In manufacturing its products for the month of September 2007, Gamma Company incurred normal spoilage of $7,000 and abnormal spoilage of $3,000. How much spoilage cost should Gamma charge as inventoriable for the month of September 2000?

How much spoilage cost should Gamma charge as inventoriable for the month of September 2000?

Gamma Company had the following production for the month of June: Units Work in process, June 1 6,000 Started during June 24,000 Completed and transferred to finished goods 18,000 Abnormal spoilage incurred 3,000 Work in process, June 30 9,000 Materials are added at the beginning of the process. As to conversion cost, work in process was 20% complete at the beginning and 70% complete at the end of the month. Spoilage is detected at the end of the process.

a. Using the weighted-average method, the equivalent units for June, with respect to conversion cost, were

b.Assume the manufacturing cost of the spoiled goods is $6,000. The journal entry to record the spoilage is

c. Using the first-in, first out (FIFO) method, the equivalent units for June, with respect to conversion cost, were

I REALLY JUST NEED TO KNOW THE TOTAL SHIPPING COST AND THE SHIPPING PATTERN!

House Beer has three breweries in Portland, New York and Scranton. The cases of beer are sent to warehouses in Boston and Atlantic City and then shipped to the distribution centers in Pittsburgh, Cincinnati, and Atlanta. The shipping cost per case from each brewery to each warehouse and the supply and demand are given below. (15 points)

Warehouse

                                                                    Distribution Center

      a.   Draw the network diagram for this problem.

      b.   Using Excel solve the above problem and give the optimal solution.

      Write your optimum shipping pattern and the total shipping cost below.

Total Cost =                           

Your shipping pattern:

For the following four questions please use the following table and information. Assume that the CPI base year is 1990 and also assume that the CPI market basket has .04 houses, .1 cars, and 1,500 gallons of gasoline. Please use 1 decimal place in your answers.

1- What is the value of the CPI in 1990?

2-What is the value of the CPI in 2020?

3-What is the value of the core CPI in 2020? Hint: what of this market basket would be excluded and what would be included?

4- Say that you wanted to compute the market basket in each of 1990, 2000, 2010, 2019, and 2020. when you compare your calculations, what is kept constant over these years?

a) the prices of goods

b) the number of goods in the market basket

c) nothing

Explain the possible correclation where both perpetrators and victims of violent crimes are likely to have consumed alcohol prior to certain aggressive acts, such as rape, assault, domestic violence, and murder (Collins and Messerschmidt 1993; Arseneault et al.2000; Cunradi et al. 1999; Scott et al. 1999).

ARSENEAULT, L.; MOFFITT, T.E.; CASPI, A.; TAYLOR, P.J.; AND SILVA, P.A. Mental disorders and violence in a total birth cohort: Results from the Dunedin Study. Archives of General Psychiatry 57:979–986, 2000.

COLLINS, J.J., AND MESSERSCHMIDT, M.A. Epidemiology of alcohol-related violence. Alcohol Health & Research World 17:93–100, 1993.

CUNRADI, C.B.; CAETANO, R.; CLARK, C.L.; AND SCHAFER, J. Alcohol-related problems and inti mate partner violence among white, black, and Hispanic couples in the U.S. Alcoholism: Clinical and Experimental Research 23:1492–1501, 1999.

SCOTT, K.D.; SCHAFER, J.; AND GREENFIELD, T.K. The role of alcohol in physical assault perpetration and victimization. Journal of Studies on Alcohol 60:528–536, 1999.

Dade Industries makes syringes. The demand for the next four quarters and the cost data are given below. Each employee can produce 100 syringes per quarter. Because of union contract no overtime is permissible. The current work force is 18 workers.

Hiring costs = $1000/ worker; Layoff costs = $ 700/worker;

Regular time wages = $10000/worker/quarter;

Inventory holding costs = $2.00/unit/quarter

1. For a level strategy in this manufacturing example:

1. Which decision variable is maintained constant in the planning horizon? What factor varies?

2. What information helps you decide the production rate needed?

3. What is the production rate?

4. Calculate the workers needed (round up to a full worker).

5. Calculate the anticipation inventory.

2. Calculate the cost of the above strategy.

Audit Sampling and Accounts Receivable

Question 1 KPMG was the auditor for Xerox Corporation between 1997 and 2000. During this time, approximately $6 billion of revenue was improperly classified and earnings were overstated by approximately $2 billion. When the fraudulent conduct was exposed, Xerox restated its financial statements and replaced KPMG as its auditor. KPMG paid $22.5 million to settle a lawsuit against the firm by regulators.

Research this accounting fraud on the Internet for further details on what occurred.

Required: Suppose that you are part of Xerox Corporation’s audit team hired to complete 1997 to 2000 financial statement audits.

Do the following:

b) Discuss one procedure that the auditors (that is, you) could have performed that would have identified the fraud. Provide a valid procedure that the auditors could have performed that would have identified the fraud. Explain the procedure and it must be clear about the following:

• what to test
• how to do the test
• why to do the test
• what relevant documents will be included in the test
• why the procedure makes sense in terms of identifying the fraud in the case

Use HTML, CSS, jQuery and Bootstrap to do the following:

1. Add four buttons "Start", "Stop", "Back", "Reset". <button type="button">

2. Add "glyphicon-shopping-cart" to <div id="sc" style="font-size: 100px; color: blue; ">.
Use CSS in embeded style to set
<style type="text/css">
    #sc{

border-style: dotted; /* Required to animate border width */
border-color: red;
border-width: 0;
}
</style>

3. <script>

- "Start", call "animate()" function to move it to right by 300px for
each click, speed is 2000. left: "+=300px". Hint: chaining
call animate({borderBottomWidth: "0px"},500)
in css, border-bottom-with:

- "Stop", call "stop()" function stop movement, show bottom border color
in red. Hint: use "Chaining" to call stop() and
animate({borderBottomWidth: "10px"},500)

- "Back", call "animate()" function to move it to left by 300px for
each click, speed is 2000.

- "Reset", call "animate()" function to the begining positon. left: "0".
"Chaining" call.

Glencor is evaluating four average-risk projects with the following costs and rates of return: Project Cost (R) Expected Rate of Return

The company estimates that it can issue debt at a rate of rd =10%, and its tax rate is 30%. It can issue preferred shares that pays a constant dividend of R5.00 per year at R49.00 per share. Also, its common shares currently sell for R36.00 per share; the next expected dividend, D1, is R3.50; and the dividend is expected to grow at a constant rate of 6% per year. The target capital structure consists of 75% common shares, 15% debt, and 10% preferred shares.
Required:
6.1 What is the cost of each of the capital components? (3)
6.2 What is Adams’s WACC? (4)
6.3 Only projects with expected returns that exceed WACC will be accepted. Which projects should Adams accept? (3)

Project management

Expediting a Project

Consider the project shown above.

a)Draw the network diagram and find the critical path, time and cost for an all-normal level of project activity.

b)Calculate the crash cost-per-week assuming that all activities may be partially crashed.

c)Which tasks should be crashed to do the project in 21 weeks? What is the project cost?

d)Calculate the shortest delivery time for the project. What is the cost?