What would be the net annual cost of the following checking accounts?
a. Monthly fee, $3.75; processing fee, .35 cents per check. Checks written, an average of 14 a month.
b. Interest earnings of 4 percent with a $550 minimum balance; average monthly balance, $650; monthly service charge of $12 for falling below the minimum balance, which occurs three times a year (no interest earned in these months)
In: Finance
What is the subdivision and beat pattern of the following meter?
6
4
Simple quadruple
Compound Triple
Simple Triple
Compound Duple
What is the beat unit of the previous meter?
Quarter Note
Half Note
Dotted Quarter Note
Dotted Half Note
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In: Advanced Math
A random sample of 250 students at a university finds that these students take a mean of 14.3 credit hours per quarter with a standard deviation of 1.5 credit hours. Estimate the mean credit hours taken by a student each quarter using a 98% confidence interval.
In: Statistics and Probability
A random sample of 250 students at a university finds that these students take a mean of 15.7 credit hours per quarter with a standard deviation of 1.5 credit hours. Estimate the mean credit hours taken by a student each quarter using a 98% confidence interval.
In: Statistics and Probability
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Question 5. Suppose titration of 100.00 mL mixture of 0.0500 M in Br- + 0.08 M Cl- with 0.4000 M AgNO3 with (AgNO3 completely dissolves, AgCl and AgBr are sparingly soluble)
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In: Chemistry
Assume that Martinez Company has the following transactions in its first month of operations.
| Date | Purchases | Sold | Balance | |||
| Feb. 1 | 2,100 @ $3.60 | 2,100 units | ||||
| Feb. 10 | 6,200 @ $3.95 | 8,300 units | ||||
| Feb. 21 | 4,400 units | 3,900 units | ||||
| Feb. 28 | 2,100 @ $4.30 | 6,000 units |
Martinez uses a perpetual inventory system.
Compute cost of goods sold and ending inventory at February 28,
assuming that Martinez uses the LIFO cost flow
assumption.
| Cost of goods sold | $ | |
| Ending inventory | $ |
In: Accounting
Perpetual Inventory Using LIFO
Beginning inventory, purchases, and sales for Item 88-HX are as follows:
| Mar. 1 | Inventory | 88 units @ $21 | |
| 8 | Sale | 70 units | |
| 15 | Purchase | 98 units @ $23 | |
| 27 | Sale | 82 units |
Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of goods sold on Mar. 27 and (b) the inventory on Mar. 31.
| a. Cost of goods sold on Mar. 27 | $ |
| b. Inventory on Mar. 31 | $ |
In: Accounting
In: Accounting
For each of the following brief scenarios, indicate whether the
HIGHEST ranking supervisor (in the scenario) acted
in an appropriate manner and give reasons as to
why or why not.
1. The purchasing manager for a firm had been bragging in the factory break room about the great deal that he got for the firm on some paper for the printing department of the organization. In the meantime, the manager of the printing department was discovering that the quality of the paper was inconsistent, and it was causing three times the normal amount of malfunctions of the printing equipment, resulting in extra labor usage and more than the usual waste of paper. The Vice-President of Production of this firm reviews the performance of each manager and support staff person at a group meeting of these people once every quarter. The Vice-President of Production, at the most recent meeting, praised the purchasing manager and criticized the manager of the printing department for their respective performances in keeping variances under control.
2. The Vice-President of Manufacturing at a major corporation recently issued a mandate that one unit per day from each assembly line in the organization must be pulled from the assembly line and subjected to destructive sampling to ensure the quality of all products being produced. The Paper Clip division produces 5,000 boxes of paper clips per day and gladly complied with the mandate. The Filing Cabinet division of the firm produces 15 filing cabinets per day. At this month's end-of-month review of division performance, the Vice-President criticized the Filing Cabinet division for the sudden 7% increase in materials and labor costs experienced and the sudden 6.5% drop in number of goods units of output from the amounts that the budget expected.
In: Accounting
CASE STUDY ----->>> "Sweet Tooth Cupcake and Pastry House
Sweet Tooth has managed the company until now basically running on a single Excel spreadsheet to determine costs, payroll hasn’t been much of an issue because it has run with just the labor of its two original founders, and inventory has been managed by looking at the shelf to know how much is left.
Sales history has been difficult to maintain. The founders know how much money is coming in and how much is going out, but they don’t know which products have been the most successful in terms of profit or sales volume other than by gut feel.
The time for an expansion to a second location and hiring of staff has come. With this expansion there will be additional needs for inventory management, sales tracking by product, location, etc., and payroll tracking.
This application needs to provide support for the following:
Question
I am working as an analyst, i need to be familiar with the business case and identify 5 questions I need answered from each role within the business that isn’t evident from the case study.
In: Accounting