Questions
The company uses the FIFO method in its process costing system. Production data for the Mashing...

The company uses the FIFO method in its process costing system. Production data for the Mashing Department (first stage) for the month of January appears below:

Production data:

Units (gallons) in process, January 1 (materials 100% complete;

conversion 90% complete). . . . . . . . . . . . . . . . . . . . . . 20,000

Units started into production. . . . . . . . . . . . . . . . . . . . . . . . . . 390,000

Units in process, January 31 (materials 75% complete;

conversion 25% complete) . . . . . . . . . . . . . . . . . . . . . . 40,000

Cost data:

Work in process inventory, January 1:

Materials cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25,000

Conversion cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   $13,000

Cost added during the month:

Materials cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $495,000

Conversion cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $253,000

REQUIRED:

Prepare a FIFO production report for the Mashing Department for Windy City Brewing Co. for the month ended January 31, 2018.

In: Accounting

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment...

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.32 million. The fixed asset qualifies for 100 percent bonus depreciation in the first year. The project is estimated to generate $1.735 million in annual sales, with costs of $650,000. The project requires an initial investment in net working capital of $250,000, and the fixed asset will have a market value of $180,000 at the end of the project. The tax rate is 21 percent.

a. What is the project’s Year 0 net cash flow? Year 1? Year 2? Year 3?

b. If the required return is 12 percent, what is the project's NPV?

a. Year 0
Year 1
Year 2
Year 3
b. NPV

In: Finance

A pension fund manager is considering three mutual funds. The first is a stock fund, the...

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are:

Expected Return

Standard Deviation

Stock fund (S)

15%

32%

Bond fund (B)

9

23

The correlation between the fund returns is .15.

Tabulate and draw the investment opportunity set of the two risky funds. Use investment proportions for the stock fund of 0% to 100% in increments of 20%. What expected return and standard deviation does your graph show for the minimum-variance portfolio?

Draw a tangent from the risk-free rate to the opportunity set.

In: Finance

The director of Human Resources at a large company wishes to determine if newly instituted training...

The director of Human Resources at a large company wishes to determine if newly instituted training has been effective in reducing work-related injuries. In a random sample of 100 employees taken from the six months before this training began (group 1), she found 15 had suffered a work-related injury. Using a random sample of 150 employees from the six months since the training began (group 2), she found 12 had suffered a work-related injury.
a) Find the 95% confidence interval for this situation.  

b) Does it support the idea that the proportion of work-related injuries has decreased with the new training?

Show work - label all your values first before using technology.

In: Math

Corporation A plans to launch a new project and the financial manager is considering whether this...

Corporation A plans to launch a new project and the financial manager is considering whether this is a valuable investment for the corporation. Consider: The initial cost of this project is $197.92, and it offers cash flows in the next 3 years, with an estimated cash flow of $ 50 in the first year, $100 in the second year and $150 in the third year. Questions: 1. What is the Internal Rate of Return (IRR) of this project? 2. If we require a discount rate (r) of 10%, what is the Net Present Value (NPV) of this project? Should we invest into this project or not? Please explain step by step your calculations in details.

Please do not use Excell. I need to be answered this exactly step by step, by using formulas and simple tables if needed. Thank you!

In: Finance

Ram Roy’s firm has developed the following supply, demand, cost, and inventory data. Allocate production capacity...

Ram Roy’s firm has developed the following supply, demand, cost, and inventory data. Allocate production capacity to meet demand at a minimum cost using the transportation method. What is the cost? Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.

Initial Inventory 20 Units

Regular Time cost per unit $100

Overtime cost per unit $160

Sub contract cost per unit $250

Carrying cost per unit per month $6

Supply Table

Period Regular Time Overtime Subcontract

Demand Forecast

1 30 15 5 40
2 30 15 5 45
3 40 15 5 55

In: Operations Management

The can industry is composed of two firms. Suppose that the demand curve for cans is...

The can industry is composed of two firms. Suppose that the demand curve for cans is P= 100- Q and the total cost function of each firm is TC = 2 + 15q.

b) If only one firm enters a new market, how much will each firm produce and will make the profit?

c) If both enter the new market, how much will each firm produce and will make the profit?

e) If these two firms collude and they want to maximize their combined profit, how much will the firm A produce? And Profit?

f) How much will the Firm B produce?

g) Is this collusion would work? Why or why not?

h) If the Firm A moves first, how much profit for each firm will change? Construct the game tree and find Nash EQ

In: Economics

Net Present Value and Discounted Payback Period Using the amount of capital expenditures incurred in 2018...

Net Present Value and Discounted Payback Period

Using the amount of capital expenditures incurred in 2018 -1976.4 (which will consider to be an initial investment outflow), assume the company will generate operating cash inflows of $205 million the first year, $385 million the second year, $478 million the third year, $599 million the fourth year, $625 million the fifth year, and $100 million the year six.

a.) What is the NPV using the company’s WACC of 3.56 and what is the IRR?

b.) Did the company make a good investment decision using the NPV criteria?

c.) If the company had a discounted payback period policy of four years, did it make a sound investment decision (use the company’s calculated WACC)?

In: Finance

3. Consider the investment project given in the below table: An electric motor is rated at...

3. Consider the investment project given in the below table:

An electric motor is rated at 10 horsepower (HP) and costs $1,200. Its full-load efficiency is specified to be 85%. A newly designed high-efficiency motor of the same size has an efficiency of 90%, but it costs $1,600. It is estimated that the motors will operate at a rated 10 HP output for 2,000 hours/year, and the cost of energy will be $0.09/kilowatt- hour. Each motor is expected to have a 15-year life. At the end of the 15 years, the first motor will have a salvage value of $50 and the second motor will have a salvage value of $100. Consider the MARR to be 8%. (1 HP = 0.7457 kW)

Use NPW to determine which motor should be installed.

In: Finance

complete all methods in java! /* Note:   Do not add any additional methods, attributes.         Do...

complete all methods in java!
/*
Note:   Do not add any additional methods, attributes.
        Do not modify the given part of the program.
        Run your program against the provided Homework2Driver.java for requirements.
*/

/*
Hint:   This Queue implementation will always dequeue from the first element of
        the array i.e, elements[0]. Therefore, remember to shift all elements
        toward front of the queue after each dequeue.
*/

public class QueueArray<T> {
    public static int CAPACITY = 100;
    private final T[] elements;
    private int rearIndex = -1;
   
    public QueueArray() {
    }

    public QueueArray(int size) {
    }
   
    public T dequeue() {

    }
   
    public void enqueue(T info) {

    }
   
    public boolean isEmpty() {
       
    }
   
    public boolean isFull() {
       
    }
   
    public int size() {
       
    }
}

In: Computer Science