Questions
Create a C++ program that makes use of both concepts i.e. Array of structure and array...

Create a C++ program that makes use of both concepts i.e. Array of structure and array within the structure by using the following guidelines:

1. Create an Array of 5 Structures of Student Records

2. Each structure must contain: a. An array of Full Name of Student b. Registration Number in proper Format i.e 18-SE-24 c. An array of Marks of 3 subjects d. Display that information of all students in Ascending order using “Name” e. Search a particular student and update its Marks of any particular subject.

In: Computer Science

Start by first: Write the code necessary to accept a date in the format (Alice:November,4,2020) and...

Start by first: Write the code necessary to accept a date in the format (Alice:November,4,2020) and store it in a structure called birthday. (Define the structure, declare the variable, ask the user for input, and store the values in the structure. The month should be a character array, the day and year should be integers.)

Then, Declare a pointer name bdayptr to the type of structure you defined in the previous question. Have the pointer point to the structure you declared, and using the pointer, update the name to the Queen and day to the 31.

C++ Coding Please. Comment in code if you can. thank you!

In: Computer Science

Problem 21-6 The following facts pertain to a noncancelable lease agreement between Faldo Leasing Company and...

Problem 21-6

The following facts pertain to a noncancelable lease agreement between Faldo Leasing Company and Bridgeport Company, a lessee.

Inception date January 1, 2017
Annual lease payment due at the beginning of
   each year, beginning with January 1, 2017 $117,768
Residual value of equipment at end of lease term,
   guaranteed by the lessee $50,000
Lease term 6 years
Economic life of leased equipment 6 years
Fair value of asset at January 1, 2017 $556,000
Lessor’s implicit rate 13 %
Lessee’s incremental borrowing rate 13 %


The lessee assumes responsibility for all executory costs, which are expected to amount to $4,800 per year. The asset will revert to the lessor at the end of the lease term. The lessee has guaranteed the lessor a residual value of $50,000. The lessee uses the straight-line depreciation method for all equipment.

Click here to view factor tables

Prepare an amortization schedule that would be suitable for the lessee for the lease term. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.)

BRIDGEPORT COMPANY (Lessee)
Lease Amortization Schedule
Date
Annual Lease
Payment Plus GRV
Interest on
Liability
Reduction of Lease
Liability
Lease Liability
1/1/17
$
$
$
$
1/1/17
1/1/18
1/1/19
1/1/20
1/1/21
1/1/22
12/31/22
$
$
$

Prepare all of the journal entries for the lessee for 2017 and 2018 to record the lease agreement, the lease payments, and all expenses related to this lease. Assume the lessee’s annual accounting period ends on December 31 and reversing entries are used when appropriate. All executory costs are paid as incurred. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places e.g. 58,971.)

Date
Account Titles and Explanation
Debit
Credit

Jan. 1, 2017
During 2017
Dec. 31, 2017
Jan. 1, 2018
During 2018
Dec. 31, 2018
(To record the lease.)
(To record first lease payment.)

Jan. 1, 2017
During 2017
Dec. 31, 2017
Jan. 1, 2018
During 2018
Dec. 31, 2018

Jan. 1, 2017
During 2017
Dec. 31, 2017
Jan. 1, 2018
During 2018
Dec. 31, 2018
(To record interest.)
(To record depreciation.)

Jan. 1, 2017
During 2017
Dec. 31, 2017
Jan. 1, 2018
During 2018
Dec. 31, 2018
(To reverse the December 31 entry.)
(To record the second lease payment.)

Jan. 1, 2017
During 2017
Dec. 31, 2017
Jan. 1, 2018
During 2018
Dec. 31, 2018

Jan. 1, 2017
During 2017
Dec. 31, 2017
Jan. 1, 2018
During 2018
Dec. 31, 2018
(To record interest.)
(To record depreciation.)

In: Accounting

Calculate the monthly returns for 08/01/2015 – 08/31/2019 period for (iii) Chevron: Date Adj Close 8/1/2015...

Calculate the monthly returns for 08/01/2015 – 08/31/2019 period for

(iii) Chevron:

Date Adj Close
8/1/2015 67.98351
9/1/2015 67.04664
######## 77.24643
######## 77.62042
######## 77.39832
1/1/2016 74.39566
2/1/2016 71.78875
3/1/2016 83.11975
4/1/2016 89.02702
5/1/2016 87.99893
6/1/2016 92.30142
7/1/2016 90.23226
8/1/2016 88.55934
9/1/2016 91.57452
######## 93.20279
######## 99.26207
######## 105.7736
1/1/2017 100.0671
2/1/2017 101.1006
3/1/2017 97.41397
4/1/2017 96.80608
5/1/2017 93.88468
6/1/2017 95.61873
7/1/2017 100.0729
8/1/2017 98.63402
9/1/2017 108.7711
######## 107.2807
######## 110.1504
######## 116.9746
1/1/2018 117.1241
2/1/2018 104.5755
3/1/2018 107.6171
4/1/2018 118.0636
5/1/2018 117.2992
6/1/2018 120.3496
7/1/2018 120.1973
8/1/2018 112.7629
9/1/2018 117.5152
######## 107.2994
######## 114.3053
######## 105.5726
1/1/2019 111.2593
2/1/2019 116.0435
3/1/2019 120.7387
4/1/2019 117.6805
5/1/2019 111.5936
6/1/2019 123.1738
7/1/2019 121.8573
8/1/2019 116.5222

(iv) Intel:

Date Adj Close
8/1/2015 25.32108
9/1/2015 26.96275
######## 30.29062
######## 31.10468
######## 31.03551
1/1/2016 27.94547
2/1/2016 26.65721
3/1/2016 29.40016
4/1/2016 27.51891
5/1/2016 28.70946
6/1/2016 30.06661
7/1/2016 31.95494
8/1/2016 32.89911
9/1/2016 34.86641
######## 32.2064
######## 32.04939
######## 33.7531
1/1/2017 34.26493
2/1/2017 33.68795
3/1/2017 33.80661
4/1/2017 33.88159
5/1/2017 33.8441
6/1/2017 31.85807
7/1/2017 33.49157
8/1/2017 33.11388
9/1/2017 36.22591
######## 43.27512
######## 42.65676
######## 44.17273
1/1/2018 46.06749
2/1/2018 47.16798
3/1/2018 50.17598
4/1/2018 49.73279
5/1/2018 53.18191
6/1/2018 48.16903
7/1/2018 46.60894
8/1/2018 46.92871
9/1/2018 46.10273
######## 45.70302
######## 48.07202
######## 46.0397
1/1/2019 46.22609
2/1/2019 51.9553
3/1/2019 53.01519
4/1/2019 50.38911
5/1/2019 43.47838
6/1/2019 47.54896
7/1/2019 50.21099
8/1/2019 47.09205

(v) Tesla:

Date Adj Close
8/1/2015 249.06
9/1/2015 248.4
######## 206.93
######## 230.26
######## 240.01
1/1/2016 191.2
2/1/2016 191.93
3/1/2016 229.77
4/1/2016 240.76
5/1/2016 223.23
6/1/2016 212.28
7/1/2016 234.79
8/1/2016 212.01
9/1/2016 204.03
######## 197.73
######## 189.4
######## 213.69
1/1/2017 251.93
2/1/2017 249.99
3/1/2017 278.3
4/1/2017 314.07
5/1/2017 341.01
6/1/2017 361.61
7/1/2017 323.47
8/1/2017 355.9
9/1/2017 341.1
######## 331.53
######## 308.85
######## 311.35
1/1/2018 354.31
2/1/2018 343.06
3/1/2018 266.13
4/1/2018 293.9
5/1/2018 284.73
6/1/2018 342.95
7/1/2018 298.14
8/1/2018 301.66
9/1/2018 264.77
######## 337.32
######## 350.48
######## 332.8
1/1/2019 307.02
2/1/2019 319.88
3/1/2019 279.86
4/1/2019 238.69
5/1/2019 185.16
6/1/2019 223.46
7/1/2019 241.61
8/1/2019 225.61

In: Finance

Baci is a well-known lollipops maker in Western Australia and produces lollipops in two size, i.e.,...

Baci is a well-known lollipops maker in Western Australia and produces lollipops in two size, i.e., regular and large. The company sells their products to convenience stores, fairs, schools for fundraisers and in bulk on the internet. 2018 summer is approaching and Baci is preparing its budget for the December. All Baci’s lollipops are hand-made, mostly out of sugar, and attached to wooden sticks. Expected sales are based on past experience.

Other information for December 2018 is as follows:

Input prices :

Direct materials:

Sugar $0.50 per kg

Sticks $0.30 each

Direct manufacturing labour $8 per direct manufacturing labour hour (DMLH)

Input quantities per unit of output

Regular Large

Direct materials:

Sugar 0.25 kg 0.5 kg

Sticks 1 1

Direct manufacturing labour hour (DMLH) 0.2 hour 0.25 hour

Set-up hours per batch 0.08 hour 0.09 hour

Inventory data for direct materials1

Sugar Sticks

Beginning inventory 125 kg 350

Target ending inventory 240 kg 480

Cost of beginning inventory $64 $105

1: Baci accounts for direct materials using a FIFO cost flow assumption.

Sales and inventory data for finished goods2

Regular Large

Expected sales in units 3,000 1,800

Selling price $3 $4

Target ending inventory in units 300 180

Beginning inventory in units 200 150

Beginning inventory in dollars $500 $474

2: Baci uses a FIFO cost flow assumption for finished goods inventory.

All the lollipops are made in batches of 10. Baci incurs manufacturing overhead cost, and marketing and general administration costs, but customers pay for shipping. Other 3 than manufacturing labour costs, monthly processing costs are very small. Baci uses activity-based costing (ABC) and has classified all overhead costs for December 2018 as follows:

Cost type Denominator activity Rate

Manufacturing:

Set-up Set-up hours $20 per set-up hour

Processing Direct manufacturing labour hour (DMLH) $1.70 per DMLH

Non-manufacturing:

Marketing & general admin Sales revenue 10%

Required 1. Prepare each of the following for December 2018:

(e) Manufacturing overhead cost budgets for processing and set-up activities

(f) Budgeted unit cost of ending finished goods inventory and ending inventories budget

(g) Cost of goods sold budget

(h) Marketing and general administration costs budget

In: Accounting

On November 10, 2017, Singh Electronics began to buy and resell scanners for $47 each. Singh...

On November 10, 2017, Singh Electronics began to buy and resell scanners for $47 each. Singh uses the perpetual system to account for inventories. The scanners are covered under a warranty that requires the company to replace any non-working scanner within 90 days. When a scanner is returned, the company simply throws it away and mails a new one from inventory to the customer. The company’s cost for a new scanner is only $27. Singh estimates warranty costs based on 15% of the number of units sold. The following transactions occurred in 2017 and 2018 (ignore GST and PST):

2017
  Nov. 15 Sold 4,000 scanners for $188,000 cash.
30 Recognized warranty expense for November with an adjusting entry.
  Dec. 8 Replaced 280 scanners that were returned under the warranty.
15 Sold 6,800 scanners.
29 Replaced 66 scanners that were returned under the warranty.
31 Recognized warranty expense for December with an adjusting entry.
2018
  Jan. 14 Sold 340 scanners.
20 Replaced 88 scanners that were returned under the warranty.
31 Recognized warranty expense for January with an adjusting entry.


Required:
1.
How much warranty expense should be reported for November and December 2017?

Warranty Expense
November
December
Total $

2. How much warranty expense should be reported for January 2018? (Round your intermediate calculations and final answer to the nearest whole number.)

3. What is the balance of the estimated warranty liability as of December 31, 2017?

Warranty expense for November
Warranty expense for December
Cost of replacing items in December
Liability balance

4. What is the balance of the estimated warranty liability as of January 31, 2018?

Beginning balance
Warranty expense for January
Cost of replacing items in January
Liability balance

5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes).

1.Record the sale of scanners to customers.

2.Record the cost of the November 15 sale.

3.Record the scanner warranty expense and liability at 15% of the units sold.

4.Record the cost of scanner warranty replacements.

5.Record the sale of scanners to customers.

6.Record the cost of the December 15 sale.

7.Record the cost of scanners warranty replacements.

8.Record the scanner warranty expense and liability at 15% of the units sold.

9.Record the sale of scanners to customers.

10.Record the cost of the January 14 sale.

11.Record the cost of scanner warranty replacements.

12.Record the scanner warranty expense and liability at 15% of the units sold.

In: Accounting

On November 10, 2017, Singh Electronics began to buy and resell scanners for $47 each. Singh...

On November 10, 2017, Singh Electronics began to buy and resell scanners for $47 each. Singh uses the perpetual system to account for inventories. The scanners are covered under a warranty that requires the company to replace any non-working scanner within 90 days. When a scanner is returned, the company simply throws it away and mails a new one from inventory to the customer. The company’s cost for a new scanner is only $27. Singh estimates warranty costs based on 15% of the number of units sold. The following transactions occurred in 2017 and 2018 (ignore GST and PST):

2017
  Nov. 15 Sold 4,000 scanners for $188,000 cash.
30 Recognized warranty expense for November with an adjusting entry.
  Dec. 8 Replaced 280 scanners that were returned under the warranty.
15 Sold 6,800 scanners.
29 Replaced 66 scanners that were returned under the warranty.
31 Recognized warranty expense for December with an adjusting entry.
2018
  Jan. 14 Sold 340 scanners.
20 Replaced 88 scanners that were returned under the warranty.
31 Recognized warranty expense for January with an adjusting entry.


Required:
1.
How much warranty expense should be reported for November and December 2017?

Warranty Expense
November
December
Total $

2. How much warranty expense should be reported for January 2018? (Round your intermediate calculations and final answer to the nearest whole number.)

3. What is the balance of the estimated warranty liability as of December 31, 2017?

Warranty expense for November
Warranty expense for December
Cost of replacing items in December
Liability balance

4. What is the balance of the estimated warranty liability as of January 31, 2018?

Beginning balance
Warranty expense for January
Cost of replacing items in January
Liability balance

5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes).

1.Record the sale of scanners to customers.

2.Record the cost of the November 15 sale.

3.Record the scanner warranty expense and liability at 15% of the units sold.

4.Record the cost of scanner warranty replacements.

5.Record the sale of scanners to customers.

6.Record the cost of the December 15 sale.

7.Record the cost of scanners warranty replacements.

8.Record the scanner warranty expense and liability at 15% of the units sold.

9.Record the sale of scanners to customers.

10.Record the cost of the January 14 sale.

11.Record the cost of scanner warranty replacements.

12.Record the scanner warranty expense and liability at 15% of the units sold.

In: Accounting

On November 10, 2017, Singh Electronics began to buy and resell scanners for $47 each. Singh...

On November 10, 2017, Singh Electronics began to buy and resell scanners for $47 each. Singh uses the perpetual system to account for inventories. The scanners are covered under a warranty that requires the company to replace any non-working scanner within 90 days. When a scanner is returned, the company simply throws it away and mails a new one from inventory to the customer. The company’s cost for a new scanner is only $27. Singh estimates warranty costs based on 15% of the number of units sold. The following transactions occurred in 2017 and 2018 (ignore GST and PST):

2017
  Nov. 15 Sold 4,000 scanners for $188,000 cash.
30 Recognized warranty expense for November with an adjusting entry.
  Dec. 8 Replaced 280 scanners that were returned under the warranty.
15 Sold 6,800 scanners.
29 Replaced 66 scanners that were returned under the warranty.
31 Recognized warranty expense for December with an adjusting entry.
2018
  Jan. 14 Sold 340 scanners.
20 Replaced 88 scanners that were returned under the warranty.
31 Recognized warranty expense for January with an adjusting entry.


Required:
1.
How much warranty expense should be reported for November and December 2017?

Warranty Expense
November
December
Total $

2. How much warranty expense should be reported for January 2018? (Round your intermediate calculations and final answer to the nearest whole number.)

3. What is the balance of the estimated warranty liability as of December 31, 2017?

Warranty expense for November
Warranty expense for December
Cost of replacing items in December
Liability balance

4. What is the balance of the estimated warranty liability as of January 31, 2018?

Beginning balance
Warranty expense for January
Cost of replacing items in January
Liability balance

5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes).

1.Record the sale of scanners to customers.

2.Record the cost of the November 15 sale.

3.Record the scanner warranty expense and liability at 15% of the units sold.

4.Record the cost of scanner warranty replacements.

5.Record the sale of scanners to customers.

6.Record the cost of the December 15 sale.

7.Record the cost of scanners warranty replacements.

8.Record the scanner warranty expense and liability at 15% of the units sold.

9.Record the sale of scanners to customers.

10.Record the cost of the January 14 sale.

11.Record the cost of scanner warranty replacements.

12.Record the scanner warranty expense and liability at 15% of the units sold.

In: Accounting

6. A plant asset is acquired by a business on January 1, 2016, for $100,000. The...

6. A plant asset is acquired by a business on January 1, 2016, for $100,000. The asset's estimated residual value is $10,000 and its estimated life is 5 years. Management chooses to use straight-line depreciation.

On January 1, 2018, management revises the total useful life to 8 years and the residual value to $5,000.

Required:

Compute the balance in Accumulated Depreciation on January 1, 2018.

Compute the Depreciation Expense for the year ending December 31, 2018.

Compute the balance in Accumulated Depreciation on December 31, 2018.

Prepare the adjusting journal entry on December 31, 2018 for the year. Omit the explanation.

In: Accounting

Frederick Inc. had the following activities during 2018:

 

Frederick Inc. had the following activities during 2018:

Direct materials:

Beginning inventory

$30,000

Purchases

122,800

Ending inventory

12,200

Direct manufacturing labour

24,000

Manufacturing overhead

26,000

Beginning work-in-process inventory

1,300

Ending work-in-process inventory

2,000

Beginning finished goods inventory

42,000

Ending finished goods inventory

21,000

Required:

  1. What is the cost of direct materials used during 2018?
  2. What are the total manufacturing costs incurred for 2018?
  3. What is cost of goods manufactured for 2018?
  4. What is cost of goods sold for 2018?

In: Finance