What are the signs of opioid withdrawal?

What are some medical uses of marijuana or cannabinoids

Name 3 adverse effects of general anesthetics and the nursing care appropriate to help with these effects.

Why are local anesthetics with epinephrine not used near toes, fingers, noses, ears, or penis? Describe balanced anesthesia.

1. List at least two ways the retina has adapted to minimize the potential problem caused by the photoreceptors being the last layer of the retina that light reaches.
2. Describe the events that take place during accommodation for near vision.
3. Detail the separate mechanisms activated in photoreceptor cells in the presence and in the absence of light.

Why concrete mix proportions need to be designed? After completing the design mix process, explain what are the next steps to be done? If the same concrete mix proportions calculated in (a) is to be used for application near marine environment or in heavy industrial area, suggest with justification the possible modification that can be done.         

A) Refer to the diagram on “Speed Control of a Shunt Wound DC Motor.

Suppose the no load voltage V = 90V, R_a + R₁ = 4 ohms, R_sh + R_F = 130 ohms, and the motor runs at a rated speed of 1000 RPM when I_L = 4 amps. What is the back EMF V_B in volts when the motor runs at I_L = 6 amps?

Note: Type a 1-decimal number, rounded off to the nearest 0.1

B) How do you know that the compound motor provides good speed control at the no-load condition?

1) The torque speed curve is flat near zero torque. This means that small changes in load do not appreciably change the speed.

2) The torque speed curve is flat near zero torque. This means that large changes in load do not appreciably change the speed.

3) The torque speed curve has a large slope near zero torque. This means that large changes in load lead to very small changes in speed.

4) The compound motor runs at slow speeds when heavily loaded.

5) Items (1) and (4)

C) You are designing a new emergency brake mechanism for an automobile featuring one of the following DC motors. Which one would you choose?

1) Permanent magnet motor

2) Brushless motor

3) Servomotor

4) Compound wound motor

5) Torque motor

(D) Suppose you are building a machine where the timing sequence of two drive axes requires that they operate at precisely the same speed. What type of motor would you select: AC or DC and why?

1) You select identical DC motors because controlling frequency input gives simple and precise speed control

2) You select identical AC motors because highly accurate and reliable AC speed controllers can be bought for very cheap prices

3) You select identical DC motors because controlling voltage input gives simple and precise speed control

4) You select identical AC motors because the variance of torque and speed specs on NEMA specified motors is very small

5) It doesn’t matter whether you select an AC or a DC motor. The cost of supplying accurate speed control for either type of motor is the same.

1. For many years, Leno Corporation has used a straightforward cost-plus pricing system, marking its goods up approximately 25 percent of total cost. The company has been profitable; however, it has recently lost considerable business to foreign competitors that have become very aggressive in the marketplace. These firms appear to be using target costing.

An example of Leno’s problem is typified by item no. 8976, which has the following unit-cost characteristics:

The going market price for an identical product of comparable quality is $610, which is significantly below what Leno is charging.

-What is Leno’s current selling price of item no. 8976?

-If Leno used target costing for item no. 8976, what must happen to costs if the company desires to meet the market price and maintain its current rate of profit on sales? By how much?

-Suppose that by previous cost-cutting drives, costs had already been “pared to the bone” on item no. 8976. What might Leno be forced to do with its markup on cost to remain competitive? By how much?

-iTRUE OR FALSE) in many industries, prices are the result of an interaction between market forces and costs.

2. The following data pertain to Lawn Master Corporation’s top-of-the-line lawn mower.

To achieve a target price of $516 per lawn mower, the markup percentage is 12.1 percent on total unit cost.

Required:

1. What is the fixed selling and administrative cost allocated to each unit of Lawn Master’s top-of-the-line mower? (Do not round your intermediate computations. Round your final answer to the nearest dollar amount.)
2. For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $516 per mower: (Round your percentage answers to 2 decimal places (i.e., .1234 should be entered as 12.34).)

Download the Applying Excel form and enter formulas in all cells that contain question marks.

For example, in cell B34 enter the formula "= B9".

After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text.

Check your worksheet by changing the beginning work in process inventory to 300 units, the units started into production during the period to 18,200 units, and the units in ending work in process inventory to 500 units, keeping all of the other data the same as in the original example. If your worksheet is operating properly, the cost per equivalent unit for materials should now be $20.78 and the cost per equivalent unit for conversion should be $19.67. If you do not get these answers, find the errors in your worksheet and correct them.

Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2.

Requirement 2:

Change all of the numbers in the data area of your worksheet so that it looks like this:

3. Data:

4. Beginning work in process inventory:

5. Units in process: 500

6. Completion with respect to materials: 45%

7. Completion with respect to conversion: 60%

8.Costs in the beginning work in process inventory:

9. Material cost: $5442

10. Conversion cost: $18361

11. Units started into production during the period: $12800

12. Costs added to production during the period:

13. Materials cost: $309304

14. Conversion cost: $777923

15. Ending work in process inventory:

16. Units in process: 400

17. Comepletion with respect to materials: 40%

18. Completion with respect to conversion: 60%

If your formulas are correct, you should get the correct answers to the following questions.

(a) What is the equivalent units of production for materials?

(b) What is the equivalent units of production for conversion?

(c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.)

(d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.)

(e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.)

Requirement 3:

Either print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet.

Change the percentage completion with respect to conversion for the beginning inventory from 60% to 25%, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this:

If your formulas are correct, you should get the correct answers to the following questions.

(a) What is the equivalent units of production for materials?

(b) What is the equivalent units of production for conversion?

(c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.)

(d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.)

(e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.)

(f) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

• In the weighted-average method, the percentage completion of beginning inventory has no effect on the equivalent units of production.unanswered
• In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost per equivalent unit.unanswered
• In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost of the units transferred out.unanswered

Garrison 16e Rechecks 2017-10-13, 2017-10-25

Ch 13 excersises #3

Tony and Jeannie Nelson are married and file a joint return. They have four children whose ages are: 12,15,19 & 23. The three youngest live at home with their parents and qualify as their dependents. The oldest Roger got married on 5/5 2019 and lives with his wife, Jane. The 19-year old Tabitha is studying Fine Arts at Savannah College of Art & Design. During the summer she helps her mother put together the art exhibits. They provide you with the following information regarding their 2019 upcoming tax return:

1) Tony Nelson is an aerospace engineer he runs an engineering firm, Nelson Engineering (NE), as a sole proprietorship since 2010

. a) NE has very lucrative contracts with numerous aerospace companies and during 2019 it earned $702,000.

b) NE rents an office downtown where they meet with clients and conducts business. The rent includes all utilities. NE paid $38,000 in rent expense in 2019. In December 2019 the landlord offered to maintain the same yearly rent cost and Tony could receive an additional month's rent for free if he prepaid his 2020 year rent in advance. Tony agreed and paid an additional $38,000 on December 1, 2019 to cover January 2020 through January 2021 rent.

c) NE obtained a business loan from SunTrust Bank and paid $2,400 in prepaid interest for June 1, 2019 through May 30, 2020.

d) NE has a few employees, including an electrical engineer, a part-time engineering intern and an office manager. The combined wages for these employees is $196,000. Payroll taxes including for these employees is $15,000.

e) Tony took different business clients to see several home Miami Heat games followed by dinners at nearby restaurants where business was discussed. The meals were not considered lavish. The total cost for the Heat tickets and accompanying meals were $1,200 and $800, respectively.

f) In March 2019, Tony flew to a two-day engineering convention held in Phoenix, AZ requiring a two-night hotel stay. While there, Tony noted that the convention dress code was formal when he thought it would be casual. Tony immediately purchased a business suit for $300 (not considered lavish) at a nearby department store. All food costs were covered by the convention organizers. Other trip costs that Tony paid were airplane ticket $400 and hotel lodgings cost $200/night.

g) The depreciation for the year on the fixed assets owned by NE are estimated to total $3,400. Exam 2 – Take Home 2 h) All of NE’s business transactions are properly documented and supported by receipts/invoices. In addition to deductible portion of the items listed above the business will have an additional $4,400 of deductible other expenses.

I am looking for journal entries for part F.

Long-Term Asset Acquisition

Roxy and Harley (R & H) is considering a significant equipment replacement. R & H would like to replace some of their equipment before December 31, 2017. The equipment originally cost $850,000 and the equipment’s accumulated depreciation balance at the end of 2016 is will be $790,000. At this point the equipment is depreciated to its salvage value.

Your long-term asset accountant, Joe, tells you about four equipment options as follows:

construct new equipment and sell the old equipment,

exchange the old equipment for new equipment that is more efficient,

purchase new equipment that is more efficient and sell the old equipment, or

overhaul the old equipment.

The estimated life of any new equipment is 7 years.

R & H would like you to analyze the four options to determine the financial impact of each decision and any non-financial considerations that may result from each decision. Additional information about each option is presented below:

Option 1: Construct the new equipment in-house and sell the old equipment for cash at a fair value of $60,000. R & H would take out a one-year construction loan for $900,000 at the time construction begins at a short-term borrowing rate of 10% for the construction Anticipated actual expenditures for constructing the equipment are $980,000, and on a weighted-average basis the expenditures are approximately $625,000. The bulk of the $980,000 will be financed with the construction loan, and the balance will be financed through accounts payable. The interest on the short-term note is due and payable by year-end. (Note: Construction is assumed to be completed at year-end of 2017.)

Option 2: Exchange the equipment for a similar piece of equipment with a fair value of $995,000. The fair value of the old equipment is $60,000. R & H can borrow $850,000 on a one-year, 10% note. the balance will be funded with an accounts payable arrangement with the supplier. (Assume the exchange has commercial substance.)

Option 3: Purchase the new equipment by giving a non-interest-bearing note with five payments of $199,000 to the supplier (starting on the first day of note’s term and each year thereafter) and selling the old equipment for $60,000 cash. The first $199,000 payment would be made in late December 2016. The prevailing interest rate for obligations of this nature is 10%.

Option 4: Overhaul the existing equipment. The following expenses are anticipated under this approach: (1) The normal annual cost for lubrication and replacement of minor parts to maintain the integrity of the exterior body would be $55,000. (2) The cost of re-wiring interior components in an overhaul would be $250,000. (3) Replacing old worn components would cost $148,000 with associated labor costs of $310,000 for installation. The overhaul is estimated to extend the useful life of the equipment another four years. (The present equipment’s original useful life was eight years, starting January 1, 2008.) The costs will be financed at the end of 2017 through a one-year loan for at 10%.

Instructions

Prepare journal entries in general journal form for each of the four options.

Write a brief memo on how each option affects the financial statements. Include your journal entry(ies) in the body of your memo for each option. Discuss the strengths and weaknesses of each option.

(c) Since you are now in the process of analyzing the quantitative effects of this decision, you decide to also consider whether the acquisition of any new equipment will cause any employees to lose jobs. Also you wonder if there are other non-financial and/or ethical considerations you should include in your analysis. Write a memo describing other qualitative or subjective issues that you think R & H should consider in their analysis.

(d) At the next management team meeting, Roxy & Harley express some concern that any new equipment acquired to replace the old equipment may become obsolete within the next three to six years. Roxy & Harley want to know how the accounting rules for impairments would apply to any new equipment. Research the accounting literature (e.g., access the FASB Codification), to determine the official guidance for information on impairments including the timing and calculation of the amount. Be sure you describe the reasons for recording impairments and how recording any impairment actually can benefit the financial statements.

(e)   You seem to remember that asset impairments could be used to “manage earnings.” Search the Internet and accounting journals for recent stories in the business press about asset impairments and earnings management. Prepare a memo explaining how earnings might be managed through asset impairments

(f) What if you found out that the Research and Development account included current year costs of $380,000 and R& D Equipment with a cost of $200,000 and an estimated useful life of 10 years. Describe how that would impact the financial statements (do not revise the financial statements) and prepare the necessary journal entries assuming the financial statements have not been issued yet

6–C. Part 3. Proprietary Fund Financial Statements

Required:

Prepare, in good form, for the proprietary funds accounted for in Parts 1 and 2, the following:

(1) A Statement of Revenues, Expenses, and Changes in Fund Net position for the Year Ended December 31, 2017.

(2) A Statement of Net position, as of December 31, 2017.

(3) A Statement of Cash Flows for the Year Ended December 31, 2017. Include restricted assets as a part of cash and cash equivalents for this statement. (Assume any materials and labor attributable to construction in process were paid by year end).

***** I NEED THE ANSWERS TO THE INSTRUCTIONS ABOVE HERE. THE INFORMATION BELOW WILL HELP TO ANSWER THE QUESTION ABOVE, AS I ALREADY HAVE THE ANSWERS FOR THE QUESTIONS BELOW****

Previous Information

6–C. Part 1. Internal Service Fund Transactions

The Stores and Service Fund of the City of Monroe had the following account balances as of January 1, 2017:

Required:

a. Open a general journal for the City of Monroe Stores and Service Fund and record the following transactions.

(1) A budget was prepared for FY 2017. It was estimated that the price charged other departments for supplies should be 1.25% of cost to achieve the desired breakeven for the year.

(2) The amount due from other funds as of January 1, 2017, was collected in full.

(3) During the year, supplies were ordered and received in the amount of $307,000. This amount was posted to accounts payable.

(4) $15,000 of the advance from the Water Utility Fund, originally provided for construction, was repaid. No interest is charged.

(5) During the year, supplies costing $250,560 were issued to the General Fund, and supplies costing $46,400 were issued to the Water Utility Fund. These funds were charged based on the previously determined markup ($ 313,200 to General Fund and 58,000 to the Water Utility Fund).

(6) Operating expenses, exclusive of depreciation, were recorded in accounts payable as follows: Purchasing, $15,000; Warehousing, $16,900; Delivery, $17,500; and Administrative, $9,000.

(7) Cash was received from the General Fund in the amount of $310,000 and from the Water Utility Fund in the amount of $50,000.

(8) Accounts payable were paid in the amount of $365,000.

(9) Depreciation in the amount of $10,000 was recorded for buildings and $4,600 for equipment.

b. Post the entries to the Stores and Service Fund ledger (t-accounts).

c. Prepare and post an entry closing all nominal accounts to Net position. Compute the balance in the net position accounts, assuming there are no Restricted Net position.

6–C. Part 2. Enterprise Fund Transactions

The City of Monroe maintains a Water and Sewer Fund to provide utility services to its citizens. As of January 1, 2017, the City of Monroe Water and Sewer Fund had the following account balances:

Required:

a. Open a general journal for the City of Monroe Water and Sewer Utility Fund and record the following transactions.

(1) During the year, sales of water to non-government customers amounted to $1,018,000 and sales of water to the General Fund amounted to $37,000.

(2) Collections from non-government customers amounted to $976,000.

(3) The Stores and Services Fund repaid $15,000 of the long-term advance to the Water and Sewer Fund.

(4) Materials and supplies in the amount of $261,000 were received. A liability in that amount was recorded.

(5) Materials and supplies were issued and were charged to the following accounts: cost of sales and services, $169,500; selling, $15,000; administration, $18,000; construction work in progress, $50,000.

(6) Payroll costs for the year totaled $416,200 plus $34,200 for the employer’s share of payroll taxes. Of that amount, $351,900 was paid in cash, and the remainder was withheld for taxes. The $450,400 (416,200 + 34,200) was distributed as follows: cost of sales and services, $265,800; sales, $43,900; administration, $91,400; construction work in progress, $49,300.

(7) Bond interest (6½%) in the amount of $162,500 was paid.

(8) Interest in the amount of $17,000 (included in 7 above) was reclassified to Construction Work in Progress.

(9) Construction projects at the water treatment plant (reflected in the beginning balance of construction in process) were completed in the amount of $203,000, and the assets were placed in service. Payments for these amounts were made in the previous year (no effect on 2017 Statement of Cash Flows).

(10) Collection efforts were discontinued on bills totaling $2,890. The unpaid receivables were written off.

(11) An analysis of customer receivable balances indicated the Estimated Uncollectible Accounts needed to be increased by $5,500.

(12) Payment of accounts payable amounted to $302,000. Payments of payroll taxes totaled $95,200.

(13) Supplies transferred from the Stores and Services Fund amounted to $58,000. Cash in the amount of $50,000 was paid to the Stores and Services Fund for supplies.

(14) Depreciation expense for the year was computed to be $282,000.

(15) In accord with the revenue bond indenture, $25,000 cash was transferred from operating cash to restricted assets.

b. Post the entries to the Water and Sewer Fund ledger (t-accounts).

c. Prepare and post an entry closing all nominal accounts to Net position. Compute the balance in the net position accounts, assuming the only restricted assets are those identified with the bond indenture and the outstanding bonds are associated with the purchase of capital assets.