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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 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, 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.
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req 2
Prepare the first-stage allocation of costs to the activity cost pools.
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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.)
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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.)
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In: Accounting
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:
In: Accounting
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 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 |
$ 1,060 |
|
Factory Overhead, 40% complete |
$ 1,620 |
|
Total Value |
$12,680 |
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Units Started during January |
40,000 units |
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Costs Incurred during January |
|
|
Direct Materials |
$ 44,000 |
|
Direct Labor |
$ 22,440 |
|
Factory Overhead |
$ 43,600 |
|
Total Cost Incurred |
$111,040 |
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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 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 properties that its owners invest called ABC Property Management (“ABC”). The
following events occurred during its first month:
In: Accounting
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