Assume Manchester University wants to make sure, its graduates would find jobs with the highest possible wage during the job search process, because this will help the university to increase its reputation, and as a result, it will be able to increase the tuition rates. How can the university increase the average wage level of their students get after they graduate, assuming it can no longer increase their skill level? I think question is clear there is no neeed extra explanation please feel free to answer question and you can mention about both productivity and equilibrium.
In: Economics
A local university wants to conduct a sample of 200 students out of 6000 students. We can assume that the university maintains a good roster of all registered students. (1) how would you select the 200 students(a) using simple random sample method and (b) systematic sampling method? (2) suppose that the university administration wants to make sure in particular students who major in music (a small department with only 8% of students major in music)be adequately included in your sample, how would you go about selecting a sample ?
In: Math
please do not answer by hand written
2. Going ON-LINE in a Hurry: You are working for the Crisis Management Team at a University XYZ. In light of the current events on campuses for the decisions that needed to be made in response to the pandemic, your team has been asked to develop a plan to convert the University of XYZ's classes on-line. Using your knowledge of systems engineering and co-ops, identify the Scope, Current situation, Justification for the Change, Proposed response, Operations
Scenarios, Impacts, and Analysis University XYZ needs to help develop a plan to convert classes on-line.
In: Operations Management
a) A university planner wants to determine the proportion of spring semester students who will attend summer school. She surveys 40 current students discovering that 15 will return for summer school.At 90% confidence, compute the margin of error for the estimation of this proportion.
b) A university planner wants to determine the proportion of spring semester students who will attend summer school. She surveys 36 current students discovering that 16 will return for summer school.At 90% confidence, compute the lower bound of the interval estimate for this proportion.
c) A university planner wants to determine the proportion of spring semester students who will attend summer school. Suppose the university would like a 0.90 probability that the sample proportion is within 0.101 or less of the population proportion.What is the smallest sample size to meet the required precision? (There is no estimation for the sample proportion.) (Enter an integer number.)
In: Statistics and Probability
The publisher Elsevier uses mixed-bundling pricing strategy. The
publisher sells a university access to a bundle of 930 of its
journals for $1.7million for one year. It also offers the journals
separately at individual prices. Because Elsevier offers the
journals online (with password access), universities can track how
often their students and faculty access journals and then cancel
those journals that they seldom read.
Suppose that a publisher offers a university only three journals –
A, B and C – at the unbundled, individual annual subscription
prices of pA = $1,600, pB = $800, and pC = $1,500. Suppose a
university’s willingness to pay for each of the journals is vA =
$2,000, vB = $1,100, and vC = $1,400.
a) If the publisher offers the journals only at the individual subscription prices, to which journals does the university subscribe?
b) Given these individual prices, what is the highest price that the university is willing to pay for the three journals bundled together?
c) Now suppose that the publisher offers the same deal to a second university with willingness to pay vA = $1,800, vB = $1,000, and vC = $2,100. With the two universities, calculate the revenue-maximizing individual bundle prices.
In: Economics
During 2020, Riverbed Company started a construction job with a contract price of $1,610,000. The job was completed in 2022. T
he following information is available. 2020 2021 2022
Costs incurred to date $383,800 $905,280 $1,063,000
Estimated costs to complete 626,200 198,720 –0–
Billings to date 302,000 896,000 1,610,000
Collections to date 271,000 817,000 1,419,000
Compute the amount of gross profit to be recognized each year,
assuming the percentage-of-completion method is used.
|
Gross profit recognized in 2020 |
$ |
|
|---|---|---|
|
Gross profit recognized in 2021 |
$ |
|
|
Gross profit recognized in 2022 |
$ |
Prepare all necessary journal entries for 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. For costs incurred use account Materials, Cash, Payables.)
|
(To record cost of construction.) |
|
(To record progress billings.) |
|
(To record collections.) |
|
(To recognize revenue.) |
Compute the amount of gross profit to be recognized each year,
assuming the completed-contract method is used.
Gross profit 2020? 2021? 2022?
In: Accounting
Tabor Company had the following account balances on January 1, 2020: Raw Materials Inventory $ 42,000 Work in Process Inventory $ 87,000 Finished Goods Inventory $ 93,000 During 2020, the following transactions took place: 1. Raw materials costing $75,000 were purchased on account. 2. Raw materials costing $96,000 were issued to the factory, of which $70,000 is considered to be direct material cost. 3. Total factor labor costs for the period were $150,000 of which $120,000 is considered to be direct labor cost. 4. The following other factory overhead costs were incurred: Factory utilities (paid in cash) $32,000; factory depreciation $64,000; and miscellaneous factory costs (incurred on account) $53,000. 5. Units costing a total of $250,000 were completed. 6. Units costing $240,000 were sold on account for $500,000.
INSTRUCTIONS: A. Complete a cost flow diagram (T-accounts attached) for 2020.
B. Prepare the journal entries to record ALL of the 2020 transactions listed above.
C. Prepare a manufacturing statement and a partial income statement.
In: Accounting
Problem 20-09 (Part Level Submission)
Sunland Co. has the following defined benefit pension plan
balances on January 1, 2020.
| Projected benefit obligation | $4,558,000 | |
| Fair value of plan assets | 4,558,000 |
The interest (settlement) rate applicable to the plan is 10%. On
January 1, 2021, the company amends its pension agreement so that
prior service costs of $595,000 are created. Other data related to
the pension plan are:
|
2020 |
2021 |
|||||
| Service cost | $151,000 | $172,000 | ||||
| Prior service cost amortization | 0 | 90,000 | ||||
| Contributions (funding) to the plan | 201,000 | 185,000 | ||||
| Benefits paid | 219,000 | 280,000 | ||||
| Actual return on plan assets | 251,000 | 348,000 | ||||
| Expected rate of return on assets | 6 | % | 8 | % | ||
a. prepare pension worksheet for the pension plan in 2020
| b. prepare any JE related to the pension plan that would be needed at december 31 2020 |
c. Prepare a pension worksheet for 2021 and any JE related to the pension plan as of December 31, 2021
d. indicate the pension-related amounts reported in the 2021 financial statements
In: Accounting
In July 2020, Worley Ltd calls for public subscriptions for 20 million shares. The issue price per share is $1.20, to be paid in three parts, these being $0.50 on application, $0.40 within one month of the shares being allotted and $0.30 within two months of the first and final call, with the call for final payment being payable on 1 September 2020. By the end of July, when applications close, applications have been received for 24 million shares; that is, 4 million in excess of the amount to be allotted. The shares are allotted on 1 August 2020. Regarding final call for $0.30 per share, it becomes apparent that the holder(s) of 200 000 shares have failed to pay the amount due. As a result, the directors of the company elect to forfeit the shares.
Worley Ltd reissues the shares on 1 October 2020 as fully paid for an amount of $1.00; that is, $0.20 below the original issue price. The costs involved in generating the sale of the shares amount to $5,000.
Required:
Provide the accounting entries to record the issue of Worley Ltd’s shares.
|
Date |
Description |
Debit |
Credit |
In: Accounting
Brady Construction Company contracted to build an apartment
complex for a price of $6,900,000. Construction began in 2018 and
was completed in 2020. The following is a series of independent
situations, numbered 1 through 6, involving differing costs for the
project. All costs are stated in thousands of dollars.
| Estimated Costs to Complete | ||||||||||||
|
Costs Incurred During Year |
(As of the End of the Year) |
|||||||||||
|
Situation |
2018 |
2019 |
2020 |
2018 |
2019 |
2020 |
||||||
| 1 | 1,690 | 2,700 | 1,470 | 4,170 | 1,470 | — | ||||||
| 2 | 1,690 | 1,470 | 3,160 | 4,170 | 3,160 | — | ||||||
| 3 | 1,690 | 2,700 | 3,120 | 4,170 | 3,020 | — | ||||||
| 4 | 690 | 3,190 | 1,380 | 4,830 | 970 | — | ||||||
| 5 | 690 | 3,190 | 2,630 | 4,830 | 3,020 | — | ||||||
| 6 | 690 | 3,190 | 3,700 | 6,455 | 3,410 | — | ||||||
Required:
Complete the following table. (Do not round intermediate
calculations. Enter answers in dollars. Round your final answers to
the nearest whole dollar. Negative amounts should be indicated by a
minus sign.)
Gross Profit (loss) Recogonized
Revenue Recogonized over time/Revenue Recogonized upon completed for situation 1-6 years 2018, 2019, 2020
In: Accounting