Problem 8-70 (LO 8-4)

[The following information applies to the questions displayed below.]

Trey has two dependents, his daughters, ages 14 and 17, at year-end. Trey files a joint return with his wife.

What amount of child credit will Trey be able to claim for his daughters under each of the following alternative situations? Use Exhibit 8-8.

EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold

Problem 8-70 Part-b

b. His AGI is $426,400.

c. His AGI is $429,200, and his daughters are ages 10 and 12.
     

The accompanying data are the number of wins and the earned run averages (mean number of earned runs allowed per nine innings pitched) for eight baseball pitchers in a recent season. Find the equation of the regression line. Then construct a scatter plot of the data and draw the regression line. Then use the regression equation to predict the value of y for each of the given x-values. If meaningful. If the x-value is not meaningful to predict the value of y, explain why not. (a) x=5 wins (b) x=10 wins (c) x=21 wins (d) x=15 wins

The equation of the regression line is y= ? x+? (Round to two decimal places as needed.)

a. Predict the ERA for 5 wins, if it is meaningful.Select the correct choice below and ,if necessary, fill in the answer box within your choice.

A. ^y= ? (Round to two decimal places as needed.)

B. it is not meaningful to predict this value of y because x=5 is well outside the range of the original data.

C. It is not meaningful to predict this value of y because x=5 is not an x-value in the original data.

(b) Predict the ERA for 10 wins, if it is meaningful.Select the correct choice below and, if necessary, fill in the answer box within your choice.

A. y^= ? (Round to two decimal places as needed.)

B. it is not meaningful to predict this value of y because x=10 is not an x-value in the original data.

C. it is not meaningful to predict this value of y because x=10 is inside the range of the orginal data.

(c) Predict the ERA for 21 wins, if it is meaningful. Select the correct choice below and, if necessary, fill in the answer box within your

choice.

A. y^= ? (Round to two decimal places as needed.)

B. It is not meaningful to predict this value of y because x=21 is not x-value in the original data.

C. it is not meaningful to predict this value of y because x=21 is well outside the range of the original data.

(d) Predict the ERA for 15 wins, if it meaningful. Select the correct choice below and,if necessary,fill in the box within your choice.

A. y^= ? (Round to two decimal places as needed.)

B. It is not meaningful to predict this value of y because x=15 is inside the range of the original data.

C. It is not meaningful to predict this value of y because x=15 is not an x-value in the original data.

Wins, x Earned run average, y

20, 2.82

18, 3.24

17, 2.56

16, 3.65

14, 3.79

12, 4.34

11, 3.78

9, 5.07

Kitchen Supply, Inc. (KSI), manufactures three types of flatware: institutional, standard, and silver. It applies all indirect costs according to a predetermined rate based on direct labor-hours. A consultant recently suggested that the company switch to an activity-based costing system and prepared the following cost estimates for year 2 for the recommended cost drivers.

In addition, management estimated 7,100 direct labor-hours for year 2.

Assume that the following cost driver volumes occurred in January, year 2.

Actual labor costs were $15 per hour.

Required:

a.

(1) Compute a predetermined overhead rate for year 2 for each cost driver using the estimated costs and estimated cost driver units prepared by the consultant.
(2) Compute a predetermined rate for year 2 using direct labor-hours as the allocation base.

b. Compute the production costs for each product for January using direct labor-hours as the allocation base and the predetermined rate computed in requirement a(2).

c. Compute the production costs for each product for January using the cost drivers recommended by the consultant and the predetermined rates computed in requirement a. (Note: Do not assume that total overhead applied to products in January will be the same for activity-based costing as it was for the labor-hour-based allocation.)

Compute a predetermined overhead rate for year 2 for each cost driver using the estimated costs and estimated cost driver units prepared by the consultant. (Round your answers to 2 decimal places.)

Compute a predetermined rate for year 2 using direct labor-hours as the allocation base

Compute the production costs for each product for January using direct labor-hours as the allocation base and the predetermined rate computed in requirement a(2). (Do not round intermediate calculations.)

Assume that the current spot rates are as follows:

1 Years 8% Spot

2 Years 9% Spot

3 Years 10% Spot

If the unbiased expectations theory holds, what should be the yields-to-maturity on one and two year pure discount bonds one year from today?

A researcher is interested in whether the phonics method of teaching reading is more or less effective than the sight method, depending on what grade the child is in. Twenty children were randomly selected from each of three grades: kindergarten (K), first grade (1), and second grade. Achievement was measured in terms of reading comprehension where higher scores indicate better comprehension. Within each grade, 10 children were assigned to each of two methods of teaching reading - phonics or sight. The data are as follows: Grade Levels K 1 2 K 1 2 14 25 49 17 35 34 20 29 49 22 36 33 16 27 46 19 40 34 Sight 21 31 46 Phonics 20 34 39 20 27 44 26 37 38 14 34 43 18 41 33 21 32 50 26 42 35 23 34 43 18 33 42 14 35 48 25 34 42 15 28 52 23 43 38 a. State the Null hypotheses for each main effect and interaction – 5 points a. The different methods for teaching reading do not show a significant difference. b. Present the means and SD for each level of each factor– 5 points c. Test the null hypothesis for both main effects and interactions and present the ANOVA source table with all relevant statistics– 15 points. Tests of Between-Subjects ANOVA source Table Dependent Variable: RC Source Type III Sum of Squares df Mean Square F Sig. Partial Eta Squared method grade method * grade Error Total Corrected Total a. R Squared = (Adjusted R Squared = . Sig = 0 means p is < .001. SPSS takes out the probability value to 8 decimals. So, reporting Sig as .000 means the probability (p) is less than or below the .001 level. d. Specify all variables– 5 points. e. Compute, report and explain results from the HSD post hoc follow-up test– 10 points.. f. Present a graph of the interaction of the two factors– 5 points. g. Write a statement as to your conclusions– 5 points..

An article in the Journal of Aircraft (Vol. 23, 1986, pp.859–864) described a new equivalent plate analysis method formulation that is capable of modeling aircraft structures such as cranked wing boxes and that produces results similar to the more computationally intensive finite element analysis method. Natural vibration frequencies for the cranked wing box structure are calculated using both methods, and results for the first seven natural frequencies follow:

Frequency Finite Element, Cycle/s Equivalent Plate, Cycle/s
1 14.58 14.76
2 48.52 49.10
3 97.22 99.99
4 113.99 117.53
5 174.73 181.22
6 212.72 220.14
7 277.38 294.80
a. Do the data suggest that the two methods provide the same mean value for natural vibration frequency? Use α = 0.05. Find the P-value.

b. Find a 95% confidence interval on the mean difference between the two methods.

c. State your assumptions for this problem.

Please answer only C, answer for a and b is still appreciated.

only c only c only c please

The Pinkerton Publishing Company is considering two independent expansion plans. Plan A calls for the expenditure of $50 million on a large-scale, integrated plant that will provide an expected cash flow stream of $9 million per year for 8 years. Plan B calls for the expenditure of $28 million to build a somewhat less efficient, more labor-intensive plant that has an expected cash flow stream of $ 5 million per year for 8 years. The firm’s cost of capital is 10%.Calculate each project’s NPV and IRR, and indicate the correct accept–reject decision for each methods

Part 2: MATLAB

Exercise 1 (50 pts)

Write a program that tells the user if a city of their choice is in a tropical, temperate, or polar region. Use the cities.txt file provided in the Files section of this class. Your program should read the data in that file, find the city given by the user, and return a text message with the information. If the city is not found, your program should write a message accordingly. To decide which region each city falls into, use the table below.

HINT: If you follow the file reading methods explained in our video tutorial, your data will be in cell format. There are a few functions that could be very useful in this case: strcmp compares two strings (one of which can be in a cell) to see if they match. Also, cell2mat converts a cell array into an ordinary array. Finally, find finds indices and values of any non-zero elements in an array.

See the output examples below:

What city are you interested in? Caracas
Caracas is in a tropical region 

What city are you interested in? Merced
City not found! 

https://catcourses.ucmerced.edu/files/1587454/download?download_frd=1

Create two posts, each with an answer to these questions:

1. What is “The Fed”? What are its functions? What changes in the functions of The Fed arose through the Financial Crisis? I am particularly interested in the third part of this question. Use support from your text and one citation.
2. Below are two hypothetical ways The Fed may be appointed. Would you favor either one of these two methods over the present method? Why or why not? In your answer, describe how the Chair and Board of Governors of The Fed is currently selected and use one outside citation to support your argument regarding your thoughts on The Fed appointment options below.
   • Upon taking office, the U.S. president appoints 7 people to the Federal Reserve Board, including a chair. Each appointee must be confirmed by a majority vote of the Senate, and each serves the same 4-year term as the President.
   • Congress selects 7 members from its ranks (4 from the House of Representatives and 3 from the Senate) to serve at its pleasure as the Board of Governors of the Federal Reserve System.

Create one thread in response to each of the above questions. Each thread should be at least 150 words