SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-sustaining activity. The following costs will be assigned using the activity-based costing system:
| Driver and guard wages | $ | 860,000 |
| Vehicle operating expense | 290,000 | |
| Vehicle depreciation | 170,000 | |
| Customer representative salaries and expenses | 200,000 | |
| Office expenses | 60,000 | |
| Administrative expenses | 360,000 | |
| Total cost | $ | 1,940,000 |
The distribution of resource consumption across the activity cost pools is as follows:
| Travel | Pickup and Delivery |
Customer Service |
Other | Totals | ||||||
| Driver and guard wages | 50 | % | 35 | % | 10 | % | 5 | % | 100 | % |
| Vehicle operating expense | 70 | % | 5 | % | 0 | % | 25 | % | 100 | % |
| Vehicle depreciation | 60 | % | 15 | % | 0 | % | 25 | % | 100 | % |
| Customer representative salaries and expenses | 0 | % | 0 | % | 90 | % | 10 | % | 100 | % |
| Office expenses | 0 | % | 20 | % | 30 | % | 50 | % | 100 | % |
| Administrative expenses | 0 | % | 5 | % | 60 | % | 35 | % | 100 | % |
Required:
Complete the first stage allocations of costs to activity cost pools.
In: Accounting
SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-sustaining activity. The following costs will be assigned using the activity-based costing system: Driver and guard wages $ 1,180,000 Vehicle operating expense 610,000 Vehicle depreciation 490,000 Customer representative salaries and expenses 520,000 Office expenses 380,000 Administrative expenses 680,000 Total cost $ 3,860,000 The distribution of resource consumption across the activity cost pools is as follows: Travel Pickup and Delivery Customer Service Other Totals Driver and guard wages 50 % 35 % 10 % 5 % 100 % Vehicle operating expense 70 % 5 % 0 % 25 % 100 % Vehicle depreciation 60 % 15 % 0 % 25 % 100 % Customer representative salaries and expenses 0 % 0 % 90 % 10 % 100 % Office expenses 0 % 20 % 30 % 50 % 100 % Administrative expenses 0 % 5 % 60 % 35 % 100 % Required: Complete the first stage allocations of costs to activity cost pools.
In: Accounting
In: Computer Science
SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-sustaining activity. The following costs will be assigned using the activity-based costing system:
| Driver and guard wages | $ | 880,000 |
| Vehicle operating expense | 310,000 | |
| Vehicle depreciation | 190,000 | |
| Customer representative salaries and expenses | 220,000 | |
| Office expenses | 80,000 | |
| Administrative expenses | 380,000 | |
| Total cost | $ | 2,060,000 |
The distribution of resource consumption across the activity cost pools is as follows:
| Travel | Pickup and Delivery |
Customer Service |
Other | Totals | ||||||
| Driver and guard wages | 50 | % | 35 | % | 10 | % | 5 | % | 100 | % |
| Vehicle operating expense | 70 | % | 5 | % | 0 | % | 25 | % | 100 | % |
| Vehicle depreciation | 60 | % | 15 | % | 0 | % | 25 | % | 100 | % |
| Customer representative salaries and expenses | 0 | % | 0 | % | 90 | % | 10 | % | 100 | % |
| Office expenses | 0 | % | 20 | % | 30 | % | 50 | % | 100 | % |
| Administrative expenses | 0 | % | 5 | % | 60 | % | 35 | % | 100 | % |
Required:
Complete the first stage allocations of costs to activity cost pools.
In: Accounting
First Saudi cinema in 35 years to open on April 18 AMC plans to open its first new movie theater in the Saudi capital of Riyadh on April 18 Some 350 cinemas with more than 2,500 screens will be opened by 2030. The Saudi Ministry of Culture and Information has signed an agreement with AMC to open around 40 cinemas in 15 cities in Saudi Arabia over the next five years. The license, the first of its kind, will allow one of the world’s largest film companies, to operate cinemas in the Kingdom. Under the license, AMC plans to open its first new movie theater in the Saudi capital of Riyadh in April 18. The company signed a memorandum of understanding with the Public Investment Fund in November 2017 to discuss potential trade cooperation opportunities. Saudi Arabia, with a population of 32 million, mostly under the age of 30, is expected to be the region’s largest market for movie theaters. Last December, the Ministry of Culture and Information announced that commercial cinemas would be allowed to operate in the Kingdom starting from 2018, for the first time in more than 35 years. Dr. Awad bin Saleh Al-Awad, Minister of Culture and Information, said that granting the first license provides important investment opportunities for the cinema industry. He pointed out that the Saudi market is large and most of the population is under the age of 30, so they are eager to watch their favorite films in their country. He added that the goal of the Kingdom’s Vision 2030 is to improve the quality of life by providing additional leisure opportunities. He pointed out that the opening of cinemas will help support the local economy and contribute to the creation of new jobs. The cinemas will not require men and women to sit separately, a source told Reuters on Wednesday. Vision 2030 has set a target of raising Saudi Arabia’s annual spending on cultural and recreational activities from 2.9% of total Saudi household spending to 6% by 2030. Adam Aron, CEO of AMC, said the company is following with great admiration the creative movement of development projects in the Kingdom to open new economic sectors. “We are looking forward to providing entertainment services that will enable everyone to spend an enjoyable time playing world-class film shows across the Kingdom. AMC’s entry into the Saudi Arabian market comes in partnership with the Public Investment Fund (PIF) through its wholly-owned Leisure Development and Investment Company. The move to allow movie theaters to open up a local market with annual ticket sales of up to $1bn is what makes other leading movie chains keen to enter as the largest market in the Gulf region. AMC Theaters is an American movie theater chain owned and operated by Wanda Group. Founded in 1920, AMC has the largest share of the American theater market ahead of Regal Entertainment Group and Cinemark Theaters.
Conduct SWOT and PESTLE (Political, Economic, Social, Technological, Legal, Environmental) Analysis for the Cinema Industry.
Discuss the challenges of Saudi Entrepreneurs to enter Cinema Industry in KSA
In: Accounting
In a park there is a population of 750 mice that are either brown or white in color. Of this population, in which brown is dominant to white, approximately 305 individuals are white. Assuming that the population is at equilibrium for this gene/locus, answer the following.
(a) Calculate the allele frequencies and genotype frequencies. Show
your work below using proper symbols (p,2pq, etc.). Perform all
calculations to three decimal places. (Note: you will not be scored
on part A, but you need to do the work in part A first to help you
with the bonus.)
BONUS: After the previous predictions were made, actual samples
were obtained from all individuals in the population described
above. Genetic analyses were done, and it was found that of those
that were brown, 80 are BB and 365 are Bb. Is the population above
at equilibrium? Use the chi-square test to determine this. a. (Make
sure to show your work.) b. State whether the population is at
equilibrium and (c) explain your answer. (4)
In: Biology
A park ranger thanks that there is a relationship between the number of bugs in a forest and the total number of forest fires that aria of the forest experiences. The ranger takes a count of the number of bugs they catch in several traps over the course of the season and the number of fires that they experienced in those areas.
|
Number of Bugs caught (Rounded to the nearest thousand) |
Number of fires that season |
|
1 |
10 |
|
2 |
9 |
|
0 |
3 |
|
1 |
1 |
|
0 |
1 |
|
3 |
3 |
|
3 |
2 |
|
1 |
2 |
In: Statistics and Probability
Consider that you have a water park and a slide with no friction in it . Park visitors slide a vertical distance hh down the waterslide in a sitting position. When they come to the bottom of the slide, they grab a handle at the bottom end of a 5.00-m-long uniform pole. The pole hangs vertically, initially at rest. The upper end of the pole is pivoted about a stationary, frictionless axle. The pole with a person hanging on the end swings up through an angle of 70.0∘∘, and then the person lets go of the pole and drops into a pool of water. Treat the person as a point mass. The pole's moment of inertia is given by I=1/3 ML^2 , where L = 6.00 m is the length of the pole and M = 40.0 kg is its mass.
For a person of mass 70.0 kg, what must be the height hh in order for the pole to have a maximum angle of swing of 60.0∘ after the collision?
In: Physics
Linda is a sales associate at a large auto dealership. At her commission rate of 25% of gross profit on each vehicle she sells, Linda expects to earn 310 for each car sold and 390 for each truck or SUV sold. Linda motivates herself by using probability estimates of her sales. For a sunny Saturday in April, she estimates her car sales as follows:
| Cars sold | 0 | 1 | 2 | 3 |
| Probability | 0.3 | 0.3 | 0.1 | k |
Linda's estimate of her truck or SUV sales is
|
Truck or SUV sold |
0 | 1 | 2 |
| Probability | 0.3 | 0.35 | 0.35 |
5. Lindas best estimate of her earnings for the day.
| Incorrect. | Tries 3/5 | Previous Tries |
6. the variance of the number of cars Linda sells for the day.
| Incorrect. | Tries 2/5 | Previous Tries |
7. the variance of the number of trucks or SUVs Linda sells for the day.
8. the variance of Linda's earnings for the day.
In: Statistics and Probability
|
Rate of return if state occurs |
||||
|
State of economy |
Probability of state of economy |
Stock A |
Stock B |
Stock C |
|
Boom |
0.3 |
0.35 |
0.45 |
0.38 |
|
Good |
0.3 |
0.15 |
0.20 |
0.12 |
|
Poor |
0.3 |
0.05 |
–0.10 |
–0.05 |
|
Bust |
0.1 |
0.00 |
–0.30 |
–0.10 |
5. Consider the following information on three stocks in four possible future states of the economy:
Just For Fun (JFF):
See if you can find the optimal portfolio using the Solver function in MS Excel. To optimize the portfolio, you would want to find the optimal portfolio weights that will minimize the portfolio risk (standard deviation) while achieving a required rate of return (say, 15%). No marks are assigned for this problem, as it is JFF.
In: Finance