Questions
Kingston Company produces precision components. Kingston has 2 customer groups. One group, with 4 large customers,...

Kingston Company produces precision components. Kingston has 2 customer groups. One group, with 4 large customers, accounts for 60 percent of the sales. The remaining group, consisting of 20 small customers, accounts for the rest of the sales. Data for Q1 2020 concerning Kingston's customer group activity follow:

Customer Group

Large Customers Group

Small Customers Group

Units purchased

300,000

200,000

Sales revenue

$1,800,000

$1,200,000

Manufacturing costs

$900,000

$600,000

Orders placed

12

420

Number of sales calls

20

230

Q1 indirect costs consist of order-filling costs of $360,000 and sales-force costs of $300,000.

Kingston defines Group Profit = Sales revenue – Manufacturing costs – indirect costs

Required:

  1. Allocate the indirect costs to the customer groups based on sales revenue. This represents a traditional allocation approach. Determine the group profit of each of the two groups of customers.
  2. Allocate the indirect costs to the customer groups using an activity-based costing approach. Order-filling costs should be allocated based on orders placed and sales force costs allocated based on number of sales calls. Determine the group profit of each of the two groups of customers.
  3. Briefly compare the results of the two alternatives. Which method of allocation provides a better assessment of actual performance?

In: Accounting

A rotating wheel obeys the equation theta(t)= 8.9t-14.0t^2+1.84t^4 where theta is in radians and t is...

A rotating wheel obeys the equation theta(t)= 8.9t-14.0t^2+1.84t^4 where theta is in radians and t is in seconds.

What is ω at t = 4.0 s? Use 'rad/s' for your units.

What is α at t = 4.0 s? Use 'rad/s^2' for your units.

What is the average angular velocity between t = 1.0 s and 2.0 s? Use 'rad/s' for your units.

What is the average angular acceleration between t = 1.0 s and 2.0 s? Use 'rad/s^2' for your units.

In: Physics

Kingston Company produces precision components. Kingston has 2 customer groups. One group, with 4 large customers,...

Kingston Company produces precision components. Kingston has 2 customer groups. One group, with 4 large customers, accounts for 60 percent of the sales. The remaining group, consisting of 20 small customers, accounts for the rest of the sales. Data for Q1 2020 concerning Kingston's customer group activity follow:

Customer Group

Large Customers Group

Small Customers Group

Units purchased

300,000

200,000

Sales revenue

$1,800,000

$1,200,000

Manufacturing costs

$900,000

$600,000

Orders placed

12

420

Number of sales calls

20

230

Q1 indirect costs consist of order-filling costs of $360,000 and sales-force costs of $300,000.

Kingston defines Group Profit = Sales revenue – Manufacturing costs – indirect costs

Required:

  1. Allocate the indirect costs to the customer groups based on sales revenue. This represents a traditional allocation approach. Determine the group profit of each of the two groups of customers.
  2. Allocate the indirect costs to the customer groups using an activity-based costing approach. Order-filling costs should be allocated based on orders placed and sales force costs allocated based on number of sales calls. Determine the group profit of each of the two groups of customers.
  3. Briefly compare the results of the two alternatives. Which method of allocation provides a better assessment of actual performance?

In: Accounting

Suppose P(A)=.5, P(B)=.4 and P(A and B)=.2 a. Find P(A or B). b. Find P (A...

Suppose P(A)=.5, P(B)=.4 and P(A and B)=.2

a. Find P(A or B).

b. Find P (A and Bc) B complement

c. Find P(A or Bc).

d. Find P(Ac or Bc)

In: Statistics and Probability

Linear Regression and Correlation. x y 2 10.16 3 2.19 4 3.12 5 -1.75 6 7.48...

Linear Regression and Correlation.

x y
2 10.16
3 2.19
4 3.12
5 -1.75
6 7.48
7 9.31

Compute the equation of the linear regression line in the form y = mx + b, where m is the slope and b is the intercept.
Use at least 3 decimal places.
y =__x +___
Compute the correlation coeficient for this data set. Use at least 3 decimal places.
r=  

Compute the P-value (Use H_A: slope ≠ 0 for the alterantive hypothesis.)
P-value =  

At the alpha = 0.01 significance level, is the correlation significant?

  • Yes, significant correlation
  • No

In: Statistics and Probability

Consider the complex trans-Mn(NH3)4(CN)2. What point group is this complex? What is the symmetry for each...

Consider the complex trans-Mn(NH3)4(CN)2. What point group is this complex?

What is the symmetry for each of the d orbitals?

Draw the expected d orbital splitting, and fill with electrons.

In units of Bohr magnetons, what is the electronic contribution to the magnetic susceptibility of this complex?

If we add 1 equivalent of cyanide to a solution of the above complex to replace a NH3 ligand with a CN- ligand, what mechanism should this ligand exchange follow?

What are the individual steps to this mechanism?

What is the ground state term symbol for the product?

What is the proper name of the product?

In: Chemistry

Problem 2: On June 30, Jamison Company issued $5,500,000 of 10-year, 4% bonds, for $4,450,000.  Present entries...

Problem 2: On June 30, Jamison Company issued $5,500,000 of 10-year, 4% bonds, for $4,450,000.  Present entries to record the following transactions.

(a)

Issuance of bonds.

(b)

Payment of first semiannual interest on December 31 and the amortization of the discount or premium.

Journal

Page XX

Date

Item

Debit

Credit

In: Finance

P23-8.   (SCF—Direct and Indirect Methods) (LO 2, 4) Comparative balance sheet accounts of Sharpe Company are...

P23-8.  

(SCF—Direct and Indirect Methods)

(LO 2, 4) Comparative balance sheet accounts of Sharpe Company are presented below.

SHARPE COMPANY

COMPARATIVE BALANCE SHEET ACCOUNTS

AS OF DECEMBER 31

Debit Balances

2017

2016

Cash

$?70,000

$?51,000

Accounts Receivable

155,000

130,000

Inventory

75,000

61,000

Debt investments (available-for-sale)

55,000

85,000

Equipment

70,000

48,000

Buildings

145,000

145,000

Land

??40,000

??25,000

Totals

$610,000

$545,000

Credit Balances

Allowance for Doubtful Accounts

$?10,000

$??8,000

Accumulated Depreciation—Equipment

21,000

14,000

Accumulated Depreciation—Buildings

37,000

28,000

Accounts Payable

66,000

60,000

Income Taxes Payable

12,000

10,000

Long-Term Notes Payable

62,000

70,000

Common Stock

310,000

260,000

Retained Earnings

??92,000

??95,000

Totals

$610,000

$545,000

Additional data:

1.Equipment that cost $10,000 and was 60% depreciated was sold in 2017.

2.Cash dividends were declared and paid during the year.

3.Common stock was issued in exchange for land.

4.Debt investments that cost $35,000 were sold during the year.

5.There were no write-offs of uncollectible accounts during the year.

Sharpe's 2017 income statement is as follows.

Sales revenue

$950,000

Less: Cost of goods sold

?600,000

Gross profit

?350,000

Less: Operating expenses (includes depreciation expense and bad debt expense)

?250,000

Income from operations

?100,000

Other revenues and expenses

Gain on sale of investments

$15,000?

Loss on sale of equipment

?(3,000)

??12,000

Income before taxes

?112,000

Income taxes

??45,000

Net income

$?67,000

Instructions

(a)  

Compute net cash provided by operating activities under the direct method.

(b)  

Prepare a statement of cash flows using the indirect method.

In: Accounting

Film Culture Report Directions: Need a 2-4 page report about an Asian film culture about movies...

Film Culture Report

Directions: Need a 2-4 page report about an Asian film culture about movies like Crazy Rich Asians, Parasite, Bad Genius, or others.

The report should be divided into the following sections:

Rationale and background: Explain why it is a film culture, and give some background information about it.

Media flow: Explain and discuss the significance of the flows into/out of this film culture.

Representations: Discuss common representations within this film culture.

Implications for soft power: How well has this film culture been used to create soft power?

Conclusion: Recap and offer a final thought.

References: The films you watched and books/articles that you mention in your report.

Very Urgent. Please help.

In: Psychology

Write down the truth table fora 4-to-2 priority encoderhaving input W[3:0]and with priority levels in the...

Write down the truth table fora 4-to-2 priority encoderhaving input W[3:0]and with priority levels in the decreasing order (i.e., W[0]-Highest, ....., W[3]-Least). Write down the Verilog code for implementing   the same.

plz asap fast

In: Computer Science