Questions
I need to know how to break this scenario down for probability questions.. After reading a...

I need to know how to break this scenario down for probability questions..

After reading a recent report revealing that workplace diversity can improve the development of ideas, Quantitative Industrial (QI) decides to hire 2 recent graduates to have a better age-profile in its workforce. They interview many candidates but have settled on 5 finalists for the position. They have ranked their choices from 1 to 5. Unbeknownst to them, each finalist has a certain probability of accepting their offer of $60,000 as the starting salary: Candidate 1 -- 25% Candidate 2 -- 50% Candidate 3 -- 10% Candidate 4 -- 0% or 100% if candidate 5 is also hired (think about this as a conditional probability) Candidate 5 -- 50%

In: Statistics and Probability

People flourish when they are in a state of optimal well-being or flow. When people find...

People flourish when they are in a state of optimal well-being or flow. When people find pleasure at work, they inevitably achieve and maintain excellence in their workplace performance. In fact, if you interview peak performers in any field, you will inevitably discover they gain tremendous pleasure from what they do.

What activities are you intrinsically motivated to do that involve using your personal strengths and flow experiences?

How could you change your work place behaviors, interactions and activities so that you engaged in more intrinsically motivated activities that involve using those strengths and flow experiences? Be creative - even small changes can make enormous differences.

What would be the costs and the benefits of making these changes?

In: Psychology

1. My strategy is to (hopefully) expand the number of stores and eventually franchise, while focusing...

1. My strategy is to (hopefully) expand the number of stores and eventually franchise, while focusing on serving only high-quality fresh ingredients. What are three specific human resource management implications of my strategy (including specific policies and practices)?

2. 2. Identify and briefly discuss five specific human resource management errors that I’m currently making.

3. Develop a structured interview form that we can use for hiring store managers, wait staff, and counter people pizza makers.

4. Based on what you know about Angelo’s, and what you know from having visited pizza restaurants, and specifically how you think Angelo’s should go about selecting employees.

In: Operations Management

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales...

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. (For specific identification, units sold consist of 600 units from beginning inventory, 300 from the February 10 purchase, 200 from the March 13 purchase, 50 from the August 21 purchase, and 250 from the September 5 purchase.) Date Activities Units Acquired at Cost Units Sold at Retail Jan. 1 Beginning inventory 600 units @ $45.00 per unit Feb. 10 Purchase 400 units @ $42.00 per unit Mar. 13 Purchase 200 units @ $27.00 per unit Mar. 15 Sales 800 units @ $75.00 per unit Aug. 21 Purchase 100 units @ $50.00 per unit Sept. 5 Purchase 500 units @ $46.00 per unit Sept. 10 Sales 600 units @ $75.00 per unit Totals 1,800 units 1,400 units Required 1.Compute cost of goods available for sale and the number of units available for sale. 2.Compute the number of units in ending inventory. 3.Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. (Round all amounts to cents.) Check (3) Ending inventory: FIFO, $18,400; LIFO, $18,000; WA, $17,760 4.Compute gross profit earned by the company for each of the four costing methods in part 3. (4) LIFO gross profit, $45,800

In: Accounting

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales...

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 540 units @ $40 per unit
Feb. 10 Purchase 320 units @ $36 per unit
Mar. 13 Purchase 100 units @ $24 per unit
Mar. 15 Sales 650 units @ $85 per unit
Aug. 21 Purchase 120 units @ $45 per unit
Sept. 5 Purchase 520 units @ $41 per unit
Sept. 10 Sales 640 units @ $85 per unit
Totals 1,600 units 1,290 units

    
Required:
1.
Compute cost of goods available for sale and the number of units available for sale.


2. Compute the number of units in ending inventory.



3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 540 units from beginning inventory, 220 from the February 10 purchase, 100 from the March 13 purchase, 70 from the August 21 purchase, and 360 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.)


4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)

In: Accounting

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales...

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 600 units @ $60 per unit
Feb. 10 Purchase 480 units @ $57 per unit
Mar. 13 Purchase 120 units @ $42 per unit
Mar. 15 Sales 785 units @ $80 per unit
Aug. 21 Purchase 180 units @ $65 per unit
Sept. 5 Purchase 470 units @ $63 per unit
Sept. 10 Sales 650 units @ $80 per unit
Totals 1,850 units 1,435 units


Required:
1.
Compute cost of goods available for sale and the number of units available for sale.

2. Compute the number of units in ending inventory.

3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 380 from the February 10 purchase, 120 from the March 13 purchase, 130 from the August 21 purchase, and 205 from the September 5 purchase.

4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)

5. The company’s manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager?

In: Accounting

Interview Notes Christopher and his wife Amanda have lived in the United States since 2012 and...

Interview Notes
  • Christopher and his wife Amanda have lived in the United States since 2012 and have Individual Taxpayer Identification Numbers (ITINs).
  • Christopher is 45 and Amanda is 40. They have been married since 2000. They both worked in 2018 and their combined wages for the year were $40,000.
  • They have one child, Jennifer, who is 3 years old and lived with them all year. Jennifer is a U.S. citizen and has a valid Social Security number.
  • In order for them to work, they paid $5,000 in daycare for Jennifer. The statement from the daycare provider includes the provider's name, address, valid Employer Identification Number, and the amount paid for Jennifer's care.
  • Christopher and Amanda provided all the support for Jennifer and all the costs of keeping up their home.
7. Christopher and Amanda can claim Jennifer as a qualifying child for the earned income credit (EIC).
True
False
Interview Notes
  • Christopher and his wife Amanda have lived in the United States since 2012 and have Individual Taxpayer Identification Numbers (ITINs).
  • Christopher is 45 and Amanda is 40. They have been married since 2000. They both worked in 2018 and their combined wages for the year were $40,000.
  • They have one child, Jennifer, who is 3 years old and lived with them all year. Jennifer is a U.S. citizen and has a valid Social Security number.
  • In order for them to work, they paid $5,000 in daycare for Jennifer. The statement from the daycare provider includes the provider's name, address, valid Employer Identification Number, and the amount paid for Jennifer's care.
  • Christopher and Amanda provided all the support for Jennifer and all the costs of keeping up their home.
8. Jennifer is a qualifying child for the child tax credit.
True
False

In: Accounting

Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the...

Profit Center Responsibility Reporting for a Service Company

Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31:

Revenues—N Region $996,500
Revenues—S Region 1,239,200
Revenues—W Region 2,080,200
Operating Expenses—N Region 631,500
Operating Expenses—S Region 737,500
Operating Expenses—W Region 1,258,000
Corporate Expenses—Dispatching 466,000
Corporate Expenses—Equipment Management 277,200
Corporate Expenses—Treasurer’s 151,600
General Corporate Officers’ Salaries 334,700

The company operates three service departments: the Dispatching Department, the Equipment Management Department, and the Treasurer’s Department. The Dispatching Department manages the scheduling and releasing of completed trains. The Equipment Management Department manages the railroad cars inventories. It makes sure the right freight cars are at the right place at the right time. The Treasurer’s Department conducts a variety of services for the company as a whole. The following additional information has been gathered:

   North    South    West
Number of scheduled trains 5,800 7,000 10,500
Number of railroad cars in inventory 1,100 1,800 1,500

Required:

1. Prepare quarterly income statements showing income from operations for the three regions. Use three column headings: North, South, and West. Do not round your interim calculations.

Thomas Railroad Company
Divisional Income Statements
For the Quarter Ended December 31
North South West
Revenues $ $ $
Operating expenses
Income from operations before service department charges $ $ $
Service department charges:
Dispatching $ $ $
Equipment Management
Total service department charges $ $ $
Income from operations $ $ $

Feedback

1. Determine the dispatching rate per train by dividing service cost by output. For each division's dispatching cost, multiply the dispatching rate by the number of scheduled trains. Repeat this process for the other service department charges. Subtract the service department charges for a division from that division's income from operations before such charges.

Learning Objective 3.

2. What is the profit margin of each division? Round to one decimal place.

Region Profit Margin
North Region %
South Region %
West Region %

In: Accounting

Prepare a report on Workflow process, Risk analysis and resourcemanagement for the University online Help...

Prepare a report on Workflow process, Risk analysis and resource management for the University online Help desk management system.
1.Determine the purpose and importance of project management from the perspectives of planning, tracking and completion of project.
2.Evaluate the feasibility of project proposals utilizing appropriate tools, techniques and methods.
3.Manage project schedule, expenses and resources with of suitable project management tools.

In: Computer Science

From   this case study i need the SBAR L.W., a 20-year-old college student, comes to the...

From   this case study i need the SBAR

L.W., a 20-year-old college student, comes to the university health clinic for a pregnancy test. She has been sexually active with her boyfriend of 6 months, and her menstrual period is now “a few” weeks late. The pregnancy test result is positive. The patient begins to cry, saying, “I don't know what to do.”

In: Nursing