Janson Company detailed its transactions for the year below. Assuming Janson uses the allowance method for accounting for uncollectible accounts, journalize the each transaction by filling in the blanks. Disregard any impact on inventory. (12 points)

Type the account name under account title. For Debit and Credit, enter numbers in the format using commas "1,000"

1. Sales on account $475,000

2. Sales returns and allowances, $15,000

3. Collections from customers, $356,000

4. Accounts written off $5,000

5. Previously written off accounts of $500 were collected

Managerial Accounting is concerned with providing information to managers so they may make business decisions that satisfy customers while continuously monitoring costs and improving efficiencies. Some reports provide timely updates on key indicators while others investigate problems such as declined profitability.  

Please list a report or activity you learned about in Managerial Accounting which has impacted a company, either positively or negatively. You must include an article or media source to support your discussion. The article must have a publish date within the past 3 months.

Managerial Accounting is concerned with providing information to managers so they may make business decisions that satisfy customers while continuously monitoring costs and improving efficiencies. Some reports provide timely updates on key indicators while others investigate problems such as declined profitability.  

Please list a report or activity you learned about in Managerial Accounting which has impacted a company, either positively or negatively. You must include an article or media source to support your discussion. The article must have a publish date within the past 3 months.

BUSINESS STATISTICS

Touring a Process. Select a place of your choice (e.g. supermarket, doctor’s office, library, Post Office, department store, etc. BUT don't use a restaurant) and observe one or more key processes, the associated suppliers, inputs, process steps, outputs, customers, the measurement systems, and how the measurements are used to manage and improve the process. Report your findings as a document. Include these items:

1. Company visited

2.Process observed

3. SIPOC elements

4. Process measurements

5. Process management systems used

BUSINESS STATISTICS

Touring a Process. Select a place of your choice (e.g. supermarket, doctor’s office, library, Post Office, department store, etc. BUT don't use a restaurant) and observe one or more key processes, the associated suppliers, inputs, process steps, outputs, customers, the measurement systems, and how the measurements are used to manage and improve the process. Report your findings as a document. Include these items:

1. Company visited

2.Process observed

3. SIPOC elements

4. Process measurements

5. Process management systems used

An online education company is considering selling a new online course for $450. They want to know if their existing customers would be willing to pay that amount, so they randomly sample 20 of their existing customers and ask them what they would be willing to pay. Among the responses, the average is $420, and the SD is $60. A histogram of the samples approximately follows the normal curve. In this problem we will conduct a t-test for the null hypothesis that the average response among all existing customers is $450, versus the alternative hypothesis that the average response among all existing customers is less than this.

(a) Under the null hypothesis, the sample average is expected to be $___________. The 
standard error is estimated to be $___________. 
 
 
 


(b) The t-test statistic is __________. 


(c) The p-value is ___________________________________________. (Give a range of values.) 


(d) Our conclusion is (circle one) reject the null hypothesis OR don’t reject the null hypothesis.

At the Bank of California, past data show that 19% of all credit card holders default at some time in their lives. On one recent day, this bank issued 11 credit cards to new customers. Find the probability that of these 11 customers at most 3 credit card holders will default.

At a local coffee house, 80% of coffee buyers will choose regular coffee, and
20% will choose decaf.
A. Out of the next 5 customers, what is the probability that 3 will choose decaf coffee?
B. Out of the next 20 customers, what is the probability that at least 10 will choose decaf
coffee?

Create Dummy variables for the 12 months of the year.

Which months have the most substantial effect on Sales? Provide analysis output

We use the t distribution to construct a confidence interval for the population mean when the underlying population standard deviation is not known. Under the assumption that the population is normally distributed, find tα∕2,df for the following scenarios. Use Table 2. (Round your answers to 3 decimal places.) tα/2,df a. A 90% confidence level and a sample of 9 observations. b. A 95% confidence level and a sample of 9 observations. c. A 90% confidence level and a sample of 27 observations. d. A 95% confidence level and a sample of 27 observations.