Questions
The manager of a small hotel resort is considering expansion. He would like to issue bonds...

The manager of a small hotel resort is considering expansion. He would like to issue bonds but do not quite understand why he may or may not receive what amount of money is stated on the face of the bond but he has to repay what is on the face of the bond. Write a report to the manager explaining the market forces that determine how much money will be collected. Also explain how the interest payment on bonds are calculated and paid. bear in mind that the stated interest rate and the market interest rate are the two interest rate that work together to determine the market price of a bond. write in essay format no log explanation.

In: Accounting

Question 12Which pricing rule generates the greatest welfare forsociety?Amarginal costBfixed...

Question 12

Which pricing rule generates the greatest welfare for society?

Amarginal cost
Bfixed cost
Cvariable cost
Daverage cost
Etotal cost

Question 13

A firm’s willingness to supply its product in the long run is represented on a graph by the

Amarginal revenue (MR) curve.
Bpart of the marginal cost (MC) curve above minimum average variable cost (AVC).
Cmarket supply curve.
Dpart of the marginal cost (MC) curve above minimum average total cost (ATC).
Eentire marginal cost (MC) curve.

In: Economics

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable DVD players are as...

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable DVD players are as follows: Apr. 1 Inventory 79 units @ $48 10 Sale 53 units 15 Purchase 106 units @ $50 20 Sale 59 units 24 Sale 18 units 30 Purchase 28 units @ $53 The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column. Schedule of Cost of Merchandise Sold LIFO Method Portable Game Players Date Quantity Purchased Purchases Unit Cost Purchases Total Cost Quantity Sold Cost of Merchandise Sold Unit Cost Cost of Merchandise Sold Total Cost Inventory Quantity Inventory Unit Cost Inventory Total Cost Apr. 1 $ $ Apr. 10 $ $ Apr. 15 $ $ Apr. 20 Apr. 24 Apr. 30 Apr. 30 Balance $ $

Perpetual Inventory Using LIFO

Beginning inventory, purchases, and sales data for portable DVD players are as follows:

Apr. 1 Inventory 79 units @ $48
10 Sale 53 units
15 Purchase 106 units @ $50
20 Sale 59 units
24 Sale 18 units
30 Purchase 28 units @ $53

The business maintains a perpetual inventory system, costing by the last-in, first-out method.

Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4.

Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.

Schedule of Cost of Merchandise Sold
LIFO Method
Portable Game Players
Date Quantity Purchased Purchases Unit Cost Purchases Total Cost Quantity Sold Cost of Merchandise Sold Unit Cost Cost of Merchandise Sold Total Cost Inventory Quantity Inventory Unit Cost Inventory Total Cost
Apr. 1 $ $
Apr. 10 $ $
Apr. 15 $ $
Apr. 20
Apr. 24
Apr. 30
Apr. 30 Balance $ $

In: Accounting

Suppose a perfectly competitive paper firm can produce 10 tons of paper at an output level...

Suppose a perfectly competitive paper firm can produce 10 tons of paper at an output level where marginal revenue is equal to marginal cost. The price per ton of paper is $80 and the average total cost is $95. Suppose the total fixed cost = $100. How much is the profit if the firm shuts down?

In: Economics

Hi-Tek Manufacturing Inc. makes two types of industrial component parts—the B300 and the T500. An absorption...

Hi-Tek Manufacturing Inc. makes two types of industrial component parts—the B300 and the T500. An absorption costing income statement for the most recent period is shown below:

Hi-Tek Manufacturing Inc.
Income Statement

Sales

$

1,765,500

Cost of goods sold

1,224,490

Gross margin

541,010

Selling and administrative expenses

580,000

Net operating loss

$

(38,990)

Hi-Tek produced and sold 60,300 units of B300 at a price of $21 per unit and 12,800 units of T500 at a price of $39 per unit. The company’s traditional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company’s two product lines is shown below:

B300

T500

Total

Direct materials

$

400,500

$

162,500

$

563,000

Direct labor

$

120,400

$

42,200

162,600

Manufacturing overhead

498,890

Cost of goods sold

$

1,224,490

The company has created an activity-based costing system to evaluate the profitability of its products. Hi-Tek’s ABC implementation team concluded that $60,000 and $105,000 of the company’s advertising expenses could be directly traced to B300 and T500, respectively. The remainder of the selling and administrative expenses was organization-sustaining in nature. The ABC team also distributed the company’s manufacturing overhead to four activities as shown below:

Manufacturing

Activity

Activity Cost Pool (and Activity Measure)

Overhead

B300

T500

Total

Machining (machine-hours)

$

211,140

90,300

62,700

153,000

Setups (setup hours)

126,850

75

220

295

Product-sustaining (number of products)

100,400

1

1

2

Other (organization-sustaining costs)

60,500

NA

NA

NA

Total manufacturing overhead cost

$

498,890

Required

1. Compute the product margins for the B300 and T500 under the company’s traditional costing system. (Do not round your overhead rate. Round your other intermediate and final answers to the nearest whole number.)

B300

T500

Total

Product margin

$375,772

$164,946

$540,718

2. Compute the product margins for B300 and T500 under the activity-based costing system. (Negative product margins should be indicated by a minus sign. Round your intermediate calculations to 2 decimal places.)

B300

T500

Total

Product margin

$0

3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Do not round your overhead rate. Round your other intermediate calculations and final answers to the nearest whole number. Round your "Percentage" answer to 1 decimal place. (i.e. .1234 should be entered as 12.3))


   

B300


   

   

T500


   

   

Total


   

   

% of


   

   

% of


   

   

Amount


   

   

Total
    Amount


   

   

Amount


   

   

Total
    Amount


   

   

Amount


   

   

Traditional Cost System


   

   

%


   

   

%


   

   

%


   

   

%


   

   

%


   

   

%


   

   

Total cost assigned to products


   

   

$0


   

   

$0


   

   

0


   

   

Total cost


   

   

$0


   

   

B300


   

   

T500


   

   

Total


   

   

% of


   

   

% of


   

   

Amount


   

   

Total
    Amount


   

   

Amount


   

   

Total
    Amount


   

   

Amount


   

   

Activity-Based Costing System


   

   

Direct costs:


   

   

%


   

   

%


   

   

%


   

   

%


   

   

%


   

   

%


   

   

Indirect costs:


   

   

%


   

   

%


   

   

%


   

   

%


   

   

%


   

   

%


   

   

Total cost assigned to products


   

   

$0


   

   

$0


   

   

$0


   

   

Costs not assigned to products:


   

   

Total cost


   

   

$0


   

In: Accounting

Calculate a marginal cost and an average cost schedule for this firm?

Assume that a firm in a perfectly competitive industry has the following total cost schedule and can only produce in increments of 50 units as illustrated below:

Output( units )

Total Cost ($)

100

1000

150

1500

200

1800

250

2200

300

2800

350

3800

400

5200

Calculate a marginal cost and an average cost schedule for this firm?

If the prevailing market price is $12 per unit, how many units should be produced and sold if the firm is trying to maximize profits? What are the profits per unit? What is the total profit?

Is the industry in long-run equilibrium at the price?

In: Economics

The controller of Oriole Industries has collected the following monthly expense data for use in analyzing...

The controller of Oriole Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs.

Month

Total
Maintenance Costs

Total
Machine Hours

January $2,860 320
February 3,160 370
March 3,760 520
April 4,660 670
May 3,360 520
June 5,260 720
Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.)
Variable cost per machine hour $
Determine the fixed cost components using the high-low method.
Total fixed costs $

In: Accounting

Design a single stage BJT amplifier with the following constraints: This involves the following: -DC and...

Design a single stage BJT amplifier with the following constraints:

This involves the following:

-DC and AC analysis and the frequency response of the amplifier.

-Use a 2N2222 transistor

-Power supply (VCC): 6 V

-An input impedance near to 3 kΩ

-Overall midband voltage gain of -30 V/V

-A load resistance of 2 kΩ

-The input signal has an RSignal of 500 Ω

-Choose a good Qpoint and select the coupling and bypass capacitors to obtain an fL-3dB of 100 Hz.

-The capacitors and resistors should have commercial values

-Part of the design requirement is that the amplifier will exhibit maximum symetrica1 swing in the voltage collector.

The Total Harmonic Distortion of the output voltage should be less than 5% when a sine wave with an amplitude of 5 mV is applied by the signal.

Determine the analytical fH-3dB of the final design of the amplifier. When the final design is completed, obtain the frequency response of the amplifier to verify the midband voltage gain, fL-3dB and fH-3dB.

In: Electrical Engineering

Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses...

Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance $ 2,000 Mortgage interest 6,500 Property taxes 2,000 Repairs & maintenance 1,400 Utilities 2,500 Depreciation 14,500 During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. Alexa’s AGI from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. Assume Alexa receives $30,000 in gross rental receipts.

a. What effect do the expenses associated with the property have on her AGI?

Gross rental income
Expenses:
Insurance
Mortgage interest
Property taxes
Repairs & maintenance
Utilities
Depreciation
Less: total expenses 0
Balance—net rental income

b. What effect do the expenses associated with the property have on her itemized deductions?

In: Accounting

The five basic components of promotion include advertising, sales promotions, social media, publicity, and personal selling....

The five basic components of promotion include advertising, sales promotions, social media, publicity, and personal selling. All five components of the retailer’s promotion mix need to be managed from a total systems perspective.

All non-essential retail businesses are closed due to the COVID-19 lockdown. At some point (hopefully in the near future) we will return to normal and these businesses will reopen.

While these businesses will be receiving financial support from the government, many are going to be in a tight situation, and fighting for every dollar when the doors finally open. So, they will need to rely on sales promotion, publicity, social media and personal selling to succeed. Those that don’t get out of the gate strong may not survive.

Choose one of the following retailers: Hair Cuttery; Hand and Stone Massage; Modell’s; Caesars casino; or Outback Steakhouse.

Describe the best way your retailer choice can use the four promotional components (sales promotion, publicity, social media and personal selling) to be successful when the lockdown is over.

In: Operations Management