Problem 3:

Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:

The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:

Required:

Compute the activity rate for each of the activity cost pools.

4. What are the three major types of product costs in a manufacturing company?

5. A company manufactures dressers and uses $100 worth of wood in each dresser. How would you classify the wood with respect to the following cost classifications?

Is the wood a product cost or period cost?

Is the wood a fixed cost or variable cost?

Is the wood a material cost or manufacturing overhead cost?

6. What is the main purpose for using managerial accounting in a business?

7. The company president makes $100,000 per year. You are the accountant and must determine how to properly classify the salary. How would you classify the salary with regard to the following cost classifications?

Is the salary a fixed or variable cost?

Is the salary a period or product cost?

Is the salary a direct labor cost or selling & administrative cost

Problem 3:

Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to travel to customers, and the number of customers. In addition, the costs of maintaining garden beds depends on whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below:

The company already has completed its first stage allocations of costs and has summarized its annual costs and activity as follows:

Required:

Compute the activity rate for each of the activity cost pools.

4. What are the three major types of product costs in a manufacturing company?

5. A company manufactures dressers and uses $100 worth of wood in each dresser. How would you classify the wood with respect to the following cost classifications?

Is the wood a product cost or period cost?

Is the wood a fixed cost or variable cost?

Is the wood a material cost or manufacturing overhead cost?

6. What is the main purpose for using managerial accounting in a business?

7. The company president makes $100,000 per year. You are the accountant and must determine how to properly classify the salary. How would you classify the salary with regard to the following cost classifications?

Is the salary a fixed or variable cost?

Is the salary a period or product cost?

Is the salary a direct labor cost or selling & administrative cost?

Bardi Trucking Co., located in Cleveland, Ohio, makes deliveries in the Great Lakes region, the Southeast, and the Northeast. Jim Bardi, the president, is studying the relationship between the distance a shipment must travel and the length of time, in days, it takes the shipment to arrive at its destination. To investigate, Mr. Bardi selected a random sample of 20 shipments made last month. Shipping distance is the independent variable and shipping time is the dependent variable. The results are as follows:

1. b-1. Fill in the blanks. (Round your answers to 3 decimal places. Negative values should be indicated by minus sign.)

1. b-2. State the decision rule for 0.10 significance level: H₀: ρ ≤ 0; H₁: ρ > 0. (Round your answer to 3 decimal places.)

1. b-3. Compute the value of the test statistic. (Negative value should be indicated by a minus sign. Round your answer to 3 decimal places.)

Value of the test statistic1.534. selected answer correct

1. b-4. Can we conclude that there is a positive correlation between distance and time? Use the 0.10 significance level.

1. c-1. Determine the coefficient of determination. (Round your answer to 3 decimal places.)

1. c-2. Fill in the blank below. (Round your answer to 1 decimal place.)

4. Determine the standard error of estimate. (Round your answer to 3 decimal places.)

I want the answer from 1 c-1

Do heavier cars really use more gasoline? Suppose a car is chosen at random. Let x be the weight of the car (in hundreds of pounds), and let y be the miles per gallon (mpg).

Complete parts (a) through (e), given Σx = 300, Σy = 172, Σx² = 12,028, Σy² = 4038, Σxy = 5996, and

r ≈ −0.883.

(a) Draw a scatter diagram displaying the data.

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• After you add an object to the graph you can use Graph Layers to view and edit its properties.

(b) Verify the given sums Σx, Σy, Σx², Σy², Σxy, and the value of the sample correlation coefficient r. (Round your value for r to three decimal places.)

(c) Find x, and y. Then find the equation of the least-squares line  = a + bx. (Round your answers for x and y to two decimal places. Round your answers for a and b to three decimal places.)

(d) Graph the least-squares line. Be sure to plot the point (x, y) as a point on the line.

(e) Find the value of the coefficient of determination r². What percentage of the variation in y can be explained by the corresponding variation in x and the least-squares line? What percentage is unexplained? (Round your answer for r² to three decimal places. Round your answers for the percentages to one decimal place.)

(f) Suppose a car weighs x = 41 (hundred pounds). What does the least-squares line forecast for y = miles per gallon? (Round your answer to two decimal places.)
16 mpg

46. Several years ago, students from the FSC Aviation Department traveled to Elmira-Corning Regional Airport (ELM) to participate in the airport's Air Service Development (ASD) Project. While at ELM, the students stayed at a local hotel and ate at local restaurants. What type of economic impact is this?

1. Direct
2. Indirect
3. Redacted
4. Trickle down

47 According to the FAA General Aviation Airport: A National Asset Report (ASSET I) Appendix B,- Farmingdale's Republic Airport is classified as a/an_________ airport

1. Basic
2. Local
3. Natio.nal
4. Non-primary commercial service airport
5. Regional

48 Which of the following airlines are not governed by the Railway Labor Act of 1926

1. American Airlines
2. Delta Airlines
3. Federal Express
4. Flying Tiger
5. United Parcel Service (UPS) (page 226)

49 According to Joseph A. McCartin, author of Collison Course; Ronald Reagan, The Air Traffic Controllers, and the Strike that Changed America, the union that represented air traffic controllers during the strike of 1981 was

1. American Air Traffic Controllers Trade Union (AATCTU)
2. National Air Traffic Controllers Association (NATCA)
3. Professional Air Traffic Controllers Organization (PATCO)
4. United Air Traffic Professions (UATP)

50 Which of the following legislative acts forever changed the relationship between labor unions and airline management?

1. Airline Deregulation Act of 1978
2. Civil Aeronautics Act of 1938
3. Department of Transportation Act of 1966
4. Federal Aviation Act of 1958

• This assignment will give you practice in Handling Exceptions and using File I/O. Language for this program is JAVA

  Part One

• A hotel salesperson enters sales in a text file. Each line contains the following, separated by semicolons:
  • The name of the client,
  • the service sold (such as Dinner, Conference, Lodging, and so on),
  • the amount of the sale,
  • and the date of that event.
• Prompt the user for data to write the file.

  Part Two

• Write a program that reads the text file as described above, and that writes a separate file for each service category, containing the entries for that category. Name the output files Dinner.txt, Conference.txt, and so on.
• Enter the name of the output file from Part One as a command line argument.

  Both Parts

• For all programs, catch and handle the Exceptions appropriately and validate the input data where needed.
• Display an error if the sales file does not exist or the format is incorrect.
• Also, create your own exception to handle "unknown transaction" exceptions.

  Samples:

  • Contents of sales.txt (file created in part one)

    John Public;Dinner;29.95;6/7/2014
    Jane Public;Conference;499.00;8/9/2014
    Abby Lawrence;Dinner;23.45;10/10/2014
    

  • Contents of Dinner.txt (file created in part two)

    John Public;Dinner;29.95;6/7/2014
    Abby Lawrence;Dinner;23.45;10/10/2014
    

  • Contents of Conference.txt (file created in part two)

    Jane Public;Conference;499.0;8/9/2014

Betty, the chief nursing officer, had to make a decision about buying 120 new hospital beds for patient rooms. After she interviewed nurse managers at the units where the beds were going to be placed, Betty compiled her findings and decided to contact a well-known equipment company to obtain prices and contracts. The equipment company’s executive salesperson, Jim, discussed options at length with her and invited her and her significant other to an upcoming all-expenses-paid lavish retreat at a five-star hotel in Hawaii to see demonstrations of the beds and to hear a comprehensive sales pitch. Betty thought to herself, “We badly need some relaxation and stress relief. Hawaii would be so much fun. Would it be wrong for us to go?” In your paper, address all of the following prompts: What action should Betty take in this situation? Give your rationale. Justify your answer with an ethical framework—a theory, approach, or principle. What ethical principles are at stake? What breaches? Do you consider this situation a conflict of interest? Why or why not? Give your rationale. How would Betty handle this case if she believed she needed to seek advice from someone in a higher authority? With whom would she discuss this issue? What policies should be in place regarding a scenario such as this one?

You have always dreamed “seeing the world”, and are making plans to do so. You estimate that it will cost about J$1,800,000 for air fares, hotel accommodation, and sight-seeing, and could be done in a six week period. You plan to take this trip in seven year’s time, starting during your pre-retirement leave in January 2018. You intend to start building this travel fund in January 2011, and will continue until December 2017.

1. Your plan is to invest your entire Christmas bonus every year starting January 1, 2011. You estimate that your Christmas bonus will be $80,000 this year, and will increase by 5% per year after that. Every January until 2017 you plan to open a new certificate of deposit with the entire bonus. You don’t intend to withdraw any of these funds until the end of December 2017. What will be the total amount in these accounts in December 2017, if the average expected return on each account is 12% per year?                                                                                                                                            

You also intend to have a monthly savings plan, starting at the beginning of January 2011. Into this account, you plan to put $5,000 at the start of every month, with your final deposit being at the beginning of December 2017. If the average expected interest rate is 12% per year, compounded monthly, how much do you expect to have in the account at the end of December 2017?