Bulldog uses the first in, first out (FIFO) method to account for tire inventory.
Bulldog accrues salaries and payroll taxes on the last day of each month and pays all employment-related liabilities on the 5th day of the following month. Assume employees are in the 10% income tax bracket. Use the following tax rates: FICA OASDI, 6.2%; Medicare, 1.45%; Federal Unemployment Tax, 0.6%; and State Unemployment Tax, 5.4%.
The expected useful life of the equipment and furniture is five years with zero salvage value.
During January, Bulldog Consulting completed the following transactions:
Jan 2. Completed oil changes for a total of $9,600 (in cash).
2. Prepaid three months office rent, $2,400.
5. Paid salary and payroll taxes accrued at the end of December.
7. Purchased 80 tires on account, $1,600, plus freight of $40.
18. Sold 50 tires on account, $3,250.
19. Completed oil changes for a total of $5,000 on account.
19. Completed oil changes for the orders prepaid as of December 31.
21. Paid cash on account, $1,460.
22. Purchased 150 tires on account, $3,450.
23 Sold 40 tires for cash, $2,400.
24. Paid utilities, $700.
28. Sold 110 tires for cash, $7,200.
31. Record all of the adjusting entries necessary to prepare the financial statements at the end
of January. Additional information:
> Accrued salaries for January (Gross pay, $2,500) and accrued relevant employee
payroll withholdings and employer payroll expense.
> A physical count of tire inventory shows 25 units in inventory.
>At the end of January, office supplies on hand cost $250.

To Do:

(1) Prepare journal entries for all needed January transactions. Post to the ledger. Print an unadjusted trial balance for submission.
(2) Prepare all necessary adjusting entries at January 31. Post to the ledger. Print an adjusted trial balance for submission.
(3) Prepare and print the following financial statements for submission: multi-step income statement for the month ended January 31, statement of retained earnings for the month ended January 31, classified balance sheet at January 31.
(4) Prepare all necessary closing entries at January 31. Post to the ledger. Print a post-closing trial balance for submission.
(5) Print all journal entries (January transactions, adjusting entries, and closing entries) for submission.

Additional Info:
Bulldog Automotive account balances as of January 1, 2018:
The ledger: Cash, $18,697; Accounts Receivable, $3,600; Tire Inventory, $0; Office Supplies, $300; Prepaid Rent, $0; Equipment, $3,600; Accumulated Depreciation – Equipment, $120; Furniture, $6,000; Accumulated Depreciation – Furniture, $200; Accounts Payable, $3,600; Unearned Revenue, $800; Salaries Payable, $685; Employee Income Tax Payable, $83; FICA OASDI Payable, $52; FICA Medicare Payable, $12; Federal Unemployment Tax Payable, $0; State Unemployment Tax Payable, $0; Bulldog Income Tax Payable, $0; Common Stock, $20,000; Retained Earnings, $6,645; Dividends, $0; Income Summary, $0; Service Revenue, $0; Sales Revenue, $0; Cost of Goods Sold, $0; Salaries Expense, $0; Bulldog Income Tax Expense, $0; Rent Expense, $0; Utilities Expense, $0; Payroll Tax Expense, $0; Depreciation Expense – Equipment, $0; and Depreciation Expense – Furniture, $0; Office Supplies Expense, $0.

CASE STUDY IKEA
The first few years of the twenty-first century were difficult for IKEA, the U$31 billion global furniture powerhouse based in Sweden. The Euro’s strength dampened financial results, as did an economic downturn in Central Europe. The company faced increasing competition from hypermarkets, “do-it-yourself” retailers such as Walmart, and supermarkets that were expanding into home furnishings. Looking to the future, CEO Anders Dahlvig is stressing three areas for improvement: product assortment, customer service, and product availability. With stores in 38 countries, the company’s success reflects founder Ingvar Kamprad’s “social ambition” of selling a wide range of stylish, functional home furnishings at prices so low that the majority of people can afford to buy them. The store exteriors are painted bright blue and yellow: Sweden’s national colours. Shoppers view furniture on the main floor in scores of realistic settings arranged throughout the cavernous showrooms. At IKEA, shopping is a self-service activity; after browsing and writing down the names of desired items, shoppers can pick up their furniture on the lower level. There they find “flat packs” containing the furniture in kit form; one of the cornerstones of IKEA’s strategy is having customers take their purchases home in their own vehicles and assemble the furniture themselves. The lower level of a typical IKEA store also contains a restaurant, a grocery store called the Swede Shop, a supervised play area for children, and a baby care room. IKEA’s unconventional approach to the furniture business has enabled it to rack up impressive growth in an industry in which overall sales have been flat. Sourcing furniture from a network of more than 1,600 suppliers in 55 countries helps the company maintain its low-cost, high-quality position. During the 1990s, IKEA expanded into Central and Eastern Europe. Because consumers in those regions have relatively low purchasing power, the stores offer a smaller selection of goods; some furniture is designed specifically for the cramped living styles typical in former Soviet bloc countries. Throughout Europe, IKEA benefits from the perception that Sweden is the source of high-quality products and efficient service. Currently, Germany and the United Kingdom are IKEA’s top two markets. The United Kingdom represents the fastest-growing market in Europe. Although Britons initially viewed the company’s less-is-more approach as cold and “too Scandinavian,” they were eventually won over. IKEA currently has 18 stores in the United Kingdom and plans call for opening more in the next decade. As Allan Young, creative director of London’s St. Luke’s advertising agency, noted, “IKEA is anti-conventional. It does what it shouldn’t do. That’s the overall theme for all IKEA advertisements: liberation from tradition.” In 2005, IKEA opened two stores near Tokyo; more stores are on the way as the company expands in Asia. IKEA’s first attempt to develop the Japanese market in the mid-1970s resulted in failure. Why? As Tommy Kullberg, former chief executive of IKEA Japan, explained, “In 1974, the Japanese market from a retail point of view was closed. Also, from the Japanese point of view, I do not think they were ready for IKEA, with our way of doing things, with flat packages and asking the consumers to put things together and so on.” However, demographic and economic trends are much different today. After years of recession, consumers are seeking alternatives to paying high prices for quality goods. Also, IKEA’s core customer segment—post–baby boomers in their 30s—grew nearly 10 percent between 2000 and 2010. In Japan, IKEA offers home delivery and an assembly service option. Industry observers predict that North America will eventually rise to the number one position in terms of IKEA’s worldwide sales. The company opened its first U.S. store in Philadelphia in 1985; as of 2010, IKEA operated stores in 48 stores in North America. Plans call for opening at least several more U.S. stores each year through 2015. Goran Carstedt, former president of IKEA North America, described his target market by noting, “Our customers understand our philosophy, which calls for each of us to do a little in order to save a lot. They value our low prices. And almost all of them say they will come back again.” As one industry observer noted, “IKEA is on the way to becoming the Walmart Stores of the home-furnishing industry. If you’re in this business, you’d better take a look.” (Keegan & Green, 2014)

QUESTION >>

1. The process of global market segmentation begins with the choice of one or more variables to use as a basis for grouping customers. Companies such as IKEA should attempt to identify consumers in different countries who share similar needs and desires. By performing market segmentation, marketers can generate the insights needed to devise the most effective approach. Assess the variables that global marketers can use to segment global markets and give an example of each.

In the following set of elements, rank them from LOWEST first ionization energy to HIGHEST first ionization energy.

      -       1.       2.       3.       4.       5.       6.         

He

      -       1.       2.       3.       4.       5.       6.         

Ar

      -       1.       2.       3.       4.       5.       6.         

Mg

      -       1.       2.       3.       4.       5.       6.         

Al

      -       1.       2.       3.       4.       5.       6.         

P

      -       1.       2.       3.       4.       5.       6.         

Cl

*** Please be concise and give full explanation ***

Compare and contrast the protein-first versus RNA-first hypotheses. Which hypothesis has the most supporting evidence?

Periodic Inventory System

If this business uses First in First out inventory system instead of Last in Last out then what will the net income be for the month described below? Will it be Higher, lower, the same or unknown? Explain your reasoning.

Cost of Goods Available for Sale:

Retail Sale of Goods:

Bulldog uses the first in, first out (FIFO) method to account for tire inventory.
Bulldog accrues salaries and payroll taxes on the last day of each month and pays all employment-related liabilities on the 5th day of the following month. Assume employees are in the 10% income tax bracket. Use the following tax rates: FICA OASDI, 6.2%; Medicare, 1.45%; Federal Unemployment Tax, 0.6%; and State Unemployment Tax, 5.4%.
The expected useful life of the equipment and furniture is five years with zero salvage value.
During January, Bulldog Consulting completed the following transactions:
Jan 2. Completed oil changes for a total of $9,600 (in cash).
2. Prepaid three months office rent, $2,400.
5. Paid salary and payroll taxes accrued at the end of December.
7. Purchased 80 tires on account, $1,600, plus freight of $40.
18. Sold 50 tires on account, $3,250.
19. Completed oil changes for a total of $5,000 on account.
19. Completed oil changes for the orders prepaid as of December 31.
21. Paid cash on account, $1,460.
22. Purchased 150 tires on account, $3,450.
23 Sold 40 tires for cash, $2,400.
24. Paid utilities, $700.
28. Sold 110 tires for cash, $7,200.
31. Record all of the adjusting entries necessary to prepare the financial statements at the end
of January. Additional information:
> Accrued salaries for January (Gross pay, $2,500) and accrued relevant employee
payroll withholdings and employer payroll expense.
> A physical count of tire inventory shows 25 units in inventory.
>At the end of January, office supplies on hand cost $250.

(1) Prepare and print the following financial statements for submission: multi-step income statement for the month ended January 31, statement of retained earnings for the month ended January 31, classified balance sheet at January 31.
(2) Prepare all necessary closing entries at January 31. Post to the ledger. Print a post-closing trial balance for submission.

Additional Info
Bulldog Automotive account balances as of January 1, 2018:
The ledger: Cash, $18,697; Accounts Receivable, $3,600; Tire Inventory, $0; Office Supplies, $300; Prepaid Rent, $0; Equipment, $3,600; Accumulated Depreciation – Equipment, $120; Furniture, $6,000; Accumulated Depreciation – Furniture, $200; Accounts Payable, $3,600; Unearned Revenue, $800; Salaries Payable, $685; Employee Income Tax Payable, $83; FICA OASDI Payable, $52; FICA Medicare Payable, $12; Federal Unemployment Tax Payable, $0; State Unemployment Tax Payable, $0; Bulldog Income Tax Payable, $0; Common Stock, $20,000; Retained Earnings, $6,645; Dividends, $0; Income Summary, $0; Service Revenue, $0; Sales Revenue, $0; Cost of Goods Sold, $0; Salaries Expense, $0; Bulldog Income Tax Expense, $0; Rent Expense, $0; Utilities Expense, $0; Payroll Tax Expense, $0; Depreciation Expense – Equipment, $0; and Depreciation Expense – Furniture, $0; Office Supplies Expense, $0.

Thank you

Differentiate the treatment of spoilage using the First-in First-Out versus the weighted average costing method.

? are fill in the blank spots.

(Appendix 6A) First-In, First-Out Method

Benson Pharmaceuticals uses a process-costing system to compute the unit costs of the overthe- counter cold remedies that it produces. It has three departments: mixing, encapsulating, and bottling. In mixing, the ingredients for the cold capsules are measured, sifted, and blended (with materials assumed to be uniformly added throughout the process). The mix is transferred out in gallon containers. The encapsulating department takes the powdered mix and places it in capsules (which are necessarily added at the beginning of the process). One gallon of powdered mix converts into 1,500 capsules. After the capsules are filled and polished, they are transferred to bottling, where they are placed in bottles that are then affixed with a safety seal, lid, and label. Each bottle receives 50 capsules.

During March, the following results are available for the first two departments:

Overhead in both departments is applied as a percentage of direct labor costs. In the mixing department, overhead is 200% of direct labor. In the encapsulating department, the overhead rate is 150% of direct labor.

Required:

1. Prepare a production report for the mixing department using the FIFO method. Round the unit cost to four decimal places. If required, round final answers (except for unit costs) to the nearest dollar or unit.

2. Prepare a production report for the encapsulating department using the FIFO method. Round the unit cost to four decimal places. If required, round final answers (except for unit costs) to the nearest dollar or unit. Hint: For this department you must convert gallons to capsules. Note: "Total costs to account for" and "Total costs to account for" would be different due to rounding.

by java

Implement a linked list generic queue. Remember queues are first in first out (FIFO). Use the driver to then test each of the methods. Simply download it and place it with the other source files.

Create a class GenLLQueue which has the following:

Internal class ListNode which contains:

Instance variable data of type T

Instance variable link of type ListNode

Default constructor that sets both instance variables to null

Instance Variables

head which is of type ListNode which points to the first element in the queue

tail which of type ListNode which points to the last element in the queue

Constructor

A default constructor that initializes head and tail to null

Methods

enqueue – This method returns no value and takes a variable of type T and adds it after the tail. The moves to tail to point to the newly added element.

dequeue – This method removes and returns the first element in the queue

peek – This method returns the first element of the queue without removing it

showQueue – Prints out the queue in order

Driver:

public class QueuesTester {

        public static void main(String[] args) {
                // TODO Auto-generated method stub
                System.out.println("Testing Generic Linked List Queue");
                System.out.println("Enqueue'ing 10 numbers 0-9");
                GenLLQueue<Integer> qLLInts = new GenLLQueue();
                for(int i=0;i<10;i++)
                {
                        qLLInts.enqueue(i);
                }
                System.out.println("Dequeue'ing all numbers and printing them out.");
                for(int i=0;i<10;i++)
                {
                        System.out.println(qLLInts.dequeue());
                }
                System.out.println("Testing peek");
                qLLInts.enqueue(5);
                System.out.println(qLLInts.peek());
                System.out.println("Testing show queue");
                for(int i=0;i<10;i+=2)
                {
                        qLLInts.enqueue(i);
                }
                qLLInts.showQueue();
        }

}

example output:

Testing Generic Linked List Queue

Enqueue'ing 10 numbers 0-9

Dequeue'ing all numbers and printing them out.

0

1

2

3

4

5

6

7

8

9

Testing peek

5

Testing show queue by adding all even numbers 0 to 8

5

0

2

4

6

8

You have already implemented a Queue before that works on First Come First served basis.
In this assignment you are to implement a class that works on Last In First Out. Such a structure is called a Stack. It only allows two operations add (named push) and remove (named pop).
Push only allows adding any data item to the last entry place.
Pop only allows you to remove the last added entry from the stack.

For example if your stack has items (means values where added in the order 12 then 30 then 15)
12 30 15

After Push(45) the stack will look like
12 30 15 45

After call to Pop() the stack must look like
12 30 15

After another call to Pop() the stack must look like
12 30

You must implement a Stack as a class.
This should have
three methods
constructor: That will declare an empty array of 5 elements.
Pop: This function will just remove a value from the last of the Stack and return it to the user.
Push: This method will take an item as argument to be added to the stack.
If the space in the stack is not full the item will be added to the end of the stack
If the stack is full with items then a new array must be declared that is double the size of the last array and all values must be copied to the new array before the new item is added to the last of these values.

NOTE: The code must be in "C LANGUAGE"

THANK YOU