Q 2?Rafique Inc. makes product A and sells at selling price of SAR 45 per unit. Badr Inc. wants to buy 5,000 units at SAR 27 per unit. Rafique Inc. has a normal capacity of 101,000 units and projected sales to regular customers this year is 92,000 units. Per unit costs traceable to the product (based on normal capacity of 92,000 units) are listed below?
Direct Materials??8.1
Direct Labour?`??6.0
Variable Mfg. Overhead?6.2
Fixed mfg. overhead??4.8
Fixed administrative costs?0.8
Fixed Selling Costs??0.4
Does the quantitative analysis suggest that the company should accept the special order?
Q 1 Salem Corporation is producing product A. The company had problems related to quality. Customers have been returning the product in the last months.
?ABC costing method and ABM can be used to manage quality.
a.?Define each type of quality-related activity and give one example of each activity type.
b.?Suppose the managers implement an ABC system to measure the costs of quality. How could they use information from this system to improve the product?
s Q 3 Discuss the qualitative factors in Keep or Drop Decision in details.
In: Accounting
Mercury pollution is a serious ecological problem. It typically becomes dangerous once it falls into large bodies of water. At this point microorganisms change it into methylmercury (CH3203). The fish consume these microorganisms which makes them contaminated and hence anyone eating those fish are at risk.
Because of this, investigators are interested in research around mercury poisoning. In particular they want to investigate the methlymercury metabolism and whether it proceeds at a different rate for women than for men. The table below captures the half-life (in days) of an oral administration of protein-bound methlymercury among six females and nine males. Round all the numbers to 2 decimal places.
MUST SHOW HOW TO DO IT IN R AND BY HAND
|
Methlymercury half-lives (in days) |
||
|
Females |
Males |
|
|
52 |
72 |
|
|
69 |
88 |
|
|
73 |
87 |
|
|
88 |
74 |
|
|
87 |
78 |
|
|
56 |
70 |
|
|
78 |
||
|
93 |
||
|
74 |
||
|
Mean |
70.83 |
79.33 |
|
Standard Deviation |
15.09 |
8.08 |
In: Math
what is the formula in excel to get probability answers on range of numbers -
Question: mean number is 10.3 per day standard deviation is 2.25 per day for any day what is the probability that the number of customers returning items is between 12 and 14 I don't know how to write the equation to obtain P
In: Statistics and Probability
d. A travel agency is frequently asked questions about tourist
destinations. For
example, customers want to know details of the climate for a
particular month,
the population of the city, and other geographic facts. Sometimes
they request
the flying time and distance between two cities. The manager has
asked you to
create a database to maintain these facts.
In: Math
Below is the post-closing trial balance of Gracie Consultancy Services as at 30 June 2019:
|
Debit $ |
Credit $ |
|
|
Cash at bank |
38250 |
|
|
Accounts receivable |
8250 |
|
|
Equipment |
40500 |
|
|
Accumulated depreciation - Equipment |
675 |
|
|
Accounts payable |
14250 |
|
|
Wages payable |
4500 |
|
|
Revenue received in advance |
2625 |
|
|
Gracie, Capital |
|
64950 |
|
87000 |
87000 |
The following transactions occurred during the month July 2019.
|
July |
1 |
Paid employee salaries, $4500 for June. Gracie pays her employees’ accrued salaries on the first day of each calendar month. |
|
8 |
Invoiced customers for consultancy services performed, $13100. |
|
|
14 |
Performed $1125 of services for customers who paid in advance in June for consultancy services to be performed in July. |
|
|
15 |
Paid $8100 for 4 months office building rent. |
|
|
25 |
Gracie redrew capital of $1800. |
|
|
31 |
Purchased office supplies on account for $1350. |
Required
a) Journalise the transactions, including narrations.
b) Prepare an unadjusted trial balance as at 31 July 2019
In: Accounting
Based on the transactions below of Terry Company please complete the following tasks:
1. Prepare T Accounts for Each Transaction
2. Prepare Journal Entries for Each Transaction
3. Prepare the Trial Balance as a result of the transactions
4. Prepare the income statement
5. Prepare the statement of Retained Earnings (Beg RE is $0)
6. Prepare the Balance Sheet
Transactions:
Oct. 1 Terry purchased computer equipment for $8,400, paying $1,000 now, and issuing a promissory note for the balance; the note is due in monthly installments of $500 plus interest at 10% on the unpaid balance.
Oct 8 Terry records service revenue earned: $3,200 from cash customers; $12,000 for customers billed for completed services.
Oct 22 Common stock is issued for land with a fair value of $35,000.
October 31 An invoice for $1,200 is received from the company's advertising agency for ads that were run on radio and TV during October; the invoice is due in 30 days.
In: Accounting
Bramble Electronics operates as a decentralized company.
Bramble’s Battery division manufactures batter chargers that are
sold both externally to outside customers and internally to the
Camera division. Battery division’s annual capacity is 83,700
units. The revenue and costs associated with one battery charger
are as follows:
| Selling Price to external customers | $21 | |
| Variable Cost | 13 | |
| Fixed Cost (based on capacity) | 4 |
The Camera division would like to purchase 25,110 units of battery
chargers; however, Cameron, the manager of the Camera division, is
able to purchase the battery charger from an overseas supplier at
$19.
Assuming the Battery division operates at 60% capacity, what is the range of the transfer price, if any, for the battery charger? Cameron has learned that the Battery division operates below its capacity. He is willing to pay up to $18.50 for a battery charger. Should the Battery division accept the offer at $18.50?
| Minimum | ? TP ? |
Maximum |
The range $_______ ? TP ? $_________
The Battery division _____(should/should not) accept the offer to transfer the battery chargers at $18.50.
In: Accounting
Bramble Electronics operates as a decentralized company.
Bramble’s Battery division manufactures batter chargers that are
sold both externally to outside customers and internally to the
Camera division. Battery division’s annual capacity is 83,700
units. The revenue and costs associated with one battery charger
are as follows:
| Selling Price to external customers | $21 | |
| Variable Cost | 13 | |
| Fixed Cost (based on capacity) | 4 |
The Camera division would like to purchase 25,110 units of battery
chargers; however, Cameron, the manager of the Camera division, is
able to purchase the battery charger from an overseas supplier at
$19.
Assuming the Battery division operates at 85% capacity, what is the range of the transfer price, if any, for the battery charger? Cameron has learned that the Battery division operates below its capacity. He is willing to pay up to $18.50 for a battery charger. Should the Battery division accept the offer at $18.50?
| Minimum | ? TP ? |
Maximum |
The range $_______ ? TP ? $_________
The Battery division _____(should/should not) accept the offer to transfer the battery chargers at $18.50.
In: Accounting
Compare and Contrast Various Selling Models
The purpose of this assignment is to compare and contrast two or more competing selling models. The basis for this paper will be The Challenger Sale (Dixon and Adamson) versus Strategic Selling (Miller & Heiman).
Your arguments should provide rationale for your position and relate to specific outcomes (e.g., closing business, positioning as a business partner/consultant, long term relationship building, etc.)
In: Economics
Compare and Contrast Various Selling Models
The purpose of this assignment is to compare and contrast two or more competing selling models. The basis for this paper will be The Challenger Sale (Dixon and Adamson) versus Strategic Selling (Miller & Heiman).
Your arguments should provide rationale for your position and relate to specific outcomes (e.g., closing business, positioning as a business partner/consultant, long term relationship building, etc.)
In: Operations Management