Consider what you have learned about barriers to change - barriers may come from an organization, an individual, or from the research itself. When you think about implementing your EBP project, what barriers might you face? Organization? Individuals (immediate management, coworkers, etc.)? The research (is it unclear, difficult to apply to your current practice area, etc.)?

For the past several years, Jeff Horton has operated a part-time consulting business from his home. As of April 1, 2019, Jeff decided to move to rented quarters and to operate the business, which was to be known as Rosebud Consulting, on a full-time basis. Rosebud Consulting entered into the following transactions during April:

Record the following transactions on Page 2 of the journal:

At the end of April, the adjustment data were assembled. Analyze and use these data to complete requirements (5)

INSTRUCTIONS:
1. Journalize each transaction

2. Post to T-accounts/ four column accounts

3. Journalize and post the adjusting entries

4. Prepare an adjusted trial balance

Accounts in the Chart of Accounts for Rosebud Consulting Company: Cash, Accounts Receivable, Supplies, Prepaid Rent, Prepaid Insurance, Office Equipment, Accumulated Depreciation-Office Equipment, Accounts Payable, Salaries Payable, Service Revenue, Jeff Horton Capital, Jeff Horton Drawing, Unearned Revenue, Salary Expense, Supplies Expense, Rent Expense, Depreciation Expense, Insurance Expense, Advertising Expense, Utilities Expense, Telephone Expense

You are an eager and ambitious young graduate of the Reginal F. Lewis College of Business at Virginia State University with a new Accounting degree and a great life ahead of you. One of your closest friends is an inventor and an entrepreneur who wants to start a business selling a break-through new drywall screw that she has invented and that she believe works much better than the drywall screws currently on the market. She wants to start the business by opening a factory to produce the screws which can then be sold to either wholesalers or retailers who will then sell them to the general public. After searching all over creation for the right sized building in the perfect location to properly meet the needs of her target customers, she found that the ideal building in which to put up her factory was right here in Petersburg all along.                                            

To begin, she was able to purchase the building she needed outright for $550,000. Useful life of the building is 45 years and it is depreciated on a straight-line basis. Estimated salvage value is $100,000. Property taxes on the building each year are $4,000.   

There is a new machine that another fellow VSU grad has invented that takes the metal for the screws and molds them into their proper size and shape, and takes the plastic for the anchors and molds them into their proper size and shape; an assembly line is attached to the machine where workers put the screws and anchors into boxes. The finished product is a box of 32 drywall screws and their plastic anchors that work unlike any that have come before them. She purchased this machine outright for $100,000. The machine has a useful life of 20 years with no residual value and is depreciated on a straight-line basis. The machine can produce 32,000 boxes of screws and anchors per year. She is sure that she can sell every unit produced.   

It is determined that to produce the 32 screws in each box will require 112 ounces of metal which is the only material used to make the screws and to produce the 32 anchors in each box will take 48 ounces of plastic which is the only material used to make the anchors. The metal you need is produced by multiple suppliers and you've found one so far that will allow you to buy it at $1.25 per pound. The plastic used is also produced by multiple suppliers and you've found one so far that will allow you to buy it at $.25 per pound. It takes 15 minutes for the workers on the assembly line to box the screws and anchors because they are put in there in a way that prevents them from becoming disorderly. This is part of the quality aspect of the product. Assembly line workers are paid at a rate of $15.00 per hour.                                                                                                                                    

Your friend hired a Vice President (VP) who has a degree in Marketing from VSU. He did some market research and determined that in order to be competitive with your new product you are going to charge $17.00 per box of screws and anchors. The Vice President is paid $55,000 per year. She also hired a Chief Operating Officer who will be paid $55,000 per year. Your friend has also asked you to serve as a consultant to her company to make sure that the business gets off to a good start. Your fee has not yet been determined and is not part of this problem.

It can be assumed here that 1 unit is 1 box of screws and anchors.

Prepare a variable costing format income statement assuming that the company makes and sells the maximum possible number of units. If the income is negative, what is the reason?

Your friend asks you for advice on how to increase the company income. Give her at least two possible solutions to the problem.                                                     

Which solution did you recommend to your friend? Why did you choose this particular solution?

Prepare a memo addressed to your friend/client explaining your options and your recommendation. This memo should be no more than one page long.

What is the new break-even point after implementing your solution?                                                                      

What is the maximum income the company can make after implementing your solution? Is this enough profit to justify going into business? Why or why not?                                                                                                   

Prepare both an absorption costing income statement and a variable costing income statement to reflect your solution. State your assumptions about the number of units produced and the number sold.

You are an eager and ambitious young graduate of the Reginal F. Lewis College of Business at Virginia State University with a new Accounting degree and a great life ahead of you. One of your closest friends is an inventor and an entrepreneur who wants to start a business selling a break-through new drywall screw that he has invented and that he believes works much better than the drywall screws currently on the market. He wants to start the business by opening a factory to produce the screws which can then be sold to either wholesalers or retailers who will then sell them to the general public. After searching all over creation for the right sized building in the perfect location to properly meet the needs of his target customers, he found that the ideal building in which to put up his factory was right here in Petersburg all along.                                            

To begin, he was able to purchase the building he needed outright for $525,000. Useful life of the building is 40 years and it is depreciated on a straight-line basis. Estimated salvage value is $25,000. Property taxes on the building each year are $3,500.                                                                                                                                                                                                               

There is a new machine that another fellow VSU grad has invented that takes the metal for the screws and molds them into their proper size and shape, and takes the plastic for the anchors and molds them into their proper size and shape; an assembly line is attached to the machine where workers put the screws and anchors into boxes. The finished product is a box of 32 drywall screws and their plastic anchors that work unlike any that have come before them. He purchased this machine outright for $175,000. The machine has a useful life of 25 years with no residual value and is depreciated on a straight-line basis. The machine can produce 23,000 boxes of screws and anchors per year. He is sure that he can sell every unit produced.                                                                                                                                                                                                                                     

It is determined that to produce the 32 screws in each box will require 112 ounces of metal which is the only material used to make the screws and to produce the 32 anchors in each box will take 48 ounces of plastic which is the only material used to make the anchors. The metal you need is produced by multiple suppliers and you've found one so far that will allow you to buy it at $1.50 per pound. The plastic used is also produced by multiple suppliers and you've found one so far that will allow you to buy it at $.15 per pound. It takes 15 minutes for the workers on the assembly line to box the screws and anchors because they are put in there in a way that prevents them from becoming disorderly. This is part of the quality aspect of the product. Assembly line workers are paid at a rate of $17.00 per hour.                                                                                                                                    

Your friend hired a Vice President (VP) who has a degree in Marketing from VSU. She did some market research and determined that in order to be competitive with your new product you are going to charge $20.75 per box of screws and anchors. The Vice President is paid $58,000 per year. He also hired a Chief Operating Officer who will be paid $58,000 per year. Your friend has also asked you to serve as a consultant to his company to make sure that the business gets off to a good start. Your fee has not yet been determined and is not part of this problem.               

Questions

Prepare a variable costing format income statement assuming that the company makes and sells the maximum possible number of units. If the income is negative, what is the reason? Your friend asks you for advice on how to increase the company income. Give him at least two possible solutions to the problem.Which solution did you recommend to your friend? Why did you choose this particular solution?

Prepare a memo addressed to your friend/client explaining your options and your recommendation. This memo should be no more than one page long.               

What is the new break-even point after implementing your solution?

What is the maximum income the company can make after implementing your solution? Is this enough profit to justify going into business? Why or why not?                                                                                                     

Prepare both an absorption costing income statement and a variable costing income statement to reflect your solution. State your assumptions about the number of units produced and the number sold.     

You are an eager and ambitious young graduate of the Reginal F. Lewis College of Business at Virginia State University with a new Accounting degree and a great life ahead of you. One of your closest friends is an inventor and an entrepreneur who wants to start a business selling a break-through new drywall screw that he has invented and that he believes works much better than the drywall screws currently on the market. He wants to start the business by opening a factory to produce the screws which can then be sold to either wholesalers or retailers who will then sell them to the general public. After searching all over creation for the right sized building in the perfect location to properly meet the needs of his target customers, he found that the ideal building in which to put up his factory was right here in Petersburg all along.To begin, he was able to purchase the building he needed outright for $500,000. Useful life of the building is 40 years and it is depreciated on a straight-line basis. Estimated salvage value is $25,000. Property taxes on the building each year are $3,000.There is a new machine that another fellow VSU grad has invented that takes the metal for the screws and molds them into their proper size and shape, and takes the plastic for the anchors and molds them into their proper size and shape; an assembly line is attached to the machine where workers put the screws and anchors into boxes. The finished product is a box of 32 drywall screws and their plastic anchors that work unlike any that have come before them. He purchased this machine outright for $150,000. The machine has a useful life of 20 years with no residual value and is depreciated on a straight-line basis. The machine can produce 17,500 boxes of screws and anchors per year. He is sure that he can sell every unit produced.It is determined that to produce the 32 screws in each box will require 128 ounces of metal which is the only material used to make the screws and to produce the 32 anchors in each box will take 32 ounces of plastic which is the only material used to make the anchors. The metal you need is produced by multiple suppliers and you've found one so far that will allow you to buy it at $1.50 per pound. The plastic used is also produced by multiple suppliers and you've found one so far that will allow you to buy it at $.15 per pound. It takes 15 minutes for the workers on the assembly line to box the screws and anchors because they are put in there in a way that prevents them from becoming disorderly. This is part of the quality aspect of the product. Assembly line workers are paid at a rate of $20.00 per hour. Your friend hired a Vice President (VP) who has a degree in Marketing from VSU. She did some market research and determined that in order to be competitive with your new product you are going to charge $25.00 per box of screws and anchors. The Vice President is paid $57,500 per year. He also hired a Chief Operating Officer who will be paid $57,500 per year. Your friend has also asked you to serve as a consultant to his company to make sure that the business gets off to a good start. Your fee has not yet been determined and is not part of this problem.Prepare a variable costing format income statement assuming that the company makes and sells the maximum possible number of units. If the income is negative, what is the reason?Your friend asks you for advice on how to increase the company income. Give him at least two possible solutions to the problem. Which solution did you recommend to your friend? Why did you choose this particular solution?Prepare a memo addressed to your friend/client explaining your options and your recommendation. This memo should be no more than one page long. What is the new break-even point after implementing your solution? What is the maximum income the company can make after implementing your solution? Is this enough profit to justify going into business? Why or why not?Prepare both an absorption costing income statement and a variable costing income statement to reflect your solution. State your assumptions about the number of units produced and the number sold.    

Write a C program that calculates a worker’s wages from their hours worked and hourly rate. This wage calculator should also account for overtime hours, calculate amount to be witheld from taxes, and calculate the final net income. Required functionality: 1. Ask the user for the number of hours worked and hourly rate in dollars. The program should be able to accept decimal values for both of these (e.g. 3.2 hours, 11.25 dollars/hour) 2. Overtime hours are those worked in excess of 40 hours per week. Overtime hours are billed at 1.5 times the hourly rate. 3. The taxes to be withheld from the user’s net income should be calculated. The tax rate is 15%. 4. Final net income should be calculated as: net income = normal income + overtime income – taxes withheld where normal income is the amount earned on the first 40 hours of work and overtime income the amount earned on all hours over 40. 5. All information should be printed to the screen in a nicely formated manner and look very close to the following example

my calculations are wrong on this. can anyone help out?

Problem 1: Record the Journal Entry or Entries for the following transactions assuming a perpetual inventory system is used.

1. XYZ Corp. is a retailer and they purchase 10,000 books for $25,000 dollars on account from ABC Corp.

2. Assume the terms of the sale described in #1 are FOB shipping point, XYZ Corp. pays Just-In-Time Logistics $2,200 for shipping.

3. XYZ Corp. purchases 3,600 calculators for $130,000 dollars from ABC Corp. under the terms 2/10, n/30 on March 1, 20X5. On March 8, 20X5 XYZ Corp. paid ABC Corp. in full.

4. XYZ Corp. purchases 300 keyboards from ABC Corp. for $24,000 on account on October 5, 20X4. On October 17, 20X4 XYZ Corp. discovered that $800 of the calculators (from the purchase in #3) were defective and returned them to ABC Corp.

5. XYZ Corp. sells 500 pencil cases to ABC Corp. at a selling price of $12, the cases had an original cost of $8.

6. Assume that after the sale described in #5 ABC Corp. returned 25 pencil cases to XYZ Corp. Assume the cases are still like new and XYZ places them back into inventory.

7. On April 15, 20X4, XYZ Corp. sells 500 cases of staples to State University on account for $1,500 with the payment terms 2/10, n/30 and the staples had a cost of $925. State University pays XYZ Corp. in full on April 24, 20X4.

Name___________________________________

SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.

1. 1) The probability that an employee at a company eats lunch at the company cafeteria is 1) 0.32. The probability that an employee is female is 0.62. The probability than an
   employee eats lunch at the employee cafeteria and is female is 0.21. What is the
   probability that a randomly chosen employee either eats at the cafeteria or is female?

2. 2) In a recent article it was reported that 27.3% of all college students party during 2) weekdays, and 67% of these students plan on going to graduate school. What is the probability that a randomly-selected student party during weekdays and plans on
   going to graduate school?

3. 3) There are five men and four women working on a project. To handle one particular 3) aspect of the project, a subcommittee needs to be formed. In the interest of balance, it is decided that the subcommittee will consist of two men and two women. How many combinations of this subcommittee are possible?

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A student has access to professor evaluations. Overall, he has enjoyed 70% of all classes he has taken. He finds that of the courses he has enjoyed, 13% were taught by professors with poor evaluations. 84% of the courses he has taken were taught by professors with good evaluations.

4) What is the probability that the class was taught by a professor with good evaluations 4) and that the student enjoyed the class?

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a recent survey about US policy in Iraq, 62 % of the respondents said that they support US policy in Iraq. Females comprised 53% of the sample, and of the females, 46% supported US policy in Iraq. A person is selected at random.

5. 5) What is the probability that the person we select is female and supports U.S. policy in 5) Iraq?

6. 6) Are the events "does not support U.S, policy in Iraq" and "female" statistically 6) independent? Why or why not?

7. 7) Suppose we select a supporter of US policy in Iraq, what is the probability that the 7) person we select is female?

8. 8) Suppose we select a person who does not support US policy in Iraq, what is the 8) probability that the person is male?

1

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
James' Surfboard Shop makes surfboards by hand. The number of surfboards that James makes during a week depends on the wave conditions. James has estimated the following probabilities for surfboard production for the next week.

Number of Surfboards 5 6 7 8 9 10 Probability 0.13 0.22 0.31 0.17 0.13 0.04

Let A be the event that James produces more than seven surfboards. Let B be the event that James produces exactly six surfboards.

9. 9) What is the probability of event A? 9)

10. 10) What is the probability of the complement of A? 10)

11. 11) What is the probability of the intersection of events A and B ? Why? 11)

12. 12) Are events A and B collectively exhaustive? Why? 12)

13. 13) The probability that a new small business closes before the end of its first year is 42%. 13) In addition, 37% of all new businesses are started by women. The probability that a
    new business is either owned by a woman or goes out of business is 62%. Your sister
    starts a new business. What is the probability her business will still open at the end of

    the first year?

14. 14) In a survey of top executives, it was found that 17% had traveled internationally 14) on business. The probability of one of these executives fluently speaking a foreign
    language was found to be 10%. The probability that one of these executives neither
    spoke a foreign language nor had traveled internationally was 0.81. What is the

    probability that an executive who speaks a foreign language has traveled internationally?

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider a sample space defined by events A1, A2, B 1, B2. Let P (A1) = 0.40 , P (B 1 ! A1) = 0.60 and P (B 1 ! A2) = 0.70

15) What is P(A2)?
16) What is P(A1 "B1)? 17) What is P(A1 "B2)? 18) What is P(A2 "B1)?

15) 16) 17) 18)

Thanks, please show all work!

Suppose you are the CFO of Toyota and that you manufacture your cars in Japan and export the vehicles to the USA. Assuming your current profit per car is $1,000 and you sell 10,000 this year, please answer the following and show your computations:
   - From a profitability point of view, do you generally favor a strong or weak US Dollar versus the Japanese YEN? Why?
   - If the exchange rate is 1 US Dollar = 1.20 Japanese YEN, what is your profit this year in YEN?
   - If the YEN appreciates in value versus the Dollar, would profitability increase or decrease?

3. The table below shows the number of hybrid cars sold (in thousands) in the US in the following years.                                                          * Source: Wikipedia

1. Find an exponential regression equation for the data. Let x = 0 represent the year 2000. Round a to two decimal places, and round b to four decimal places.

2. Describe what a and b tell you from your equation above in the context of the problem. Be very specific.