Cost of Units Transferred Out and Ending Work in Process

The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $1.80 and $2.70, respectively. The equivalent units to be assigned costs are as follows:

Equivalent Units

Direct MaterialsConversion

Inventory in process, October 10 2,900

Started and completed during October48,000 48,000

Transferred out of Rolling (completed)48,000 50,900

Inventory in process, October 316,000 3,600

Total units to be assigned costs54,000 54,500

The beginning work in process inventory on October 1 had a cost of $1,650. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department.

Completed and transferred-out production$

Inventory in process, October 31$

Total costs assigned by the Rolling Department$

Using Control Limits to Determine When to Investigate a Variance

Kavallia Company set a standard cost for one item at $328,000; allowable deviation is ± $14,500. Actual costs for the past six months are as follows:

Required:

1. Calculate the variance from standard for each month.

Which months should be investigated?

2. What if the company uses a two-part rule for investigating variances? The allowable deviation is the lesser of 4 percent of the standard amount or $14,500. Now which months should be investigated?

2. On July 1, 2018, Dynamic Corporation purchased for cash 40% of the outstanding capital stock of Cart Company.

Dynamic has a fiscal year end of October 31st and Cart has a fiscal year end of March 31st. On October 31st, it has not yet been determined by Dynamic conclusively whether it has the ability to significantly influence Cart’s business operation. Cart Company’s stock is actively traded on the NASDAQ exchange reported its net income for the period ended October 31st to Dynamic. Cart also paid cash dividends on September 15th and December 15th to Dynamic and its other stockholders. How should Dynamic report the above facts in its October 31, 2018 financial statements. Discuss the rationale for your answer.

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18 (7/18), February 12 (2/12), and October 7 (10/7), respectively. Given the information below, calculate the cumulative abnormal return (CAR) for these stocks as a group. Assume all companies have an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.)

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18, February 12, and October 7, respectively. Given the information below, calculate the cumulative abnormal return (CAR) for these stocks as a group. Assume all companies have an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.) Ross Co. Westerfield, Inc. Jordan Company Date Market Return Company Return Date Market Return Company Return Date Market Return Company Return July 12 −.6 −.3 Feb 8 −.6 −.3 Oct 1 1.4 .6 July 13 1.2 .3 Feb 9 −.7 −.3 Oct 2 1.3 .6 July 16 .4 .3 Feb 10 .4 .6 Oct 3 .7 1.3 July 17 −.6 −.2 Feb 11 .6 2.1 Oct 6 −.1 −.7 July 18 −.8 1.3 Feb 12 −.1 .1 Oct 7 −2.2 −.7 July 19 −1.9 −.1 Feb 15 1.2 1.9 Oct 8 1.2 .6 July 20 −.9 −1.2 Feb 16 .7 .5 Oct 9 −.5 −.6 July 23 .6 .4 Feb 17 −.1 .0 Oct 10 .1 −.1 July 24 1.2 .0 Feb 18 1.6 .4 Oct 13 −.1 −.6

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18 (7/18), February 12 (2/12), and October 7 (10/7), respectively. Given the information below, calculate the cumulative abnormal return (CAR) for these stocks as a group. Assume all companies have an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.)

I need answers for Chapter 5 Problem 28. Render ISBN # 13: 978-0-13-45316-1. Problem Reads: sales of industrial vacuum cleaners at R. Lowenthal supply Co. over the past 13 months are as follows: sales ($1,000s) Month. First row is 11 sales Month January. Need the following a) using a moving average with three periods, determine the demand for vacuum cleaners for next Feb. also (B), (C), (d) answers? this problem can be found on p. 179. in textbook Quantitative Analysis for Management 13 th. ed. Render. Here is a problem: Sales of industrial vacuum cleaners at R. Lowenthal Supply co. over the past 13 months are as follows. Heading: Monthly Sales are in ($1,000s - Month). January Sales (11) ($1,000s) February Sales (14) March Sales (16) April (10) May (15) June (17) July (11) August (14) September (17) October (12) November (14) December (16) January (11). Question (a). Using a moving average with three periods, determine the demand for vacuum cleaners for next February. (b) Using a weighted moving average with three periods, determine the demand for vacuum cleaners for February. Use 3, 2, and 1 for the weights of the most recent, second most recent, and third most recent periods, respectively. For example, if you were forecasting the demand for February, November would have a weight of 1, December would have a weight of 2, and January would have a weight of 3. (c) Evaluate the accuracy of each of these methods. (d) What other factors might R. Lowenthal consider in forecasting sales?       

Step 1

Find an example of probability in the media.

Find an example of probability in some print medium – newspaper, magazine, journal, etc.

Step 2

Write about your example and post.

Prepare your discussion posting by answering the following:

• How was probability used in this example?
• Was it used correctly?
• Is there a clearer way the data could have been expressed?
• Create a graph or chart to express the data.

Cite all sources you used to find your example.

Vincent is considering buying a creatine supplement after he saw a variety of these ergogenic aids advertised in a fitness magazine. Which of the following is a common deceptive marketing tactic that he should watch out for?

A. an offer for a free mail-order anabolic assessment B. a recommendation to assess body composition through underwater weighing C. evidence about creatine's effect on resistance exercise and sprinting D. a warning about creatine's short-term side effects