Victory Company uses weighted-average process costing to account for its production costs. Direct labor is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 700,000 units of product to finished goods. At the end of November, the goods in process inventory consist of 180,000 units that are 30% complete with respect to labor. Beginning inventory had $420,000 of direct materials and $139,000 of direct labor costs. The direct material cost added in November is $2,220,000, and the direct labor cost added is $3,254,000. Required: Determine the equivalent units of production with respect to (a) direct labor and (b) direct materials. Compute both the direct labor cost and the direct materials cost per equivalent unit. Compute both direct labor cost and direct materials cost assigned to (a) units completed and transferred out and (b) ending goods in process inventory. Type your responses in a Word document or Excel spreadsheet and upload it to the Week 6 Assignments page.
In: Accounting
Use the following data to conduct a Chi-square test
for each region of the company in the same manner you viewed in the
video:
RegionExpected
Actual
Southeast
Defined
10098
Open
100104Northeast
Defined
150188
Open
150214Midwest
Defined
125120
Open
125108Pacific
Defined
200205
Open
200278
Step 3:
Write an 800–1,000-word essay, utilizing APA
formatting, to discuss the following:
Describe why hypothesis testing is important to
businesses.
Report your findings from each Chi-square test that
you conducted.
Based solely on the Chi-square test, discuss whether
the company should accept the null hypothesis in each region or
reject it in favor of the alternate hypothesis.
Discuss any other statistical analyses you would want
the company to contemplate before deciding if it will go with a
defined or open sales strategy.
Describe and discuss at least 1 other business
scenario in which you believe Chi-square testing would be
h
In: Math
Question 2: Manufacturing Statement and Income Statement (20 marks in total)
Lake Ltd.’s accounting department provided following financial information:
|
Depreciation Expense - Factory Equipment |
$ 90,000 |
|
Direct Labour |
$ 1,284,000 |
|
Raw Material Inventory (1st July, 2016) |
$ 183,000 |
|
Raw Material Inventory (30th June, 2017) |
$ 186,000 |
|
Factory Rent |
$ 152,820 |
|
Finished Goods (1st July, 2016) |
$ 264,000 |
|
Finished Goods (30th June, 2017) |
$ 345,000 |
|
Indirect Labour |
$ 75,000 |
|
Indirect Materials |
$ 52,500 |
|
Sales Revenue |
$ 6,751,500 |
|
Administration Expenses |
$ 600,000 |
|
Selling & Distribution Expenses |
$ 1,200,000 |
|
Purchase of Raw Material |
$ 1,200,360 |
|
Freight In |
$ 90,000 |
|
Work in Process (1st July, 2016) |
$ 60,600 |
|
Work in Process (30th June, 2017) |
$ 57,330 |
Required: prepare a statement of Cost of Goods Manufactured and an Income Statement for Lake Ltd. for the year ended 30th June 2017. You can prepare the statements in an Excel spreadsheet then paste into Word.
In: Accounting
A company that makes language learning software wants to determine which of two approaches (Method A or Method B) to learning vocabulary would lead to the largest number of recalled words. The company wishes to evaluate the methods on 7 different languages (since languages differ in difficulty). Seven individuals, one per language, were recruited to learn words using Method A, and 7 individuals, one per language, were recruited to learn words using Method B.
After one month, each person completed a test of word recall. The data, representing the number of words recalled, are shown in the table below.
| Method A | Method B |
| 5 | 10 |
| 15 | 8 |
| 28 | 4 |
| 20 | 23 |
| 15 | 13 |
| 22 | 15 |
| 20 | 26 |
The company wishes to test whether there is a difference in the average number of words recalled between the two methods. Calculate the test statistic for this hypothesis to two decimal places. Take all calculations toward the final answer to three (3) decimal places
In: Math
Q1. Choose any ONE topic of your choice from the
following and write your opinion either PRO or CON
about it in your own words word limit 100 WORDS.
• Write your chosen question on top and mention
pro or con.
1.There should be only girls and only boys school.
PRO/CON
2.Is reading fiction a waste of time? Explain your
answer using specific reasons and examples to
support your position. PRO/CON
3.“Better a lie that soothes than a truth that hurts.”
Do you agree? Why or why not? Use specific
reasons and examples to explain your answer.
PRO/CON
4.Convince your best friend to try your favorite
eatery for fast food, their food is the best. Or
forbid them, their food is not up to the mark.
PRO/CON
5.I learn more by watching movies, videos and
clips on that same topic than reading about it.
PRO/CON
In: Computer Science
Building a single-family, partially custom-designed home as
required by Mrs. and Mr. John Thomas on Strath Dr., Alpharetta,
Georgia. The single-family home will have the following
features:
3,200 square-feet home with 4 bedrooms and 2.5 bathrooms Flooring
hard wood in the first floor, tiles in the kitchen and bathrooms,
carpet in bedrooms Granite kitchen countertops, GE appliances in
the kitchen 3-car garage and external landscaping Ceiling 10
infirst floor and vaulted 9 ceilingsin bedroom. Homes is requesting
that you complete the WBS to several levels such that the lowest
level represents work packages and activities. Also, you need to
make sure that no work components are missing to deliver the
project outcome: a single-family home. You are asked to exclude the
project management part of it and instead focus on the what aspect
of the project and not on the how aspect of the WBS. Once the WBS
is completely developed, please perform the following tasks.
develop a WBS (work breakdown structure) in Microsoft Excel or in Microsoft word (using tables).
In: Operations Management
In: Economics
Write 2 short Java programs based on the description below.
1) Write a public Java class called WriteToFile that opens a file called words.dat which is empty. Your program should read a String array called words and write each word onto a new line in the file. Your method should include an appropriate throws clause and should be defined within a class called TextFileEditor.
The string should contain the following words:
{“the”, “quick”, “brown”, “fox”}
2) Write a public Java class called DecimalTimer with public method displayTimer, that prints a counter and then increments the number of seconds. The counter will start at 00:00 and each time the number of seconds reaches 60, minutes will be incremented. You will not need to implement hours or a sleep function, but if minutes or seconds is less than 10, make sure a leading zero is put to the left of the number.
For example, 60 seconds:
00:00
00:01
00:02
. . .
00:58
00:59
01:00
In: Computer Science
Your task is to write an article describing the differences you have found or noticed so far between C++ and Java.
First you should go through the W3schools C++ tutorials as described in the week’s description, taking some notes about the differences between C++ and Java as you do so. Then, you should write your document.
Your document does not need to be long, but it should be well-written. Imagine that you are writing this for Java programmers who want to know about C++. You will be telling them about some of the differences between the two languages that you noticed as you began to learn about C++.
It would best to submit your article as a Word. Be sure to include your name and a title at the top of the article, much like we do with identifying documentation when programming, no specific format is required, as long as the information is there and your document doesn’t look too bad.
Practice writing about topics in Computer Science is important for students studying the discipline.
In: Computer Science
Performance Measures
Suppose a company at which executives were rewarded for meeting performance targets based only on profits and stock price switches to a balanced scorecard that adds measures for customer satisfaction, employee engagement, employee diversity, and ethical conduct to performance targets/control system. How would you expect executives’ performance to change in response to the new control system? How would you expect the company’s performance to change?
Market Controls
Google offers Google Apps, such as G-mail, Google Calendar, and Docs & Spreadsheets as collaboration tools for employees. Describe how the company could use market controls to determine whether Google employees use these software programs or competing software (e.g., Word and Excel). Use chapter concepts and terms to defend your position.
Answer in 7-10 sentences. For each website you visit to find information, if you use that information be sure to put it in your own words and include that website as a reference in APA format.
In: Operations Management