After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.:

Journalize the four entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles.

Midlands Inc. had a bad year in 2019. For the first time in its history, it operated at a loss. The company’s income statement showed the following results from selling 79,000 units of product: net sales $1,580,000; total costs and expenses $1,637,040; and net loss $57,040. Costs and expenses consisted of the following.

Management is considering the following independent alternatives for 2020.

(a) Compute the break-even point in dollars for 2019. (Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answer to 0 decimal places, e.g. 2,510.)

(b) Compute the break-even point in dollars under each of the alternative courses of action for 2020. (Round contribution margin ratio to 3 decimal places e.g. 0.251 and final answers to 0 decimal places, e.g. 2,510.)

1. Increase selling price =

2. Change compensation =

3. Purchase machinery =

Which course of action do you recommend?

The data presented in worksheet 4 is the results of a 4-year study conducted to assess how age, weight, and gender influence the risk of diabetes. Risk is interpreted as the probability (times 100) that the patient will have diabetes over the next 4-year period.

a) What predictive model you suggest to relate risk of diabetes to the person’s age, weight and the gender. Why? b)Develop an estimated multiple regression model that relates risk of diabetes to the person’s age, weight, gender and life style. Present the regression formula as a mathematical equation. Interpret the coefficients of the regression and comment on the strength of the regression.

c) What is the risk percentage of diabetes over the next 4 years for a 52-year-old woman living in a small town with 80 kg weight?

The Dorset Corporation produces and sells a single product. The following data refer to the year just completed:

Beginning inventory 0 Units produced 32,700 Units sold 27,100 Selling price per unit $ 459 Selling and administrative expenses: Variable per unit $ 20 Fixed per year $ 406,500 Manufacturing costs: Direct materials cost per unit $ 298 Direct labor cost per unit $ 52 Variable manufacturing overhead cost per unit $ 30 Fixed manufacturing overhead per year $ 425,100 Assume that direct labor is a variable cost.

Required:

a. Compute the unit product cost under both the absorption costing and variable costing approaches.

b. Prepare an income statement for the year using absorption costing.

c. Prepare an income statement for the year using variable costing.

d. Reconcile the absorption costing and variable costing net operating income figures in (b) and (c) above.

In the year 4525, humans have evolved to live underwater. One of the evolved adaptations for underwater life is the secretion of a new protein, aquaslickin, from epithelial cells in the skin, which provides a slick coating over the body to help glide through the water. List the steps that lead up to the secretion of aquaslickin in epithelial cells, starting with the transcription of the gene for aquaslickin into mRNA in the nucleus, and ending with the exocytosis of secretory vesicles containing aquaslickin.

1. Company has determined that they can increase their profitability by $80,000 per year if they outsource the production of some parts used to build their most popular product. A significant amount of the cost savings will come from reduced labor force. This includes some long-term employees that served as quality-control inspectors. The parts being outsourced are difficult to manufacture and critical to the performance of the machine where they get installed. The inspectors were highly paid and very proficient at their job. The analysis assumes that space cleared as a result of this outsourcing will be rented to another company for storage. The vendor that would provide the parts has an excellent reputation for precision parts and has experienced dramatic growth in the last few years. They have not produced these particular parts before, but have committed to the price for at least 2 years. Assume the computational analysis was done correctly. List 2 non-quantitative considerations worth discussion before they commit to this outsourcing arrangement. Please list how you do the calculation.

The U.S. BoP statistic for the year 2008 shows unilateral transfers as a debit entry. This implies:

a. more transfers are made from the U.S. to individuals abroad.

b. more transfers are made to the U.S. from individuals abroad.

c. U.S. investors have earned a higher rate of return on foreign assets.

d. U.S. companies have invested in large number of foreign stocks.

e. the U.S. government has bought back some Treasury bonds.

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Required:

1-a. Compute the throughput time for each month.

1-b. Compute the delivery cycle time for each month.

1-c. Compute the manufacturing cycle efficiency (MCE) for each month.

2. Evaluate the company’s performance over the last four months.

3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE.

3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

(Round your answers to 1 decimal place.)

Evaluate the company’s performance over the last four months. (Indicate the effect of each trend by selecting "Favorable" or  "Unfavorable" or "None" for no effect (i.e., zero variance).

(Round your answers to 1 decimal place.)

Mr. Banks, a 63 year old male, was admitted to the local hospital for symptoms that included fluid-filled vesicles on one side of his chest and waist. They are all painful and very itchy. What is his likely diagnosis? What other clinical findings may suggest this diagnosis? Why is Mr. Banks experiencing this disease? Describe what a dermatome and dermatome map is and how they can be useful for Mr. Banks. Name 3 other clinical findings or procedures that a dermatome map can be useful for. Lastly, name and describe what pathways and dermatomes may be activated with Mr. Banks' clinical condition.,