In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is summarized as follows. Bus Acquired Cost Salvage Value Useful Life in Years Depreciation Method 1 1/1/15 $ 96,000 $ 6,500 5 Straight-line 2 1/1/15 122,000 12,000 5 Declining-balance 3 1/1/16 93,000 9,000 4 Units-of-activity For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 120,000. Actual miles of use in the first 3 years were 2016, 24,000; 2017, 35,500; and 2018, 32,000. For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile Compute the amount of accumulated depreciation on each bus at December 31, 2017. (Round answers to 0 decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 $ BUS 2 $ BUS 3 $ If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2015 and (2) 2016? (Round answers to 0 decimal places, e.g. 2,125.) (1) 2015 (2) 2016 Depreciation expense $ $
In: Accounting
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:
| Activity Cost Pool | Activity Measure |
| Caring for lawn | Square feet of lawn |
| Caring for garden beds–low maintenance | Square feet of low maintenance beds |
| Caring for garden beds–high maintenance | Square feet of high maintenance beds |
| Travel to jobs | Miles |
| Customer billing and service | Number of customers |
The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:
| Activity Cost Pool | Estimated Overhead Cost |
Expected Activity | ||
| Caring for lawn | $ | 78,600 | 185,000 | square feet of lawn |
| Caring for garden beds–low maintenance | $ | 31,200 | 29,000 | square feet of low maintenance beds |
| Caring for garden beds–high maintenance | $ | 63,250 | 23,000 | square feet of high maintenance beds |
| Travel to jobs | $ | 3,400 | 20,000 | miles |
| Customer billing and service | $ | 7,100 | 20 | customers |
Required:
Compute the activity rate for each of the activity cost pools.
In: Accounting
In this problem, we explore the effect on the standard deviation of multiplying each data value in a data set by the same constant. Consider the data set 14, 16, 13, 7, 8.
(a) Use the defining formula, the computation formula, or a
calculator to compute s. (Round your answer to one decimal
place.)
s =
(b) Multiply each data value by 7 to obtain the new data set 98,
112, 91, 49, 56. Compute s. (Round your answer to one
decimal place.)
s =
(c) Compare the results of parts (a) and (b). In general, how does
the standard deviation change if each data value is multiplied by a
constant c?
Multiplying each data value by the same constant c results in the standard deviation being |c| times as large.Multiplying each data value by the same constant c results in the standard deviation increasing by c units. Multiplying each data value by the same constant c results in the standard deviation remaining the same.Multiplying each data value by the same constant c results in the standard deviation being |c| times smaller.
(d) You recorded the weekly distances you bicycled in miles and
computed the standard deviation to be s = 2.9 miles. Your
friend wants to know the standard deviation in kilometers. Do you
need to redo all the calculations?
YesNo
Given 1 mile ≈ 1.6 kilometers, what is the standard deviation in
kilometers? (Enter your answer to two decimal places.)
s = km
In: Statistics and Probability
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:
| Activity Cost Pool | Activity Measure |
| Caring for lawn | Square feet of lawn |
| Caring for garden beds–low maintenance | Square feet of low maintenance beds |
| Caring for garden beds–high maintenance | Square feet of high maintenance beds |
| Travel to jobs | Miles |
| Customer billing and service | Number of customers |
The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:
| Activity Cost Pool |
Estimated Overhead Cost |
Expected Activity | ||
| Caring for lawn | $ | 81,000 | 185,000 | square feet of lawn |
| Caring for garden beds–low maintenance | $ | 33,600 | 24,000 | square feet of low maintenance beds |
| Caring for garden beds–high maintenance | $ | 49,680 | 18,000 | square feet of high maintenance beds |
| Travel to jobs | $ | 4,800 | 15,000 | miles |
| Customer billing and service | $ | 9,900 | 28 | customers |
|
Required: Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.) |
||||
In: Accounting
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:
| Activity Cost Pool | Activity Measure |
| Caring for lawn | Square feet of lawn |
| Caring for garden beds–low maintenance | Square feet of low maintenance beds |
| Caring for garden beds–high maintenance | Square feet of high maintenance beds |
| Travel to jobs | Miles |
| Customer billing and service | Number of customers |
The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:
| Activity Cost Pool |
Estimated Overhead Cost |
Expected Activity | ||
| Caring for lawn | $ | 82,600 | 190,000 | square feet of lawn |
| Caring for garden beds–low maintenance | $ | 35,200 | 26,000 | square feet of low maintenance beds |
| Caring for garden beds–high maintenance | $ | 54,800 | 20,000 | square feet of high maintenance beds |
| Travel to jobs | $ | 3,800 | 17,000 | miles |
| Customer billing and service | $ | 7,900 | 26 | customers |
Required:
Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.)
In: Accounting
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:
| Activity Cost Pool | Activity Measure |
| Caring for lawn | Square feet of lawn |
| Caring for garden beds–low maintenance | Square feet of low maintenance beds |
| Caring for garden beds–high maintenance | Square feet of high maintenance beds |
| Travel to jobs | Miles |
| Customer billing and service | Number of customers |
The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:
| Activity Cost Pool |
Estimated Overhead Cost |
Expected Activity | ||
| Caring for lawn | $ | 80,200 | 175,000 | square feet of lawn |
| Caring for garden beds–low maintenance | $ | 32,800 | 30,000 | square feet of low maintenance beds |
| Caring for garden beds–high maintenance | $ | 68,400 | 24,000 | square feet of high maintenance beds |
| Travel to jobs | $ | 4,200 | 21,000 | miles |
| Customer billing and service | $ | 8,700 | 28 | customers |
Required:
Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.)
In: Accounting
Python 3
Below is an example of how the code should look like:
#Sample Code by Student Name
#Created on Some Date
#Last Edit on Another Date
def func1(x):
print(x)
def func2(y):
print(y)
print(' ')
print(y)
def main():
func1('hello world')
func2('hello again')
#below we start all the action
main()
Remember to add comments, and that style and best practices will
counts towards the points.
A program that just "works" is not a guarantee for full credit.
In: Computer Science
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:
| Activity Cost Pool | Activity Measure |
| Caring for lawn | Square feet of lawn |
| Caring for garden beds–low maintenance | Square feet of low maintenance beds |
| Caring for garden beds–high maintenance | Square feet of high maintenance beds |
| Travel to jobs | Miles |
| Customer billing and service | Number of customers |
The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:
| Activity Cost Pool | Estimated Overhead Cost |
Expected Activity | ||
| Caring for lawn | $ | 80,200 | 160,000 | square feet of lawn |
| Caring for garden beds–low maintenance | $ | 32,800 | 23,000 | square feet of low maintenance beds |
| Caring for garden beds–high maintenance | $ | 45,560 | 17,000 | square feet of high maintenance beds |
| Travel to jobs | $ | 3,200 | 14,000 | miles |
| Customer billing and service | $ | 6,700 | 34 | customers |
Required:
Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.)
In: Accounting
How do horsepower and weight affect the mileage of family cars? Data from a sample of 12 2012 family cars are given below (Data extracted from “Top 2012 Cars,” Consumer Reports, April 2012, pp. 40–73.) Develop a regression model to predict mileage (as measured by miles per gallon) based on the horsepower of the car’s engine and the weight of the car (in pounds). Car MPG Horsepower Weight Audi A3 25 200 3305 Chrysler 200 21 173 3590 Dodge Avenger 21 173 3440 Ford Fusion 24 240 3365 Honda Accord 25 177 3285 Kia Optima 25 200 3260 Mazda6 24 170 3185 Mitsubishi Galant 23 160 3430 Nissan Altima 26 175 3155 Suburu Legacy 25 170 3390 Toyota Camry 27 173 3155 Volkswagen Passat 25 170 3270 Use Excel to find the multiple regression results for this problem. Include Excel results with your submission. a. State the multiple regression equation for this problem. b. Interpret the meaning of the slopes, b1 and b2, in this problem. c. Does the regression coefficient, b0, has a practical meaning in the context of this problem. d. Predict the miles per gallon for cars that have 190 horsepower and weigh 3,500 pounds. e. Compute the coefficient of multiple determination, r2, and interpret its meaning. f. Compute the adjusted r2.
In: Math
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:
| Activity Cost Pool | Activity Measure |
| Caring for lawn | Square feet of lawn |
| Caring for garden beds–low maintenance | Square feet of low maintenance beds |
| Caring for garden beds–high maintenance | Square feet of high maintenance beds |
| Travel to jobs | Miles |
| Customer billing and service | Number of customers |
The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:
| Activity Cost Pool | Estimated Overhead Cost |
Expected Activity | ||
| Caring for lawn | $ | 81,800 | 180,000 | square feet of lawn |
| Caring for garden beds–low maintenance | $ | 34,400 | 28,000 | square feet of low maintenance beds |
| Caring for garden beds–high maintenance | $ | 62,920 | 22,000 | square feet of high maintenance beds |
| Travel to jobs | $ | 3,600 | 19,000 | miles |
| Customer billing and service | $ | 7,500 | 26 | customers |
Required:
Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.
In: Accounting