What did you learn about China from its earliest cultures along the Yellow River to the first Qin Emperor Qin Shi Huangdi? What were China's most interesting foundational stories, and accomplishments that you recall?
In: Nursing
Being a first line manager of telecom Company, you are required to make a proposal for purchasing six new 1300cc cars for office use. Elaborate, with working, the steps you will follow to take rational decision for purchasing the most suitable cars.
In: Operations Management
S08-18 Supernormal Growth [LO1]
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 4 percent thereafter. If the required return is 11 percent, and the company just paid a dividend of $2.45, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Current share price=
In: Finance
In: Physics
Here is a sample dataset: 126.3 258.9 298.4 345.2 89.2 459.2 688.1 441.3 459.2 487.1 647.2 784.9 647.2 675.5
(1) Draw a stem - and - leaf display for this dataset.
(2) What is the mean, median, mode?
(3) What is the range, variance, standard deviation?
(4) What is Q1, Q3?
(5) Is the smallest and largest outliers? Why?
(6) What is the percentage falling within 1 standard deviation? Does it satisfy the Empirical Rule?
In: Statistics and Probability
A process that fills packages is not stopped until four packages whose weight falls outside the specification are detected. Assume that each package has probability 0.01 of falling outside the specification and that the weights of the packages are independent.
a.Define the random variable of interest, its support, and parameter values over this period.
b. What is the probability that 50 packages need to be filled until the process is stopped?
c.Find the mean and variance of the number of packages that will be filled before the process is stopped.
In: Statistics and Probability
A trapezoid-shaped potato with base lengths of 1.5 cm and 2.0 cm respectively and a height/thickness of 0.5 cm was dried at a temperature of 70 oC in a convective oven for 24 h, if the surface temperature of the potato remained at 65 oC throughout the drying operation, describe the different changes that occurs during the constant and falling rate periods. If the convective heat transfer coefficient of stem/water is given as 850 W/m2oC, calculate the amount of heat transferred into the potato
In: Mechanical Engineering
Askew Company uses a periodic inventory system. The June 30,
2018, year-end trial balance for the company contained the
following information:
| Account | Debit | Credit | ||
| Merchandise inventory, 7/1/17 | 32,400 | |||
| Sales | 384,000 | |||
| Sales returns | 12,400 | |||
| Purchases | 244,000 | |||
| Purchase discounts | 6,400 | |||
| Purchase returns | 10,400 | |||
| Freight-in | 17,800 | |||
In addition, you determine that the June 30, 2018, inventory
balance is $40,400.
Required:
1. Calculate the cost of goods sold for the Askew
Company for the year ending June 30, 2018.
2. Prepare the year-end adjusting entry to record
cost of goods sold.
Prepare the year-end adjusting entry to record cost of goods sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
In: Accounting
The Craft company had the following transactions and events during its first year of operations. Estimated overhead for the year was $770,000; estimated direct labor cost for the year was $350,000.
Required: Prepare the journal entries to record the following transactions for the year.
a. Purchased materials on account: $567,000
b. Requisitioned materials for production as follows: direct materials - 85% of purchase indirect materials - 12% of purchases
c. Direct labor for production is $331,000, indirect labor is $125,000
d. Overhead incurred (NOT including materials or labor): $529,000
e. Overhead is applied to production based on direct labor costs
f. Goods costing $976,000 were completed during the period
g. Goods costing $513,200 were sold on account for $776,000
h. The balance in the manufacturing overhead accounnt was closed out to cost of goods sold.
In: Accounting
On October 31, the end of the first month of operations, Maryville Equipment Company prepared the following income statement, based on the variable costing concept:
| Maryville Equipment Company Variable Costing Income Statement For the Month Ended October 31 |
||||
| Sales (14,100 units) | $648,600 | |||
| Variable cost of goods sold: | ||||
| Variable cost of goods manufactured | $286,200 | |||
| Inventory, October 31 (1,800 units) | (32,400) | |||
| Total variable cost of goods sold | (253,800) | |||
| Manufacturing margin | $394,800 | |||
| Variable selling and administrative expenses | (169,200) | |||
| Contribution margin | $225,600 | |||
| Fixed costs: | ||||
| Fixed manufacturing costs | $63,600 | |||
| Fixed selling and administrative expenses | 42,300 | |||
| Total fixed costs | (105,900) | |||
| Operating income | $119,700 | |||
Prepare an income statement under absorption costing. Round all final answers to whole dollars.
In: Accounting