Questions
Design experiment on microevolution - Microevolution is the change in allele frequencies that occurs over time...

Design experiment on microevolution - Microevolution is the change in allele frequencies that occurs over time within a population.

Include 3 parts:

1. Experimental design.

2. Results.

3. Conclusions

In: Biology

Vitamin B12 was used in a column chromatography experiment as a marker to show when all...

Vitamin B12 was used in a column chromatography experiment as a marker to show when all of the protein had eluted off the column. Will vitamin B12 show up on the SDS-PAGE? Explain.

In: Chemistry

How would changing the type of bread (fresh from a bakery, no preservatives vs. prepackaged with...

How would changing the type of bread (fresh from a bakery, no preservatives vs. prepackaged with preservatives) affect the results of mold growth ? Describe an experiment that would test your hypothesis.”

In: Biology

Whos is Rosalind Franklin? Where did she study and what was the time period she worked?...

Whos is Rosalind Franklin? Where did she study and what was the time period she worked? what was her experiment and result? what was her contributions to our understanding of DNA

In: Biology

Concisely, describe the particular features of Creighton’s and McClintock’s experiment that allowed them to prove Morgan’s...

Concisely, describe the particular features of Creighton’s and McClintock’s experiment that allowed them to prove Morgan’s hypothesis that coupling and repulsion results from the physical exchange of DNA between homologous chromosomes?

In: Biology

What are the key principles of design of an experiment? Hint: what principles do you use...

What are the key principles of design of an experiment? Hint: what principles do you use to control for bias and chance variation etc. Give an illustrative example from real life.

In: Math

In the Milgram Obedience Study, a part of why there was so much obedience to authority...

In the Milgram Obedience Study, a part of why there was so much obedience to authority was because of the trust the participant had in the Experiment. Give 3 reasons why they trusted him so much.

In: Psychology

Plant Physiology suppose you suspect your gene of interest is expressed during M -phase, what type...

Plant Physiology
suppose you suspect your gene of interest is expressed during M -phase, what type of experiment(s) might you design to prove your hypothesis?

In: Biology

Below you will find part of a job description for a part-time position in a campus...

Below you will find part of a job description for a part-time position in a campus bookstore. Read each task in the job description and identify those tasks for which training (rather than employee selection techniques) would be appropriate. In the next exercise, you will be asked to determine how to train the employees for each of the tasks you identify.

Textbook Clerk

Job Summary

The Textbook Clerk is a university work-study position. The student hired for this job is responsible for assisting the Textbook Supervisor with book inventories, shelving duties, and customer requests. Additionally, the Textbook Clerk performs general clerical and messenger duties and operates the cash register when additional assistance is needed. Work Activities

Inventory Duties - Inventories books by section and course number - Informs supervisor of number of books to be returned - Writes ISBN-13 on inventory sheet - Verifies all information as typed on each textbook requisition - Records price information

Shelving Duties - Shelves returned books - Straightens shelves - Removes previous semester's textbooks from store shelves at the end of each semester - Shelves used books in the stockroom by title - Shelves new books in the stockroom by publisher - Places shelf cards on appropriate shelf - Dusts shelves - Dusts books

Customer Relations Duties - Phones professors regarding new textbook editions - Mails book arrival notices to professors

Clerical Duties - Creates and prints shelf cards - Creates and prints book arrival notices - Types PU-6 Forms - Photocopies book orders and notices about book arrivals

Messenger Duties - Delivers materials or messages to other employees - Delivers materials to university departments 100

Cash Register Duties

- Writes name on register tab at beginning and end of shift - Watches customers entering store to make sure they do not take books and backpacks into store - Tabulates price of purchases using cash register - Counts appropriate change and gives it to customers - Pages employee on register list to assist with checkout when lines are long - Approves student's’ checks by validating university ID or by certifying driver's license - Approves out-of-town checks by verifying name, address, and phone number with driver's license - Pages supervisor to fill out void slips - Completes in-slip forms for returns - Sells laundry tickets, computer disks, and dissection coupons to students - Verifies textbook tags for price and author codes to ensure that the correct tag is still on the textbook - Pages supervisor if tag and code are incorrect

__________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ _________________________________________________________________________________

In: Operations Management

1. Name three examples of property, plant and equipment. 2. Give an example of an intangible...

1. Name three examples of property, plant and equipment.

2. Give an example of an intangible asset with an identifiable useful life.

Why is land classified separately from other tangible long-term assets?

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the

question.

4. Which of the following would be classified as a tangible asset?

A)

Trademark.

B)

Goodwill.

C)

Land.

D)

Copyright.

5. Which of the following would be classified as a long-term operational asset?

A)

Inventory.

B)

Trademark.

C)

Notes receivable.

D)

Accounts receivable.

6. Which of the following terms is used to identify the process of expense recognition for

property, plant and equipment?

A)

Depreciation

B)

Revision

C)

Depletion

D)

Amortization

7. Harding Corporation acquired real estate that contained land, building and equipment.

The property cost Harding $1,900,000. Harding paid $350,000 and issued a note

payable for the remainder of the cost. An appraisal of the property reported the

following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.

What value will be recorded for the building?

A)

$950,000

B)

$1,100,000

C)

$175,000

D)

$800,000

8. Harding Corporation acquired real estate that contained land, building and equipment.

The property cost Harding $1,900,000. Harding paid $350,000 and issued a note

payable for the remainder of the cost. An appraisal of the property reported the

following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.

Assume that Harding uses the units of production method when depreciating its

equipment. Harding estimates that the purchased equipment will produce 1,000,000

units over its 5-year useful life and has salvage value of $34,000. Harding produced

265,000 units with the equipment by the end of the first year of purchase.

Which amount below is closest to the amount Harding will record for depreciation

expense for the equipment in the first year?

A)

$193,450

B)

$165,890

C)

$125,200

D)

$157,145

9. On January 6, 2016, the Mount Jackson Corporation purchased a tract of land for a

factory site for $1,500,000. An existing building on the site was demolished and the

new factory was completed on October 11, 2016. Additional cost data are shown below:

Construction cost or new building

$1,760,000

Real estate and attorney fees

                 15,400

Architect fees

               138,000

Cost to demolish old building

               133,200

Salvage recovery from old building

                (11,000)

Which of the following correctly states the capitalized cost of the (a) land and (b) the

new building?

A)

$1,500,000/$2,035,600

B)

$1,648,600/$1,887,000

C)

$1,637,600/$1,898,000

D)

$1,515,400/$2,020,200

10. On January 1, 2016, Phillips Company made a basket purchase including land, a

building and equipment for $380,000. The appraised values of the assets are $20,000

for the land, $340,000 for the building and $40,000 for equipment. Phillips uses the

double declining balance method of depreciation for the equipment which is estimated

to have a useful life of four years and a salvage value of $5,000. The depreciation

expense for 2016 for the equipment is:

A)

$9,500.

B)

$19,000.

C)

$20,000.

D)

$17,000.

Exam
Name_________________________________
ESSAY. Write your answer in the space provided or on a separate sheet of paper.
1)
Name three examples of property, plant and equipment.
2)
Give an example of an intangible asset with an identifiable useful life.
3)
Why is land classified separately from other tangible long-term assets?
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the
question.
4)
Which of the following would be classified as a tangible asset?
A)
Trademark.
B)
Goodwill.
C)
Land.
D)
Copyright.
4)
5)
Which of the following would be classified as a long-term operational asset?
A)
Inventory.
B)
Trademark.
C)
Notes receivable.
D)
Accounts receivable.
5)
6)
Which of the following terms is used to identify the process of expense recognition for
property, plant and equipment?
A)
Depreciation
B)
Revision
C)
Depletion
D)
Amortization
6)
7)
Harding Corporation acquired real estate that contained land, building and equipment.
The property cost Harding $1,900,000. Harding paid $350,000 and issued a note
payable for the remainder of the cost. An appraisal of the property reported the
following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.
What value will be recorded for the building?
A)
$950,000
B)
$1,100,000
C)
$175,000
D)
$800,000
7)
8)
Harding Corporation acquired real estate that contained land, building and equipment.
The property cost Harding $1,900,000. Harding paid $350,000 and issued a note
payable for the remainder of the cost. An appraisal of the property reported the
following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.
Assume that Harding uses the units of production method when depreciating its
equipment. Harding estimates that the purchased equipment will produce 1,000,000
units over its 5-year useful life and has salvage value of $34,000. Harding produced
265,000 units with the equipment by the end of the first year of purchase.
Which amount below is closest to the amount Harding will record for depreciation
expense for the equipment in the first year?
A)
$193,450
B)
$165,890
C)
$125,200
D)
$157,145
8)
1
9)
On January 6, 2016, the Mount Jackson Corporation purchased a tract of land for a
factory site for $1,500,000. An existing building on the site was demolished and the
new factory was completed on October 11, 2016. Additional cost data are shown below:
Construction cost or new building
$1,760,000
Real estate and attorney fees
15,400
Architect fees
138,000
Cost to demolish old building
133,200
Salvage recovery from old building
(11,000)
Which of the following correctly states the capitalized cost of the (a) land and (b) the
new building?
A)
$1,500,000/$2,035,600
B)
$1,648,600/$1,887,000
C)
$1,637,600/$1,898,000
D)
$1,515,400/$2,020,200
9)
10)
On January 1, 2016, Phillips Company made a basket purchase including land, a
building and equipment for $380,000. The appraised values of the assets are $20,000
for the land, $340,000 for the building and $40,000 for equipment. Phillips uses the
double declining balance method of depreciation for the equipment which is estimated
to have a useful life of four years and a salvage value of $5,000. The depreciation
expense for 2016 for the equipment is:
A)
$9,500.
B)
$19,000.
C)
$20,000.
D)
$17,000.
Exam
Name___________________________________
ESSAY. Write your answer in the space provided or on a separate sheet of paper.
1)
Name three examples of property, plant and equipment.
2)
Give an example of an intangible asset with an identifiable useful life.
3)
Why is land classified separately from other tangible long-term assets?
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the
question.
4)
Which of the following would be classified as a tangible asset?
A)
Trademark.
B)
Goodwill.
C)
Land.
D)
Copyright.
4)
5)
Which of the following would be classified as a long-term operational asset?
A)
Inventory.
B)
Trademark.
C)
Notes receivable.
D)
Accounts receivable.
5)
6)
Which of the following terms is used to identify the process of expense recognition for
property, plant and equipment?
A)
Depreciation
B)
Revision
C)
Depletion
D)
Amortization
6)
7)
Harding Corporation acquired real estate that contained land, building and equipment.
The property cost Harding $1,900,000. Harding paid $350,000 and issued a note
payable for the remainder of the cost. An appraisal of the property reported the
following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.
What value will be recorded for the building?
A)
$950,000
B)
$1,100,000
C)
$175,000
D)
$800,000
7)
8)
Harding Corporation acquired real estate that contained land, building and equipment.
The property cost Harding $1,900,000. Harding paid $350,000 and issued a note
payable for the remainder of the cost. An appraisal of the property reported the
following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.
Assume that Harding uses the units of production method when depreciating its
equipment. Harding estimates that the purchased equipment will produce 1,000,000
units over its 5-year useful life and has salvage value of $34,000. Harding produced
265,000 units with the equipment by the end of the first year of purchase.
Which amount below is closest to the amount Harding will record for depreciation
expense for the equipment in the first ye9)
On January 6, 2016, the Mount Jackson Corporation purchased a tract of land for a
factory site for $1,500,000. An existing building on the site was demolished and the
new factory was completed on October 11, 2016. Additional cost data are shown below:
Construction cost or new building
$1,760,000
Real estate and attorney fees
15,400
Architect fees
138,000
Cost to demolish old building
133,200
Salvage recovery from old building
(11,000)
Which of the following correctly states the capitalized cost of the (a) land and (b) the
new building?
A)
$1,500,000/$2,035,600
B)
$1,648,600/$1,887,000
C)
$1,637,600/$1,898,000
D)
$1,515,400/$2,020,200
9)
10)
On January 1, 2016, Phillips Company made a basket purchase including land, a
building and equipment for $380,000. The appraised values of the assets are $20,000
for the land, $340,000 for the building and $40,000 for equipment. Phillips uses the
double declining balance method of depreciation for the equipment which is estimated
to have a useful life of four years and a salvage value of $5,000. The depreciation
expense for 2016 for the equipment is:
A)
$9,500.
B)
$19,000.
C)
$20,000.
D)
$17,000.

In: Accounting