Ziad Company had a beginning inventory on January 1 of 285 units of Product 4-18-15 at a cost of $19 per unit. During the year, the following purchases were made.

1,900 units were sold. Ziad Company uses a periodic inventory system.

A: Determine the cost of good available for sale

B: Calculate the average cost per unit

C: Determine the ending inventory, and the cost of goods sold under each of the assumed cost flow methods. (FIFO, LIFO, and average cost)\

D: Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement?

Return on Investment and Residual Income
Johnson Company has two sources of funds: long-term debt and equity capital. Johnson Company has profit centers in the following locations with the following net incomes and total assets:

a. Calculate ROI for each profit center and rank them from highest to lowest based on ROI.

Round ROI to the nearest whole percentage.

b. Calculate residual income for each profit center based on a desired ROI of 5% and rank them from highest to lowest based on residual income.

Alta Ski Company's inventory records contained the following information regarding its latest ski model. The company uses a periodic inventory system.

Required:
1a. Which method, FIFO or LIFO, will result in the highest cost of goods sold figure for January 2018?
1b. Which method will result in the highest ending inventory balance?
2. Compute cost of goods sold for January and the ending inventory using both the FIFO and LIFO methods.

Hyper Company had a beginning inventory on January 1 of 160 units of Product 4-18-19 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 400 units at $23 Sept. 4 330 units at $26 July 20 250 units at $24 Dec. 2 100 units at $29 1,000 units were sold. Hyper Company uses a periodic inventory system.

Instructions

(a) Determine the cost of goods available for sale.

(b) Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost).

(c) Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement?

This is a Java program assignment.

In the GradeCalculator class, compute the final average and letter grade for a particular student.

The final average is calculated according to the following rules:

1) There are ten exams scored out of 100 points

2) The lowest exam score is not included in the calculation of the final average

3) The highest exam score is not included in the calculation of the final average

4) An average of 91-100 is an A

5) An average of 81-90 is a B

6) An average of 71-80 is a C

7) An average of 61-70 is a D

8) An average of 0-60 is an E

The GradeCalculator class must include the following methods:

1) A method to compute and return the highest score

2) A method to compute and return the lowest score

3) A method to compute the sum of all the scores

4) A method to compute the final average

5) A method to determine the letter grade

We know that based on the Binomial distribution, probability of x successes in n trials when the probability of success is (p) can be calculated by multiplying Combinations of n items x by x, multiplied by the probability of success (p) raised to (x) and multiplied by (1-p) raised to (n-x).

1. If probability of having a child who will study business in college (probability of success) is 0.25, what is the probability of a family with 6 children will have 3 of them study business in college

2. If probability of catching a cold is 0.03, what is the probability of 3 people out of six catching a cold?

3. If probability of catching a cold is 0.97, what is the probability of 3 people out of six catching a cold?

  [ 1+1+1 Marks]

The average number of years, a student takes to complete an advanced diploma is X̅ years. The standard deviation is σ years. Assume the variable is normally distributed. If an individual enrolls in the program, then find the probability that it will take (Use Dataset I to find the value of   ‘ X̅’ and’ σ’),

a. More than 5.5 years to complete the advance diploma.

b. Less than 4.3 years to complete the advance diploma.

c. Less than 2.8 and more than 4.5 years to complete the advance diploma.

The mean number of daily surgeries at a local hospital is 6.2. Assume that surgeries are random, independent events.

(a) The count of daily surgeries follows approximately:

A Poisson distribution with mean 6.2 and standard deviation 2.49.

A binomial distribution with mean 6.2 and standard deviation 3.8.

    A binomial distribution with mean 6.2 and standard deviation 1.76.

A Poisson distribution with mean 6.2 and standard deviation 6.2.

A binomial distribution with mean 6.2 and standard deviation 3.1.

(b) The probability that there would be only 2 or fewer surgeries in a given day is approximately (round to 4 decimal places):

A task force is studying the need for an additional bicycle path on a large university campus. It is assumed that the distribution of bicyclists using a path between classes is normally distributed with a population variance of about 64. A random sample of 7 existing bicycle paths showed that the sample mean number of bicyclists using a path between classes was 33.

A group of interested students took its own sample of 5 different bicycle paths, and computed a confidence interval for the population mean that ranged from (16.0 , 25.173 ). What is the probability content (or the level of confidence) of this interval?