Questions
Question UPDATED (3 parts) Waterways has two major public-park projects to provide with comprehensive irrigation in...

Question UPDATED (3 parts)

Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December.

Raw materials were requisitioned from the company’s inventory on December 2 for $ 5,064; on December 8 for $ 1,068; and on December 14 for $ 3,450. In each instance, two-thirds (2/3) of these materials were for J57 and the rest for K52.

Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $ 17.5 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for J57 and the rest for K52.

The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2,093 hours, and the anticipated overhead costs are $ 837,200 for the year. The machines were used by workers on projects K52 and J57 on December 3, 9, and 15. Six machine hours were used for project K52 (2 each day), and 8.5 machine hours were used for project J57 (2.5 the first day and 3 each of the other days). Both of these special orders were completed on December 15, producing 200 sprinkler heads for J57 and 100 sprinkler heads for K52.

Additional job order activities during this period included:

Dec. 1 Purchased raw materials from Durbin Supply Company on account for $ 53,100.
Dec. 2 Issued $ 40,400 of direct materials from the company’s inventory to jobs other than K52 and J57 and $ 3,000 of indirect materials.
Dec. 12 Paid Waterways’ factory salaries and wages for $ 65,100.
Dec. 13 Paid the factory’s water bill of $ 8,900.
Dec. 18 Transferred $ 50,500 of costs from other completed jobs to finished goods.
Dec. 21 Paid the factory’s electric bill of $ 12,000 for Waterways’ factory.
Dec. 31 Made adjusting entries forth factory that included accrued property taxes of $ 11,900, prepaid insurance of $ 8,700, and accumulated depreciation of $ 15,900.

Part 1

Set up the job cost sheets for Job No. J57 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, e.g. 12.25.)

Job No. J57 Job No. K52
Total Cost

$

$

Unit Cost

$

$

Part 2

Journalize the activities from these job cost sheets in the general journal. Also, journalize the other costs that occurred during this period. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to 0 decimal places, e.g. 5,275.)

Date

Account Titles and Explanation

Debit

Credit

(To assign materials to jobs J57 & K52)

12/2

(To assign materials to jobs and overhead)

(To assign labor to jobs J57 & K52)

(To assign overhead to jobs J57 & K52)

(To assign labor to jobs J57 & K52)

(To assign overhead to jobs J57 & K52)

(To assign labor to jobs J57 & K52)

(To assign overhead to jobs J57 & K52)

(To record completion of jobs J57 & K52)

Part 3

Assuming that Manufacturing Overhead has a debit balance of $ 3,600, determine whether overhead has been under/over applied and make the adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

In: Accounting

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Advanced Inheritance Concepts (Exercise 7) The Cullerton Park District holds a mini-Olympics each summer. Create a...

Advanced Inheritance Concepts (Exercise 7)

The Cullerton Park District holds a mini-Olympics each summer. Create a class named Participant with fields for a name, age, and street address. Include a constructor that assigns parameter values to each field and a toString() method that returns a String containing all the values. Also include an equals() method that determines two participants are equal if they have the same values in all three fields.

Create an application with two arrays of at least eight participants each—one holds participants in the mini-marathon, and the other holds participants in the diving competition. Prompt the user for participant values. After the data values are entered, display values for participants who are in both events.

Participant.java

public class Participant
{
// private variables here

public Participant(String n, int a, String add)
{
// constructor code here
}
public String getName()
{
// method code here
}
public int getAge()
{
// method code here
}
public String getAddress()
{
// method code here
}
public String toString()
{
// method code here
}
public boolean equals(Participant p)
{
// method code here
}
}

TwoEventParticipant.java

import java.util.*;
public class TwoEventParticipants
{
public static void main(String[] args)
{
Participant marathoners[] = new Participant[8];
Participant divers[] = new Participant[8];
int i, j;
String name;
int age;
String address;
Scanner input = new Scanner(System.in);
System.out.println("Enter mini-marathon participants");
for(i = 0; i < marathoners.length; ++i)
{
System.out.print("Enter name: ");
name = input.nextLine();
System.out.print("Enter age: ");
age = input.nextInt();
input.nextLine();
System.out.print("Enter address: ");
address = input.nextLine();
marathoners[i] = new Participant(name, age, address);
}
System.out.println("\nEnter diving participants");
for(i = 0; i < divers.length; ++i)
{
System.out.print("Enter name: ");
name = input.nextLine();
System.out.print("Enter age: ");
age = input.nextInt();
input.nextLine();
System.out.print("Enter address: ");
address = input.nextLine();
divers[i] = new Participant(name, age, address);
}   
System.out.println("\nParticipants who are in both events:");
for(i = 0; i < marathoners.length; ++i)
for(j = 0; j < divers.length; ++j)
if(marathoners[i].equals(divers[j]))
System.out.println(marathoners[i].toString());
}
}

Possible Answer:

Participants who are in both events:

Participant_2

10

Apartment No. 2

Participant_6

13

Apartment No. 6

Participant_7

13

Apartment No. 7

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  1. Although domiciled in Nebraska, Auto Insurance Company is licensed to sell auto insurance in 10 states. A different set of rates applies in each state. In five states, prior approval of rates is required. Two states have a file-and-use law, and the remaining three states have a flex-rating law. Auto Insurance Company has experienced poor underwriting results and needs to increase its rates.
  1. Explain how each of the above rating laws would apply to Auto Insurance Company.
  1. Describe some possible problems that Auto Insurance Company may experience in trying to get its rates increased in a prior-approval state.
  1. Explain the role of the National Association of Insurance Commissioners in coordinating and serving state insurance regulators.

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consider the neon atom in all possible n+1, l-1 excited states that relax down to the...

consider the neon atom in all possible n+1, l-1 excited states that relax down to the ground state and emit light in the process. (a) Write the atomic term symbol for each of these states including the ground state (hint, use the Clebsch-Gordon series, there should be 8 total term symbols). Show your work in how you arrive at these term symbols. (b) Draw an energy level diagram showing decay of these states to the ground state by listing them in the proper order of there energies and indicate which states are allowed transitions by using an arrow to show the decay of energy from one state to the next. This is a qualitative exercise, no need to look up the values or draw the energy levels accurately - just the proper order of energy will suffice.

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Select one commercial bank and one NBFI and explain how they are meeting the 17 SDGs of the United Nations.

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The United Nations published how many sustainable development goals in 2018? 16 2,5,68,444,554,258 2 17

The United Nations published how many sustainable development goals in 2018?

16

2,5,68,444,554,258

2

17

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