this is regarding a construction safety course under the civil engineering degree plan, thanks
2. You are a recent college graduate, and this is your first real job. You are the assistant director of safety for Rayster Construction, Inc. (RCI). Your job today is to conduct preoperation inspections of the company’s two cranes that are being used to construct a bridge across a small bay. As you begin your first inspection, the crane operator—who has worked for RCI for 25 years—brushes past you and starts the crane’s engine. He says, “Get out of the way, kid. This crane is just fine. It doesn’t need inspecting. You are holding up my work.” This crane operator has an excellent safety record, as does RCI in general. How should you handle this situation?
In: Civil Engineering
1. What is the use of Cumulative Growth Factor (CGF)?
2. You need to reduce the viscosity of Bitumen. What are the different methods available to you?
3. Describe the different ways to compact a subgrade.
4. Describe the possible conflicting manoeuvres at an intersection.
5. What is the use of a primer in bituminous surfacing?
6. Outline the construction and maintenance factors must be taken in to account in pavement design.
7. Briefly describe the test, which may be used to assess and control the following properties.
(a) Penetration (b) Flash point.
8. List the factors you will consider in designing At-Grade intersections?
9. Briefly describe the Marshall Stability test and the use of the results obtained.
10. Grader and scraper are two machines used for road construction. Discuss the purposes for which these machines are used.
In: Civil Engineering
Hercules Exercise Equipment Co. purchased a computerized measuring device two years ago for $92,000. The equipment falls into the five-year category for MACRS depreciation and can currently be sold for $41,800. A new piece of equipment will cost $245,000. It also falls into the five-year category for MACRS depreciation. Assume the new equipment would provide the following stream of added cost savings for the next six years. calculate your final answer using the formula and financial calculator methods.
Year Cash Savings
1 68,000
2 58,000
3 56,000
4 54,000
5 51,000
6 40,000
The firm's tax rate is 25 percent and the cost of capital is 13 percent.
a. What is the book value of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.)
b. What is the tax loss on the sale of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.)
c. What is the tax benefit from the sale? (Do not round intermediate calculations and round your answer to the nearest whole dollar.)
d. What is the cash inflow from the sale of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.)
e. What is the net cost of the new equipment? (Include the inflow from the sale of the old equipment.) (Do not round intermediate calculations and round your answer to the nearest whole dollar.)
f. Determine the depreciation schedule for the new equipment. (Round the depreciation base and annual depreciation answers to the nearest whole dollar. Round the percentage depreciation factors to 3 decimal places.)
Year Depreciation Base Percentage Depreciation Annual Depreciation
1
2
3
4
5
6
g. Determine the depreciation schedule for the remaining years of the old equipment. (Round the depreciation base and annual depreciation answers to the nearest whole dollar. Round the percentage depreciation factors to 3 decimal places.)
Year Depreciation Base Percentage Depreciation Annual Depreciation
1
2
3
4
h. Determine the incremental depreciation between the old and new equipment and the related tax shield benefits. (Enter the tax rate as a decimal rounded to 2 decimal places. Round all other answers to the nearest whole dollar.)
Year Depreciation on New Equipment Depreciation on Old Equipment Incremental Depreciation Tax RateTax Shield Benefits
1
2
3
4
5
6
i. Compute the aftertax benefits of the cost savings. (Enter the aftertax factor as a decimal rounded to 2 decimal places. Round all other answers to the nearest whole dollar.)
Year Savings (1-Tax Rate) After Tax Savings
1
2
3
4
5
6
j-1. Add the depreciation tax shield benefits and the aftertax cost savings to determine the total annual benefits. (Do not round intermediate calculations and round your answers to the nearest whole dollar.)
Year Tax Shield Benefits from Depreciation After Tax Cost Savings Total Annual Benefits
1
2
3
4
5
6
j-2. Compute the present value of the total annual benefits. (Do not round intermediate calculations and round your answer to the nearest whole dollar.)
k-1. Compare the present value of the incremental benefits (j) to the net cost of the new equipment (e). (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar.)
In: Finance
Construct and Interpret a Product Profitability Report, Allocating Selling and Administrative Expenses
Naper Inc. manufactures power equipment. Naper has two primary
products—generators and air compressors. The following report was
prepared by the controller for Naper's senior marketing management
for the year ended December 31:
| Generators | Air Compressors | Total | |||||
| Revenue | $4,200,000 | $3,000,000 | $7,200,000 | ||||
| Cost of goods sold | 2,940,000 | 2,100,000 | 5,040,000 | ||||
| Gross profit | $1,260,000 | $900,000 | $2,160,000 | ||||
| Selling and administrative expenses | 610,000 | ||||||
| Income from operations | $1,550,000 | ||||||
The marketing management team was concerned that the selling and administrative expenses were not traced to the products. Marketing management believed that some products consumed larger amounts of selling and administrative expense than did other products. To verify this, the controller was asked to prepare a complete product profitability report, using activity-based costing.
The controller determined that selling and administrative
expenses consisted of two activities: sales order processing and
post-sale customer service. The controller was able to determine
the activity base and activity rate for each activity, as
follows:
| Activity | Activity Base | Activity Rate | ||
| Sales order processing | Sales orders | $65 | per sales order | |
| Post-sale customer service | Service requests | $200 | per customer service request | |
The controller determined the following activity-base usage
information about each product:
| Generators | Air Compressors | |||
| Number of sales orders | 3,000 | 4,000 | ||
| Number of service requests | 225 | 550 | ||
a. Determine the activity cost of each product for sales order processing and post-sale customer service activities.
| Sales Order Processing Activities Cost |
Post-sale Customer Service Activities Cost |
||
| Generators | $ | $ | |
| Air Compressors | |||
| Total | $ | $ |
b. Use the information in (a) to prepare a complete product profitability report dated for the year ended December 31. Calculate the gross profit to sales and the income from operations to sales percentages for each product. Round percentages to two decimal places. Enter all amounts as positive numbers.
| Naper Inc. | |||
| Product Profitability Report | |||
| For the Year Ended December 31 | |||
| Generators | Air Compressors | Total | |
| Revenues | $ | $ | $ |
| Cost of goods sold | |||
| Gross profit | $ | $ | $ |
| Sales order processing | $ | $ | $ |
| Post-sale customer service | |||
| Total selling and administrative expense | $ | $ | $ |
| Income from operations | $ | $ | $ |
| Gross profit as a percentage of sales | % | % | |
| Income from operations as a percentage of sales | % | % | |
c. Interpret the product profitability report.
The air compressors have the lower income from operations to sales percentage because the product is a heavy user of Naper’s sales and service activities. Many factors cause the air compressors to have less income from operations as a percent of sales than generators.
In: Economics
Use the information below to answer questions 11-15. A random sample of 1000 voters registered in the state of Montana showed that 490 voted in the last general election. A random sample of 800 voters in the state of Arizona showed that 368 voted in the most recent general election. Do these data indicate that the population percentage of voter turnout in Arizona is lower than that in Montana? 11. Choose the appropriate null and alternate hypotheses. a. Null: The percentage of people who voted in Arizona and Montana is the same Alternate: The percentage of people who voted in Arizona is more than in Montana b. Null: The percentage of people who voted in Arizona is more than in Montana Alternate: The percentage of people who voted in Arizona and Montana is the same c. Null: The percentage of people who voted in Arizona and Montana is the same Alternate: The percentage of people who voted in Arizona is less than in Montana d. Null: : The percentage of people who voted in Arizona is less than in Montana Alternate: The percentage of people who voted in Arizona and Montana is the same 12. What is the standard error for the difference (SEdiff)? a. 0.03% b. 0.71% c. 3.0% d. 2.37% 13. What is the test statistic? a. 1.27 b. 0.01 c. 4.23 d. 100 14. What is the p-value? a. 10.2% b. 0% c. 49.48% d. 0.65% 15. What is your conclusion? a. Reject the null hypothesis b. Accept the null hypothesis c. Do not reject the null hypothesis d. Do not accept the alternate hypothesis
In: Statistics and Probability
Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $334.
Variable cost per unit $187
Units sold 317
Fixed costs $6,748
Interest expense 16,203
Based on the data above, what will be the resulting percentage change in earnings per share of Rat Race Home Security, Inc. if they expect operating profit to change 8.3 percent?
(You should calculate the degree of financial leverage first).
In: Finance
Kevin is the financial manager of Levingston BMW. The shop allows employees to purchase up to two vehicles per year at a discount. Levingston’s average gross profit percentage is 15 percent. This year Kevin purchased a 530 model and a new M3.
| Model | FMV | Dealer cost | Employee Price |
| 530 | $64,000 | $51,000 | $54,500 |
| M3 | $71,700 | $61,000 | $58,000 |
What amount must Kevin include in income?
Multiple Choice
a. $0.
b. $2,945.
c. $2,950.
d. $22,000.
In: Accounting
Which of the statements regarding performance measurements is false?
Multiple Choice
A The residual income approach cannot be used to compare the performance of divisions of
different sizes.
B Turnover is a measure of efficiency and refers to the number of dollars of sales generated by inventory sold.
C One of the weaknesses of using ROI for performance measurement is that it may induce managers to make cost-cutting decisions that jeopardize the long-term viability of the segment or corporation.
D Margin refers to the percentage of income or profit generated by each dollar
of sales.
In: Accounting
During the current year, merchandise is sold for $8,920,000. The cost of the goods sold is $6,065,600. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
What is the amount of the gross profit? Round your answer to the nearest dollar.
$
Compute the gross profit percentage (gross profit divided by sales). Round your answer to the nearest whole number.
%
Will the income statement always report a operating income?
In: Accounting
A] If cost is $30/unit what must the minimum price be if the profit margin is 15%? B] Based on the figures in “A” above how many minimum units must have been produced to break even if 180 units were sold of those produced? C]. If the production units found in “B” above increased by 100% would the number of units sold need need to increase by 100% in order to break even if price increased by 50%? If not what would be the percentage change in number of units sold?
In: Accounting