses of $270,510. The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co., and Supply Universe. These expenses are related to its three major nonmanufacturing activities: customer service, sales order processing, and advertising support. The advertising support is in the form of advertisements that are placed by Shrute Inc. to support the retailer's sale of Shrute copiers to consumers. The budgeted activity costs and activity bases associated with these activities are:
| Activity | Budgeted Activity Cost | Activity Base | |||
| Customer service | $42,050 | Number of service requests | |||
| Sales order processing | 26,860 | Number of sales orders | |||
| Advertising support | 201,600 | Number of ads placed | |||
| Total activity cost | $270,510 | ||||
Activity-base usage and unit volume information for the three customers is as follows:
| The Warehouse | Kosmo Co. | Supply Universe | Total | ||||||
| Number of service requests | 60 | 10 | 220 | 290 | |||||
| Number of sales orders | 220 | 90 | 480 | 790 | |||||
| Number of ads placed | 20 | 10 | 110 | 140 | |||||
| Unit volume | 610 | 610 | 610 | 1,830 | |||||
Required:
1. Determine the activity rates for each of the three nonmanufacturing activities. Round to the nearest whole dollar.
| Activity Rate | ||
| Customer Service | $ | per serv. req. |
| Sales Order Processing | $ | per bid |
| Advertising Support | $ | per customer design change |
2. Determine the activity costs allocated to the three customers, using the activity rates in (1).
| Activity Costs | |
| The Warehouse | $ |
| Kosmo Co. | $ |
| Supply Universe | $ |
3. Construct customer profitability reports for the three customers, dated for the year ended December 31, 2016, using the activity costs in (2). The reports should disclose the gross profit and income from operations associated with each customer. Enter all amounts as positive numbers, except for a negative income from operations.
| Shrute Inc. | |||
| Customer Profitability Report | |||
| For the Year Ended December 31 | |||
| The Warehouse | Kosmo Co. | Supply Universe | |
| Revenues | $ | $ | $ |
| Cost of goods sold | |||
| Gross profit | $ | $ | $ |
| Selling and administrative activities: | |||
| Customer service | $ | $ | $ |
| Sales order processing | |||
| Advertising support | |||
| Total selling and administrative activities | $ | ||
| Income (loss) from operations | $ | $ | $ |
In: Accounting
Allocating Selling and Administrative Expenses using Activity-Based Costing
Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold for each copier are as follows:
| Price | $720 | per unit |
| Cost of goods sold | 430 | |
| Gross profit | $290 | per unit |
In addition, the company incurs selling and administrative expenses of $279,440. The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co., and Supply Universe. These expenses are related to its three major nonmanufacturing activities: customer service, sales order processing, and advertising support. The advertising support is in the form of advertisements that are placed by Shrute Inc. to support the retailer's sale of Shrute copiers to consumers. The budgeted activity costs and activity bases associated with these activities are:
| Activity | Budgeted Activity Cost | Activity Base | |||
| Customer service | $35,760 | Number of service requests | |||
| Sales order processing | 22,680 | Number of sales orders | |||
| Advertising support | 221,000 | Number of ads placed | |||
| Total activity cost | $279,440 | ||||
Activity-base usage and unit volume information for the three customers is as follows:
| The Warehouse | Kosmo Co. | Supply Universe | Total | ||||||
| Number of service requests | 50 | 10 | 180 | 240 | |||||
| Number of sales orders | 240 | 100 | 500 | 840 | |||||
| Number of ads placed | 20 | 20 | 130 | 170 | |||||
| Unit volume | 640 | 640 | 640 | 1,920 | |||||
Required:
1. Determine the activity rates for each of the three nonmanufacturing activities. Round to the nearest whole dollar.
| Activity Rate | ||
| Customer Service | $ | per serv. req. |
| Sales Order Processing | $ | per bid |
| Advertising Support | $ | per customer design change |
2. Determine the activity costs allocated to the three customers, using the activity rates in (1).
| Activity Costs | |
| The Warehouse | $ |
| Kosmo Co. | $ |
| Supply Universe | $ |
3. Construct customer profitability reports for the three customers, dated for the year ended December 31, 2016, using the activity costs in (2). The reports should disclose the gross profit and income from operations associated with each customer. Enter all amounts as positive numbers, except for a negative income from operations.
| Shrute Inc. | |||
| Customer Profitability Report | |||
| For the Year Ended December 31 | |||
| The Warehouse | Kosmo Co. | Supply Universe | |
| Revenues | $ | $ | $ |
| Cost of goods sold | |||
| Gross profit | $ | $ | $ |
| Selling and administrative activities: | |||
| Customer service | $ | $ | $ |
| Sales order processing | |||
| Advertising support | |||
| Total selling and administrative activities | $ | ||
| Income (loss) from operations | $ | $ | $ |
In: Accounting
One can find out date of the month when someone was born by asking five questions. Each question asks whether the day is in one of the five sets of numbers below
1 3 5 7 2 3 6 7 4 5 6 7 8 9 10 11 16 17 18 19
9 11 13 15 10 11 14 15 12 13 14 15 12 13 14 15 20 21 22 23
17 19 21 23 18 19 22 23 20 21 22 23 24 25 26 27 24 25 26 27
25 27 29 31 26 27 30 31 28 29 30 31 28 29 30 31 28 29 30 31
Set1 Set 2 Set 3 Set 4 Set 5
The birthday is the sum of the first numbers in the set where the day appears. For example, if the birthday is 19, it appears in Set 1, Set 2, and Set 5.
The first numbers in these three sets are 1, 2, and 16 whose sum is 19.
Write a C++ program using arrays that prompts the user to answer whether the day is in Sets 1‐5. If the number is in the particular set, the program adds the first number in the sets to calculate the day of the month. An array must be used in the problem. Refer to the sample output below.
Sample Run:
Is your birthday in Set 1?
1 3 5 7
9 11 13 15
17 19 21 23
25 27 29 31
Enter 0 for No and 1 for Yes: 1
Is your birthday in Set 2?
2 3 6 7
10 11 14 15
18 19 22 23
26 27 30 31
Enter 0 for No and 1 for Yes: 1
Is your birthday in Set 3?
4 5 6 7
12 13 14 15
20 21 22 23
28 29 30 31
Enter 0 for No and 1 for Yes: 1
Is your birthday in Set 4?
8 9 10 11
12 13 14 15
24 25 26 27
28 29 30 31
Enter 0 for No and 1 for Yes: 0
Is your birthday in Set 5?
16 17 18 19
20 21 22 23
24 25 26 27
28 29 30 31
Enter 0 for No and 1 for Yes: 0
Your birthday is on day: 7
In: Computer Science
To test the effectiveness of various denture adhesives, an instrument called the TA.XT2i Texture Analyzer made by Texture Technologies Corp., was used to measure the amount of force required to separate dentures from a mouth and gum cast. The force required for separation was recorded in decigrams. The adhesives were:
(A) karaya;
(B) karaya with sodium borate;
(C) carboxymethylcellulose sodium (32%) and ethylene oxide homopolymer, and
(D) carboxymethylcellulose sodium (49%) and ethylene oxide homopolymer.
Assume the amount of the force required to separate among the four types of adhesives are normally distributed.
|
A |
B |
C |
D |
|
|
71 |
76 |
75 |
80 |
|
|
79 |
70 |
81 |
82 |
|
|
80 |
90 |
60 |
91 |
|
|
72 |
80 |
66 |
95 |
|
|
88 |
76 |
74 |
84 |
|
|
66 |
82 |
58 |
72 |
|
|
T(i) |
456 |
474 |
414 |
504 |
|
X-bar(i) |
76 |
79 |
69 |
84 |
|
S(i)-square |
62 |
46 |
83.2 |
66.8 |
|
CSS(i) |
310 |
230 |
416 |
334 |
1. Test the hypothesis showing all steps
2. Analyze with one-way ANOVA to test the hypothesis that there is any significant differences between the three type of treatments at both: 95% level of significance and 90% level of significance
3. Would a post hoc test be necessary at both 95% level of
significance and 90% level of significance?
In: Statistics and Probability
|
Photochronograph Corporation (PC) manufactures time series photographic equipment. It is currently at its target debt-equity ratio of .65. It’s considering building a new $74 million manufacturing facility. This new plant is expected to generate aftertax cash flows of $8.9 million in perpetuity. The company raises all equity from outside financing. There are three financing options: |
| 1. |
A new issue of common stock: The flotation costs of the new common stock would be 6.5 percent of the amount raised. The required return on the company’s new equity is 14 percent. |
| 2. |
A new issue of 20-year bonds: The flotation costs of the new bonds would be 2.8 percent of the proceeds. If the company issues these new bonds at an annual coupon rate of 7 percent, they will sell at par. |
| 3. |
Increased use of accounts payable financing: Because this financing is part of the company’s ongoing daily business, it has no flotation costs, and the company assigns it a cost that is the same as the overall firm WACC. Management has a target ratio of accounts payable to long-term debt of .15. (Assume there is no difference between the pretax and aftertax accounts payable cost.) |
|
What is the NPV of the new plant? Assume that PC has a 22 percent tax rate. (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole dollar amount, e.g., 1,234,567.) |
In: Finance
Question 23
A company shows the following balances:
| Cost of goods sold | $900,000 |
| Sales | 2,000,000 |
| Sales discounts | 25,000 |
| Sales returns and allowances | 225,000 |
What is the gross profit margin?
| 42.5% |
| 48.6% |
| 49.3% |
| 55.0% |
26 Sales Allowances and Sales Discounts
| both have a normal debit balance and are therefore regarded as expense accounts. |
| are both designed to encourage customers to pay their accounts promptly. |
| are both contra revenue accounts to Sales. |
| both have a normal credit balance. |
27.Which one of the following statements is true?
| When the terms of sale are FOB shipping point, the seller is responsible for any damages to the goods during shipping. |
| When returned merchandise is defective, the seller's sales account is debited. |
| The first-in, first-out (FIFO) inventory cost method results in cost of goods sold valued at the most recent cost. |
| In periods of falling prices, FIFO will result in a higher ending inventory valuation than the average cost formula. |
| None of the above is true. |
Question 32
A company just starting its business made the following four
inventory purchases in June:
| Date | Number of Units | Total Cost |
| Jun 1 | 150 | $480 |
| Jun 10 | 200 | 660 |
| Jun 15 | 200 | 680 |
| Jun 28 | 150 | 525 |
On June 25, the company made its first sale when a local customer
purchased 500 units for $3,500. The company uses a perpetual
inventory system.
The inventory cost formula that results in the highest gross profit
for June is
| average. |
| gross profit is the same under both cost formulas. |
| not determinable. |
| FIFO. |
In: Accounting