The Transactional Records Access Clearinghouse at Syracuse University reported data showing the chance of an Internal Revenue Service (IRS) audit. The data in file IRSAudit.xlsx show the average adjusted gross income reported (in $ thousands) and the percent of the returns that were audited for 20 selected IRS districts.
| District | Adjusted Gross Income | Percent Audited |
| Los Angeles | 36.664 | 1.3 |
| Sacramento | 38.845 | 1.1 |
| Atlanta | 34.886 | 1.1 |
| Boise | 32.512 | 1.1 |
| Dallas | 34.531 | 1.0 |
| Providence | 35.995 | 1.0 |
| San Jose | 37.799 | 0.9 |
| Cheyenne | 33.876 | 0.9 |
| Fargo | 30.513 | 0.9 |
| New Orleans | 30.174 | 0.9 |
| Oklahoma City | 30.060 | 0.8 |
| Houston | 37.153 | 0.8 |
| Portland | 34.918 | 0.7 |
| Phoenix | 33.291 | 0.7 |
| Augusta | 31.504 | 0.7 |
| Albuquerque | 29.199 | 0.6 |
| Greensboro | 33.072 | 0.6 |
| Columbia | 30.859 | 0.5 |
| Nashville | 32.566 | 0.5 |
| Buffalo | 34.296 | 0.5 |
Hint: Enter “35000” into cell B22 in the IRSAudit worksheet. Then, follow the XLSTAT directions in part (b) but before clicking “OK,” click the “Prediction” tab and select cell B22 for “X / Explanatory variables: Quantitative.” You will find the 95% confidence interval at the bottom of the XLSTAT regression output under “Lower bound 95% (Mean)” and “Upper bound 95% (Mean).”
Hint: You will find the 95% prediction interval at the bottom of the XLSTAT regression output under “Lower bound 95% (Observation)” and “Upper bound 95% (Observation).”
Hint: Find SSR and SST in the Analysis of variance table in the XLSTAT regression output. You can check your calculation by locating “R2“ in the regression output.
In: Statistics and Probability
A local electronic company primarily manufactures four highly technical telecommunication products. Each product must be processed in the following departments: component preparation, circuit board fabrication, packaging, and testing. The time requirements in each department (in hours) for each unit produced and its unit profit are summarized in the following table:
|
Department Product |
Preparation |
Fabrication |
Packaging |
Testing |
Unit Profit |
|
A |
.5 |
3 |
1 |
.5 |
$450 |
|
D |
1.0 |
3 |
1 |
.5 |
$550 |
|
B |
1.5 |
1 |
2 |
1.0 |
$600 |
|
C |
1.5 |
2 |
.5 |
.5 |
$750 |
Time available per month in each department is 1,500 hours in the Component Preparation department, 2,350 hours in Fabrication, 1,400 hours in Packaging, and 1,200 hours in Testing, respectively. The minimum monthly production requirement for each product to meet the orders received for the coming month is 100 units for A, 300 units for B, and 250 units for D, respectively.
To maximize the profit for the coming month, find the optimal production plan for these four products for the coming month by answering the following questions.
In: Statistics and Probability
1. Given the following:
C(s) + 2H2(g) → CH4(g) ΔH= −74.6 kJ
C(s) + 2Cl2(g) → CCl4(g) ΔH= −95.7 kJ
H2(g) + Cl2(g) → 2HCl(g) ΔH= −184.6 kJ
Calculate the enthalpy of reaction for:
CH4(g) + 4Cl2(g) → CCl4(g) + 4HCl(g)
2. There was a lot of talk among football fans about "deflate-gate" last week (hopefully it's not still going on this week) where the New England Patriots grounds crew seem to have decreased the pressure in the team balls by around 2 PSI from the official value of 12 PSI. (These are Gauge pressures, meaning pressure above 1 atm.) A Physics prof from Boston U. suggested that it may not have been a nefarious plot, but simply a consequence of the fact that it's cold outdoors in Boston and they may have filled the balls indoors. See if this makes sense by calculating the change in pressure (assuming the football had constant volume) between 70 degrees F (nominal inside temperature) and 20 degrees F (a relatively balmy winter-time outside temperature in Boston) from the assumed starting point of 12 PSI.
The Fahrenheit to Celsius conversion is ºC = (ºF – 32)/1.8, there are 14.7 PSI in 1.0 atm, and the volume of a football is 4237 cm3 – though you may not even need that last one.
3. Imagine you were in the mountains and were desperate for a cup of coffee (or tea, if that's your thing) and the only source of heat you have is a butane cigarette lighter. Could you heat a cup of water at 25 ºC to near boiling with the full capacity of the lighter?
You'll have to make some assumptions about the amount of butane in the lighter and water in your cup, which you should identify; but FYI the density of liquid butane is about 0.6 g/mL, the MW is 58.12 g/mol, and the heat of combustion is -2623 kJ/mol (and of course, the density of water is 1.0 g/mL and the heat capacity is 4.18 J/ºC-g).
4.
In: Chemistry
|
Gerber Clothing Inc. has designed a rain suit for outdoor enthusiasts that is about to be introduced on the market. |
| A standard cost card has been prepared for the new suit, as follows: |
|
Standard Quantity or hours |
Standard price or Rate |
Standard Cost |
||||||
| Direct materials | 2.0 | metres | $ | 15 | per metre | $ | 30.00 | |
| Direct labour | 1.0 | hours | 35 | per hour | 35.00 | |||
| Manufacturing overhead (1/6 variable) | 1.0 | hours | 15 | per hour | 15.00 | |||
| Total standard cost per suit | $ | 80.00 | ||||||
| a. |
The only variable selling and administrative costs will be $5 per suit for shipping. Fixed selling and administrative costs will be as follows (per year): |
| Salaries | $ | 55,300 | |
| Advertising and other | 248,000 | ||
| Total | $ | 303,300 | |
| b. |
Since the company manufactures many products, it is felt that no more than 10,700 hours of labour time per year can be devoted to production of the new suits. |
| c. |
An investment of $570,000 will be necessary to carry inventories and accounts receivable and to purchase some new equipment. The company wants a 20% ROI in new product lines. |
| d. | Manufacturing overhead costs are allocated to products on the basis of direct labour-hours. |
| Required: | |
| 1. | Assume that the company uses the absorption approach to cost-plus pricing. |
| a. |
Compute the markup that the company needs on the rain suits to achieve a 20% ROI if it sells all of the suits it can produce using 10,700 hours of labour time. |
| b. |
Using the markup you have computed, prepare a price quote sheet for a single rain suit. (Round your answers to 2 decimal places.) |
| c-1. |
Assume that the company is able to sell all of the rain suits that it can produce. Prepare an income statement for the first year of activity. |
| c-2. |
Compute the company’s ROI for the year on the suits, using the ROI formula. (Do not round intermediate calculations.) |
| 2. |
Repeat requirements 1a and 1b above, assuming that the company uses the total variable costing approach to cost-plus pricing. (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
In: Accounting
You are to write a class named Rectangle. You must use separate
files for the header (Rectangle.h) and implementation
(Rectangle.cpp) just like you did for the Distance class lab and
Deck/Card program. You have been provided the declaration for a
class named Point. Assume this class has been implemented. You are
just using this class, NOT implementing it. We have also provided a
main function that will use the Point and Rectangle classes along
with the output of this main function. You must implement your
Rectangle class such that this main function will compile and
output exactly as in the example given. The Rectangle display
represents the 4 corner Points of the Rectangle. You may declare
any private data members and declare and implement any private
helper functions for the Rectangle class. You may not change or add
anything to the Point class.
Exact output needed:
p: (1,1)
r1:
(0,2)(5,2)
(0,0)(5,0)
r2:
(1,5.1)(4.2,5.1)
(1,1)(4.2,1)
r1:
(2,-1)(7,-1)
(2,-3)(7,-3)
Given:
**************************************Main.cpp**************************************
#include "Point.h"
#include "Rectangle.h"
#include <iostream>
using namespace std;
int main() {
Point p = Point(1.0, 1.0);
Point q;
Rectangle r1 = Rectangle(q, Point(5.0, 2.0));
Rectangle r2 = Rectangle(p, 3.2, 4.1);
cout << "p: "; p.display(); cout << endl;
cout << "r1:" << endl;
cout << r1;
cout << "r2:" << endl;
cout << r2;
cout << endl;
r1.move(2.0, -3.0);
cout << "r1:" << endl;
cout << r1;
cout << endl;
return 0;
}
**************************************Point.h**************************************
#ifndef __POINT_H__
#define __POINT_H__
class Point {
private:
double xCoord;
double yCoord;
public:
Point();
Point(double, double);
void display() const; // Display point as (x,y)
double getX() const; // Returns the x coordinate's value
double getY() const; // Returns the y coordinate's value
// Moves the Point dx units along the x axis and dy units along the
y axis
void move(double dx, double dy);
};
#endif
********************NEED: Rectangle.h and Rectangle.cpp file
In: Computer Science
Spiffy Shades Corporation manufactures artistic frames for sunglasses. Talia Demarest, controller, is responsible for preparing the company’s master budget. In compiling the budget data for 20x1, Demarest has learned that new automated production equipment will be installed on March 1. This will reduce the direct labor per frame from 1 hour to 0.75 hour.
Labor-related costs include pension contributions of $0.50 per hour, workers’ compensation insurance of $0.20 per hour, employee medical insurance of $0.80 per hour, and employer contributions to Social Security equal to 7 percent of direct-labor wages. The cost of employee benefits paid by the company on its employees is treated as a direct-labor cost. Spiffy Shades Corporation has a labor contract that calls for a wage increase to $18.00 per hour on April 1, 20x1. Management expects to have 16,000 frames on hand at December 31, 20x0, and has a policy of carrying an end-of-month inventory of 100 percent of the following month’s sales plus 50 percent of the second following month’s sales.
These and other data compiled by Demarest are summarized in the following table.
January February March April May
Direct-labor hours per unit 1.0 1.0 0.75 0.75 0.75
Wage per direct-labor hour $ 16.00 $ 16.00 $ 16.00 $ 18.00 $ 18.00
Estimated unit sales 10,000 12,000 8,000 9,000 9,000
Sales price per unit $ 50.00 $ 47.50 $ 47.50 $ 47.50 $ 47.50
Production overhead: Shipping and handling (per unit sold) $ 2.00 $ 2.00 $ 2.00 $ 2.00 $ 2.00
Purchasing, material handling, and inspection (per unit produced) $ 3.00 $ 3.00 $ 3.00 $ 3.00 $ 3.00
Other production overhead (per direct-labor hour) $ 7.00 $ 7.00 $ 7.00 $ 7.00 $ 7.00
Required: 1. Prepare a production budget and a direct-labor budget for Spiffy Shades Corporation by month and for the first quarter of 20x1. (Round "Direct-labor hours per unit" to 2 decimal places.)
In: Accounting
Modify the program 7-5 (pr7-5.cpp) on page 425 by performing the following:
1. Add an overloaded constructor that has a parameter for radius. Negative values should result in radius set to 1.0. (see example 7-6 page 427)
2. Add a member function calcCircumference() to compute and return the circle circumference (2 * 3.14 * radius).
3. In main() "circle1" should be instantiated with a value for radius.
// This program uses a constructor to initialize a member variable.
#include <iostream>
#include <cmath>
using namespace std;
// Circle class declaration
class Circle
{ private:
double radius;
public: // Member function prototypes
Circle();
void setRadius(double);
double calcArea();
};
// Circle member function implementation section
/********************************************
* Circle::Circle *
* This is the constructor. It initializes *
* the radius class member variable. *
********************************************/
Circle::Circle()
{ radius = 1.0;
}
/********************************************
* Circle::setRadius *
* This function validates the value passed *
* to it before assigning it to the radius *
* member variable. *
********************************************/
void Circle::setRadius(double r)
{ if (r >= 0.0)
radius = r;
// else leave it set to its previous value
}
/**********************************************
* Circle::calcArea *
* This function calculates and returns the *
* Circle object's area. It does not need any *
* parameters because it can directly access *
* the member variable radius. *
**********************************************/
double Circle::calcArea()
{ return 3.14 * pow(radius, 2);
}
/***************************************
* main *
* The main function creates and uses *
* 2 Circle objects. *
***************************************/
int main()
{
// Define a Circle object. Because the setRadius function
// is never called for it, it will keep the value set
// by the constructor.
Circle circle1;
// Define a second Circle object and set its radius to 2.5
Circle circle2;
circle2.setRadius(2.5);
// Get and display each circle's area
cout << "The area of circle1 is " << circle1.calcArea() << endl;
cout << "The area of circle2 is " << circle2.calcArea() << endl;
return 0;
}
4. In main() add two more output statements for showing the circumference of each of the circles (circle1 and circle2).
Example 7-6 on page 427 shows how to overload constructors.
Save and submit your file as pr7-5_Lab.cpp.
In: Computer Science
Develop a routine to convert Celcius
to Fahrenheit. Have a form pass the values and a parm indicating
what time of conversion is taking place. Use a function (if
possible). Return the correct value.
Here is the formula: C = (F - 32) * 5/9
hw8.html
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" />
<title>Untitled Document</title></head>
<body>
<p>Convert Temp</p>
<form id="form1" name="form1" method="get" action="hw8.php">
<table width="300" border="1">
<tr>
<td width="122">Enter Temp </td>
<td width="168"><label>
<input name="temp" type="text" id="temp" size="6" maxlength="8" />
</label></td>
</tr>
<tr>
<td>Convert to >>> </td>
<td><p>
<label></label>
<label>
<input name="type" type="radio" value="f" checked="checked" />
Fahrenheit</label>
<br />
<label>
<input type="radio" name="type" value="c" />
Celcius</label>
<br />
<br />
</p></td>
</tr>
<tr>
<td> </td>
<td><label>
<input type="submit" name="Submit" value="Submit" />
</label></td>
</tr>
</table>
</form>
<p><a href="index.htm">return</a></p>
</body>
</html>
hw8.php
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" /> <title>Untitled Document</title> </head> <body> <p>Temperature Conversion</p> <p> You converted Fahrenheit to 32 Celcius<br></p> <p><a href="hw8.html">return</a></p> </body> </html>
In: Computer Science
EDGAR, the Electronic Data Gathering, Analysis, and Retrieval
system, performs automated collection, validation, indexing, and
forwarding of submissions by companies and others who are required
by law to file forms with the U.S. Securities and Exchange
Commission (SEC). All publicly traded domestic companies use EDGAR
to make the majority of their filings. (Some foreign companies file
voluntarily.) Form 10-K, which includes the annual report, is
required to be filed on EDGAR. The SEC makes this information
available on the Internet.
Required:
1. Access EDGAR on the Internet. The web address
is www.sec.gov. Search for the most recent 10-K’s of Expedia, Inc.,
and Booking Holdings Inc. (which includes Priceline). Search or
scroll to find the revenue recognition note in the financial
statements.
2. For each of the following types of revenue, indicate whether the amount shown in the income statement is “net” or “gross” (the terms used with respect to revenue recognition in the chapter), and briefly explain your answer.
Expedia’s “merchant hotel model” revenues
Priceline’s “‘Name Your Own Price’ services”
Priceline’s “Merchant Retail Services”
3. Consider your responses to 3a through 3c. Does it look like there is the potential for noncomparability when readers consider Expedia and Priceline? Indicate “yes” or “no,” and briefly explain your answer.
In: Accounting
Please explain in detail the five different F&B service methods (table service, assisted service,self service , single point service, specialized service). Please write down your opinion: what are their advantages and disadvantages?
Task II.
Please write an essay about a function (dinner) in a hotel.
Details:
-100 guests
-champagne drink recepcion on arrival
-table service
-3 course meal (salad starter, main course: chicken with some sauce and grilled vegetables, dessert: créme brulée)
How many staff and what kind of staff members do you need from each department? (Restaurant, bar, kitchen) Please write down in detail each staff member’s role and job for the evening.
How would you set up the tables? What are the steps when you setting up the tables?
Task III.
Please write down how would you deal with following complain:
Guest comes to the reception desk, shouting at the Receptionist: „ Service is terrible in the restaurant, too slow. My steak was raw, didn’t finish my main course! We didn’t receive the desserts what we have ordered earlier! „
How would you deal with the situation?
In: Economics