Exercise #4:   A Manufacturing Corporation had the following transactions for its first month of operations:

1.     The Corporation purchased raw materials on account, $85,000.
2.     Factory managers requisitioned Raw Materials of $30,000 to the factory. The materials requisition slips indicated that $6,000 was classified as indirect materials.
3.     Factory labor costs incurred were $125,000 of which $100,000 pertained to factory wages payable and $25,000 pertained to employer payroll taxes payable.
4.     Time tickets indicated that $104,000 was direct labor and $21,000 was indirect labor.
5.     Overhead costs incurred on account were $112,000.
6.     Manufacturing overhead was applied at the rate of 150% of direct labor cost.
7.     Goods costing $135,000 are still incomplete at the end of the month; the other goods were completed and transferred to finished goods.
8.     Finished goods costing $100,000 to manufacture were sold on account for $130,000.

Instructions

Journalize the above transactions for the Manufacturing Corporation.

Financial Statements of a Manufacturing Firm

The following events took place for Chi-Lite Inc. during June, the first month of operations as a producer of road bikes:

a. Prepare the June income statement for Chi-Lite. Assume that Chi-Lite uses the perpetual inventory method.

Identify the most likely transition metal M:

a)   K3[M(CN)6], in which M is a first-series transition metal and the complex has 3 unpaired electrons.

b)   [M(H2O)6]3+, in which M is a second-series transition metal and LFSE = –2.4 Do.

c)   Tetrahedral [MCl4]–, which has 5 unpaired electrons and M is a first-series transition metal.

d)   Square planar [MCl2(NH3)2], in which M is a d8 third-series transition metal.

Consider the following time series data.

D.) Justify your answer

1. Once glucose enters a cell, it it ‘phosphorylated' in order to

Select one:

a. trap it inside the cell

b. raise its free energy (G)

c. tag it for entry into mitochondria

d. remove protons (H+)

e. A and B

2. Energy transfers always make heat energy and more disorder. This tendancy toward more disorder refers to

Select one:

a. entropy

b. a heat sink

c. the big bang

d. e=mc squared

e. heat equilibrium

3. According to the current model, an enzyme binding to its target molecule is most like

Select one:

a. a square peg in a round hole, because the enzyme can bind to a variety of target molecules

b. a lock fitting a key, because the pocket where the enzyme fits its specific target molecule is precise, and rigid

c. a hand fitting a doorknob, because the enzyme folds around its target molecule, squeezing it

d. an electric pencil sharpener, because inserting the target molecule into the enzyme causes the enzyme to cut it

4. Which cell structure is INCORRECTLY matched with its function?

Select one:

a. Rough ER: Synthesis of membrane proteins

b. Smooth ER : Assembly of new membranes

c. Lysosome : Digestion of ‘food' substances taken into cell

d. Golgi body : Receives, modifies, and exports

e. Central vacuole : Physical support

5. Which of these are NOT features of microtubules?

Select one:

a. Assists in cell support and movement

b. Controls cell locomotion by cilia and flagella

c. Made of tubulin proteins

d. Are the thickest cytoskeletal fiber

e. Needed to form durable structures like hair and fingernails

Mary Jay, an American designer of luxury leather goods, had experienced growth by selling her goods in her own retail stores. As internet usage increased, Mary Jay did what many of her competitors did: she created a virtual online store on her company website. When the Canadian and US dollars were on par, many Canadian shoppers would purchase online through the US website since there were no retailers in Canada carrying Mary Jay goods. Eventually, Mary Jay opened her own retail stores in Canada after considering the risks and advantages of going global. She also created opportunities with major department stores to carry her goods under specific conditions.

1) How many channel levels did Mary Jay have? Explain each channel level.

2) Describe possible conflicts that can arise.

3) What is the most logical way to store and distribute product from the main warehouse in the US to the Canadian customer?

When will the world reach the 2.2 children per woman zero population growth rate?

Two particles oscillate in simple harmonic motion along a common straight-line segment of length 0.73 m. Each particle has a period of 3.8 s, but they differ in phase by π/8 rad. (a) How far apart are they 1.2 s after the lagging particle leaves one end of the path? (b) Are they then moving in the same direction, toward each other, or away from each other?

You have purchased a bond with 18 year maturity, 4% coupon rate, $1000 face value, and semi-annual payments for $927.09.

Two years later, when the YTM=3.8%, you sell the bond.

What was your average annual realized yield on the bond, if you were able to reinvest coupons at 3%? [Provide your answer in percent rounded to two decimals, omitting the % sign.]

1. In a laboratory containing polarographic equipment, six samples of dust were taken at various distances from the polarograph and the mercury content of each sample was determined. The following results were obtained.

Examine the possibility that the mercury arose from the polarograph.