Questions
Discussion Topic 1 (Note: Briefly in your own words 1 paragraph minimum.) Depreciation: 1. What impact...

Discussion Topic 1 (Note: Briefly in your own words 1 paragraph minimum.)

Depreciation:

1. What impact do you think depreciation has on a construction company from a financial standpoint?  

2. Why do you think we need to depreciate some assets but not others?

In: Accounting

Topic - Construction: Structural, loads, tension 1.) Explain why pure tension members are the most efficient...

Topic - Construction: Structural, loads, tension

1.) Explain why pure tension members are the most efficient structural types for carrying building loads?

2.) How structural members behave when they are subjected to tension, compression, torsion, and bending forces in structures.

(Please include references, links, if used.)

In: Civil Engineering

Construction Toys Corp. is using a​ costs-of-quality approach to evaluate design engineering efforts for a new...

Construction Toys Corp. is using a​ costs-of-quality approach to evaluate design engineering efforts for a new toy robot. The​ company's senior managers expect the engineering work to reduce​ appraisal, internal​ failure, and external failure activities. The predicted reductions in activities over the​ two-year life of the toy robot follow. Also shown are the cost allocation rates for the activities.

LOADING...

​(Click on the icon to view the​ information.)Read the requirements

LOADING...

.

Requirement 1. Calculate the predicted quality cost savings from the design engineering work.

Predicted

Reduction in

Activity

Activity Costs

Inspection of incoming materials. . . . . . . .

Inspection of finished goods. . . . . . . . . . .

Number of defective units

discovered in-house. . . . . . . . . . . . .

Number of defective units

discovered by customers. . . . . . . .

Lost sales to dissatisfied customers. . . . .

Total predicted quality cost savings

DATA TABLE

Predicted

Activity Cost

Reduction in

Allocation Rate

Activity

Activity Units

per Unit

Inspection of incoming materials. . . . . . . . . . . . . . . . . .

310

$23

Inspection of finished goods. . . . . . . . . . . . . . . . . . . . .

310

$27

Number of defective units discovered in-house. . . . . . . . .

3,000

$19

Number of defective units discovered by customers. . . .

880

$42

Lost sales to dissatisfied customers. . . . . . . . . . . . . . .

260

$56

REQUIREMENT

1.

Calculate the predicted quality cost savings from the design engineering work.

2.

 The company spent

$ 65 comma 000$65,000

on design engineering for the new toy robot. What is the net benefit of this​ "preventive" quality​ activity?

3.

What major difficulty would management have had in implementing this​costs-of-quality approach? What alternative approach could it use to measure quality​ improvement

In: Accounting

Keller Construction is considering two new investments. Project E calls for the purchase of earth-moving equipment....

Keller Construction is considering two new investments. Project E calls for the purchase of earth-moving equipment. Project H represents the investment in a hydraulic lift. Keller wishes to use a NPV profile in comparing the projects. The investment and cash flow patterns are as follows: Use Appendix B.

Project E ($20,000 investment) Project H ($20,000 investment)

Year Cash Flow Year Cash Flow

1 $5,000 1 $16,000

2 6,000 2 5,000

3 7,000 3 4,000

4 10,000

a. Determine the NPV of the projects based on a zero discount rate.

NPV Project E $ ?

Project H $ ?

b. Determine the NPV of the projects based on a 9 percent discount rate. (Round "PV Factors" to 3 decimal places. Round the final answers to the nearest whole dollar.)

NPV Project E $ ?

Project H $ ?

d. If the two projects are not mutually exclusive, what would your acceptance or rejection decision be if the cost of capital (discount rate) is 10 percent? (Use the NPV profile for your decision; no actual numbers are necessary.)

Project E

Project H

Both H and E

e. If the two projects are mutually exclusive (the selection of one precludes the selection of the other), what would be your decision if the cost of capital is (1) 6 percent, (2) 13 percent, (3) 18 percent? Use the NPV profile for your answer.

6% cost of capital ( select E project, H project or do not select either project)

13% cost of capital ( select E project, H project or do not select either project)

18% cost of capital ( select E project, H project or do not select either project)

In: Finance

Question 1 Keyboarding or typing 100 words per minute can be thought of as a? Group...

Question 1

Keyboarding or typing 100 words per minute can be thought of as a?

Group of answer choices

A)competency

B)skill

C)aptitude

D)none of the above is correct





Question 2

Lacey studied at Florida Atlantic University (FAU) for her bachelor's in business administration (BBA). Along the way, she took several keyboarding courses and types over 130 words per minute.

In her coursework, she also studied hotel & resort operations as well as, specifically, an external course on the Best Use of ACME Property Management System.

In her post-graduation job at an upscale hotel, she is recognized by her HR Director and General Manager as having the best guest satisfaction rates among her peers for check in while SIMULTANEOUSLY having the fastest-processing time for a new guest checking in of anyone in the hotel.

We can now say that Lacey has an ______________ for her position.

Group of answer choices

A)aptitude or ability

B)skill

C)master competency

D)ability to lead







Question 3

Our guest power point presentation from the Career Source Palm Beach County gives applicable information to everyone around the world. It stated that during this pandemic, you should be:





A)polishing up your resume

B)joining professional networks

C)perfecting your social media presence

D)the presentation suggested that you do ALL of the above

E)No answer text provided.







Question 4

According to our professionals, one should HAVE a photo on their resume, but NOT have a photo on their Linked In profile.



A)True

B)False







Question 5

What is the name for the process of getting things done effectively and efficiently through and with other people?



A) leadership

B)supervision

C)effectiveness

D) management



Question 6

Management competencies include all of the following except?



A)interpersonal

B)technical

C)perceptual

D)conceptual





Question 7

The ability to influence others to act in a particular way through direction, encouragement, sensitivity, consideration, and support is called?



A)management

B)leadership

C)emotional labor

D) the Peter Approach





Question 8

What do employers seek when they are looking for "groupings" of collective skills and knowledge?

A) top talent known as "superstars"

B) management competencies

C) hospitality-specific categorical classifications

D)none of the above is correct



Question 9

Some traits of successful individuals in our industry, as mentioned by Aimee Mangold of KOLTER Hospitality included: drive, intelligence, self-confidence, the desire to influence others, relevant knowledge, and honesty/moral character. Unfortunately, these same traits do not apply to other fields outside of the hospitality and tourism industry to any great extent.



A)True

B)False





Question 10

The flow of information and ideas from one person to another involving a sender, method of transmitting the idea or content, and receiver is best known as interpersonal ability.



A) True

B) False

In: Operations Management

Chapter 21 Discussion Case Rene Alverez knew she was in over her head soon after she...

Chapter 21 Discussion Case

Rene Alverez knew she was in over her head soon after she took the job. Even so, the opportunity for promotion comes along rarely and she believed that she would grow into it. Ms. Alverez is the cost accounting specialist assigned to the finishing department of Standard Tool Company. Bill Sawyer, the manager of the finishing department, knows exactly what he is doing. In each of the three years he has managed the department, the cost per unit of product transsferred out of his Work in Process Inventory account has declined. His ability to control cost if highly valued, and it is widely believed that he will be the successor to the plant manager, who is being promoted to manufacturing vice president. One more good year would surely seal the deal for Mr. Sawyer. It was little wonder that Ms. Alverez was uncomfortable in challenging Mr, Sawyer’s estimate of the percentage of completion of the department’s ending inventory. He contended that the inventory was 60 percent complete, but she believed that it was only about 40 percent complete. After a brief altercation, Ms. Alverez agreed to sign off on Mr. Sawyer’s estimate. The truth was that she believed she was right, but she did not know how to support her position. Besides, Mr. Sawyer was about to be named the plant manager, and she felt it unwise to challenge such an important person. The department had beginning inventory of 5,500 unit of product and it started 94,500 units during the period. It transferred out 90,000 units during the period. Total transferred-in and
production cost for the period was $902,400. This amount included the cost in beginning inventory plus additional cost incurred during the period. The target (standard) cost per unit is $9.45.

Required:
a. Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 40 percent complete.

b. Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 60 percent complete.

c. Comment on Mr. Sawyer’s motives for establishing the percentage of completion at 60 percent rather than 40 percent.

d. Assuming that Ms. Alverez is a certified management accountant, would informing the chief accountant of her dispute with Mr. Sawyer violate the confidentiality standards of ethical professional practice? (IMA Statement of Ethical Professional Practice)

e. Did Ms. Alverez violate any of the standards of ethical professional practice? (IMA
Statement of Ethical Professional Practice)

In: Accounting

During 2018, the COYOTE Company spent $4,000,000 for various construction projects which are qualified for capitalization of interest.

During 2018, the COYOTE Company spent $4,000,000 for various construction projects which are qualified for capitalization of interest. The total expenditures of $4,000,000 were made as follows: $1,000,000 on 1/1/2018, $2,000,000 on 4/1/2018, and $1,000,000 on 10/1/2018. The company had the following debts outstanding as of December 31, 2018:

1. 6%, 5-year note to finance construction of various assets, dated January 1, 2017, with interest payable annually on each January 1. $1,500,000

2. 8%, 15-year bonds issued at par on December 31, 2015, with interest payable annually on each December 31 $2,000,000

3. 10%, 10-year note payable, dated January 1, 2017, with interest payable annually on each January 1 $4,000,000

Instructions:

Prepare the journal entries for the asset qualifying for capitalization of interest, interest expense, and interest payment on December 31, 2018.

In: Accounting

URGENT!!! Can you please solve this example in 50 minutes. The variance for duration of a...

URGENT!!!
Can you please solve this example in 50 minutes.

The variance for duration of a telephone conversation is 1.6 minutes2. From the records about telephone conversations, the average duration of conversations should be examined on the basis of a random sample of 10 conversations. Average in sample was 2 minutes. Determine the limits for which can be expected to cover the average duration of the conversation. The first type error is 1%.

a)    In this example we should estimate:

a.     Confidence interval for population total

b.    Confidence interval for mean, known population variance

c.     Confidence interval for standard deviation, small sample

d.    Confidence interval for mean, unknown population variance, small sample

b)    For confidence interval construction, theoretical value according to appropriate theoretical probability distribution is _______.

c)    Standard error (or estimation for standard error) for confidence interval construction is ­­­­­­_________.

d)    Lower limit for confidence interval is ________ minutes.

e)    Upper limit for confidence interval is ________ minutes.

In: Statistics and Probability

On December 31, 2019, Sarasota Inc. borrowed $3,960,000 at 13% payable annually to finance the construction...

On December 31, 2019, Sarasota Inc. borrowed $3,960,000 at 13% payable annually to finance the construction of a new building. In 2020, the company made the following expenditures related to this building: March 1, $475,200; June 1, $792,000; July 1, $1,980,000; December 1, $1,980,000. The building was completed in February 2021. Additional information is provided as follows.

1. Other debt outstanding
10-year, 14% bond, December 31, 2013, interest payable annually $5,280,000
6-year, 11% note, dated December 31, 2017, interest payable annually $2,112,000
2. March 1, 2020, expenditure included land costs of $198,000
3. Interest revenue earned in 2020 $64,680

(a)

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is incorrect.

Determine the amount of interest to be capitalized in 2020 in relation to the construction of the building.

The amount of interest

$

In: Accounting

Felix Corp. is evaluating a contract to determine proper revenue recognition. The contract is for construction...

Felix Corp. is evaluating a contract to determine proper revenue recognition. The contract is for construction of 10 yachts for a total price of $10,000,000. The customer needs the boats in its showrooms by March 1, 2018, for the yacht purchase season; the customer will provide a bonus payment of $100,000 if all yachts are delivered by the March 1 deadline. The bonus is reduced by $25,000 each week that the boats are delivered after the deadline until no bonus is paid if the boats are delivered after March 22, 2018. Felix frequently includes such bonus terms in it contracts and thus has good historical data for estimating the probabilities of completion at different dates. It estimates an equal probability (25%) for each full delivery outcome.

A. How should Felix determine the transaction price under FASB ASC 606 for this contract?

B. Assume that Felix has limited experience with a construction project on the same scale as the 10 yachts. How should Felix determine the transaction price for this contract?

In: Accounting