Questions
Point A on the graph represents the equality of capital expenditures and income. point where consumption...

Point A on the graph represents the
equality of capital expenditures and income.
point where consumption equals income.
competitive equilibrium.
point where the marginal propensity to consume equals 0.

  

  

  
(13)
According to the aggregate demand/aggregate supply curve, when prices rise,
businesses will cut back spending.
businesses will increase spending by the amount of the price increase.
businesses will increase spending by an amount less than the price increase.
business spending is unaffected.

  

  

  
(14)
___________ are leakages out of the circular flow model.
Exports
Government expenditures
Taxes
Business expenditures

  

  

  
(15)
In the classical view, the macroeconomy is much like the market for apples in the sense that supply and demand will adjust to establish an equilibrium.
true
false

  

  

  
(16)
During the Great Depression, output fell by 40% and unemployment hovered at 25%. According to the classical view of macroeconomics, what should have happened to reduce unemployment?
Wages should have fallen, increasing demand for labor.
Laborers should have switched industries, shrinking the ranks of the unemployed.
The demand for jobs should have resulted in an increase in the supply of jobs.
The excess supply of labor should have resulted in an increased demand for labor.

  

  

  
(17)
Which of the following statements is not true about the aggregate expenditures model (AE = C + I + G + NX)?
Consumer spending depends on consumer income.
Foreign spending depends on the exchange rate.
Government spending depends on the exchange rate.
Business spending depends on the interest rate.

  

  

  
(18)
If Sally’s consumption function is linear and her marginal propensity to consume is 0.8, this means that
Sally’s total spending cannot exceed 80% of her income.
Sally will spend at least 80% of her total income.
Sally will not save money regardless of her income.
Sally will begin to save at the point where her marginal income is equal to 0.8.

  

In: Economics

Complete the following table. (All solutions are at 25 ∘C.) [H3O+] [OH−] pH Acidic or Basic...

Complete the following table. (All solutions are at 25 ∘C.)
[H3O+] [OH−] pH Acidic or Basic
3.5×10−3 _____ _____ _____
_____ 3.8×10−7 _____ _____
1.8×10−9 _____ _____ _____
_____ _____ 7.15 _____

Part A

Complete the first column.

Express your answers using two significant figures. Enter your answers numerically separated by commas.
[H3O+]2, [H3O+]4 =

nothing

   M  

SubmitRequest Answer

Part B

Complete the second column.

Express your answers using two significant figures. Enter your answers numerically separated by commas.
[OH−]1, [OH−]3, [OH−]4 =

nothing

  M  

Part C

Complete the third column.

Express your answers using two decimal places. Enter your answers numerically separated by commas.
pH1, pH2, pH3, =

nothing

SubmitRequest Answer

Part D

Complete the fourth column.

Enter your answers separated by commas.

In: Chemistry

Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on...

Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated its total direct labor cost to be $51,700 and its total manufacturing overhead cost to be $98,230.

Several incomplete general ledger accounts show the transactions that occurred during the most recent accounting period which is given in second requirement.

Required:

2. Fill in the missing values in the T-accounts.

3. Compute over- or underapplied overhead.

4. Prepare a statement of cost of goods manufactured and sold including the adjustment for over- or underapplied overhead.

5. Prepare a brief income statement for the company.

Fill in the missing values in the T-accounts.
Raw Materials Inventory Work in Process Inventory
Beginning Balance 14,800 80,100 Beginning Balance 28,300
Purchases 93,700 Direct Materials 69,000
Ending Balance 28,400 Direct Labor $41,200
Applied Overhead
Ending Balance 19,700
Finished Goods Inventory Cost of Goods Sold
Beginning Balance 41,900 Unadjusted Cost of Goods Sold
Cost of Goods Completed Adjusted Cost of Goods Sold
Ending Balance 48,400
Sales Revenue Manufacturing Overhead
315,000 Indirect Materials 11,100 Applied Overhead
Indirect Labor 14,300
Factory Depreciation 12,800
Factory Rent 5,300
Factory Utilities 1,200
Other Factory Costs 8,400
Actual Overhead 53,100
Selling, General, and Administrative Expenses
Adm. Salaries 26,800
Office Depreciation 19,200
Advertising 14,200
Ending Balance 60,200

Compute over- or underapplied overhead.
Manufacturing Overhead

Prepare a statement of cost of goods manufactured and sold including the adjustment for over- or underapplied overhead.
DOBSON MANUFACTURING COMPANY
Cost of Goods Manufactured and Sold Report
Plus: Raw Material Purchases
Less: Indirect Material Used
Less: Ending Raw Materials Inventory
Direct Materials Used in Production
Manufacturing Overhead
Direct Labor
Total Current Manufacturing Costs $0
Plus: Beginning Work in Process Inventory
Total Work in Process $0
Less: Ending Work in Process Inventory
Cost of Goods Manufactured
Plus: Beginning Finished Goods Inventory
Cost of Goods Available for Sale $0
Less: Ending Finished Goods Inventory
Unadjusted Cost of Goods Sold
Adjustment for Overapplied Overhead
Adjusted Cost of Goods Sold

Prepare a brief income statement for the company.
DOBSON MANUFACTURING COMPANY
Income Statement
  
Net Income from Operations

In: Accounting

Linearly polarized light that is oriented along the x-axis and has intensity I0 is incident on...

Linearly polarized light that is oriented along the x-axis and has intensity I0 is incident on a linear polarizer (LP1) with transmission axis oriented at an angle θ1=15° clockwise with respect to the x axis. The light then passes through a second linear polarizer (LP2) with transmission axis oriented at an angle θ2 = 45° counterclockwise relative to the x axis as shown before passing through a quarter wave plate. The fast axis of the quarter wave plate is aligned with the y-axis

What is the intensity of the light after the second linear polarizer (LP2) but before the quarter wave plate?

What is the polarization after the light passes through the quarter wave plate?

Keeping the linear polarizers and quarter wave plate exactly the same, the incident light is now changed to be unpolarized as shown below. What is the intensity of light measured after the quarter wave plate(IQWP)?

In: Physics

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details...

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours:

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Budgeted direct labor-hours 10,000 9,200 9,500 10,300

The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $4.50 per direct labor-hour and its total fixed manufacturing overhead is $68,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $17,000 per quarter.

Required:

1. Prepare the company’s manufacturing overhead budget for the upcoming fiscal year.

2. Compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.

In: Accounting

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details...

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours 9,800 9,100 9,400 10,200 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $4.25 per direct labor-hour and its total fixed manufacturing overhead is $66,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $16,500 per quarter. Required: 1. Prepare the company’s manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.  

In: Accounting

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details...

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours 9,800 9,100 9,400 10,200 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $4.25 per direct labor-hour and its total fixed manufacturing overhead is $66,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $16,500 per quarter. Required: 1. Prepare the company’s manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.

In: Accounting

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details...

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours:

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Budgeted direct labor-hours 9,800 9,100 9,400 10,200

The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $4.25 per direct labor-hour and its total fixed manufacturing overhead is $66,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $16,500 per quarter.

Required:

1. Prepare the company’s manufacturing overhead budget for the upcoming fiscal year.

2. Compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.

In: Accounting

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details...

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours:

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Budgeted direct labor-hours 9,600 9,000 9,300 10,100

The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $4.00 per direct labor-hour and its total fixed manufacturing overhead is $64,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $16,000 per quarter.

Required:

1. Prepare the company’s manufacturing overhead budget for the upcoming fiscal year.

2. Compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.

In: Accounting

Development cost and timing: $8 million over 2 years Time period 5 years Ramp-up cost: $4...

Development cost and timing: $8 million over 2 years

Time period 5 years

Ramp-up cost: $4 million over 1 year, starting 1st quarter of year 2.

Marketing and support cost: $1.6 million/year, starting 3rd quarter of year 2.

Unit production cost: $550/unit.

Sales and Production volume: 20,000 units/year, starting 3rd quarter of year 2

Discount rate: 3 percent per quarter Unit Price: $1200/unit

1) Using Excel Calculate the NPV for the total period. Calculate the PV for the 1st quarter of the 4th year Calculate the PV for the 2nd quarter of 2nd year What decision (Go or No-Go) will you make for this product based on the NPV? If your development cost were to go up by 25% what is your resulting NPV?

In: Finance