Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:

The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:  

Required:

Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.)

How will the reservation, purchase agreement, and the delivery of a Model 3 impact Tesla’s financial statements?

Since 2016, Tesla has been accepting reservations for its Model 3 car, which is a mid-size all electric four-door sedan. The long-range battery Model 3 (310 miles on a single charge) starts at $50,000, while the standard range battery Model 3 (220 miles) starts at $35,000. Production cannot keep up with demand for this model. Tesla produced and delivered 1,772 units during 2017. Tesla has said it plans to produce 5,000 units per week in the latter half of 2018. Currently there are more than 400,000 reservations for the Model 3, with 1,800 reservations being added per day. If a customer wants to purchase a Tesla Model 3, the customer will first make a reservation for a Model 3 which puts the customer in line. A reservation requires a $1,000 reservation payment. When the production of that customer’s Tesla would be scheduled within the next 1 – 3 months, Tesla invites the customer to place an actual order. The $1,000 reservation payment is applied to the customer’s purchase agreement. If the customer changes their mind at any point before making the purchase agreement, the $1,000 reservation payment is refundable to the customer. Full payment for the Model 3 (less the $1,000 reservation payment) is collected at the time of delivery to the customer.

Questions:

1. When Tesla receives a $1,000 reservation payment from a customer, what Tesla general ledger accounts does this $1,000 impact? Explain.

2. Now assume that a customer orders a Model 3 by completing the purchase agreement. Will this purchase agreement directly impact Tesla’s balance sheet or income statement at the date of the purchase agreement?

3. When the Model 3 is delivered to the customer and payment is received, how will Tesla’s balance sheet and income statement be impacted at the point of delivery?

Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:

The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:

Required:

Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.)

Caring for lawn (per sq ft of laawn)

Caring for garden bed-low maintenance (per sq ft of low maintenance bed)

Caring for garden bed-high maintenance (per sq ft of high maintenance bed)

Travel to jobs (per mile)

Customer billing service (per customer)

JAVA PROGRAM

(Make sure that programs are running. Please discuss, if there is any compilation or run error.)

Q. 1 Calculate the expression

a)         x= 7.0 + (12 %3)*5 – 3;                   

b)         x= 7 + (11 / 2)*5 + 3;           

Q 2: Write a program that prompts the user to enter five test scores and then prints

the average test score. (Assume that the test scores are decimal numbers.)

Q 3. Write a program that prompts the capacity, in gallons, of an automobile fuel tank and the miles per gallon the automobile can be driven. The program outputs the number of miles the automobile can be driven

without refueling.

Q 4. Centigrade and Fahrenheit are two scales to measure temperature. Write a program that that prompts the user to enter Centigrate and then print the Fahrenheit.

Use following formula for conversion.

Fahrenheit = Centigrade*1.8 +   32 ;

Q. 5 What is the output of the following program?

public class SwitchDemo {

    public static void main(String[] args) {

int x = 2;

switch (x)

{ case 1: cout << "x is 1";

case 2: cout << "x is 2";

default: cout << "value of x unknown"; } }

Q. 6

a)        Which of the following are valid java identifiers (variables)?   

•           1MyFirstProgram

•           Mix_up

•           Fifth.x

•           five

b) Write whethet the following expressions are true or false

I.          8>8&&9>8

II.         8>8| |8>9

Q. 7 Write a program to calculate the bill of a customer. The program will

-           Prompt the employee to enter the monthly plan fees.

-           Prompt the employee to enter the rate per additional minute.

-          Print the bill

The bill will be calculated as follows: if the number of consumed minutes is 300 minutes or less, the client pays only his regular monthly fees. If the number of minutes is more than 300, then he should pay in addition to the regular monthly fees, an extra amount for each additional minute consumed (over the allowed 300 minutes using rate per additional minute.).

answer all or do not answer

SHOW ALL WORK FOR COMPUTATIONAL PROBLEMS OR NO CREDIT (write out the equation and solution)

1. Determine the number of significant figures for the following:

A) 4778526

B) 0.075

C) 850

D) 14268.5

E) 25.8 x 10⁵

F) 3310 x 10^-1

2) Convert the following into scientific notation:

A) 0.004288

B) 4200

C) 363000000

D) 0.00000363

Please use these conversion for the following problems :

1mi = 1609 m               3.79 L = 1.00 gal           1.00 mi = 1.61 km

1 foot = 12 inches         1m/s = 2.2 mi/hr            1 inch = 2.45 cm = 25.4mm

3) Express 18 mi/h in units of meters per second. (1 mi = 1609 m)

4) Convert 775,632 seconds into days

5) Convert 42 miles into feet

6) Your car gets 22.6 mi/gal on a vacation trip in the U.S. If you were figuring your mileage in Europe, how many km/L did it get?

7) Suppose that an object travels from one point in space to another. Make a comparison between the magnitude of the displacement and the distance traveled by this object. Then write or draw out an example.

A) The displacement is either greater than or equal to the distance traveled.

B) The displacement is always equal to the distance traveled.

C) The displacement is either less than or equal to the distance traveled.

D) The displacement can be either greater than, smaller than, or equal to the distance traveled.

Example -

8) If the acceleration of an object is zero, then that object cannot be moving.

A) True

B) False

EXPLAIN

9) You are driving home on a weekend from school at 51 mi/h for 115 miles. It then starts to snow and you slow to 35 mi/h. You arrive home after driving 4 hours and 45 minutes. How far is your hometown from school?

Let's return to Interstates 80 and 680 in rural Iowa, courtesy of Google Earth. (Open Google Earth using the same file as in the Pre-Lab, Interstate_80_in_Iowa.kmz. (Do it the same way you did in the Chapter 1 lab. If you are using Chrome, there should be a button for this file in the lower left corner of your screen after you download it. If you are using other browsers, this file is probably in your Downloads folder.)
Starting from a complete stop, a car gets on I-80 at the I-80 and I-680 interchange, then drives to Stuart and continues east. After starting to move, the car accelerates over a distance of 1/4 mile, until reaching 55 miles per hour and continuing to Stuart at that constant speed. So between the I-680 interchange and Stuart, the time and distance can be considered to be composed of two time/distance parts:

(link) Interstate_80_in_Iowa.kmz (Google maps shows it is 65.5 miles from I680 to stuart)

time(1): the time taken accelerating from 0 mph to 55 mph during the first 1/4 mile

distance(1): the first 1/4 mile over which the car was accelerating

time(2) the time taken to cover the rest of the distance to Stuart going at the constant speed 55 mph

distance(2): the rest of the distance to Stuart after the 1st 1/4 mile

5.A. What is distance(2), the distance to Staurt after the 1^st ¼ mile? _______________

5.B.   What is the time time(1) spent accelerating, in units of hours?___________

5.C. What is the time time(2) spent driving at the constant speed after the 1^st ¼ mile to Stuart? ____________

5.D. - What percentage of the total distance of the trip (distance(1) + distance(2)) between I-680 interchange and Stuart was spent accelerating?

5.E.   What percentage of the total time of this trip (time(1) + time(2)) was spent accelerating?

Directions: You are to write a C++ program that meets the instruction requirements below.

Deliverables:

·Your C++ source code file. (The file with the .CPP extension).No other files will be accepted.

• A screenshot of your program running.

Program Instructions:

Consider the following incomplete C++ program:

#include <iostream>

int main()

{

…

}

1.    Write a statement that includes the header files fstream, string, and iomanip in this program.

2.    Write statements that declare inFile to be an ifstream variable and outFile to be an ofstream variable.

3.    The program will read data from the file inData.txt and write output to the file outData.txt. Write statements to open both of these files, associate inFile with inData.txt, and associate outFile with outData.txt.

4.    Suppose that the file inData.txt contains the following data:

Giselle Robinson Accounting

5600 5 30

450 9

75 1.5

The first line contains a person’s first name, last name, and the department the person works in. In the second line, the first number represents the monthly gross salary, the bonus (as a percent), and the taxes (as a percent). The third line contains the distance traveled and the traveling time. The fourth line contains the number of coffee cups sold and the cost of each coffee cup. Write statements so that after the program executes, the contents of the file outData.txt are as shown below. If necessary, declare additional variables. Your statements should be general enough so that if the content of the input file changes and the program is run again (without editing and recompiling), it outputs the appropriate results.

Name: Giselle Robinson, Department: Accounting

Monthly Gross Salary: $5600.00, Monthly Bonus: 5.00%, Taxes: 30.00%

Paycheck: $4116.00

Distance Traveled: 450.00 miles, Traveling Time: 9.00 hours

Average Speed: 50.00 miles per hour

Number of Coffee Cups Sold: 75, Cost: $1.50 per cup

Sales Amount = $112.50

5.    Write statements that close the input and output files.

6.    Write a C++ program that tests the statements in parts a through e.

*** PLEASE SHOW HOW TO SOLVE IN EXCEL***

Case Problem 2:        Finding the Best Car Value

(Copy the worksheet named “FamilySedans” in QMB3200-Homework#10Data.xlsx into your file for this problem)

When trying to decide what car to buy, real value is not necessarily determined by how much you spend on the initial purchase. Instead, cars that are reliable and don’t cost much to own often represent the best values. But, no matter how reliable or inexpensive a car may cost to own, it must also perform well. To measure value, Consumer Reports developed a statistic referred to as a value score. The value score is based upon five-year owner costs, overall road-test scores, and predicted reliability ratings. Five-year owner costs are based on the expenses incurred in the first five years of ownership, including depreciation, fuel, maintenance and repairs, and so on. Using a national average of 12,000 miles per year, an average cost per mile driven is used as the measure of five-year owner costs. Road-test scores are the results of more than 50 tests and evaluations and are based upon a 100-point scale, with higher scores indicating better performance, comfort, convenience, and fuel economy. The highest road-test score obtained in the tests conducted by Consumer Reports was a 99 for a Lexus LS 460L. Predicted-reliability ratings (1 = Poor, 2 = Fair, 3 = Good, 4 = Very Good, and 5 = Excellent) are based on data from Consumer Reports’ Annual Auto Survey.

A car with a value score of 1.0 is considered to be “average-value.” A car with a value score of 2.0 is considered to be twice as good a value as a car with a value score of 1.0; a car with a value score of 0.5 is considered half as good as average; and so on. The data for 20 family sedans, including the price ($) of each car tested are contained in the worksheet “FamilySedans.”

Managerial Report

1. Develop numerical summaries of the data.
2. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the price of the car.
3. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the five-year owner costs (cost/mile).
4. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the road-test score.
5. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the predicted-reliability

What conclusions can you derive from your analysis?

From the following artical, prepare the answer for question no. 1

Bookkeeping educational qualifications have undergone an overhaul, following a review of existing Certificate IV qualifications.

The Department of Education and Training has announced a new Certificate IV in Accounting and Bookkeeping, superseding the Certificate IV in Bookkeeping and Certificate IV in Accounting.

The changes follow an extensive review by PwC Skills for Australia on behalf of the Financial Services Industry Reference Committee, endorsed by the Australian Industry and Skills Committee.

The bookkeeping industry has also been vocal on the state of education standards in recent times.

The new Certificate IV in Accounting and Bookkeeping removes duplication in the previous qualifications and now has eight core units and five elective units.

According to the review, several units of competency in the previous qualifications were identified as out of date, with skills gaps in understanding GST and processing payroll for bookkeeping.

In addition to the new Certificate IV, a new Diploma of Payroll Services has also been introduced, after the review found that existing payroll training was not sufficient for industry requirements.

“Despite payroll’s importance, only limited nationally recognised training is currently available. In addition, no nationally recognised payroll qualifications exist to provide learners with the suite of skills required for a payroll administrator or payroll manager,” the review stated.

Registered training organisations (RTOs) will be given 12 months to develop new resources to align training outcomes in line with the new requirements.

Institute of Certified Bookkeepers chief development officer, Rick Van Dyk, said the changes were welcomed and reflected the modernisation of the profession.

“The Certificate IV in place at the moment simply needed to be modernised and some of the learning outcomes of the current Cert IV needed to be reviewed so it would be more applicable to today’s requirements for a professional bookkeeper,” said Mr Van Dyk.

Having been involved in the consultation process, the ICB believes the new competency units, such as 'FNSACC416 Set up and operate a computerised accounting system' and 'BSBSMB412 Introduce cloud computing into business operations', will provide more contemporary training for bookkeepers.

"There is a unit of competency called ‘set up and operate a computerised accounting system’ – that was a core unit in the Cert IV of Accounting but was not a core for Cert IV in Bookkeeping, but that is very much a core function for bookkeeping,” said Mr Van Dyk.

“Also, in the previous Cert IV there was typically a couple of units where they would get their hands dirty in the software and that would be the payroll unit and the cash and accrual unit.

“Ninety per cent of the training organisations would use MYOB desktop software so the student goes through the whole Cert IV learning process using desktop software and not being educated on what are the options for the cloud,” he added.

“One of the skill sets a bookkeeper really needs is if they are dealing with a client who is using a desktop system, they have to do a business case on why that client is beneficial to switch to the cloud and in that unit it actually has what are the benefits to the business, what are the various options and costing.

“That unit is great because it develops their skill on creating awareness on what cloud solutions are out there, and talking to the business owner and developing a business case, and how to implement that.”

‘The only way is up’

The new chief executive of the Association of Accounting Technicians (AAT), Rochelle Park, was particularly pleased with the new Diploma of Payroll Services.

“If bookkeepers are wanting to expand, this certainly provides them with the confidence that they are recognised for their skills and knowledge,” Ms Park said.

“I think it’s also an indication of the continued maturity of our profession,” she added.

Ms Park noted the Fair Work Ombudsman has made it “very, very clear” that it won’t tolerate non-compliance with payroll obligations, and that inadequate education or ignorance is not a defence.

“Bookkeepers navigating the world of payroll services have never had this level of education available to them in a formalised format. It will very much help towards navigating a complex regulatory environment,” Ms Park said.

Question 1 - 9 marks (1,500 words)

The CEO has forwarded to you an interesting article and requires you to provide her with a deeper theoretical understanding of the issues discussed so that she can fully engage in the lively discourse at an upcoming conference.

You are required to find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after the 1st of January 2018. Your article could also come from one of the professional journals. The article should not come from an academic journal. Academic journals generally do not contain news articles or articles of less than one page and are usually only published 2 or 4 times a year. If you are having a problem ensuring that your article is from an appropriate source contact your subject coordinator.

You then need to explain the article that you have found in your own words and clearly relate the concepts, ideas and facts within the article to one or more of the theories or topics that you have studied this session. Support your analysis of the assumptions and implications of the topic or theory as appropriate with reference to sources in APA 6 style. For example, this article from the Sydney Morning Herald in April 2016 could be linked to the topics of accounting regulation and measurement (and perhaps others). You must provide a copy of the article or web page, with details of the source, date and page number with your answer.

Companies often develop and test hypotheses about their products. For example, car manufacturers will test their cars to determine fuel efficiency and miles per gallon. To ensure that products are safe and that they perform as advertised, regulatory and consumer protection groups also test companies’ claims.

For this Assignment, you are working at a firm that conducts independent testing for heavy industry. Recently, an automobile manufacturer has been in the news for complaints about the highway gas mileage of their latest model minivan. You receive a contract from a consumer action group to test and write a report on the company’s claim that its minivans get 28 miles per gallon on the highway. The car company agrees to allow you to select randomly 35 low-mileage fleet minivans to test their highway mileage. Your test results gave you the following data:

29.7     24.5     27.1     29.8     29.2     27.0     27.8     24.1     29.3

            25.9     26.2     24.5     32.8     26.8     27.8     24.0     23.6     29.2

            26.5     27.7     27.1     23.7     24.1     27.2     25.9     26.7     27.8                

            27.3     27.6     22.8     25.3     26.6     26.4     27.1     26.1

Complete the following and include your results and responses in your report (use alpha = 0.05):

• List the null and alternative hypotheses for the two-tail test for the mean. Calculate the observed value of the test statistic and the associated p-value. (75–150 words, or 1–2 paragraphs)
  • Is the observed test statistic in the critical region? Is the p-value higher or lower than your alpha? (75–150 words, or 1–2 paragraphs)
  • Note: Include your calculations. If your calculations are submitted separately, make note of where they can be found.
• List the null and alternative hypotheses for the one-tail test of the mean. Calculate the observed value of the test statistic and the associated p-value. (75–150 words, or 1–2 paragraphs)
  • Is the observed test statistic in the critical region? Will the p-value be higher or lower than your alpha? (75–150 words, or 1–2 paragraphs)
  • Note: Include your calculations. If your calculations are submitted separately, make note of where they can be found.

Conclusions

In your report, use the confidence interval information and the results of the hypothesis testing to provide support for your conclusions and recommendations to the company. Specifically:

Question 1. What conclusions did you reach? What did you learn about the situation by using each method? Did one method offer more conclusive proof than another? (150–225 words, or 2–3 paragraphs)

Question 2. Based on your results, do you support the company’s claim that their minivans get 28 miles per gallon? (75 words, or 1 paragraph)

Question 3. Summarize the details of your test methods and the results from each statistical method you used. Explain the findings so that executives from both the agency and the company can understand your conclusion. (150–225 words, or 2–3 paragraphs)

Question 4. Finally, present recommendations for actions that the company might take to use your findings to better serve their customers in the future. (75 words, or 1 paragraph)