Using the South University Online Library or the Internet, select a public health issue or topic you feel needs to be addressed in your community. Based on your research, respond to the following regarding the public health issue you selected: Explain why it is important to address your selected public health issue in your community.

Define the purpose statement for the public health issue or topic you feel needs to be addressed in your community.

Develop at least two research questions you would like to answer as a result of your research.

Design a survey that could be used to measure: The dependent variable (also known as a response variable)

The independent variable (typically the variable that is manipulated by the researcher) Explain or predict the dependent variable you will seek to measure based on your research

questions. Explain how each question relates to the variables defined.

Gold Nest Company of Guandong, China, is a family-owned enterprise that makes birdcages for the South China market. The company sells its birdcages through an extensive network of street vendors who receive commissions on their sales. The company uses a job-order costing system in which overhead is applied to jobs on the basis of direct labor cost. Its predetermined overhead rate is based on a cost formula that estimated $105,000 of manufacturing overhead for an estimated activity level of $50,000 direct labor dollars. At the beginning of the year, the inventory balances were as follows: Raw materials $ 11,000 Work in process $ 4,200 Finished goods $ 9,000 During the year, the following transactions were completed: Raw materials purchased on account, $ 169,000. Raw materials used in production, $150,000 (materials costing $121,000 were charged directly to jobs; the remaining materials were indirect). Costs for employee services were incurred as follows: Direct labor $ 170,000 Indirect labor $ 268,200 Sales commissions $ 24,000 Administrative salaries $ 44,000 Rent for the year was $18,500 ($13,900 of this amount related to factory operations, and the remainder related to selling and administrative activities). Utility costs incurred in the factory, $15,000. Advertising costs incurred, $14,000. Depreciation recorded on equipment, $20,000. ($16,000 of this amount related to equipment used in factory operations; the remaining $4,000 related to equipment used in selling and administrative activities.) Record the manufacturing overhead cost applied to jobs. Goods that had cost $225,000 to manufacture according to their job cost sheets were completed. Sales for the year (all paid in cash) totaled $507,000. The total cost to manufacture these goods according to their job cost sheets was $215,000. Required: 1. Prepare journal entries to record the transactions for the year. 2. Prepare T-accounts for each inventory account, Manufacturing Overhead, and Cost of Goods Sold. Post relevant data from your journal entries to these T-accounts (don’t forget to enter the beginning balances in your inventory accounts). 3A. Is Manufacturing Overhead underapplied or overapplied for the year? 3B. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold. 4. Prepare an income statement for the year. All of the information needed for the income statement is available in the journal entries and T-accounts you have prepared.

Gold Nest Company of Guandong, China, is a family-owned enterprise that makes birdcages for the South China market. The company sells its birdcages through an extensive network of street vendors who receive commissions on their sales. The company uses a job-order costing system in which overhead is applied to jobs on the basis of direct labor cost. Its predetermined overhead rate is based on a cost formula that estimated $76,500 of manufacturing overhead for an estimated activity level of $45,000 direct labor dollars. At the beginning of the year, the inventory balances were as follows: Raw materials $ 11,000 Work in process $ 4,100 Finished goods $ 8,100 During the year, the following transactions were completed: Raw materials purchased on account, $ 165,000. Raw materials used in production, $146,000 (materials costing $125,000 were charged directly to jobs; the remaining materials were indirect). Costs for employee services were incurred as follows: Direct labor $ 152,000 Indirect labor $ 175,600 Sales commissions $ 24,000 Administrative salaries $ 42,000 Rent for the year was $18,500 ($13,200 of this amount related to factory operations, and the remainder related to selling and administrative activities). Utility costs incurred in the factory, $18,000. Advertising costs incurred, $12,000. Depreciation recorded on equipment, $25,000. ($17,000 of this amount related to equipment used in factory operations; the remaining $8,000 related to equipment used in selling and administrative activities.) Record the manufacturing overhead cost applied to jobs. Goods that had cost $226,000 to manufacture according to their job cost sheets were completed. Sales for the year (all paid in cash) totaled $505,000. The total cost to manufacture these goods according to their job cost sheets was $216,000. Required: 1. Prepare journal entries to record the transactions for the year. 2. Prepare T-accounts for each inventory account, Manufacturing Overhead, and Cost of Goods Sold. Post relevant data from your journal entries to these T-accounts (don’t forget to enter the beginning balances in your inventory accounts). 3A. Is Manufacturing Overhead underapplied or overapplied for the year? 3B. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold. 4. Prepare an income statement for the year. All of the information needed for the income statement is available in the journal entries and T-accounts you have prepared.

a.) A 13.0 m long, thin, uniform aluminum pole slides south at a speed of 21.0 m/s. The length of the pole maintains an east-west orientation while sliding. The vertical component of the Earth's magnetic field at this location has a magnitude of 32.0 µT. What is the magnitude of the induced emf between the ends of the pole?

b.) The west end of the pole impacts and sticks to a pylon, causing the pole to rotate clockwise as viewed from above. While the pole rotates, what is the magnitude of the induced emf between the ends of the pole? (Hint: use conservation of angular momentum to find the speed of the pole after the collision.)

Gold Nest Company of Guandong, China, is a family-owned enterprise that makes birdcages for the South China market. The company sells its birdcages through an extensive network of street vendors who receive commissions on their sales.

The company uses a job-order costing system in which overhead is applied to jobs on the basis of direct labor cost. Its predetermined overhead rate is based on a cost formula that estimated $84,000 of manufacturing overhead for an estimated activity level of $40,000 direct labor dollars. At the beginning of the year, the inventory balances were as follows:

During the year, the following transactions were completed:

1. Raw materials purchased on account, $ 165,000.
2. Raw materials used in production, $141,000 (materials costing $128,000 were charged directly to jobs; the remaining materials were indirect).
3. Costs for employee services were incurred as follows:

1. Rent for the year was $18,600 ($13,600 of this amount related to factory operations, and the remainder related to selling and administrative activities).
2. Utility costs incurred in the factory, $11,000.
3. Advertising costs incurred, $11,000.
4. Depreciation recorded on equipment, $24,000. ($16,000 of this amount related to equipment used in factory operations; the remaining $8,000 related to equipment used in selling and administrative activities.)
5. Record the manufacturing overhead cost applied to jobs.
6. Goods that had cost $225,000 to manufacture according to their job cost sheets were completed.
7. Sales for the year (all paid in cash) totaled $498,000. The total cost to manufacture these goods according to their job cost sheets was $216,000.

Required:

1. Prepare journal entries to record the transactions for the year.

2. Prepare T-accounts for each inventory account, Manufacturing Overhead, and Cost of Goods Sold. Post relevant data from your journal entries to these T-accounts (don’t forget to enter the beginning balances in your inventory accounts).

3A. Is Manufacturing Overhead underapplied or overapplied for the year?

3B. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.

4. Prepare an income statement for the year. All of the information needed for the income statement is available in the journal entries and T-accounts you have prepared.

Question2

Problem 3-17 Cost Flows; T-Accounts; Income Statement [LO3-2, LO3-3, LO3-4]

Supreme Videos, Inc., produces short musical videos for sale to retail outlets. The company’s balance sheet accounts as of January 1, are given below.

Because the videos differ in length and in complexity of production, the company uses a job-order costing system to determine the cost of each video produced. Studio (manufacturing) overhead is charged to videos on the basis of camera-hours of activity. The company’s predetermined overhead rate for the year is based on a cost formula that estimated $352,000 in manufacturing overhead for an estimated allocation base of 8,000 camera-hours. The following transactions occurred during the year:

1. Film, costumes, and similar raw materials purchased on account, $189,000.
2. Film, costumes, and other raw materials used in production, $204,000 (80% of this material was considered direct to the videos in production, and the other 20% was considered indirect).
3. Utility costs incurred on account in the production studio, $76,000.
4. Depreciation recorded on the studio, cameras, and other equipment, $88,000. Three-fourths of this depreciation related to production of the videos, and the remainder related to equipment used in marketing and administration.
5. Advertising expense incurred on account, $134,000.
6. Costs for salaries and wages were incurred on account as follows:

1. Prepaid insurance expired during the year, $7,400 (75% related to production of videos, and 25% related to marketing and administrative activities).
2. Miscellaneous marketing and administrative expenses incurred on account, $9,000.
3. Studio (manufacturing) overhead was applied to videos in production. The company used 8,200 camera-hours during the year.
4. Videos that cost $554,000 to produce according to their job cost sheets were transferred to the finished videos warehouse to await sale and shipment.
5. Sales for the year totaled $933,000 and were all on account. The total cost to produce these videos according to their job cost sheets was $604,000.
6. Collections from customers during the year totaled $854,000.
7. Payments to suppliers on account during the year, $504,000; payments to employees for salaries and wages, $289,000.

Required:

1. Prepare a T-account for each account on the company’s balance sheet and enter the beginning balances.

2. Record the transactions directly into the T-accounts. Key your entries to the letters (a) through (m) above.

3. Is the Studio (manufacturing) Overhead account underapplied or overapplied for the year? By how much?

4. Prepare a schedule of cost of goods manufactured.

5. Prepare a schedule of cost of goods sold.

6. Prepare an income statement for the year.

Gold Nest Company of Guandong, China, is a family-owned enterprise that makes birdcages for the South China market. The company sells its birdcages through an extensive network of street vendors who receive commissions on their sales. All of the company’s transactions with customers, employees, and suppliers are conducted in cash; there is no credit. The company uses a job-order costing system in which overhead is applied to jobs on the basis of direct labor cost. Its predetermined overhead rate is based on a cost formula that estimated $126,000 of manufacturing overhead for an estimated activity level of $45,000 direct labor dollars. At the beginning of the year, the inventory balances were as follows: Raw materials $ 10,900 Work in process $ 4,900 Finished goods $ 8,000 During the year, the following transactions were completed: a. Raw materials purchased for cash, $166,000. b. Raw materials requisitioned for use in production, $143,000 (materials costing $129,000 were charged directly to jobs; the remaining materials were indirect). c. Costs for employee services were incurred as follows: Direct labor $ 179,000 Indirect labor $ 461,300 Sales commissions $ 22,000 Administrative salaries $ 46,000 d. Rent for the year was $18,400 ($13,800 of this amount related to factory operations, and the remainder related to selling and administrative activities). e. Utility costs incurred in the factory, $11,000. f. Advertising costs incurred, $14,000. g. Depreciation recorded on equipment, $23,000. ($15,000 of this amount was on equipment used in factory operations; the remaining $8,000 was on equipment used in selling and administrative activities.) h. Manufacturing overhead cost was applied to jobs, $? i. Goods that had cost $228,000 to manufacture according to their job cost sheets were completed. j. Sales for the year totaled $503,000. The total cost to manufacture these goods according to their job cost sheets was $216,000.

Required: 1. Prepare journal entries to record the transactions for the year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations to 2 decimal places.)

Required:

Using the South University Online Library or the Internet, select a public health issue or topic you feel needs to be addressed in your community. Based on your research, respond to the following regarding the public health issue you selected:

Explain why it is important to address your selected public health issue in your community.

Define the purpose statement for the public health issue or topic you feel needs to be addressed in your community.

Develop at least two research questions you would like to answer as a result of your research.

Design a survey that could be used to measure:

The dependent variable (also known as a response variable)

The independent variable (typically the variable that is manipulated by the researcher)

Explain or predict the dependent variable you will seek to measure based on your research questions.

Explain how each question relates to the variables defined.

Seth Bullock, the owner of Bullock Gold Mining, is evaluating a new gold mine in South Dakota. Dan Dority, the company’s geologist, has just finished his analysis of the mine site. He has estimated that the mine would be productive for eight years, after which the gold would be completely mined. Dan has taken an estimate of the gold deposits to Alma Garrett, the company’s financial officer. Alma has been asked by Seth to perform an analysis of the new mine and present her recommendation on whether the company should open the new mine.

Alma has used the estimates provided by Dan to determine the revenues that could be expected from the mine. She has also projected the expense of opening the mine and the annual operating expenses. If the company opens the mine, it will cost $850 million today, and it will have a cash outflow of $75 million nine years from today in costs associated with closing the mine and reclaiming the area surrounding it. The expected cash flows each year from the mine are shown in the following table. Bullock Mining has a 12 percent required return on all of its gold mines.

1. Construct a spreadsheet to calculate the payback period, internal rate of return, modified internal rate of return, and net present value of the proposed mine.
2. Based on your analysis, should the company open the mine?
3. What would your opinion be if Bullock Mining evaluated the risk of spending $850 million and decided in the current environment, they required a 30% required return on all of its new gold mines? Why?

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $5.8 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $6.1 million. The company wants to build its new manufacturing plant on this land; the plant will cost $13.3 million to build, and the site requires $850,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?