Questions
Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services,...

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.75 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

Activity Cost Pool Activity Measure Activity for the Year
Cleaning carpets Square feet cleaned (00s) 12,000 hundred square feet
Travel to jobs Miles driven 193,000 miles
Job support Number of jobs 2,100 jobs
Other (organization-sustaining costs and idle capacity costs) None Not applicable

The total cost of operating the company for the year is $349,000 which includes the following costs:

Wages $ 140,000
Cleaning supplies 32,000
Cleaning equipment depreciation 9,000
Vehicle expenses 32,000
Office expenses 65,000
President’s compensation 71,000
Total cost $ 349,000

Resource consumption is distributed across the activities as follows:

Distribution of Resource Consumption Across Activities
Cleaning Carpets Travel to Jobs Job Support Other Total
Wages 80 % 13 % 0 % 7 % 100 %
Cleaning supplies 100 % 0 % 0 % 0 % 100 %
Cleaning equipment depreciation 66 % 0 % 0 % 34 % 100 %
Vehicle expenses 0 % 83 % 0 % 17 % 100 %
Office expenses 0 % 0 % 59 % 41 % 100 %
President’s compensation 0 % 0 % 26 % 74 % 100 %

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. The company recently completed a 600 square foot carpet-cleaning job at the Flying N Ranch—a 54-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N Ranch was $142.50 (600 square feet @ $23.75 per hundred square feet). Calculate the customer margin earned on this job.

In: Accounting

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services,...

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $22.50 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

Activity Cost Pool Activity Measure Activity for the Year
Cleaning carpets Square feet cleaned (00s) 11,500 hundred square feet
Travel to jobs Miles driven 67,000 miles
Job support Number of jobs 1,900 jobs
Other (organization-sustaining costs and idle capacity costs) None Not applicable

The total cost of operating the company for the year is $366,000 which includes the following costs:

Wages $ 142,000
Cleaning supplies 28,000
Cleaning equipment depreciation 16,000
Vehicle expenses 39,000
Office expenses 63,000
President’s compensation 78,000
Total cost $ 366,000

Resource consumption is distributed across the activities as follows:

Distribution of Resource Consumption Across Activities
Cleaning Carpets Travel to Jobs Job Support Other Total
Wages 79 % 12 % 0 % 9 % 100 %
Cleaning supplies 100 % 0 % 0 % 0 % 100 %
Cleaning equipment depreciation 75 % 0 % 0 % 25 % 100 %
Vehicle expenses 0 % 84 % 0 % 16 % 100 %
Office expenses 0 % 0 % 60 % 40 % 100 %
President’s compensation 0 % 0 % 26 % 74 % 100 %

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. The company recently completed a 600 square foot carpet-cleaning job at the Flying N Ranch—a 52-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N Ranch was $135.00 (600 square feet @ $22.50 per hundred square feet). Calculate the customer margin earned on this job.

In: Accounting

Hello. Please answer all my all questions. Gallatin Carpet Cleaning is a small, family-owned business operating...

Hello. Please answer all my all questions.

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.95 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

Activity Cost Pool

Activity Measure

Activity for the Year

Cleaning carpets

Square feet cleaned (00s)

9,000

hundred square feet

Travel to jobs

Miles driven

110,500

miles

Job support

Number of jobs

2,100

jobs

Other (organization-sustaining costs and idle capacity costs)

None

Not applicable

The total cost of operating the company for the year is $351,000 which includes the following costs:

Wages

$

145,000

Cleaning supplies

26,000

Cleaning equipment depreciation

11,000

Vehicle expenses

33,000

Office expenses

65,000

President’s compensation

71,000

Total cost

$

351,000

Resource consumption is distributed across the activities as follows:

Distribution of Resource Consumption Across Activities

Cleaning Carpets

Travel to Jobs

Job Support

Other

Total

Wages

70

%

15

%

0

%

15

%

100

%

Cleaning supplies

100

%

0

%

0

%

0

%

100

%

Cleaning equipment depreciation

73

%

0

%

0

%

27

%

100

%

Vehicle expenses

0

%

81

%

0

%

19

%

100

%

Office expenses

0

%

0

%

60

%

40

%

100

%

President’s compensation

0

%

0

%

34

%

66

%

100

%

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

  1. Prepare the first-stage allocation of costs to the activity cost pools.
  2. Compute the activity rates for the activity cost pools.
  3. The company recently completed a 400 square foot carpet-cleaning job at the Flying N Ranch—a 51-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.
  4. The revenue from the Flying N Ranch was $95.80 (400 square feet @ $23.95 per hundred square feet). Calculate the customer margin earned on this job.

In: Accounting

METAR Abbreviations METAR (Meteorological Aviation Report) is a format for reporting weather information, either for pilots...

METAR Abbreviations

  • METAR (Meteorological Aviation Report) is a format for reporting weather information, either for pilots in pre-flight weather briefings or by meteorologists to aid them in weather forecasting.
  • Here is a sample METAR report:
    SPECI KPWK 042100Z 05010KT 10SM BKN030
    OVC036 M01/M08 A3049 RMK AO2 T10111078
    
    Translation:
    SPECI means that this is an unscheduled METAR report issued when certain criteria are met.
    KPWK is the airport identifier for Chicago Executive Airport 18 miles northwest of the city center.
    Z means Zulu time (Coordinated Universal Time): 4:21:00pm.
    KT means wind direction and speed: direction 50 degrees clockwise from North and speed 10 knots.
    SM means visibility: 10 miles.
    BKN means clouds with cloud bottoms at 3,000 ft. are broken (cover 5/8 to 7/8 of sky).
    OVC means that clouds with cloud bottoms at 3,600 ft. are overcast (cover all of the sky).
    M01/M08 means that the temperature is minus 1 Celsius and that the dew point is minus 8 Celsius.
    A indicates an altimeter pressure reading of 10.49 inches of mercury.
    RMK means that the Remarks Section follows.
    A02 indicates that the station is automated with a precipitation discriminator
    T10171017 is a breakdown of the temperature and dew point in eight digits separated into two groups of four.
  • For example, here is a METAR weather report for the Midway Station in Chicago, for midnight, January 7, 2014:
    METAR KMDW 070551Z 26013G17KT 10SM FEW020 
    M23/M27 A3024 RMK AO2 SLP276 4/010 
    T12331272 11228 21239 411831261 55003 $
    
  • Here is a METAR tutorial from Weather Underground to help you decode this METAR report. You can also consult Wikipedia for an overview of METAR.

Project 1 directions:

  1. Look up the English meanings of these METAR abbreviations online (Wikipedia is a good source):
    +  -  B  DZ  E  HZ  RA  SN
    
  2. Write a Java program that reads a METAR abbreviation, translates it to English if it is one of these eight abbreviations, then prints its English meaning. Use an if..else statement to do the translation.
  3. If the input does not match any of these eight abbreviations, print Unknown abbreviation.
  4. Name your Java project according to the standard naming convention: Proj1Smith, where you replace Smith by your last name. Also name your zip file Proj1Smith.zip
  5. Submit a zip file of your IntelliJ project folder.
  6. Note: don't use the == operator for String objects, use the String equals method instead as in the NumToWords Example in the num-to-words file.

In: Computer Science

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services,...

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.70 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

Activity Cost Pool Activity Measure Activity for the Year
Cleaning carpets Square feet cleaned (00s) 14,500 hundred square feet
Travel to jobs Miles driven 138,000 miles
Job support Number of jobs 1,800 jobs
Other (organization-sustaining costs and idle capacity costs) None Not applicable

The total cost of operating the company for the year is $353,000 which includes the following costs:

Wages $ 139,000
Cleaning supplies 26,000
Cleaning equipment depreciation 14,000
Vehicle expenses 29,000
Office expenses 68,000
President’s compensation 77,000
Total cost $ 353,000

Resource consumption is distributed across the activities as follows:

Distribution of Resource Consumption Across Activities
Cleaning Carpets Travel to Jobs Job Support Other Total
Wages 77 % 12 % 0 % 11 % 100 %
Cleaning supplies 100 % 0 % 0 % 0 % 100 %
Cleaning equipment depreciation 66 % 0 % 0 % 34 % 100 %
Vehicle expenses 0 % 76 % 0 % 24 % 100 %
Office expenses 0 % 0 % 56 % 44 % 100 %
President’s compensation 0 % 0 % 30 % 70 % 100 %

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. The company recently completed a 200 square foot carpet-cleaning job at the Flying N Ranch—a 59-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N Ranch was $47.40 (200 square feet @ $23.70 per hundred square feet). Calculate the customer margin earned on this job.

In: Accounting

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services,...

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.60 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below: Activity Cost Pool Activity Measure Activity for the Year Cleaning carpets Square feet cleaned (00s) 7,500 hundred square feet Travel to jobs Miles driven 394,000 miles Job support Number of jobs 1,800 jobs Other (organization-sustaining costs and idle capacity costs) None Not applicable The total cost of operating the company for the year is $363,000 which includes the following costs: Wages $ 138,000 Cleaning supplies 28,000 Cleaning equipment depreciation 15,000 Vehicle expenses 40,000 Office expenses 68,000 President’s compensation 74,000 Total cost $ 363,000 Resource consumption is distributed across the activities as follows: Distribution of Resource Consumption Across Activities Cleaning Carpets Travel to Jobs Job Support Other Total Wages 77 % 11 % 0 % 12 % 100 % Cleaning supplies 100 % 0 % 0 % 0 % 100 % Cleaning equipment depreciation 75 % 0 % 0 % 25 % 100 % Vehicle expenses 0 % 84 % 0 % 16 % 100 % Office expenses 0 % 0 % 56 % 44 % 100 % President’s compensation 0 % 0 % 31 % 69 % 100 %

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. The company recently completed a 800 square foot carpet-cleaning job at the Flying N ranch—a 53-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N ranch was $188.80 (800 square feet @ $23.60 per hundred square feet). Calculate the customer margin earned on this job.

In: Accounting

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services,...

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.55 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below: Activity Cost Pool Activity Measure Activity for the Year Cleaning carpets Square feet cleaned (00s) 12,500 hundred square feet Travel to jobs Miles driven 287,500 miles Job support Number of jobs 1,800 jobs Other (organization-sustaining costs and idle capacity costs) None Not applicable ________________________________________ The total cost of operating the company for the year is $359,000 which includes the following costs: Wages $ 144,000 Cleaning supplies 28,000 Cleaning equipment depreciation 8,000 Vehicle expenses 39,000 Office expenses 59,000 President’s compensation 81,000 Total cost $ 359,000 ________________________________________ Resource consumption is distributed across the activities as follows: Distribution of Resource Consumption Across Activities Cleaning Carpets Travel to Jobs Job Support Other Total Wages 73 % 13 % 0 % 14 % 100 % Cleaning supplies 100 % 0 % 0 % 0 % 100 % Cleaning equipment depreciation 71 % 0 % 0 % 29 % 100 % Vehicle expenses 0 % 81 % 0 % 19 % 100 % Office expenses 0 % 0 % 63 % 37 % 100 % President’s compensation 0 % 0 % 31 % 69 % 100 % ________________________________________ Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on. Required: 1. Prepare the first-stage allocation of costs to the activity cost pools. 2. Compute the activity rates for the activity cost pools. 3. The company recently completed a 200 square foot carpet-cleaning job at the Flying N Ranch—a 59-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system. 4. The revenue from the Flying N Ranch was $47.10 (200 square feet @ $23.55 per hundred square feet). Calculate the customer margin earned on this job.

In: Accounting

The world comprises two countries, A and B. There is only one good, whose price is...

The world comprises two countries, A and B. There is only one good, whose price is normalized to 1; hence nominal and real measures coincide. These two countries differ with respect to their production technology. In particular, ???? = 10 − 0.8?? and ???? = 7 − 0.7??, where ???? denotes the marginal product of capital and ?? the capital stock in country i = Α, Β. The total capital stock in the world is 10 units.

a) The initial allocation of capital is ?? = 5 and ?? = 5. Find each country’s total income as well as labor and capital income. What is the world income? [Mark: 0.75]

b) Next, consider the case where there is free capital mobility. Find the capital allocation between the two countries, each country’s total income, as well as labor and capital income. What happens to world income? Explain your answers. [Mark: 0.75]

c) Assume now that, succumbing to domestic pressure, the government of country A imposes a 30% tax on capital income. Show graphically the equilibria before and after taxation. Find the new capital allocation between the two countries, total income, tax revenue, as well as labor and net capital income in each country. Explain your answers. [Mark: 1.5] Note: Round your answers to the second decimal point.

In: Economics

1. Lyft cuts the price of a ride in New York City by 20%. Thereafter, the...

1. Lyft cuts the price of a ride in New York City by 20%. Thereafter, the quantity of rides demanded rises by 25%. What is the absolute value of the price elasticity of demand for Lyft rides?

a. 0.8
b. –0.8 c. 1.25 d. –1.25

In: Economics

what essential contruction design is needed to recieve an incomming horizontal EM wave if the reciever...

what essential contruction design is needed to recieve an incomming horizontal EM wave if the reciever is built for interpreting changes in the electric field? what if it was built to recieve the magnetic field?

In: Physics