Fluid Mechanics: A water tank is a cylinder 4 m in height and 2 meters in diameter. The tank is full at time to. The tank sits on a platform 12 m tall. A water tap is located at the bottom center of the tank. The tap, when actuated, opens to a pipe 5 cm in radius.
a. Write down Bernoulli’s equation. Identify the Pressure, Kinetic and Potential Energy terms. Show that each has the units of an energy density (Joules/Volume).
b. Use Bernoulli’s equation to compare the difference in pressure between the surface of the water and the bottom of the tank near the edge? Assume the fluid is motionless near the edge.
c. When a tap is opened water rushes in to a pipe 5 cm in radius. The pipe is straight and drops 12 m to ground level, but along the way slowly in radius to 2 cm. What is the speed of the water as it emerges from the pipe?
d. Use the continuity equation to find the speed of the water as it enters the pipe 12 m above, i.e. bottom of the tank.
e. What is the volume and mass flow rate of the stream of water?
f. What is the pressure of the fluid as it enters the pipe, again at the bottom of the tank.
In: Physics
Select the answers which complete the statements below (e.g., if answer A completes the first statement, and answer B the others, enter ABBBB). A) positive B) negative C) neutral D) cannot tell
A positively charged glass rod repels an object suspended by a non-conducting thread. The charge on the object is ____ .
A positive point charge is brought near the outside surface of a neutral conducting sphere and released. The initial position of the point charge is on the positive x axis and the sphere is centred on the origin. The point charge moves in the ____ x direction. (If the point charge does not move, select answer C.)
A negatively charged glass rod attracts an object suspended by a non-conducting thread. The charge on the object is ____ .
A positively charged ball is brought close to a neutral isolated conductor. The conductor is then grounded, while the ball is kept close. If the ground connection is first removed and then the ball is taken away, the conductor has a ____ charge.
Two neutral metal spheres are mounted on insulating supports. They are connected by a wire. A positively charged glass rod is brought near sphere 1. The wire connecting the spheres is removed and the charged rod is then taken away. Now the charge on sphere 1 is ____ .
In: Physics
Problem 2: You operate your own small building company and have decided to bid on a government contract to build a pedestrian walkway in a national park during the coming winter. The walkway is to be of standard government design and should involve no unexpected costs. Your present capacity utilization rate is moderate and allows sufficient scope to understand this contract, if you win it. You calculate your incremental costs to be $268,000 and your fully allocated costs to be $440,000. Your usual practice is to add between 60% and 80% to your incremental costs, depending on capacity utilization rate and other factors. You expect three other firms to also bid on this contract, and you have assembled the following competitor intelligence about those companies. Issue Rival A Rival B Rival C Capacity Utilization At full capacity Moderate Very low Goodwill Considerations Very concerned Moderately concerned Not concerned Production Facilities Small and inefficient plant Medium sized and efficient plant Large and very efficient plant Previous Bidding Pattern Incremental cost plus 35-50% Full cost plus 8-12% Full cost plus 10-15% Cost Structure Incremental costs exceed yours by about 10% Similar cost structure to yours Incremental costs 20% lower but full costs are similar to yours Aesthetic Factors Does not like winter jobs or dirty jobs Does not like messy or inconvenient jobs Likes projects where it can show its creativity Political Factors Decision maker is a relative of the buyer Decision maker is seeking a new job Decision maker is looking for a promotion Show all of your calculations and processes. Describe your answers in three- to five-complete sentences. a.What price would you bid if you must win the project? b.What price would you bid if you want to maximize the expected value of the contribution from this contract? c.Defend your answers with discussion, making any assumptions you feel are reasonable and/or are supported by the information provided.
In: Economics
In: Economics
Cost Behavior Analysis in a Restaurant: High-Low Cost Estimation Assume a Papa John's restaurant has the following information available regarding costs at representative levels of monthly sales: Monthly sales in units 5,000 8,000 10,000 Cost of food sold $10,000 $16,000 $20,000 Wages and fringe benefits 4,200 4,320 4,400 Fees paid delivery help 1,100 1,760 2,200 Rent on building 1,800 1,800 1,800 Depreciation on equipment 700 700 700 Utilities 300 360 400 Supplies (soap, floor wax, etc.) 200 260 300 Administrative costs 1,200 1,200 1,200 Total $19,500 $26,400 $31,000 (a) Identify each cost as being variable, fixed, or mixed. Cost of food sold Answer
Wages and fringe benefits
Answer Fees paid delivery help Answer
Rent on building Answer
Depreciation on equipment Answer
Utilities Answer
Supplies (soap, floor wax, etc.) Answer
Administrative costs Answer
(b) Use the high-low method to develop a schedule identifying the amount of each cost that is fixed per month or variable per unit. Total the amounts under each category to develop an equation for total monthly costs. Round variable cost answers to two decimal places. Fixed Costs Variable Costs Cost of food sold Wages and fringe benefits Fees paid delivery help Rent on building Depreciation on equipment Utilities Supplies (soap, floor wax, etc.) Administrative costs Total costs equation
(c) Predict total costs for a monthly sales volume of 9,100 units
In: Accounting
Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company provided the following estimates at the beginning of the year:
| Molding | Fabrication | Total | |||||
| Machine-hours | 25,000 | 33,000 | 58,000 | ||||
| Fixed manufacturing overhead cost | $ | 780,000 | $ | 260,000 | $ | 1,040,000 | |
| Variable manufacturing overhead cost per machine-hour | $ | 3.00 | $ | 2.00 | |||
During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs—Job D-70 and Job C-200. It provided the following information related to those two jobs:
| Job D-70 | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 370,000 | $ | 320,000 | $ | 690,000 |
| Direct labor cost | $ | 220,000 | $ | 160,000 | $ | 380,000 |
| Machine-hours | 16,000 | 9,000 | 25,000 | |||
| Job C-200 | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 200,000 | $ | 260,000 | $ | 460,000 |
| Direct labor cost | $ | 100,000 | $ | 220,000 | $ | 320,000 |
| Machine-hours | 9,000 | 24,000 | 33,000 | |||
Delph had no underapplied or overapplied manufacturing overhead during the year.
2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined overhead rate based on machine-hours.
a. Compute the plantwide predetermined overhead rate.
b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.
c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200?
d. What is Delph’s cost of goods sold for the year?
In: Accounting
Required information
[The following information applies to the questions
displayed below.]
Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company provided the following estimates at the beginning of the year:
| Molding | Fabrication | Total | |||
| Machine-hours | 20,000 | 30,000 | 50,000 | ||
| Fixed manufacturing overhead costs | $ | 700,000 | $ | 210,000 | $ 910,000 |
| Variable manufacturing overhead cost per machine-hour | $ | 3.00 | $ | 1.00 | |
During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs—Job D-70 and Job C-200. It provided the following information related to those two jobs:
| Job D-70: | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 375,000 | $ | 325,000 | $ | 700,000 |
| Direct labor cost | $ | 200,000 | $ | 160,000 | $ | 360,000 |
| Machine-hours | 14,000 | 6,000 | 20,000 | |||
| Job C-200: | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 300,000 | $ | 250,000 | $ | 550,000 |
| Direct labor cost | $ | 175,000 | $ | 225,000 | $ | 400,000 |
| Machine-hours | 6,000 | 24,000 | 30,000 | |||
Delph had no underapplied or overapplied manufacturing overhead during the year.
Required:
1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours.
a. Compute the plantwide predetermined overhead rate.
b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.
c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?
d. What is Delph’s cost of goods sold for the year?
In: Accounting
Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Fabrication Total Machine-hours 34,000 44,000 78,000 Fixed manufacturing overhead costs $ 710,000 $ 230,000 $ 940,000 Variable manufacturing overhead cost per machine-hour $ 5.90 $ 5.90 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs—Job D-70 and Job C-200. It provided the following information related to those two jobs: Job D-70: Molding Fabrication Total Direct materials cost $ 375,000 $ 321,000 $ 696,000 Direct labor cost $ 200,000 $ 140,000 $ 340,000 Machine-hours 25,000 9,000 34,000 Job C-200: Molding Fabrication Total Direct materials cost $ 290,000 $ 270,000 $ 560,000 Direct labor cost $ 160,000 $ 220,000 $ 380,000 Machine-hours 9,000 35,000 44,000 Delph had no underapplied or overapplied manufacturing overhead during the year. Required: 1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200. c. If Delph establishes bid prices that are 140% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200? d. What is Delph’s cost of goods sold for the year?
Calculate pre determined overhead rate:
In: Accounting
Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company provided the following estimates at the beginning of the year:
| Molding | Fabrication | Total | |||||
| Machine-hours | 25,000 | 33,000 | 58,000 | ||||
| Fixed manufacturing overhead cost | $ | 780,000 | $ | 260,000 | $ | 1,040,000 | |
| Variable manufacturing overhead cost per machine-hour | $ | 3.00 | $ | 2.00 | |||
During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs—Job D-70 and Job C-200. It provided the following information related to those two jobs:
| Job D-70 | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 370,000 | $ | 320,000 | $ | 690,000 |
| Direct labor cost | $ | 220,000 | $ | 160,000 | $ | 380,000 |
| Machine-hours | 16,000 | 9,000 | 25,000 | |||
| Job C-200 | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 200,000 | $ | 260,000 | $ | 460,000 |
| Direct labor cost | $ | 100,000 | $ | 220,000 | $ | 320,000 |
| Machine-hours | 9,000 | 24,000 | 33,000 | |||
Delph had no underapplied or overapplied manufacturing overhead during the year.
rev: 07_21_2020_QC_CS-217627
2. Assume Delph chooses to combine its departmental rates from requirement 1 into a plantwide predetermined overhead rate based on machine-hours.
a. Compute the plantwide predetermined overhead rate.
b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.
c. If Delph establishes bid prices that are 150% of total manufacturing costs, what bid prices would it have established for Job D-70 and Job C-200?
d. What is Delph’s cost of goods sold for the year?
In: Accounting
[The following information applies to the questions
displayed below.]
Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company provided the following estimates at the beginning of the year:
| Molding | Fabrication | Total | |||||
| Machine-hours | 21,000 | 31,000 | 52,000 | ||||
| Fixed manufacturing overhead costs | $ | 720,000 | $ | 300,000 | $ | 1,020,000 | |
| Variable manufacturing overhead cost per machine-hour | $ | 6.00 | $ | 6.00 | |||
During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs—Job D-70 and Job C-200. It provided the following information related to those two jobs:
| Job D-70: | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 375,000 | $ | 322,000 | $ | 697,000 |
| Direct labor cost | $ | 210,000 | $ | 160,000 | $ | 370,000 |
| Machine-hours | 16,000 | 5,000 | 21,000 | |||
| Job C-200: | Molding | Fabrication | Total | |||
| Direct materials cost | $ | 260,000 | $ | 200,000 | $ | 460,000 |
| Direct labor cost | $ | 130,000 | $ | 280,000 | $ | 410,000 |
| Machine-hours | 5,000 | 26,000 | 31,000 | |||
Delph had no underapplied or overapplied manufacturing overhead during the year.
Required:
1. Assume Delph uses a plantwide predetermined overhead rate based on machine-hours.
a. Compute the plantwide predetermined overhead rate.
b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.
c. If Delph establishes bid prices that are 130% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?
d. What is Delph’s cost of goods sold for the year?
In: Accounting