Minden Company manufactures a high-quality wooden birdhouse that sells for $25
per unit. Variable costs are $12 per unit, and fixed costs total $210,000. The
company sold 30,000 birdhouses to customers during 2020. The president of
Minden Company believes the following changes should be made in 2021:

1. the selling price of the birdhouse should be reduced by 20%

2. increase advertising by $33,000

Assume these changes are made. Calculate the number of units Minden Company
must sell in 2021 in order to earn a net income that is 40% larger than the
net income earned in 2020.

I'm sorry for posting this, I just wanted to make sure I got the right answer before I posted this homework. Kind of tricked me up a little.

Kempton owns a plumbing repair service company that has been in business for thirty years in Shreveport Louisiana (population 198,675). The company employs 50 repairmen and repairwomen that work in two person teams doing plumbing repair jobs. Kempton’s son Myron is going to be taking over the business and has lots of ideas about improving incentives. Equipped with what he has learned in the MBA program at LSU, he has established that (1) customer satisfaction, (2) capacity utilization (the plumbing repair service people need to be working when they are on the clock) and (3) the profit margin of the service (some repairs involve more parts than others and the mark up the customers on the parts is high) are the company’s profit drivers.

Myron has decided to implement a program where the plumber’s bonuses are based on a formula that has 40% weight on customer satisfaction (measured by post-service customer satisfaction surveys), 30% weight on capacity utilization (measured by number of jobs completed) and 30% weight on profit margin (measured by number of high mark-up jobs completed).

Explain to Myron why, while he would like to see improvements in the plumbers’ performance on all three dimensions, he is more likely to see significant improvement on one dimension and little or no improvement on the other two dimensions.

For the operating systems game, let us now assume the intrinsic superiority of Mac is not as great and that network effects are stronger for Windows. These modifications are reflected in different payoffs. Now, the payoff from adopting windows is (50 x W) and from adopting Mac is (15+ 5 x M); n consumers are simultaneously deciding between Windows and Mac.

A. Find all nash equilibria.

B. With these new payoffs, let us now suppose that a third option exists, which is to not buy either operating system; it has a payoff of 1000. Consumers simultaneously decide among windows, mac, and no operating system. Find all nash equilibria.

Quaternary Structure

Quaternary structure represents the three-dimensional (3D) structure of one functional protein.

25. The 3D quaternary structure is facilitated by interactions between which portions of the polypeptide chain? (Select one)

1. Backbone atoms

2. Side chains/R groups

26. List the different types of interactions that can occur at the level of quaternary protein structure.

1. Covalent bonds

2. Interactions between individual amino acid R units that are near to each other in the linear

3. sequence

4. interactions of individual amino acid R groups between different chains

5. Individual amino acid R units that are separated from each other by a large distance along the linear sequence of amino acids.

27. How many polypeptide chains are present in the Quaternary structure of a protein?

28. When proteins have multiple polypeptide chains, what are the individual polypeptide chains called?

29. Find an example of a functional protein that is composed of multiple polypeptide chains (other than the example given in class). Provide the name of the protein below.

30. Draw a representation of the protein named above (in question 29). Be sure to decipher the different subunits.

Sandy is a single and has the following situation for the year: Sandy's income of $80,000; dividend income of $20,000; interest income of $2,000; short-term capital gain of $8,000 and long-term capital gain of 14,000. She also paid $1,000 on interest charges on her credit card. Her other total exemptions and itemized deductions is 22,000; these amounts will be deducted from her gross income to determine her taxable income. If she is files as a single individual, what is Sandy's marginal tax rate? Use the individual tax rate provided below. Individual Tax Rates: Single Individual Taxable Income You Pay This Amount on the Base of the Bracket Plus This Percentage on the Excess over the Base (Marginal Rate) Average Tax Rate at the Top of Bracket Up to $8925 $0 10.0% 10.0% $8925-36350 $892.50 15.0 13.8 $36250-87850 $4991.25 25.0 20.4 $87850-183250 $17891.25 28.0 24.3 183250-398350 $44603.25 33.0 29.0 $398350-400000 $115586.25 35.0 29.0 Over $400000 $116163.75 39.6 39.6 A. 10.0% B. 20.0% C. 25.0% D. 28.0% E. None of the above

Part I

Suppose you value a special watch at $100. You purchase it for $75. On your way home from class one day, you lose the watch. The store is still selling the same watch, but the price has risen to $85. Assume that losing the watch has not altered how you value it.

Should you pay $85 to buy a second watch? Why or why not? Explain.

Part II

You are the manager of a 24-hour copy shop that is closed on Sundays. You lease a building for $2,000 per month and hire three employees who each work eight-hour shifts at a wage of $10.00 per hour. The markets for labor and office space are tight in your area. To acquire the lease and hire workers, you signed contracts requiring you to give 12 months advance notice before abandoning your lease or laying off workers (if you fail to comply, the contracts force you to fully compensate your landlord and workers for the income they otherwise would have earned over the 12-month period). Paper costs you $0.02 per sheet. You currently sell 500,000 color copies per year at a price of $0.10 per copy and 1,000,000 black-and-white copies per year at a price of $0.05 per copy. Because of your high volume, each of your two copiers has a useful life of only one year. You just received a call from an employee who informs you that your color copier just broke down. The good news is that your black-and-white copier is brand-new; the bad news is that a new color copier will cost $30,000.

Q: Should you purchase a new color copier? (Show your calculations and explain why. Assume that customers who want color copies are unwilling to substitute black-and white copies.)

The function
D(t) = 43.1224(1.0475)^t. gives the number of master’s degrees, in thousands, conferred on women in the United States t years after 1960. Find the number of master’s degrees earned by women in 1984, in 2002, and in 2010. Then estimate the number of master’s degrees that will be earned by women in 2020.?When will the number of master’s degrees earned by women in the U.S. reach a million?

Wahlund Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. They prepared the following budget for October, when they planned on selling 6,500 units.

Actual results for October were:

Prepare a Flexible Budget Performance Report (complete Flexible Budget Analysis), including the total Activity Variance, total Revenue and Spending Variance, and individual Revenue and Spending Variances. All variances must be labeled as unfavorable (U) or favorable (F). Match each of the following items to the appropriate answer. Prepare the Flexible Budget Performance Report BEFORE you attempt to answer the questions.

1. What is the total Activity Variance?

2. What is the total Revenue and Spending Variance?

3. What is the individual Revenue Variance?

4. What is the individual Spending Variance for Variable Manufacturing Cost?

5. What is the individual Spending Variance for Fixed Manufacturing Cost?

6. What is the individual Spending Variance for Variable Selling and Administrative Expenses?

7. What is the individual Spending Variance for Fixed Selling and Administrative Expenses?

8. What is the flexible budget amount for Revenue?

9. What is the flexible budget amount for Variable Manufacturing Costs?

10. What is the flexible budget amount for Fixed Manufacturing Costs?

11. What is the flexible budget amount for Variable Selling and Administrative Expenses?

12. What is the flexible budget amount for the Fixed Selling and Administrative Expenses?

13. What is the flexible budget amount for Budgeted Operating Income?

Problem 3-2A Preparing adjusting and subsequent journal entries LO A1, P1 Arnez Company’s annual accounting period ends on December 31, 2017. The following information concerns the adjusting entries to be recorded as of that date. The Office Supplies account started the year with a $3,850 balance. During 2017, the company purchased supplies for $15,901, which was added to the Office Supplies account. The inventory of supplies available at December 31, 2017, totaled $3,388. An analysis of the company's insurance policies provided the following facts. Policy Date of Purchase Months of Coverage Cost A April 1, 2015 24 $ 10,824 B April 1, 2016 36 9,576 C August 1, 2017 12 8,424 The total premium for each policy was paid in full (for all months) at the purchase date, and the Prepaid Insurance account was debited for the full cost. (Year-end adjusting entries for Prepaid Insurance were properly recorded in all prior years.) The company has 15 employees, who earn a total of $1,750 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday. Assume that December 31, 2017, is a Tuesday, and all 15 employees worked the first two days of that week. Because New Year’s Day is a paid holiday, they will be paid salaries for five full days on Monday, January 6, 2018. The company purchased a building on January 1, 2017. It cost $725,000 and is expected to have a $45,000 salvage value at the end of its predicted 30-year life. Annual depreciation is $22,667. Since the company is not large enough to occupy the entire building it owns, it rented space to a tenant at $3,200 per month, starting on November 1, 2017. The rent was paid on time on November 1, and the amount received was credited to the Rent Earned account. However, the tenant has not paid the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and January rent in full on January 15. The tenant has agreed not to fall behind again. On November 1, the company rented space to another tenant for $2,899 per month. The tenant paid five months' rent in advance on that date. The payment was recorded with a credit to the Unearned Rent account. Required: 1. Use the information to prepare adjusting entries as of December 31, 2017. 2. Prepare journal entries to record the first subsequent cash transaction in 2018 for parts c and e.