Required information [The following information applies to the questions displayed below.] Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $44,500 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for May’s rent. 3 The company purchased $4,590 of office equipment on credit. 5 The company paid $730 cash for this month’s cleaning services. 8 The company provided consulting services for a client and immediately collected $5,200 cash. 12 The company provided $2,500 of consulting services for a client on credit. 15 The company paid $790 cash for an assistant’s salary for the first half of this month. 20 The company received $2,500 cash payment for the services provided on May 12. 22 The company provided $3,600 of consulting services on credit. 25 The company received $3,600 cash payment for the services provided on May 22. 26 The company paid $4,590 cash for the office equipment purchased on May 3. 27 The company purchased $80 of advertising in this month’s (May) local paper on credit; cash payment is due June 1. 28 The company paid $790 cash for an assistant’s salary for the second half of this month. 30 The company paid $300 cash for this month’s telephone bill. 30 The company paid $300 cash for this month’s utilities. 31 The company paid $1,600 cash in dividends to the owner (sole shareholder). 2.1. Prepare income statement for May. 2.2. Prepare statement of retained earnings for May. 2.3. Prepare Balance Sheet for May 31. 3. Prepare statement of cash flows for May. (Cash outflows should be indicated with a minus sign.)

Find the cost function if the marginal cost function is given by C' (x) = x^1/3 +9 and 27 units cost ​$415.

C(x) =

Problem 3:

Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:

The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:

Required:

Compute the activity rate for each of the activity cost pools.

4. What are the three major types of product costs in a manufacturing company?

5. A company manufactures dressers and uses $100 worth of wood in each dresser. How would you classify the wood with respect to the following cost classifications?

Is the wood a product cost or period cost?

Is the wood a fixed cost or variable cost?

Is the wood a material cost or manufacturing overhead cost?

6. What is the main purpose for using managerial accounting in a business?

7. The company president makes $100,000 per year. You are the accountant and must determine how to properly classify the salary. How would you classify the salary with regard to the following cost classifications?

Is the salary a fixed or variable cost?

Is the salary a period or product cost?

Is the salary a direct labor cost or selling & administrative cost

Problem 3:

Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:

The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:

Required:

Compute the activity rate for each of the activity cost pools.

4. What are the three major types of product costs in a manufacturing company?

5. A company manufactures dressers and uses $100 worth of wood in each dresser. How would you classify the wood with respect to the following cost classifications?

Is the wood a product cost or period cost?

Is the wood a fixed cost or variable cost?

Is the wood a material cost or manufacturing overhead cost?

6. What is the main purpose for using managerial accounting in a business?

7. The company president makes $100,000 per year. You are the accountant and must determine how to properly classify the salary. How would you classify the salary with regard to the following cost classifications?

Is the salary a fixed or variable cost?

Is the salary a period or product cost?

Is the salary a direct labor cost or selling & administrative cost?

Willingham Construction is in the business of building high-priced, custom, single-family homes. The company, headquartered in Anaheim, California, operates throughout the Southern California area. The construction period for the average home built by Willingham is six months, although some homes have taken as long as nine months.

You have just been hired by Willingham as the assistant controller and one of your first tasks is to evaluate the company’s revenue recognition policy. The company presently recognizes revenue upon completion for all of its projects and management is now considering whether revenue recognition over time is appropriate.

Once a company's publically traded shares are issued in the _____________ market, they trade in the _______________ market.

Group of answer choices

common; after

primary; forward

current; forward

primary; secondary

Explain the difference between a mutual fund and an exchange traded fund. Discuss load vs no-load funds. How do loads and fees affect investment returns?

Q1) A project requires an initial investment of $5,000. It is expected that the project will last 3 years and generate net cash flows of $3,500 for each of these years. If the discount rate for the project is 10%, the discounted payback period for the project.is:

Select one:

a. 1.63 years

b. 2.55 years

c. 1 year

d. More than 3 years

Q2) Capital rationing refers to the limiting of capital resources to under-performing divisions.

Select one:

True

False

Q3) A new project will generate annual revenue of $370,000 and will entail operating expenses of $150,000. The annual depreciation and amortisation for the assets used in the project will equal $50,000. An annual capital expenditure of $20,000 will be required to offset wear and tear on the assets used in the project but no additions to working capital will be required. The company tax rate will be 25 percent. What is the incremental annual free cash flow for the project?

Select one:

a. $150,500

b. $149,500

c. $157,500

d. None of the provided choices

Q4) RXP Ltd is a producer of tablet computers, and has already five different models selling in the market. The company is now considering a project that involves the launch of a new tablet computer model. The company's market analysts predict that the new model will be sold at a rate of 10,000 units per year and at a price of $500 per unit. However, the analysts further predict that the launch will decrease the sales revenue from existing models by about $1m per year. Given the scenario, please state whether the following statement is True or False:

While evaluating the project, the company should consider the decrease of sales revenue from existing models.

Select one:

True

False

The table below shows the scores of 25 Mathematics students in two mid-term tests and the Final test score.

Tasks:

• Perform multiple linear regression analysis using Microsoft Excel, assuming final test score as the dependent variable and test 1 and test 2 scores as independent variables.
• Correctly state the regression equation.
• Evaluate the significance of the regression fit for the data.
• Determine if the regression coefficients are significant.
• Check if independent variables are collinear.
• Comment on the residual plots.
• Use the regression equation to predict final score for
  • test 1 score = 82, and
  • test 2 score = 69

Submission Details:

• Submit a 3–4 page Microsoft Word document, using APA style.
• The relevant Excel output should be copied to this document.