Questions
Give two reasons why you may not want your landing page to be indexed. List two...

Give two reasons why you may not want your landing page to be indexed. List two other SEO strategies for landing pages you would you consider if you were optimizing your own website? Provide a detailed response of 350 words or more.

In: Operations Management

In what ways do children develop cognitively during the middle childhood years? Discuss incorporating the major...

In what ways do children develop cognitively during the middle childhood years? Discuss incorporating the major theoretical approaches, specific to the middle childhood years ( Piaget, Information Processing and Vygotsky). Also describe how psychologists assess children for learning disabilities.

IN 350-400 WORDS

In: Psychology

In what ways do children develop cognitively during the middle childhood years? Discuss incorporating the major...

In what ways do children develop cognitively during the middle childhood years? Discuss incorporating the major theoretical approaches, specific to the middle childhood years ( Piaget, Information Processing and Vygotsky). Also describe how psychologists assess children for learning disabilities.

IN 350-400 WORDS

In: Psychology

Analyze the exercise of judicial review. What is judicial review, what are its origins, and why...

Analyze the exercise of judicial review. What is judicial review, what are its origins, and why has it remained an unquestioned power of the courts for so long? Provide some examples of notable uses of judicial review in Supreme Court history.

  • Response length requirement: 350 words or more

In: Economics

A spring gun fires a bullet of mass m=.04 kg horizontally at a ballistic pendulum apparatus...

A spring gun fires a bullet of mass m=.04 kg horizontally at a ballistic pendulum apparatus with a mass M=.350. the bullet lodges itself into the pendulum. After collision, the center of mass of the bullet and pendulum rises by .07 meters. What is the approximate initial speed v of the bullet?

In: Physics

A 40.0 kg child swings in a swing supported by two chains, each 3.00 m long....

A 40.0 kg child swings in a swing supported by two chains, each 3.00 m long. The tension is each chain at the lowest point is 350 N. Find (a) the child's speed at the lowest point and (b) the force exerted by the seat on the child at the lowest point. (Ignore the mass of the seat.)

In: Physics

Select two data values from your raw data – one that is inside of the confidence...

Select two data values from your raw data – one that is inside of the confidence interval and one that is outside – one must be at the high end of the data and one at the low end – and construct two hypothesis tests, one for each value. One of the tests should be a “less than”, the other should be a “greater than”, depending on the value being tested. Use a 95% level of confidence.

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In: Statistics and Probability

The company sells a single product at a price of $60 per unit. The estimated sales...

The company sells a single product at a price of $60 per unit. The estimated sales volume for the next six months is as follows:

September October . . November December January . . February. .

13,000 units 12,000 units 14,000 units 20,000 units

9,000 units 10,000 units

All sales are on account. The company’s collection experience has been
that 32% of a month’s sales are collected in the month of sale, 64% are collected in the month following the sale, and 4% are uncollectible. It is expected that the net realizable value of accounts receivable (i.e., accounts receivable less allow- ance for uncollectible accounts) will be $499,200 on September 30, 2013. Management’s policy is to maintain ending finished goods inventory each month at a level equal to 40% of the next month’s budgeted sales. The fin- ished goods inventory on September 30, 2013, is expected to be 4,800 units. To make one unit of finished product, 5 pounds of materials are required. Management’s policy is to have enough materials on hand at the end of each month to equal 30% of the next month’s estimated usage. The raw materials inventory is expected to be 19,200 pounds on September 30, 2013.
The cost per pound of raw material is $4, and 70% of all purchases are paid for in the month of purchase; the remainder is paid in the following month. The accounts payable for raw material purchases is expected to be $75,960 on September 30, 2013.

Required:

  1. Prepare a sales budget in units and dollars, by month and in total, for the fourth quarter (October, November, and December) of 2013.

  2. Prepare a schedule of cash collections from sales, by month and in total, for the fourth quarter of 2013.

  3. Prepare a production budget in units, by month and in total, for the fourth quarter of 2013.

  4. Prepare a materials purchases budget in pounds, by month and in total, for the fourth quarter of 2013.

  5. Prepare a schedule of cash payments for materials, by month and in total, for the fourth quarter of 2013.

a.  Sales Budget Quarter Ended December 31, 2013
September October November December Total January February
Expected sales in units: 13,000 12,000 14,000 20,000
46,000
9,000 10,000
Selling price per unit: $60 $60 $60 $60 $60
Total Sales: $780,000 $720,000 $840,000 $1,200,000 $2,760,000
b.  Cash Collections from: Quarter Ended December 31, 2013
Sales % Collected October November December Total
September sales: $780,000 64% Collected $499,200 $499,200
October sales: $720,000 32% Collected 230,400 230,400
October sales: $720,000 32% Collected 460,800 460,800
November sales: $840,000 0% Collected 268,800 268,800
November sales: $840,000 0% Collected 537,600 537,600
December sales: $1,200,000 0% Collected 384,000 384,000
Total cash collections: $729,600 $729,600 $921,600 $2,380,800
c.  Production Budget Quarter Ended December 31, 2013
Finished Goods % Budgeted October November December Total January
Beginning Inventory: 4,800 5,600 8,000 4,800 3,600
Units to be produced: 12,800 16,400 15,600 44,800
9,400
Goods available for sale: 17,600 22,000 23,600 49,600 13,000
Desired ending inventory: 40% Budgeted 5,600 8,000 3,600 3,600 4,000
Quantity of goods sold: 12,000 14,000 20,000 46,000 9,000
d.  Materials Purchases Budget October November December Total January
Units to be produced: 12,800 16,400 15,600 44,800 9,400
Pounds required for each unit: 5
Total pounds used in production: 64,000 82,000 78,000
224,000
47,000
Quarter Ended December 31, 2013
Raw Materials % Budgeted October November December Total
Beginning Inventory: 19,200 24,600 23,400 19,200
Purchases of materials: 69,400 80,800 68,700 218,900
Materials available for use: 88,600 105,400 92,100 238,100
Desired ending inventory: 30% Budgeted 24,600 23,400 14,100 14,100
Total pounds used in production: 64,000 82,000 78,000 224,000
e.  Cash Payments for: October November December Total
Purchases of materials: 69,400 80,800 68,700 218,900
Cost per pound of raw material: $4.00
Total cost of raw material purchases: $277,600 $323,200 $192,360 $869,120
Quarter Ended December 31, 2013
Purchases % Paid October November December Total
September Net A/P: $75,960 $75,960
October purchases: $277,600 70% Paid 194,320 194,320
October purchases: $277,600 70% Paid 83,280 83,280
November purchases: $323,200 0% Paid 226,240 226,240
November purchases: $323,200 0% Paid 96,960 96,960
December purchases: $192,360 0% Paid 192,360 192,360
Total cash payments: $270,280 $309,520 $289,320 $869,120

This is the main question I'm having trouble with

Question

a

Assume that Freese, Inc. decided that because of strong economic conditions in general, a 10% increase in the
expected number of units to be sold each month was realistic.  Explain the effect, in general, on each of the budgets
presented of a 10% increase in the number of units sold.

b

Assuming that the number of units sold would not change, explain the effect on the budgets presented of a 5%
increase in the selling price of the product.  How does this price change effect differ from the sales volume
effect you described above?

c

The purchasing manager is evaluating an alternative supplier that would provide a slightly lower grade of raw
material at a savings from the current price of $4 per pound.  The new price would be at $3.50 per pound but
the product would now require six pounds of the lower grade of raw material to produce the same number of
good finished units as currently achieved.  Would you recommend the change to the new supplier?  What if the
new price was to be $3.00?  How about a price of $3.285307?  Explain your answers.

In: Accounting

Purchase-Related Transactions Using Periodic Inventory System The following selected transactions were completed by Niles Co. during...

Purchase-Related Transactions Using Periodic Inventory System

The following selected transactions were completed by Niles Co. during March of the current year:

Mar. 1. Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $650 was added to the invoice.
5. Purchased merchandise from Whitman Co., $19,175, terms FOB destination, n/30.
10. Paid Haas Co. for invoice of March 1.
13. Purchased merchandise from Jost Co., $15,550, terms FOB destination, 2/10, n/30.
14. Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13.
18. Purchased merchandise from Fairhurst Company, $13,560, terms FOB shipping point, n/eom.
18. Paid freight of $140 on March 18 purchase from Fairhurst Company.
19. Purchased merchandise from Bickle Co., $6,500, terms FOB destination, 2/10, n/30.
23. Paid Jost Co. for invoice of March 13 less debit memo of March 14.
29. Paid Bickle Co. for invoice of March 19.
31. Paid Fairhurst Company for invoice of March 18.
31. Paid Whitman Co. for invoice of March 5.

Required:

Journalize the entries to record the transactions of Niles Co. for March using the periodic inventory system. If an amount box does not require an entry, leave it blank.

Mar. 1 fill in the blank 2 fill in the blank 3
fill in the blank 5 fill in the blank 6
fill in the blank 8 fill in the blank 9
Mar. 5 fill in the blank 11 fill in the blank 12
fill in the blank 14 fill in the blank 15
Mar. 10 fill in the blank 17 fill in the blank 18
fill in the blank 20 fill in the blank 21
fill in the blank 23 fill in the blank 24
Mar. 13 fill in the blank 26 fill in the blank 27
fill in the blank 29 fill in the blank 30
Mar. 14 fill in the blank 32 fill in the blank 33
fill in the blank 35 fill in the blank 36
Mar. 18-purchase fill in the blank 38 fill in the blank 39
fill in the blank 41 fill in the blank 42
Mar. 18-freight fill in the blank 44 fill in the blank 45
fill in the blank 47 fill in the blank 48
Mar. 19 fill in the blank 50 fill in the blank 51
fill in the blank 53 fill in the blank 54
Mar. 23 fill in the blank 56 fill in the blank 57
fill in the blank 59 fill in the blank 60
fill in the blank 62 fill in the blank 63
Mar. 29 fill in the blank 65 fill in the blank 66
fill in the blank 68 fill in the blank 69
fill in the blank 71 fill in the blank 72
Mar. 31-Fairhurst fill in the blank 74 fill in the blank 75
fill in the blank 77 fill in the blank 78
Mar. 31-Whitman fill in the blank 80 fill in the blank 81
fill in the blank 83 fill in the blank 84

In: Accounting

Yes, the Max is grounded, but there will be a return to something more normal someday....

Yes, the Max is grounded, but there will be a return to something more normal someday. Assume we've reached that point!  


Here’s an excerpt from a recent issue of ATA SmartBrief: “Southwest Airlines and American Airlines are pleased with the early performance of their Boeing 737 Max 8 passenger jets. Southwest officials say the aircraft is performing as expected and is 14% more fuel-efficient than Boeing's 737-800s.” Not surprisingly, Boeing prices the B-737 Max 8 higher than the otherwise comparable B-737-800. Based on the following data, is the Max 8 a good financial choice instead of the 800 series aircraft? Just as in all real-world financial analyses, you will need to make some assumptions. Please present your net present value computations to support your recommendation.


B-737 Max 8 list price: $112.4 million


B-737-800 list price: $98.1 million


Note that airlines typically receive a substantial discount off list price averaging about 33%.


B-737-800 average hourly fuel consumption: 850 gallons per hour


You will need the current price of jet fuel. Find it with a Google search for “spot price of jet fuel.” You will see that the price varies somewhat by purchase location, but you may choose a representative price.


Average yearly flight hour utilization for both 737 models: 3,600 hours years


Typical useful lifetime in major airline service: 20 years


Assume the resale value (or opportunity cost) at the end of 20 years of service is ½ of the initial purchase price


In: Economics