Cost of Production Report: No Beginning Inventories
Howell Paving Company manufactures asphalt paving materials for highway construction through a one-step process in which all materials are added at the beginning of the process. During April 2017, the company accumulated the following data in its process costing system:

Manufacturing overhead is applied at the rate of $6 per equivalent unit (ton) processed.

Prepare a cost of production report for April.

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

For example, electricity costs are $1,300 per month plus $0.10 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.30 per car washed.

The actual operating results for August appear below.

Answer need to be in paragraph

1) Explain and discuss how you think studying for an exam is subject to the Law of Diminishing Returns. You might also throw into the discussion how this relates to opportunity cost and economic choice (marginal cost versus marginal benefit) of how you choose to spend your time.

THIS IS A GOOD POINT, NEAR THE MIDDLE OF THE SEMESTER, TO POINT OUT AGAIN THAT EVERY DISCUSSION REQUIRES AT LEAST A COUPLE OF PARAGRAPHS, AND THAT EVERY DISCUSSION IS BASED ON THE RELEVANT READINGS. THE GOAL IS TO SHOW THAT YOU KNOW HOW TO USE CONCEPTS LEARNED IN THE COURSE. .

2) TIME PERIODS

a.What is the distinction made by economists between the short run and the long run? Why is it important?

b. Cite and explain examples from various sized firms and/or various products  in the garment industry.

3) Implicit and Explicit Costs

(a) Why do economists look at implicit costs?

(b) Look at two businesses (one big and one small) and for each identify what might be their implicit costs. Be specific!

The following expenditures are related to land, land improvements and buildings, which were acquired on November 1, 2015.

Cost of real estate acquired for a new manufacturing plant S365,000 (the land is appraised for $262,800 and the building for $102,200)

Real estate taxes paid by the purchaser......$20,000

Cost of removing a barn..... $8,500

Architect's fees for updating the building..... $6750

Attorneys fees for closing the sale..... $12500

Grading land.... $3500

paving parking lot......$7000

Planting trees and shrubs.......$9250

Cost of repairs to building due to storm during construction..... $1300

lights placed on driveway .... $750

fee to real estate broker..... $2500

a) determine the cost of the land, the building and the improvements (round to nearest dollar)

b)prepare journal entries on Dec. 31, 2015 for depreciation assuming the building will have a useful life of 20 years and no residual value. Use double declining balance method and the half-year convention. Depreciate the land improvements using straight line method, a 5 year life, to the nearest month with zero residual value (to the nearest dollar).

Ignacio, Inc., had after-tax operating income last year of $1,195,500. Three sources of financing were used by the company: $1 million of mortgage bonds paying 4 percent interest, $4 million of unsecured bonds paying 6 percent interest, and $11 million in common stock, which was considered to be relatively risky (with a risk premium of 8 percent). The rate on long-term treasuries is 3 percent. Ignacio, Inc., pays a marginal tax rate of 30 percent. Required:

1. Calculate the after-tax cost of each method of financing. Enter your answers as decimal values rounded to three places. For example, 4.36% would be entered as ".044".

Mortgage bonds (Value)

Unsecured bonds (Value)

Common stock (Value)

2. Calculate the weighted average cost of capital for Ignacio, Inc. Round intermediate calculations to four decimal places. Round your final answer to four decimal places before converting to a percentage. For example, .06349 would be rounded to .0635 and entered as "6.35" percent.

(Percentage) %

Calculate the total dollar amount of capital employed for Ignacio, Inc.

$ (Value)

3. Calculate economic value added (EVA) for Ignacio, Inc., for last year. If the EVA is negative, enter your answer as a negative amount.

$ (Value)

Is the company creating or destroying wealth?

(Creating, Destroying)

4. What if Ignacio, Inc., had common stock which was less risky than other stocks and commanded a risk premium of 5 percent? How would that affect the weighted average cost of capital?

(Higher, Lower, Unaffected)

What is the new EVA? In your calculations, round weighted average percentage cost of capital to four decimal places. If the EVA is negative, enter your answer as a negative amount.

$ (Value)

calculate the percentage by mass of oxygen in the following compounds. C17H19NO3

if the percentage recovery of acetanilide was 50% , what does that mean?

The percentage of arsenic in a sample can be determined by titration with iodine. In the determination, all of the arsenic (As) in the sample is converted to HAsO2 followed by titration with iodine (I2) solution. The chemical equation for the reaction between HAsO2 and I2 is:

HAsO2 (aq) + I2 (aq) + 2 H2O (l) → H3AsO4 (aq) + 2 H+ (aq) + 2 I − (aq)

In an actual analysis, a 0.7034 g sample is dissolved and the arsenic (As) converted to HAsO2. Then the sample is titrated to the end point with 0.05225 M I2 solution. If 32.21 mL of the I2 solution were required to reach the end point, calculate the percentage of arsenic (as As) in the sample. (20 points)

To meet the standards in the shipment of a chemical product, the percentage of pollution
the variance must not exceed 4.

H₀: ?² = 4
H₁: ?² > 4

In a random sample of 20 shipments, variance of pollution percentages have been found as 5.62. Accordingly, find the power of the test for ?² = 7