Questions
Dog Up! Franks is looking at a new sausage system with an initial cost of $525,000...

Dog Up! Franks is looking at a new sausage system with an initial cost of $525,000 that will last for five years. The fixed asset will qualify for 100 percent bonus depreciation in the first year, at the end of which the sausage system can be scrapped for $85,000. The sausage system will save the firm $155,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $33,000. If the tax rate is 24 percent and the discount rate is 12 percent, what is the NPV of this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

In: Finance

Air flows in a pipe under fully developed conditions with an average velocity of 1.25 m/s...

Air flows in a pipe under fully developed conditions with an average velocity of 1.25 m/s and a temperature of 16°C. The pipe’s inner diameter is 4 cm, and its length is 4 m. The first half of the pipe is kept at a constant wall temperature of 100°C. The second half of the pipe is subjected to a constant heat flux of 200 W. The properties of air at 80°C are ρ = 0.9994 kg/m3, k = 0.02953 W/m·K, v = 2.097 × 10–5 m2/s, cp = 1008 J/kg·K, and Pr = 0.7154.

Determine the wall temperature at the exit of the tube.

In: Mechanical Engineering

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services,...

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.95 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

Activity Cost Pool Activity Measure Activity for the Year
Cleaning carpets Square feet cleaned (00s) 15,000 hundred square feet
Travel to jobs Miles driven 313,500 miles
Job support Number of jobs 2,100 jobs
Other (organization-sustaining costs and idle capacity costs) None Not applicable

The total cost of operating the company for the year is $348,000 which includes the following costs:

Wages $ 142,000
Cleaning supplies 25,000
Cleaning equipment depreciation 15,000
Vehicle expenses 25,000
Office expenses 63,000
President’s compensation 78,000
Total cost $ 348,000

Resource consumption is distributed across the activities as follows:

Distribution of Resource Consumption Across Activities
Cleaning Carpets Travel to Jobs Job Support Other Total
Wages 77 % 14 % 0 % 9 % 100 %
Cleaning supplies 100 % 0 % 0 % 0 % 100 %
Cleaning equipment depreciation 74 % 0 % 0 % 26 % 100 %
Vehicle expenses 0 % 83 % 0 % 17 % 100 %
Office expenses 0 % 0 % 63 % 37 % 100 %
President’s compensation 0 % 0 % 25 % 75 % 100 %

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools.

3. The company recently completed a 800 square foot carpet-cleaning job at the Flying N ranch—a 54-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N ranch was $191.60 (800 square feet @ $23.95 per hundred square feet). Calculate the customer margin earned on this job.

req 1

Prepare the first-stage allocation of costs to the activity cost pools.

Cleaning Job
Carpets Travel to Jobs Support Other Total
Wages $0
Cleaning supplies 0
Cleaning equipment depreciation 0
Vehicle expenses 0
Office expenses 0
President’s compensation 0
Total cost $0 $0 $0 $0 $0

req 2

Prepare the first-stage allocation of costs to the activity cost pools.

Cleaning Job
Carpets Travel to Jobs Support Other Total
Wages $0
Cleaning supplies 0
Cleaning equipment depreciation 0
Vehicle expenses 0
Office expenses 0
President’s compensation 0
Total cost $0 $0 $0 $0 $0

req 3

The company recently completed a 800 square foot carpet-cleaning job at the Flying N ranch—a 54-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system. (Round your intermediate calculations and final answer to 2 decimal places.)

Cost of the job

req 4

The revenue from the Flying N ranch was $191.60 (8 hundred square feet @ $23.95 per hundred square feet). Calculate the customer margin earned on this job. (Round your intermediate calculations and final answers to 2 decimal places.)

Customer margin

In: Accounting

Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies...

Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31.

Transactions Units Unit Cost
Beginning inventory, January 1 3,200 $ 45
Transactions during the year:
a. Purchase, January 30 4,550 55
b. Sale, March 14 ($100 each) (2,850 )
c. Purchase, May 1 3,250 75
d. Sale, August 31 ($100 each) (3,300 )


Assuming that for Specific identification method (item 1d) the March 14 sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the sale of August 31 was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1.


Required:

  1. Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods: (Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Their is no more information than what is in this question.
  2. last in first out; ending inventory and cost of goods sold
  3. first in last out; ending inventory and cost of goods sold
  4. specific identification; ending inventory and cost of goods sold

In: Accounting

please write simple python 3 program with explanations and correct output Bilbo and problems on the...

please write simple python 3 program with explanations and correct output

Bilbo and problems on the board

Problem Statement

Bilbo once reached his maths claws earlier than anyone else.He saw some N unique numbers greater than 0 written on the board.He thought of challenging his classmates when they come.So for each number i,he wrote the number before and after it on a paper slip.If it is the last number then the number after it is assumed to be 0.If it the first number then number before it is assumed to be 0.Now he shuffled the slips.

Whenhis classmates came,he showed them the slips and asked to make the original list of numbers that was there on the board and promised to share his lunch box with the winner.

You being a avid programmer , decided to write a code to solve this problem

Inpout format:

First line contains N<=100000 , number of slips.

Next N lines contain 2 number, A and B where A and B are number before and after some numbers from list.

Output Format:

N integers that are in the original list that was in board.

Sample Input1:

3

2 0

0 2

1 3

Sample Output1:

1 2 3

Explanation

If you look at solution ,1 has 0 and 2 as numbers before and after it, 2 has 1 and 3, 3 has 2 and 0 .

Sample input 2:

4

101 0

0 102

102 100

103 101

Sample Output 2:

103 102 101 100

In: Computer Science

The level of inventory of a manufactured product has increased by 8,260 units during a period....

The level of inventory of a manufactured product has increased by 8,260 units during a period. The following data are also available:

Variable Fixed
Unit manufacturing costs of the period $14 $6
Unit operating expenses of the period $3 $5

What would be the effect on income from operations if variable costing is used rather than absorption costing?

a.$49,560 increase

b.$90,860 increase

c.$49,560 decrease

d.$90,860 decrease

A business operated at 100% of capacity during its first month and incurred the following costs:

Production costs (18,200 units):
    Direct materials $172,900
    Direct labor 221,900
    Variable factory overhead 262,000
    Fixed factory overhead 98,600 $755,400
Operating expenses:
    Variable operating expenses $123,000
    Fixed operating expenses 41,900 164,900

If 2,000 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?

a.$101,132

b.$83,020

c.$85,692

d.$72,176

A business operated at 100% of capacity during its first month, with the following results:

Sales (96 units) $480,000
Production costs (120 units):
    Direct materials $60,000
    Direct labor 15,000
    Variable factory overhead 27,000
    Fixed factory overhead 24,000 126,000
Operating expenses:
    Variable operating expenses $5,890
    Fixed operating expenses 3,070 8,960

What is the amount of the contribution margin that would be reported on the variable costing income statement?

a.$471,040

b.$389,440

c.$479,880

d.$392,510

In: Accounting

Work-in-Process inventory, January 1 10,000 units Direct Materials, 100% complete $10,000 Direct Labor, 30% complete $...

Work-in-Process inventory, January 1

10,000 units

Direct Materials, 100% complete

$10,000

Direct Labor, 30% complete

$ 1,060

Factory Overhead, 40% complete

$ 1,620

Total Value

$12,680

Units Started during January

40,000 units

Costs Incurred during January

Direct Materials

$ 44,000

Direct Labor

$ 22,440

Factory Overhead

$ 43,600

Total Cost Incurred

$111,040

Units Completed & Transferred during January

44,000 units

Costs of Units Transferred Out in January

Work-in-Process inventory, January 31

Direct Materials, 100% complete

Direct Labor, 50% complete

Factory Overhead, 60% complete

Total Value

Using the weighted average method of process costing, calculate the (1) value of inventory transferred out of the department, (2) ending work-in-process inventory value for materials, (3) ending work-in-process inventory value for direct labor, (4) ending work-in-process inventory value for factory overhead, (5) total value of ending work-in-process inventory. You must show your work.

Using the first-in-first-out method of process costing, calculate the (1) value of inventory transferred out of the department, (2) ending work-in-process inventory value for materials, (3) ending work-in-process inventory value for direct labor, (4) ending work-in-process inventory value for factory overhead, (5) total value of ending work-in-process inventory. You must show your work.

In: Accounting

Bank One just approved a loan for Dante Inc. to start a website design and maintenance...

Bank One just approved a loan for Dante Inc. to start a website design and maintenance business. Dante Inc. is ready to purchase needed equipment, hire administrative help, and begin designing websites. During June, Dante’s first month of business, the following transactions occurred:

Dante Inc. signed a note at the bank and received $20,000 cash.

Dante issued shares of capital stock to its shareholders in the amount of $3,000 cash.

Dante purchased a new computer and additional equipment for $3,000 cash.

Dante purchased supplies worth $200 on account that should last two months.

Dante hires Nancy Po to assist with administrative tasks. She will charge $100 per website for her assistance.

Dante began working on its first two websites, one for J. Sanchito, and the other for Pauline Smith, a local businesswoman.

Dante completed the website for Mr. Sanchito and sent him a bill for $700.

Dante completed the website for Ms. Smith and sent her a bill for $540.

Dante collected $600 in cash from Mr. Sanchito.

Dante paid Nancy $100 cash for her work on Mr. Sanchito’s Web site.

Dante received $500 cash in advance to work on a website for a local restaurant. Work on the site will not begin until July.

Dante paid taxes of $200 in cash.

Required: Using the Excel template, complete the following activities:

Analyze each transaction’s effect using the accounting equation, if needed.

Provide a written explanation (one sentence) on the effect of the transaction on the accounting equation.

In: Accounting

After several months of planning, Denise Murphy started a property management business for the for the...

After several months of planning, Denise Murphy started a property management business for

the for the properties that its owners invest called ABC Property Management (“ABC”). The

following events occurred during its first month:

  1. On May 1, Murphy started the firm, investing $3,000 cash and $15,000 of equipment.
  2. On May 2, ABC paid $600 cash for furniture for the shop.
  3. On May 3, ABC paid $500 cash to rent space in a strip mall for May.
  4. On May 4, ABC purchased $1,200 of equipment on credit for the shop (using a long-term note payable).
  5. On May 5, ABC opened for business. Cash received from services provided in the first week and a half of business (ended May 15) is $825.
  6. On May 15, it provided $100 of property management services on account (invoiced).
  7. On May 17, it received a $100 check for services previously rendered on account.
  8. On May 17, it paid $125 to an assistant for work during the store opening.
  9. Cash received from services provided during the second half of May is $930.
  10. On May 31, it paid an $400 installment toward principal on the note payable entered into on May 4.
  11. On May 31, it paid $900 cash dividends to Murphy.
  1. Set-up T-accounts for each of the accounts and post the journal entries completed in Homework 2 to those T-accounts (Please note it is the same Problem as in Homework 2).
  2. Prepare a simplified balance sheet and income statement.

In: Accounting

Create a java program that has a code file with main() in it and another code...

Create a java program that has a code file with main() in it and another code file with a separate class. You will be creating objects of the class in the running program, just as the chapter example creates objects of the Account class.

Your system handles employee records and processes payroll for them. Create a class called Employee that holds the following information: first name, last name, monthly salary, and sales bonus. The class should have all the gets and sets and have a method to report the yearly salary (which is the monthly salary * 12 + the sales bonus.)

[Note: Before anyone asks. You cannot have spaces in variable names. So you might call the first one firstName, first_name, fname or any other appropriate and legal variable name. The write up above is telling you the information to be stored in English, not java.]

Create 2 objects of Employee in your main code class and display their names, monthly, and yearly salaries. Then give them each a 100 pay raise to their monthly salary. (Hint: use the get() to read it out to a variable, add 100, then use the set() to store it back in) Then display their names, monthly, and yearly salaries again.

[Note2: You can hard code the names, and salaries you are storing in the 2 employee objects or ask the user for them with a Scanner. Either way is fine. It is perfectly all right from a grading standpoint to just give it test values like the chapter example does.]

Please use beginner level Java and NetBeans 8.0

In: Computer Science