These instructions are written with the assumption that code will be done in matlab. You might find the following built in commands useful: length, plot, xlabel, ylabel, title, legend, fzero, plot, disp, axis, axes, min, max.

2. Numerical Integration (Quadrature). Write FOUR of your own numerical integration routines. One should use left-end, right-end, or mid-points, another should use the trapezoid method, another should use Simpson’s method, and the fourth should use either Guassian Quadrature or Romberg’s method. Use your four routines to approximate two integrals numerically so that they are accurate to 1 part in 1 billion (if possible, if this is not possible explain why). First use your routines to approximate f(x) = x 3 − x cos(x) on the interval [0, 2π], you can and should check that your answer is correct. Then use your routines to approximate f(x) = 4e −2x 2 on the interval [−1, 1]. Use one of matlab’s built in integration functions to approximate both integrals also. Each integral should be: numerically approximated FOUR ways, checked vs one of matlab’s built-in numerical integration methods, and the polynomial/trig function should be checked exactly.

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15.00 per ball, of which 60% is direct labor cost.

Last year, the company sold 32,000 of these balls, with the following results:

5. Refer to the original data. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40.00%, but it would cause fixed expenses per year to double. If the new plant is built, what would be the company’s new CM ratio and new break-even point in balls?

6. Refer to the data in (5) above.

a. If the new plant is built, how many balls will have to be sold next year to earn the same net operating income, $109,000, as last year?

b. Assume the new plant is built and that next year the company manufactures and sells 32,000 balls (the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage.

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:

The total cost of operating the company for the year is $358,000 which includes the following costs:

Resource consumption is distributed across the activities as follows:

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 600 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 $143.70 (600 square feet @ $23.95 per hundred square feet). Calculate the customer margin earned on this job.

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

Compute the activity rates for the activity cost pools. (Round your answers to 2 decimal places.)

The company recently completed a 600 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.)

The revenue from the Flying N Ranch was $143.70 (6 hundred square feet @ $23.95 per hundred square feet). Calculate the customer margin earned on this job. (Negative customer margins should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.)

1/1/17 Co buys land and pays $50,000 for the land, $500 for removal of scrap, $2500 for attorney’s fee (associated with land purchase), $2500 real estate commission, $5000 for accrued taxes and $1000 for current-year taxes. Journalize the land purchase.

Also on 1/1/17, Co buys a car and a computer. The car costs $25,000 , sales tax $2000 and insurance during delivery $1000. The car has an estimated 100,000 miles of useful life and a salvage value of $3000. The computer costs $3000, tax $400 and insurance during deliver of $100. The computer has and estimated useful life of 5 years and a salvage value of $500. Journalize the purchase of both.

On 12/31/17 the car has 10,000 miles on the odometer. Journalize the depreciation of the car using units of activity and the computer using straight-line.

On 7/1/18 the car has 15,000 on the odometer and was sold for $25,250. Make the appropriate journal entries.

12/31/18 Co exchanges computer for a new one and pays $500 cash in the trade. The fair market value of the old computer is $2000.   Remember the company is using straight line method for the computer. Make the appropriate journal entries.

1/1/19 Co pay $50,000 for a patent estimated to have a useful life of 10 years. Co also pays $10,000 research and development costs associated with the patent and $5000 legal costs to defend the patent in court. Make appropriate journal entries:

12/31/19 the company adjusts its books to reflect patent amortization. Make the appropriate journal entry.

If 5 years ago a company bought a $10,500 piece of equipment with $500 salvage value and 10 year usefull life and is using straight-line depreciation what is its book value now? If it revises estimated life to 15 years (10 more years left) what is revised annual depreciation?

What is the cost-allocation account for a natural resourse?

On January 1, Company sells merchandise and collects $5000 in cash which includes 6% sales tax. Journalize the sale.

Company’s employees earned $20,000 for the pay period ending January 31. The Company withholds $1530 FICA, $4373 Federal Income Tax and $585 State Income Tax. Journalize the entry.

On January 1 Company issues a 5 year $1,000,000 face value bond with a 5% annual coupon paid semiannually. The company issues it for $916,884 for an effective interest rate of 7% and uses the effective-interest amortization method. Journalize the issuance:

What is the total cost of the borrowing over the life of the SSS bond?

Journalize the entry on July 1 to record SSS’s payment of interest and the amortization of the bond discount (assume no accrual was made June 30):

What is the accrual JE on 12/31?

On July 1 Incorporation issues a 10 year $2,000,000 face value bond with a 6% coupon paid semiannually. The Company issues it for $2,327,029 at an effective interest rate of 4%. Journalize the issuance.

Journalize the adjustments made by Incorporation on December 31 for the accrual of interest expense and the amortization of bond premium.

On February 1, ABC redeems its $3,000,000 face value bonds before maturity at a price of $2,600,000. The bonds were originally issued at a discount and currently the account Discount on Bond Payable has a debit balance of $500,000. Journalize the bond redemption.

What is a sinking fund bond?

What is a secured bond?

When would a company exercise their call on a callable bond?

How do you calculate working capital and current ratio?

Why might a company choose to issue a bond instead of issuing stock?

What are the two components of a mortgage payment?

On October 1, 2017, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installations, and custom program development. Rey adopts the calendar year for reporting purposes and expects to prepare the company’s first set of financial statements on December 31, 2017. The company’s initial chart of accounts follows.

Required:

1. Prepare journal entries to record each of the above transactions for Business Solutions.
2. Prepare ledger accounts (in balance column format) and post the journal entries from requirement 1 to them.
3. Prepare a trial balance as of the end of November.

Mr. and Mrs. Evans are an African American couple who retired from the school system last year. Both are 65 years of age and reside on 20 acres of land in a large rural community approximately 5 miles from a Superfundsite and 20 miles from two chemical plants. Their household consists of their two daughters, Anna, aged 40 years, and Dorothy, aged 42 years; their grandchildren, aged 25, 20, 19, and 18; and their 2-year-old great-grandson. Anna and Dorothy and their children all attended the university.

Mr. Evans’s mother and three of his nieces and nephews live next door. Mr. Evans’s mother has brothers, sisters, other sons and daughters, grandchildren, and great-grandchildren who live across the road on 10 acres of land. Other immediate and extended family live on the 80 acres adjacent to Mr. Evans’s mother. All members of the Evans family own the land on which they live. Mrs. Evans has siblings and extended family living on 70 acres of land adjacent to Mr. Evans’s family, who live across the road. Mr. and Mrs. Evans also have family living in Chicago, Detroit, New York, San Francisco, and Houston. Once a year, the families come together for a reunion. Every other month, local family members come together for a social hour. The family believes in strict discipline with lots of love. It is common to see adult members of the family discipline the younger children, regardless of who the parents are.

Mr. Evans has hypertension and diabetes. Mrs. Evans has hypertension. Both are on medication. Their daughter Dorothy is bipolar and is on medication. Within the last 5 years, Mr. Evans has had several relatives diagnosed with lung cancer and colon cancer. One of his maternal uncles died last year from lung cancer. Mrs. Evans has indicated on her driver’s license that she is an organ donor.

Sources of income for Mr. and Mrs. Evans are their pensions from the school system and Social Security. Dorothy receives SSI because she is unable to work any longer. Mr. Evans and his brothers must assume responsibility for their mother’s medical bills and medication. Although she has Medicare parts A and B, many of her expenses are not covered. Mr. and Mrs. Evans, all members of their household, and all other extended family in the community attend a large Baptist church in the city. Several family members, including Mr. and Mrs. Evans, sing in the choir, are members of the usher board, teach Bible classes, and do community ministry.

Study Questions

1. Describe the organizational structure of this family and identify strengths and limitations of this family structure.

2. Describe and give examples of what you believe to be the family’s values about education.

3. Discuss this family’s views about child rearing.

4. Discuss the role that spirituality plays in this family.

5. Identify two religious or spiritual practices in which members of the Evans family may engage for treating hypertension, diabetes, and mental illness.

6. Identify and discuss cultural views that Dorothy and her parents may have about mental illness and medication.

7. To what extent are members of the Evans family at risk for illnesses associated with environmental hazards?

8. Susan has decided to become an organ donor. Describe how you think the Evans family will respond to her decision.

9. Discuss views that African Americans have about advanced directives.

10. Name two dietary health risks for African Americans.

11. Identify five characteristics specific to African Americans to consider when assessing the skin of African Americans.

12. Describe two taboo views that African Americans may have about pregnancy.

If you have a chance please answer as many as possible, thank you and I really appreciate your help experts!

Question 6 2 pts

A scientist claims that the mean gestation period for a fox is 51.5 weeks. If a hypothesis test is performed that rejects the null hypothesis, how would this decision be interpreted?

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Question 7 2 pts

A marketing organization claims that less than 15% of its employees are paid minimum wage. If a hypothesis test is performed that fails to reject the null hypothesis, how would this decision be interpreted?

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Question 8 2 pts

A sprinkler manufacturer claims that the average activating temperatures is at least 132 degrees. To test this claim, you randomly select a sample of 32 systems and find the mean activation temperature to be 133 degrees. Assume the population standard deviation is 3.3 degrees. Find the standardized test statistic and the corresponding p-value.

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Question 9 2 pts

A consumer group claims that the mean acceleration time from 0 to 60 miles per hour for a sedan is 7.0 seconds. A random sample of 33 sedans has a mean acceleration time from 0 to 60 miles per hour of 7.6 seconds. Assume the population standard deviation is 2.3 seconds. Find the standardized test statistic and the corresponding p-value.

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Question 10 2 pts

A consumer research organization states that the mean caffeine content per 12-ounce bottle of a population of caffeinated soft drinks is 37.8 milligrams. You find a random sample of 48 12-ounce bottles of caffeinated soft drinks that has a mean caffeine content of 35.2 milligrams. Assume the population standard deviation is 12.5 milligrams. At α=0.05, do you support or reject the organization’s claim using the test statistic?

Developmental Psychology

Reflect on the following case study:

1. What are the risk factors and the protective factors when it comes to "successful aging" for Frank? For Ellen?

2. Reflect on how the current situation might impact Frank and Ellen's coping with the psychosocial crisis of Generativity vs. Stagnation, and entering the next stage of Integrity vs. Despair.

Case Study: Frank and Ellen Schaeffer

Frank, age 66, and Ellen, age 64, have declared bankruptcy, and their home is in foreclosure. They have had to move about 60 miles away from their old home, and are new to the community. They are seeking assistance, especially ways to pay for Ellen's prescription drug costs, which amount to approximately $600 per month, above what is covered by Medicare. The drugs are for diabetes management, high blood pressure, and pain management from a degenerating spine. They have managed to find a place to rent within the past month (which is about half of the size of their old home), but it costs about 43% of their fixed income from Social Security and a small pension that Frank receives from his 23 years of working for a telecommunications company. Because of the bankruptcy, they have no credit cards and use cash/checks for all transactions.

Both are exhibiting signs of extreme stress. Frank says "he's fine," but upon questioning, reports a noticeable loss of weight in the past 3 months, trouble sleeping, and his smoking has increased. He appears irritable, and he expresses sarcasm when asked about their financial situation, the past several months of trying to look for employment, or their attempts to work with banks and government agencies. Ellen reports a significant increase in her smoking, insomnia, but no change in her weight (although she is noticeably overweight for her height). She discloses that she cries about 1-2 times a week, for the past 6-8 months. Ellen mentions that both she and Frank have trouble with remembering things sometimes, especially lately. She is especially concerned about Frank.

Frank and Ellen have been married for 43 years, and have three sons and a daughter. The adult children live about 70 miles away. They help out as much as they can financially, and they are in contact with Frank and Ellen at least once a week. Frank and Ellen both report a strong marriage -- but noticeable estrangement from their own families of origin, their brothers and sisters. Ellen has one friend whom she sees about once a month. Most of their time is spent watching TV, and Frank works on a vintage car in the garage. They call themselves spiritual, but they do not practice any religion nor are they members of any religious organization.

Frank and Ellen both have high school diplomas, but no higher education. Frank has gone through many technical training programs in the course of his work for the telecommunications company, where he worked for 23 years in a variety of capacities, but most of that time involving the installation of computer/ telecommunications networks for office buildings. For the past 15 years, Frank has been working for a different company that contracts out to his original employer, for installing networks. The past 4 years, Frank has worked for this smaller satellite company as a contract worker, on call for different office building contracts. These projects are sporadic, involving stints of work for 2-3 weeks at a time. Frank obviously wants to work, but is clearly frustrated by the lack of job opportunities and feels that no one will hire someone his age. Ellen spent many years taking care of children in their home, but now can no longer do that because of pain and mobility problems, and the loss of their home of 35 years.

2.        Shauna Coleman is single. She works as an architectural designer for Streamline Design (SD).For 2018, she correctly calculated her AGI to be $107,000. However, she wasn’t sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her 2018 federal income tax return.

a.           Shauna paid $4,680 for medical expenses for care from a broken ankle sustained in a biking accident. Blake, Shauna’s boyfriend, drove Shauna (in her car) a total of 115 miles so that she could receive care for the broken ankle.

b.          Shauna paid a total of $3,400 in health insurance premiums during the year (not through an exchange). SD did not reimburse any of this expense. Besides the health insurance premiums and the medical expenses for her broken ankle, Shauna had Lasik eye surgery last year and she paid $3,000 for the surgery (she received no insurance reimbursement). She also incurred $450 of other medical expenses for the year.

c.           SD withheld $1,800 of state income tax, $7,495 of Social Security tax, and $14,500 of federal income tax from Shauna’s paychecks throughout the year.

d.          In 2018, Shauna was due a refund of $250 for overpaying her 2017 state taxes. On her 2017 state tax return that she filed in April of 2018, she applied the overpayment towards her 2018 state tax liability. She wasn’t sure but she estimated that her state tax liability for 2018 will be $2,300.

e.           Shauna paid $3,200 of property taxes on her personal residence. She also paid $500 to the developer of her subdivision, because he had to replace the sidewalk in certain areas of the subdivision.

f.            Shauna paid a $200 property tax based on the state’s estimate of the value of her car.

g.           Shauna has a home mortgage loan in the amount of $220,000 that she secured when she purchased the home. The home is worth about $400,000. Shauna paid interest of $12,300 in interest on the loan this year.

h.          Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corp. to the Red Cross. On the date of the contribution, the FMV of the donated shares was $1,000 and her basis in the shares was $400. Shauna originally bought the ZYX Corp. stock in 2008. Shauna also contributed $300 cash to State University and religious artifacts she has held for several years to her church. The artifacts were valued at $500 and Shauna’s basis in the items was $300. Shauna had every reason to believe the church would keep them on display indefinitely. Shauna also drove 200 miles doing church-related errands

i             Shauna paid $250 in investment advisory fees and another $150 to have her tax return prepared (that is, she paid $150 in 2018 to have her 2017 tax return prepared).

j.            Shauna is involved in horse racing as a hobby. During the year, she won $2,500 in prize money (which she is including in income) and incurred $10,000 in expenses. She has never had a profitable year with her horse racing activities, so she acknowledges that this is a hobby for federal income tax purposes.

k.              Shauna sustained $2,000 in gambling losses over the year (mostly horse-racing bets) and   only had $200 in winnings (which she is including in income)

Required: Determine Shauna’s 2018 taxable income starting with Adjusted Gross Income of $107,000 reported on line 7 of Form 1040 and complete page 2 of Form 1040 through Taxable Income, line 10. Also complete Schedule A, Itemized Deductions.