Periodic Inventory by Three Methods
Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at November 1, 2015, purchases invoices during the next 12 months, and the inventory count at October 31, 2016, are summarized as follows:
| Purchases Invoices | |||||||||||
Model |
Inventory, November 1 |
1st |
2nd |
3rd |
Inventory Count, October 31 |
||||||
| A10 | __ | 4 at | $ 64 | 4 at | $ 70 | 4 at | $ 76 | 6 | |||
| B15 | 8 at | $ 176 | 4 at | 158 | 3 at | 170 | 6 at | 184 | 8 | ||
| E60 | 3 at | 75 | 3 at | 65 | 15 at | 68 | 9 at | 70 | 5 | ||
| G83 | 7 at | 242 | 6 at | 250 | 5 at | 260 | 10 at | 259 | 9 | ||
| J34 | 12 at | 240 | 10 at | 246 | 16 at | 267 | 16 at | 270 | 15 | ||
| M90 | 2 at | 108 | 2 at | 110 | 3 at | 128 | 3 at | 130 | 5 | ||
| Q70 | 5 at | 160 | 4 at | 170 | 4 at | 175 | 7 at | 180 | 8 | ||
Required:
1. Determine the cost of the inventory on October 31, 2016, by the The method of inventory costing based on the assumption that the costs of merchandise sold should be charged against revenue in the order in which the costs were incurred.first-in, first-out method.
If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first.
| Dymac Appliances Cost of the Inventory-FIFO Method October 31, 2016 |
|||||
|---|---|---|---|---|---|
| Model | Quantity | Unit Cost | Total Cost | ||
| A10 | $ | $ | |||
| A10 | |||||
| B15 | |||||
| B15 | |||||
| E60 | |||||
| G83 | |||||
| J34 | |||||
| M90 | |||||
| M90 | |||||
| Q70 | |||||
| Q70 | |||||
| Total | $ | ||||
2. Determine the cost of the inventory on October 31, 2016, by the A method of inventory costing based on the assumption that the most recent merchandise inventory costs should be charged against revenue.last-in, first-out method.
If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the OLDEST units first.
| Dymac Appliances Cost of the Inventory-LIFO Method October 31, 2016 |
|||||
|---|---|---|---|---|---|
| Model | Quantity | Unit Cost | Total Cost | ||
| A10 | $ | $ | |||
| A10 | |||||
| B15 | |||||
| E60 | |||||
| E60 | |||||
| G83 | |||||
| G83 | |||||
| J34 | |||||
| J34 | |||||
| M90 | |||||
| M90 | |||||
| M90 | |||||
| Q70 | |||||
| Q70 | |||||
| Total | $ | ||||
3. Determine the cost of the inventory on October 31, 2016, by the weighted average cost method.
| Dymac Appliances Cost of the Inventory-Weighted Average Method October 31, 2016 |
|||||
|---|---|---|---|---|---|
| Model | Quantity | Unit Cost | Total Cost | ||
| A10 | $ | $ | |||
| B15 | |||||
| E60 | |||||
| G83 | |||||
| J34 | |||||
| M90 | |||||
| Q70 | |||||
| Total | $ | ||||
In: Accounting
Exercise 1. Given the following null and alternative hypotheses, conduct a hypothesis test using
an alpha equal to 0.05. (Note: The population standard deviations are assumed to be known.)
?0: ?1 – ?2 ≤ 0
?a: ?1− ?2> 0
? = 0.05
The sample means for the two populations are shown as follows:
|
Sample 1 |
Sample 2 |
|
n1= 40 |
n2= 50 |
|
x1= 144 |
x2= 129 |
|
s1= 11 |
s2= 16 |
In: Statistics and Probability
Consider three scenarios with the probabilities given below. Let the returns on two different stocks in these scenarios be as follows: Scenario Probability return K1 return K2 ω1 0.2 −10% −30% ω2 0.5 0% 20% ω3 0.3 10% 50% If a portfolio has 60% of funds invested in stock 1 and 40% of funds invested in stock 2, find the risk σV for this portfolio. (Need explanation not just spreadsheet)
In: Economics
Use the Housing Interest Rate database (see DATA at bottom of this question)
In this part using Housing Interest Rate database, the objective is to compare the variation in the FIXED_RATE between two periods; before 2000 and after year 2000.
I WILL GIVE YOU THUMBS UP AND EXCELLENT REVIEWS FOR HELP/GUIDANCE
WITH THIS. ANY HELP WILL BE GREATLY APPRECIATED! THANK YOU!
DATA:
| YEAR | MONTH | FIXED_RATE% | STARTS in $100 | # Houses SOLD |
| 1990 | 1 | 9.81 | 1551 | 45 |
| 1990 | 2 | 9.97 | 1437 | 50 |
| 1990 | 3 | 10.03 | 1289 | 58 |
| 1990 | 4 | 10.14 | 1248 | 52 |
| 1990 | 5 | 10.22 | 1212 | 50 |
| 1990 | 6 | 10.21 | 1177 | 50 |
| 1990 | 7 | 10.2 | 1171 | 46 |
| 1990 | 8 | 9.99 | 1115 | 46 |
| 1990 | 9 | 9.99 | 1110 | 38 |
| 1990 | 10 | 10.06 | 1014 | 37 |
| 1990 | 11 | 10.11 | 1145 | 34 |
| 1990 | 12 | 9.87 | 969 | 29 |
| 1991 | 1 | 9.75 | 798 | 30 |
| 1991 | 2 | 9.62 | 965 | 40 |
| 1991 | 3 | 9.45 | 921 | 51 |
| 1991 | 4 | 9.47 | 1001 | 50 |
| 1991 | 5 | 9.52 | 996 | 47 |
| 1991 | 6 | 9.49 | 1036 | 47 |
| 1991 | 7 | 9.49 | 1063 | 43 |
| 1991 | 8 | 9.52 | 1049 | 46 |
| 1991 | 9 | 9.33 | 1015 | 37 |
| 1991 | 10 | 9.1 | 1079 | 41 |
| 1991 | 11 | 8.77 | 1103 | 39 |
| 1991 | 12 | 8.58 | 1079 | 36 |
| 1992 | 1 | 8.35 | 1176 | 48 |
| 1992 | 2 | 8.46 | 1250 | 55 |
| 1992 | 3 | 8.65 | 1297 | 56 |
| 1992 | 4 | 8.71 | 1099 | 53 |
| 1992 | 5 | 8.68 | 1214 | 52 |
| 1992 | 6 | 8.52 | 1145 | 53 |
| 1992 | 7 | 8.28 | 1139 | 52 |
| 1992 | 8 | 8.09 | 1226 | 56 |
| 1992 | 9 | 7.92 | 1186 | 51 |
| 1992 | 10 | 7.92 | 1244 | 48 |
| 1992 | 11 | 8.06 | 1214 | 42 |
| 1992 | 12 | 8.18 | 1227 | 42 |
| 1993 | 1 | 8.08 | 1210 | 44 |
| 1993 | 2 | 7.86 | 1210 | 50 |
| 1993 | 3 | 7.67 | 1083 | 60 |
| 1993 | 4 | 7.56 | 1258 | 66 |
| 1993 | 5 | 7.48 | 1260 | 58 |
| 1993 | 6 | 7.48 | 1280 | 59 |
| 1993 | 7 | 7.34 | 1254 | 55 |
| 1993 | 8 | 7.24 | 1300 | 57 |
| 1993 | 9 | 7.08 | 1343 | 57 |
| 1993 | 10 | 6.93 | 1392 | 56 |
| 1993 | 11 | 6.99 | 1376 | 53 |
| 1993 | 12 | 7.2 | 1533 | 51 |
| 1994 | 1 | 7.19 | 1272 | 46 |
| 1994 | 2 | 7.14 | 1337 | 58 |
| 1994 | 3 | 7.32 | 1564 | 74 |
| 1994 | 4 | 7.68 | 1465 | 65 |
| 1994 | 5 | 8.15 | 1526 | 65 |
| 1994 | 6 | 8.33 | 1409 | 55 |
| 1994 | 7 | 8.36 | 1439 | 52 |
| 1994 | 8 | 8.5 | 1450 | 59 |
| 1994 | 9 | 8.5 | 1474 | 54 |
| 1994 | 10 | 8.64 | 1450 | 57 |
| 1994 | 11 | 8.79 | 1511 | 45 |
| 1994 | 12 | 8.9 | 1455 | 40 |
| 1995 | 1 | 9.06 | 1407 | 47 |
| 1995 | 2 | 8.96 | 1316 | 47 |
| 1995 | 3 | 8.82 | 1249 | 60 |
| 1995 | 4 | 8.6 | 1267 | 58 |
| 1995 | 5 | 8.3 | 1314 | 63 |
| 1995 | 6 | 7.88 | 1281 | 64 |
| 1995 | 7 | 7.76 | 1461 | 64 |
| 1995 | 8 | 7.88 | 1416 | 63 |
| 1995 | 9 | 7.82 | 1369 | 54 |
| 1995 | 10 | 7.71 | 1369 | 54 |
| 1995 | 11 | 7.63 | 1452 | 46 |
| 1995 | 12 | 7.51 | 1431 | 45 |
| 1996 | 1 | 7.28 | 1467 | 54 |
| 1996 | 2 | 7.24 | 1491 | 68 |
| 1996 | 3 | 7.47 | 1424 | 70 |
| 1996 | 4 | 7.82 | 1516 | 70 |
| 1996 | 5 | 8.05 | 1504 | 69 |
| 1996 | 6 | 8.17 | 1467 | 65 |
| 1996 | 7 | 8.27 | 1472 | 66 |
| 1996 | 8 | 8.19 | 1557 | 73 |
| 1996 | 9 | 8.2 | 1475 | 62 |
| 1996 | 10 | 8.12 | 1392 | 56 |
| 1996 | 11 | 7.92 | 1489 | 54 |
| 1996 | 12 | 7.77 | 1370 | 51 |
| 1997 | 1 | 7.87 | 1355 | 61 |
| 1997 | 2 | 7.87 | 1486 | 69 |
| 1997 | 3 | 7.91 | 1457 | 81 |
| 1997 | 4 | 8.1 | 1492 | 70 |
| 1997 | 5 | 8.14 | 1442 | 71 |
| 1997 | 6 | 8 | 1494 | 71 |
| 1997 | 7 | 7.79 | 1437 | 69 |
| 1997 | 8 | 7.69 | 1390 | 72 |
| 1997 | 9 | 7.69 | 1546 | 67 |
| 1997 | 10 | 7.57 | 1520 | 62 |
| 1997 | 11 | 7.5 | 1510 | 61 |
| 1997 | 12 | 7.41 | 1566 | 51 |
| 1998 | 1 | 7.24 | 1525 | 64 |
| 1998 | 2 | 7.19 | 1584 | 75 |
| 1998 | 3 | 7.19 | 1567 | 81 |
| 1998 | 4 | 7.21 | 1540 | 82 |
| 1998 | 5 | 7.21 | 1536 | 82 |
| 1998 | 6 | 7.2 | 1641 | 83 |
| 1998 | 7 | 7.13 | 1698 | 75 |
| 1998 | 8 | 7.09 | 1614 | 75 |
| 1998 | 9 | 6.97 | 1582 | 68 |
| 1998 | 10 | 6.82 | 1715 | 69 |
| 1998 | 11 | 6.85 | 1660 | 70 |
| 1998 | 12 | 6.88 | 1792 | 61 |
| 1999 | 1 | 6.89 | 1748 | 67 |
| 1999 | 2 | 6.92 | 1670 | 76 |
| 1999 | 3 | 7.01 | 1710 | 84 |
| 1999 | 4 | 7.05 | 1553 | 86 |
| 1999 | 5 | 7.09 | 1611 | 80 |
| 1999 | 6 | 7.34 | 1559 | 82 |
| 1999 | 7 | 7.59 | 1669 | 78 |
| 1999 | 8 | 7.79 | 1648 | 78 |
| 1999 | 9 | 7.87 | 1635 | 65 |
| 1999 | 10 | 7.87 | 1608 | 67 |
| 1999 | 11 | 7.87 | 1648 | 61 |
| 1999 | 12 | 7.9 | 1708 | 57 |
| 2000 | 1 | 8.08 | 1636 | 67 |
| 2000 | 2 | 8.27 | 1737 | 78 |
| 2000 | 3 | 8.31 | 1604 | 88 |
| 2000 | 4 | 8.27 | 1626 | 78 |
| 2000 | 5 | 8.35 | 1575 | 77 |
| 2000 | 6 | 8.43 | 1559 | 71 |
| 2000 | 7 | 8.29 | 1463 | 76 |
| 2000 | 8 | 8.16 | 1541 | 73 |
| 2000 | 9 | 8.03 | 1507 | 70 |
| 2000 | 10 | 7.95 | 1549 | 71 |
| 2000 | 11 | 7.85 | 1551 | 63 |
| 2000 | 12 | 7.68 | 1532 | 65 |
| 2001 | 1 | 7.31 | 1600 | 72 |
| 2001 | 2 | 7.13 | 1625 | 85 |
| 2001 | 3 | 7.06 | 1590 | 94 |
| 2001 | 4 | 7.09 | 1649 | 84 |
| 2001 | 5 | 7.18 | 1605 | 80 |
| 2001 | 6 | 7.21 | 1636 | 79 |
| 2001 | 7 | 7.21 | 1670 | 76 |
| 2001 | 8 | 7.13 | 1567 | 74 |
| 2001 | 9 | 6.97 | 1562 | 66 |
| 2001 | 10 | 6.76 | 1540 | 66 |
| 2001 | 11 | 6.67 | 1602 | 67 |
| 2001 | 12 | 6.89 | 1568 | 66 |
| 2002 | 1 | 7.02 | 1698 | 66 |
| 2002 | 2 | 6.98 | 1829 | 84 |
| 2002 | 3 | 6.98 | 1642 | 90 |
| 2002 | 4 | 7.11 | 1592 | 86 |
| 2002 | 5 | 6.99 | 1764 | 88 |
| 2002 | 6 | 6.87 | 1717 | 84 |
| 2002 | 7 | 6.72 | 1655 | 82 |
| 2002 | 8 | 6.53 | 1633 | 90 |
| 2002 | 9 | 6.36 | 1804 | 82 |
| 2002 | 10 | 6.23 | 1648 | 77 |
| 2002 | 11 | 6.2 | 1753 | 73 |
| 2002 | 12 | 6.21 | 1788 | 70 |
| 2003 | 1 | 6.09 | 1853 | 76 |
| 2003 | 2 | 6.02 | 1629 | 82 |
| 2003 | 3 | 5.9 | 1726 | 98 |
| 2003 | 4 | 5.9 | 1643 | 91 |
| 2003 | 5 | 5.74 | 1751 | 101 |
| 2003 | 6 | 5.5 | 1867 | 107 |
| 2003 | 7 | 5.53 | 1897 | 99 |
| 2003 | 8 | 5.88 | 1833 | 105 |
| 2003 | 9 | 6.19 | 1939 | 90 |
| 2003 | 10 | 6.05 | 1967 | 88 |
| 2003 | 11 | 6.06 | 2083 | 76 |
| 2003 | 12 | 6 | 2057 | 75 |
| 2004 | 1 | 5.92 | 1927 | 89 |
| 2004 | 2 | 5.85 | 1852 | 102 |
| 2004 | 3 | 5.71 | 2007 | 123 |
| 2004 | 4 | 5.72 | 1968 | 109 |
| 2004 | 5 | 6.07 | 1974 | 115 |
| 2004 | 6 | 6.25 | 1827 | 105 |
| 2004 | 7 | 6.26 | 1986 | 96 |
| 2004 | 8 | 6.1 | 2025 | 102 |
| 2004 | 9 | 5.9 | 1912 | 94 |
| 2004 | 10 | 5.91 | 2062 | 101 |
| 2004 | 11 | 5.89 | 1807 | 84 |
| 2004 | 12 | 5.9 | 2050 | 83 |
| 2005 | 1 | 5.9 | 2188 | 92 |
| 2005 | 2 | 5.9 | 2228 | 109 |
| 2005 | 3 | 5.98 | 1836 | 128 |
| 2005 | 4 | 6.09 | 2038 | 122 |
In: Statistics and Probability
Beryl's Iced Tea currently rents a bottling machine for $54,000
per year, including all maintenance expenses. It is considering
purchasing a machine instead, and is comparing two options:
A. Purchase the machine it is currently renting for $150,000.This
machine will require $22,000 per year in ongoing maintenance
expenses.
B. Purchase a new, more advanced machine for $250,000. This
machine will require $16,000per year in ongoing maintenance
expenses and will lower bottling costs by $14,000per year. Also,
$37,000 will be spent upfront training the new operators of the
machine.Suppose the appropriate discount rate is 8%per year and the
machine is purchased today. Maintenance and bottling costs are paid
at the end of each year, as is the rental of the machine. Assume
also that the machines will be depreciated via thestraight-line
method over seven years and that they have a ten-year life with a
negligible salvage value. The marginal corporate tax rate is 40%
Should Beryl's Iced Tea continue to rent, purchase its current
machine, or purchase the advanced machine? To make this decision,
calculate the NPV of the FCF associated with each alternative.
(Note: the NPV will be negative, and represents the PV of the
costs of the machine in each case.)
1. The NPV of renting the machine is ?
2. The NPV of option A?
3 The NPV of option B?
In: Finance
Here we will be taking data in as a file instead of from the command line (no cin). Note that the sample file provided here is not the file that I will use to grade your assignment but the formatting will be the same.
File input is very similar to how data comes in from the user through cin (using the same operators) but we will need to setup the stream ourselves.
First we need to include <fstream> at the top of our file.
We will need to create an input file stream to work from now. We will do this with ifstream. ifstream is a datatype just like int or float. Create a variable with the datatype being ifstream. We will define the variable by using the member accessor operator to call the open function and passing in “Person.txt”, which is where our data will be.
Example: [whatever the variable name is].open(“Person.txt”);
Your program must be setup to open “Person.txt” as the file. For testing you can add your own Person.txt file into visual studios as a resource.
The file your program will have to take in will be formatted like so:
The first 2 numbers are the min and max that the Person can work. Anything under the min and the employee is docked salary. Anything above and the employee must be paid overtime. These number may vary but min will always be less than the max.
There will then be 5 lines with different amounts of numbers (indicating the Person’s work times per line):
The first number will tell how many numbers will follow (since some weeks do not have 5 work days and can have holidays.
Example file 1:
35 45
5 8 8 7 9 8
4 10 8 2 13
6 4 8 10 9 8 1
5 8 10 10 10 10
3 8 7 8
Example file 2:
20 20
3 8 8 4
2 8 8
3 8 8 8
5 8 8 4 4 2
2 4 5
You will read the first number in using the stream extraction operator. Based on that number you can read in the rest of the numbers (again using the stream extraction operator). What you will be trying to identify is whether the Person whose data you read in worked more than their max hours per week - in which case you will indicate this by outputting “OVERTIME” and however much over the max the person worked for that week. Or if the Person worked less than their min you should output “DOCK” and indicate how many hours below min they worked.
The work week will always begin on a 5 day schedule, though some persons may work on the weekend (as much as 7 days). If the person only worked 4 days or less then they will still be held to the same min and max hours. Unless you are on the last week, which may not have 5 full days in it. For the last week you must prorate (get a percentage) according to how many days are indicated. Meaning if there is only 4 days in the last week and the employee normally will work 40 hours per their min then they would only have to work 32 (40 * 4/5 = 32) hours on the last week.
The final output should indicate per week whether they should be “Docked pay”, “Normal pay”, or “Overtime” for each week (Dock and Overtime of course indicating by how much). So the output of the sample above could be:
Example Output 1:
NORMAL
DOCK 2
NORMAL
OVERTIME 3
NORMAL
Example Output 2:
NORMAL
DOCK 4
OVERTIME 4
OVERTIME 6
OVERTIME 1
Final submission should be your .cpp file only (as again I will use my own txt file to grade your assignment). Do not submit project files or solution files.
i need help with this code please
In: Computer Science
In: Finance
In: Finance
Jiminy’s Cricket Farm issued a bond with 30 years to maturity and a semiannual coupon rate of 10 percent 4 years ago. The bond currently sells for 94 percent of its face value. The company’s tax rate is 38 percent. The book value of the debt issue is $50 million. In addition, the company has a second debt issue on the market, a zero coupon bond with 14 years left to maturity; the book value of this issue is $50 million, and the bonds sell for 54 percent of par.
What is the company’s total book value of debt? (Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)
Total book value $
What is the company’s total market value of debt? (Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)
Total market value $
What is your best estimate of the aftertax cost of debt? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Cost of debt %
In: Finance
The head of the accounting department at a major software
manufacturer has asked you to put together a pro forma statement of
the company's value under several possible growth scenarios and the
assumption that the company’s many divisions will remain a single
entity forever. The manager is concerned that, despite the fact
that the firm’s competitors are comparatively small, collectively
their annual revenue growth has exceeded 50 percent over each of
the last five years. She has requested that the value projections
be based on the firm’s current profits of $3.7 billion (which have
yet to be paid out to stockholders) and the average interest rate
over the past 20 years (7 percent) in each of the following profit
growth scenarios:
Instructions: Enter your responses rounded to two
decimal places.
b. Profits grow at an annual rate of 4 percent.
c. Profits grow at an annual rate of 0 percent.
d. Profits decline at an annual rate of 4 percent.
In: Economics