Questions
Stick Collapsible Units Sold 60,000 3,000 Selling Price $12.50 $14.00 Direct Material Cost Per Unit $3.00...

Stick Collapsible
Units Sold 60,000 3,000
Selling Price $12.50 $14.00
Direct Material Cost Per Unit $3.00 $3.10
Direct Labor Cost Per Hour $7.50 $8.00
Variable MO $0.40 $0.40
Variable Selling Costs $1.10 $1.10
Labor Hours Per Unit 0.2 0.2
Sales Orders 120 1
Purchase Orders 50 3
Production Runs 45 6
Material Moves 86 10
Machine Setups 130 6
Machine Hours 525 32
Inspections 200 10
Shipments 60 3
Activity Information from Instructions
Activity Activity Cost Activity Cost Driver
Order Processing $35,000 Number of Sales Orders
Purchasing $36,000 Number of Purchase Orders
Material Handing $28,000 Material Moves
Machine Setup $14,000 Machine Setups
Production $99,000 Production Runs
Assembly $80,000 Machine Hours
Inspecting $11,000 Number of Inspections
Shipping $7,500 Number of Shipments
Requirement 1
Activity Total Costs Quantity of Cost Allocation Base Overhead Allocation Rate
Order Processing $35,000 121 $289.26
Purchasing $36,000 53 $679.25
Material Handing $28,000 96 $291.67
Machine Setup $14,000 136 $102.94
Production $99,000 51 $1,941.18
Assembly $80,002 557 $143.63
Inspecting $11,000 210 $52.38
Shipping $7,500 63 $119.05
Requirement 2
Traditional Costing
Stick Umbrella Collapsible Umbrella Total
Revenues $750,000 $42,000 $792,000
Direct Materials $180,000 $9,300 $189,300
Direct Labor $90,000 $4,800 $94,800
Variable Overhead $24,000 $1,200 $25,200
Variable Selling Costs $66,000 $3,300 $69,300
Allocated Fixed Overhead $295,200 $14,760 $309,960
Total Costs $655,200 $33,360 $688,560
Operating Income $94,800 $8,640 $103,440
Operating Income % 12.64% 20.57%
Per Unit Operating Income $1.58 $2.88
Requirement 3
Activity-Based Costing
Stick Umbrella Collapsible Umbrella Total
Revenues $750,000 $42,000 $792,000
Direct Materials $180,000 $9,300 $189,300
Direct Labor $90,000 $4,800 $94,800
Variable Overhead $24,000 $1,200 $25,200
Variable Selling Costs $66,000 $3,300 $69,300
Order Processing Costs $34,711 $289 $35,000
Purchasing Costs $33,963 $2,038 $36,000
Material Handing Costs $25,084 $2,917 $28,000
Machine Setup Costs $13,382 $618 $14,000
Production Costs $87,353 $11,647 $99,000
Assembly Costs $75,406 $4,596 $80,002
Inspecting Costs $10,476 $524 $11,000
Shipping Costs $7,143 $357 $7,500
Total Costs $647,517 $41,586 $689,103
Operating Income $102,483 $414 $102,897
Operating Income % 14% 1%
Per Unit Operating Income $1.71 $0.14
Requirement 4
Costs per Unit Stick Umbrella Collapsible Umbrella
Traditional $1.58 $2.88
ABC $1.71 $0.14
Difference -$0.13 $2.74

Identify an alternative costing method that could benefit this company, and describe the main characteristics of that method. What should a company look for when trying to determine whether they should adopt such a system?Should the company adopt this alternative costing method?

In: Accounting

The city of​ Belgrade, Serbia, is contemplating building a second airport to relieve congestion at the...

The city of​ Belgrade, Serbia, is contemplating building a second airport to relieve congestion at the main airport and is considering two potential​ sites, X and Y. Hard Rock Hotels would like to purchase land to build a hotel at the new airport. The value of land has been rising in anticipation and is expected to skyrocket once the city decides between sites X and Y.​ Consequently, Hard Rock would like to purchase land now. Hard Rock will sell the land if the city chooses not to locate the airport nearby. Hard Rock has four​ choices: (1) buy land at​ X, (2) buy land at​ Y, (3) buy land at both X and​ Y, or​ (4) do nothing. Hard Rock has collected the following data​ (which are in millions of​ euros):                                                                                       Site X Site Y Current purchase price 26 22 Profits if airport and hotel built at this site 50 40 Sale price if airport not built at this site 12 7 Hard Rock determines there is a 50​% chance the airport will be built at X​ (hence, a 50​% chance it will be built at​ Y).

In: Statistics and Probability

4. Chapter 12: Using the attached dataset “Chapter 12 Data Set 1” to determine whether there...

4. Chapter 12: Using the attached dataset “Chapter 12 Data Set 1” to determine whether there was a change in tons of paper before vs. after a recycling program in these 25 districts. a. Is this a directional or non-directional hypothesis? b. Should you use a one-tailed or two-tailed test? c. Is a dependent samples t-test an appropriate way to analyze these data? d. Conduct the between groups t-test using Excel (either method). Use the .05 confidence level. What is your conclusion?

District   Before Recycling   After Recycling
District1   20   23
District2   6   8
District3   12   11
District4   34   35
District5   55   57
District6   43   76
District7   54   54
District8   24   26
District9   33   35
District10   21   26
District11   34   28
District12   33   31
District13   54   56
District14   23   22
District15   33   35
District16   44   41
District17   65   56
District18   43   34
District19   53   51
District20   22   21
District21   34   31
District22   32   33
District23   44   38
District24   17   15
District25   28   27

In: Statistics and Probability

Suppose there are two potential projects for investment. Project 1 has a certain payoff of $50...

Suppose there are two potential projects for investment. Project 1 has a certain payoff of $50 in one year, while project 2 has a 50% chance of generating $100 in one year, and another 50% chance of generating $0 in one year. Suppose the company has an outstanding debt = $50.

(1)Which project will shareholders prefer? Justify your answer.
(2)Which project will debt holders prefer? Justify your answer.
(3)Which project will the financial manager prefer? Justify your answer.

In: Finance

A new paint process has been installed in a manufacturing facility. With this process, the facility...

A new paint process has been installed in a manufacturing facility. With this process, the facility has to wait only 58 minutes for drying before the next coat can be applied. That is, with the new process, the average dry time was 58 minutes and the standard deviation was 15.9 minutes for a sample of 30 automobiles. Compare this to the process that was replaced. This process (old process) was studied for 50 automobiles and the average dry time was 64 minutes with a standard deviation of 16.8 minutes. Use an alpha of .05 for your hypothesis test. Call your present process “sample one” and the replaced process (old process) “sample two.”   You want the mean of sample 1 minus the mean of sample 2 to be negative.

Answer the following :

1- Give H0:      and   H1:

2- Level of Significance

30 Confidence coefficient is ?  

4- Sample One the Current Process       

Sample Size   

Sample mean

Sample Standard Deviation   

5- Sample Two the previous Process     

Sample Size   

Sample mean

Sample Standard Deviation

6- Current Sample Degrees of Freedom

7- Old process Sample Degrees of Freedom     

8- Total Degrees of Freedom     

9- Pooled Variance        

10- The difference in sample means  

11- Test Statistic  

12- Critical Value                                                         

13- p-value       

14- Conclusion:

.

.

.

What do you mean by "tail"?

In: Statistics and Probability

Write a program that prompts the user to input their first name from the keyboard and...

Write a program that prompts the user to input their first name from the keyboard and stores them in the variable "firstName". It does the same for last name and stores it in the variable "lastName". It then uses strcat to merge the two names, separates them by a space and stores the full name into a string variable called "fullName". In the end, the program must print out the string stored within fullName. ANSWER IN C LANGUAGE !

You may use the following declarations for this problem:
char firstName [50];
char lastName [50];
char fullName [50];

You *must* use the function below to print out the full name:
void printName(char fullName[])

Changing the function or its parameters is not permitted.

======================
Sample Output:
======================
Please enter your first name: John
Please enter your last name: Wick

Your full name is John Wick

In: Computer Science

This excerpt comes from an article titled “Eagle Eyes High-Coupon Callable Corporates” in the January 20,...

This excerpt comes from an article titled “Eagle Eyes High-Coupon Callable Corporates” in the January 20, 1992 issue of BondWeek, p.7:

If the bond market rallies further, Eagle Asset Management may take profits trading $8 million of seven-to 10-year Treasuries for high-coupon single-A industrials that are callable in two to four years according to Joseph Blanton, Senior VP. He thinks a further rally is unlikely, however.

Eagle has already sold seven-to 10-year Treasuries to buy $25 million of high-coupon, single-A nonbank financial credits. It made the move to cut the duration of its $160 million fixed income portfolio from 3.7 to 2.5 years, substantially lower than the 3.3-year duration of its bogey… because it thinks the bond rally has run its course…..

Blanton said he likes Single-A industrials and financials with a 9 ½ - 10% coupons because these are selling at wide spreads of about 100-150 basis points off Treasuries.

  1. What strategy or strategies has (have) been implemented by Mr. Blanton?
  2. What is meant by “the bond rally has run its course”? What is the implementation of this phrase on the future interest rate?
  3. What is the outlook of Mr. Blanton on the spread between the single-A bonds and the Treasuries?
  4. Why wouldn’t Mr. Blanton mind the Single-A industrials being callable?

In: Finance

Which of the following statements are correct regarding diversification requirements for participants in an ESOP? a....

Which of the following statements are correct regarding diversification requirements for participants in an ESOP?

a. Participants must be at lease 55 years old.

b. Participants must have been in the plan for more than 15 years.

c. Up to 50% of a participant’s ESOP balance can be diversified in the last year of the qualified election period.

d. Two of the above choices.

In: Finance

Person number X Value Y Value Person number X Value Y Value Person number X Value...

Person

number

X

Value

Y

Value

Person number

X

Value

Y

Value

Person number

X

Value

Y

Value

1

24

30

11

39

42

21

21

27

2

42

53

12

60

65

22

33

29

3

20

27

13

34

40

23

25

27

4

31

30

14

24

26

24

22

25

5

22

24

15

51

57

25

28

33

6

46

47

16

80

83

26

34

40

7

52

60

17

28

27

27

53

55

8

25

28

18

25

29

28

26

28

9

30

30

19

30

31

29

29

33

10

23

27

20

43

44

30

26

29

Work for the first variable, X:

  1. Construct a frequency table, containing at least 5 classes, but no more than 8 classes. [2]

Class

Frequency

  1. Make the following graphs, using Stat Crunch.
  1. histogram [2]
  1. frequency polygon [2]
  1. cumulative frequency polygon [2]
  1. stem and leaf [2]
  1. box plot [2]
  1. Obtain the descriptive statistics. [1]

In: Statistics and Probability

4. (22 pts) A psychologist conducts a study to determine the relationship between religion and self-esteem....

4. (22 pts) A psychologist conducts a study to determine the relationship

between religion and self-esteem. Ten eighth graders are randomly

selected for the study. Each individual undergoes two tests, one measuring

self-esteem and the other religious involvement. For the self-esteem test,

a higher score indicates higher self-esteem; for the test measuring

religious involvement, a higher the score indicates higher religious involvement. The self-esteem test has a range from 1 to 10 and the religious involvement test ranges from 0 to 50. Or the purposes of this question, assume both tests are well standardized and of interval scaling.

The following data are collected (see numbers to the left):

Subject

Religious Involvement

Self-Esteem

1

5

6

2

25

3

3

45

4

4

20

7

5

30

5

6

40

5

7

5

4

8

15

4

9

10

7

10

35

3

Answer the following:

A. (2 pts) If a relationship exists such that the more religiously involved one is, the higher actual self-esteem is, would you expect r computed on the provided values to be negative or positive?

B. (4 pts) Using SPSS, JASP, or the online calculator, compute the Pearson correlation coefficient for these data. Report the value of r. What does the direction of the effect (the positive or negative sign of r) tell you about whether higher self-esteem is associated with higher religious involvement or lower religious involvement? (Choose one.)

C. (2 pts) In SPSS, use religious involvement (the IV) to predict self-esteem (the DV). What proportion of variability in self-esteem is explained by variability in religious involvement?

D. (4 pts) Write the equation to predict self-esteem from religious involvement. Make the equation as detailed as you can (variable names, number for the coefficients).

E. (2 pts) Use the equation to predict the self-esteem of a person who had a religious involvement score of 27. Show your work.

F. (2 pts) For the Pearson correlation between religious involvement and self-esteem, state the null and alternative hypotheses.

G. (2 pts) Using Table E, report the degrees of freedom and the critical value for the Pearson r at an alpha of .05 (two-tailed).

H. (2 pts) What is your decision about the null hypothesis for the Pearson correlation (reject or fail to reject)? Also state the basis for your decision.

I. (2 pts) In psychology, a Pearson correlation of -.388 is usually considered a fairly substantial effect. If you failed to reject the null with this large a correlation, what could a possible explanation be? Write a sentence or two answering this question.

In: Statistics and Probability