Mesa Company produces wooden rocking chairs. The company has two production departments, Cutting and Assembly. The wood is cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold.
      

Mesa has compiled the following information for the month of February:

Required:      
Prepare journal entries for the transactions in the Cutting and Assembly Departments of Mesa Company. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

1.Record the transfer of materials to production in the Cutting department.

2 Record the cost of labor in the Cutting department.

3 Record the application of manufacturing overhead in the Cutting department.

4 Record the transfer of work in process inventory from Cutting to Assembly.

5 Record the transfer of materials to production in the Assembly department.

6 Record the cost of labor in the Assembly department.

7 Record the application of manufacturing overhead in the Assembly department.

8 Record the transfer of work in process inventory from Assembly to Finished Goods Inventory.

12) Cornerstone, Inc. has $125,000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell the goods "as is" for $45,000; alternatively, the goods can be cleaned and shipped to the firm's outlet center at a cost of $23,000. There the goods could be sold for $80,000. What alternative is more desirable and what is the relevant cost for that alternative?

A) Clean and ship to outlet center, $23,000.

B) Clean and ship to outlet center, $148,000.

C) Clean and ship to outlet center, $103,000.

D) Sell "as is," $125,000.

13) Allison is contemplating a job offer with an advertising agency where she will make $54,000 in her first year of employment. Alternatively, Allison can begin to work in her father's business where she will earn an annual salary of $38,000. If Allison decides to work with her father, the opportunity cost would be:

A) $54,000.

B) $38,000.

C) $92,000.

D) $0.

7) An accounting information system should be designed to provide information that is useful. To be useful the information must be:

A) qualitative rather than quantitative.

B) unique and unavailable through other sources.

C) historical in nature and not purport to predict the future.

D) relevant, accurate, and timely

Absorption and Variable Costing Income Statements

During the first month of operations ended July 31, YoSan Inc. manufactured 11,900 flat panel televisions, of which 10,900 were sold. Operating data for the month are summarized as follows:

Required:

1. Prepare an income statement based on the absorption costing concept.

2. Prepare an income statement based on the variable costing concept.

3. Explain the reason for the difference in the amount of income from operations reported in (1) and (2).

The income from operations reported under   costing exceeds the income from operations reported under costing by the difference between the two, due to   manufacturing costs that are deferred to a future month under   costing.

1. At a particular amusement park, most of the live characters have height requirements of a minimum of 57 in. and a maximum of 63 in. A survey found that​ women's heights are normally distributed with a mean of 62.4 in. and a standard deviation of 3.6 in. The survey also found that​ men's heights are normally distributed with a mean of 68.3 in. and a standard deviation of 3.6 in.
   
   Part 1:
   Find the percentage of men meeting the height requirement.
   
   The percentage of men who meet the height requirement is ____?____.
   ​(Round answer to nearest hundredth of a percent - i.e. 23.34%)
   
   What does the result suggest about the genders of the people who are employed as characters at the amusement​ park?
   Since most men___?___ the height​ requirement, it likely that most of the characters are ___?___ .
   (Use "meet" or "do not meet" for the first blank and "men" or "women" for the second blank.)
   
   Part 2: I was able to solve part 2 on my own.
   If the height requirements are changed to exclude only the tallest​ 50% of men and the shortest​ 5% of​ men, what are the new height​ requirements?
   The new height requirements are a minimum of 62.4 in. and a maximum of 68.3 in.
   ​(Round to one decimal place as​ needed.)

TwoNumbersAddTo 1. write a class called TwoNumbersAddTo with a main method 2. the program asks for a number (lets call it "goal"). 3. then the program reads at most 20 integers (i.e. any number of integers from 0 to 20) 4. the program stops reading when user enters 0 or user has entered 20 numbers. 5. program prints all the pairs that add up to goal. 6. Notice that if goal is 5, for example, 1 + 4 and 4 + 1 are the same pair. Your program should report only one. 7. The pairs should be printed such that the first number is in the same order in which it was entered. For example: % java TwoNumbersAddTo enter goal: 5 enter at most 20 integers, end with 0: 1 2 3 4 5 0 1 + 4 = 5 2 + 3 = 5 % java TwoNumbersAddTo enter goal: 5 enter at most 20 integers, end with 0: 4 3 2 1 0 4 + 1 = 5 3 + 2 = 5

Explain the shortest seek time first, first come first serve, scan, and c scan algorithms of storage management algorithms with the single of the sequence (93, 176, 42, 148, 14, 180).

Draw good diagrams and CALCULATE the total distance traveled and the total waiting time.

initial position is at 50

Given the monthly returns that follow, find the R2, alpha, and beta of the portfolio. Compute the average return differential with and without sign. Do not round intermediate calculations. Round your answers to two decimal places. Month Portfolio Return S&P 500 Return January 5.8 % 6.0 % February -2.4 -3.3 March -1.9 -1.3 April 2.4 1.6 May 0.5 0.2 June -1.0 -0.6 July 0.2 0.4 August 1.4 1.9 September -0.5 -0.3 October -3.5 -3.8 November 2.5 1.9 December 0.4 0.0

R2:

Alpha: %

Beta:

Average return difference (with signs): %

Average return difference (without signs) %

The table below lists infant mortality in Maryland in 2007 and the estimated racial breakdown of the U.S. population according to the 2000 census. Calculations should be done by hand, but feel free to use software or Excel to check your work. The total U.S. population is 281,421,906.

1. (1) If possible, calculate the crude infant mortality rate for Maryland (all races).
2. (2) Calculate the race-adjusted infant mortality rate for 2007 Maryland using the U.S. population in 2000 as the standardizing population.
3. (1) The U.S. population is 281,421,906. Is that needed to solve this problem?

At time t, company A borrows 10 million euro at an interest rate of 3.2% p.a., paid semiannually, for a period of 2 years. It then enters into a 2-year swap at an exchange rate of USD/EUR 0.85. The swap rates are 6-month USD LIBOR, and 3.5% p.a. compounded semiannually in euro. What are the payments on the loan, on the swap and on the combination of them? Assume that 6-month LIBOR (annualized) evolves as follows:

Use the following table to provide your answer (use +/– to indicate the direction of the CF):