Shadee Corp. expects to sell 590 sun visors in May and 350 in June.
Each visor sells for $18. Shadee’s beginning and ending finished
goods inventories for May are 65 and 55 units, respectively. Ending
finished goods inventory for June will be 55 units.
Each visor requires a total of $4.00 in direct materials that
includes an adjustable closure that the company purchases from a
supplier at a cost of $2.50 each. Shadee wants to have 31 closures
on hand on May 1, 20 closures on May 31, and 27 closures on June
30. Additionally, Shadee’s fixed manufacturing overhead is $1,000
per month, and variable manufacturing overhead is $2.00 per unit
produced.
Required:
1. Determine Shadee's budgeted cost of closures purchased
for May and June. (Round your answers to 2 decimal places.)
2. Determine Shadee's budget manufacturing overhead for May and
June. (Do not round your intermediate values. Round your answers to
2 decimal places.)
3. Suppose that each visor takes 0.40 direct labor hours
to produce and Shadee pays its workers $8 per hour.
Determine Shadee's budgeted direct labor cost for May and
June. (Do not round your intermediate values. Round your answers to
2 decimal places.)
In: Accounting
(1 point) A poll is taken in which 350 out of 600 randomly
selected voters indicated their preference for a certain
candidate.
(a) Find a 90% confidence interval for p.
I keep getting 58.2 and 58.4 which is wrong
(b) Find the margin of error for this 90% confidence interval for p.
In: Statistics and Probability
You should be able to answer in 350 words. Give three reasons why health systems are important to attain the 'right to the highest attainable standard of health'? Use examples and explanations from the readings.
readings: https://www.nytimes.com/2015/03/10/health/ebola-stricken-countries-lagged-in-health-systems.html
video resource: https://www.youtube.com/watch?v=uB2EzlKcRIA
In: Nursing
Please discuss the following question in your own words 350 word on the following question.
Choose a real health care organization to study. Interview 1 key leader who is involved in the organization's health care delivery. Based on questions asked and answers given, the report will summarize the questions and answers and then present detailed information evaluating the following: team building activities and conflict resolution techniques of the organization and these changes may impact may impact operations and budgets.
In: Nursing
1.Suppose that one year from now you receive $350. At the end of the next nine years you receive a payment that is 4% larger than the prior year. If the cost of capital is 14% what is this stream of cash flows worth today?
2.Suppose that one year from now you will receive $1000 and that at the end of every year thereafter you will receive a payment that is 3% larger than the prior payment. If the cost of capital is 9% what is this stream of cash flows worth today?
3.Suppose that one year from now you will receive $700. At the end of each of the next four years you will receive a payment that is 1% bigger than the prior payment. Following year five you will receive a payment at the end of every year that is 4% larger than the prior payment. If the cost of capital is 7% what is the this stream of cash flows worth today?
In: Finance
FINC 350 – Attribution Assignment
1. What is the purpose of macro-attribution analysis?
2. Identify the categories in the attribution analysis and what they represent.
3. The Fund has a 2% policy-weight to emerging market equities – a sub-category within the international equity bucket. The broad category benchmark is MSCI-EAFE and has a 20% policy weight. MSCI-EAFE returned 2.5% and MSCI-EME returned 3.5% during the last month. What is the style-bias impact? Show calculations.
4. Instead of a passive ETF, we decided to hire an active manager whose objective is to outperform the Barclays Aggregate Index. Given what was just proposed to Advisory Board, what would be the VAM impact if during the first month of live performance the manager outperformed its benchmark by 1.2%? Show calculations.
5. Using the information in #4 above, what is the VAM impact in Allocation Tactics if our actual allocation to fixed income was 3 percentage points below policy? Show calculations.
6. In the Alternatives bucket, we have a custom benchmark. Assume the Fund is at target allocation for Alternatives. The underlying ETFs each has their own custom benchmark. Identify which categories in the attribution analysis would be impacted if the underlying ETFs performed in line with their respective benchmark AND each respective benchmark outperformed the custom Alternatives benchmark. Show calculations using appropriate notation.
In: Finance
[Words Limit: Up to 350 words.] a) Lecture 10 and Interactive Tutorial 11 discusses the acronym TELOS which provides guidance for accessing project feasibility. The term stands for technical, economic, legal, operational and schedules feasibility. Discuss these feasibilities briefly. And elaborate cost-benefit analysis under economic feasibility.
b) Accountants should be involved in the detailed design and implementation of the system development life cycle. Comment on the statement
In: Accounting
QUESTION 1 : Words: 350-400
Assume you are strategy expert of a company in your country.
a. Discuss how each of the Porter’s forces would affect/influence decision or strategy of your company.
b. Suggest how the company can create and sustain its competitive advantage.
In: Operations Management
Plato Manufacturing Company has developed a new detergent that can be sold for KES 350 per unit. The company has undertaken market research at a cost of KES 12 million in order to forecast the future cash flows of the investment project. The detergent is expected to continue gaining popularity for many years. The Chief Finance Officer has, however, proposed that investment in the new product should be evaluated over a four-year time-horizon, (even though sales would continue after the fourth year), on the grounds that cash flows after four years are too uncertain to be included in the evaluation. The variable and fixed costs (both in current price terms) are as follows:
|
Sales volume (units) |
Less than 1 million |
1 to 1.9 million |
2 to 2.9 million |
3 to 3.9 million |
|
Variable cost (KES per unit) |
250 |
270 |
280 |
300 |
|
Total fixed cost (KES) |
5 million |
5. 8 million |
6.8 million |
7.8 million |
The forecasted sales volumes are as follows:
|
Year |
1 |
2 |
3 |
4 |
|
Demand (units) |
700,000 |
1,200,000 |
1,600,000 |
2,200,000 |
The machinery required for production of the new detergent line would cost KES 200 million. An additional initial investment of KES 125 million will be needed for working capital. Plato Manufacturing Company pays corporate tax at the rate of 30% per year, payable one year in arrears.
Selling price and cost information are in current price terms, before applying selling price inflation of 6% per year, variable cost inflation of 4 % per year and fixed cost inflation of 6% per year. Plato Manufacturing Company uses an after-tax cost of capital of 14% to appraise all new capital projects.
Assume that production lasts for only the four years under consideration above, calculate the NPV of investing in the new machine and advice if it’s financially acceptable (work to two decimal places).
In: Finance
Data collected from 800 school athletes show that 350 of them stretched before exercising and the rest did not.
Among these 350, 80 suffered an injury last year. Among the remaining athletes who did not exercise, 150 got injured last year.
a) Form the contingency table.
b) What is the risk of getting injured if you do not stretch?
c) What is the relative risk of getting injured if you stretch in comparison to if you do not?
d) What are the odds of getting injured if you stretch?
e) Do the hypothesis testing to establish if the relationship between stretching and getting injured is statistically significant or not.
1. State the hypothesis.
2. Make the expected counts table.
3. Calculated the Chi-squared test statistic. What is the conclusion?
4. Find the p-value. What is the conclusion?
5. Make a final decision about the relationship between stretching and injuries.
In: Statistics and Probability