Questions
Prepare a 3-5 page paper (not including the title page and reference page) in which you...

Prepare a 3-5 page paper (not including the title page and reference page) in which you review the wellness and prevention services page of a local hospital’s website. Develop a paper in which you discuss how the wellness and prevention site is a marketing effort for the hospital. In your paper, identify and consider customers (patients, physicians, etc.) that are addressed in the site. How does the site offer value to these customers? The paper should be written in APA format.

In: Nursing

Calculate the annual premium for the following policy. (Use Table 20.1) (for females subtract 3 years...

Calculate the annual premium for the following policy. (Use Table 20.1) (for females subtract 3 years from the table). (Round your answer to the nearest cent.)

Amount of coverage (face value of policy) $50,000 Age and sex of insured 27 F Type of insurance policy 20-year endowment Annual premium ?

In: Finance

1.Instead of Build-Max-Heap, we could use Heap-Insert-Max to build a tree with heap property. Write a...

1.Instead of Build-Max-Heap, we could use Heap-Insert-Max to build a tree with heap property. Write a pseudocode for that procedure, also evaluate it’s time complexity.
2. How Insertion sort works on the following array
[16, 12, 3, 27, 9, 4, 5, 7]]

In: Computer Science

1-The capital budgeting method that calculates the discount rate at which the present value of expected...

1-The capital budgeting method that calculates the discount rate at which the present value of expected cash inflows from a project equals the present value of expected cash outflows is the ________.

NPV method
payback method
internal rate of return method

none of the above

2-

Sarasota Bicycles has been manufacturing its own wheels for its bikes.  The company is currently operating at 100% capacity, and variable manufacturing overhead is charged to production at the rate of 30% of direct labor cost.  The direct materials and direct labor cost per unit to make the wheels are $3.00 and $3.60 respectively.  Normal production is 200,000 wheels per year.

A supplier offers to make the wheels at a price of $8 each.  If the bicycle company accepts this offer, all variable manufacturing costs will be eliminated, but the $84,000 of fixed manufacturing overhead currently being charged to the wheels will have to be absorbed by other products.

Required:

a.   Prepare an incremental analysis for the decision to make or buy the wheels.

b.   Should Sarasota Bicycles buy the wheels from the outside supplier?  Justify your answer.

3-

Crandle Manufacturers Inc. is approached by a potential customer to fulfill a one-time-only special order for a product similar to one offered to domestic customers. The company has excess capacity. The following per unit data apply for sales to regular customers:

                              Variable costs:

                                    Direct materials                        $140

                                    Direct labor                                100

                                    Manufacturing support              105

                                    Marketing costs                           55

                              Fixed costs:

                                    Manufacturing support              175

                                    Marketing costs                           65

                              Total costs                                        640

                              Markup (50%)                                  320

                              Targeted selling price                      $960

For Crandle Manufacturers Inc., what is the minimum acceptable price of this special order?

In: Accounting

1) When GK, a company producing razors and shaving accessories for men, asks supermarkets to give...

1) When GK, a company producing razors and shaving accessories for men, asks supermarkets to give its new razors shelf space and special displays, it is using a

a) pull strategy.

b) positioning strategy.

c) pricefixing approach.

d) push strategy.

e) publicity campaign.

2) Which of the following is true regarding a product's progression through the product life cycle?

a) The product stages always go one way, and a product's progression through the stages cannot be reversed.

b) Some products that have moved to the maturity stage or to the decline stage can still rebound through redesign or new uses for the product.

c) Even when products start to decline and new products are introduced to take their place, it can be detrimental to a company's business to phase out any of its products.

d) The only stage in which the product profits is the introductory stage.

e) It is not unusual for technology products to go slowly through the life cycle because these products maintain traction longer than other types of products.

3) Martin's Cleaning Supplies Company has an idea for a cleaner that is universal and can clean any surface type. This could simplify the cleaning process for homeowners as well as janitors and other professional cleaners. The most important question this company should consider when deciding whether to develop this product, in terms of business analysis, is

a) will enough customers want to replace their existing cleaning supplies with this product?

b) how will the product affect the firm's sales, costs, and profits?

c) does this product contain any ingredients that can harm the environment or customers?

d) are there any uses for this product in other industries?

e) can the firm afford to produce this new product?

In: Economics

Auto Renovators2 is a leading classic car restoration company in Australia. The company has been well-known...

Auto Renovators2 is a leading classic car restoration company in Australia. The company has been well-known for renovating thousands of classic cars in Australia according to customers’ orders. In February, the company has worked on five jobs, numbered 301 to 305. Direct materials used, direct labour incurred in February were as shown in the following table.

Order number

Direct material ($)

Direct labour ($)

301

1090

1610

302

770

1410

303

920

1010

304

1070

1910

305

230

610

Manufacturing overheads during February included indirect material ($ 1100), indirect labour ($ 2750), rent ($ 2000), depreciation ($ 1300), insurance ($ 250), utilities ($ 800), and other manufacturing costs ($ 400).

At the beginning of the month, management anticipated that overhead cost would be $ 9100 and total direct labour would amount to $ 6500. Overhead is allocated on the basis of direct labour dollars.

Jobs 301 to 303 were finished during the month; Jobs 304 and 305 is still in process. Jobs 301 to 303 were picked up and paid by customers for $ 6100, $ 4800, $ 3700.

Required

1.       Determine the company’s predetermined overhead rate.

2.       Prepare the journal entries to reflect the following: the incurrence of materials, labour, and actual overhead costs; the allocation of overhead; and the transfer of job costs to finished goods inventory and cost of goods sold (Note: Use summary entries where appropriate by combining individual job data).

3.       In your own words, describe the two different approaches to closing overapplied or underapplied overhead at the end of the month. How do you choose an appropriate method? Calculate the amount of overapplied or underapplied overhead to be closed and prepare an appropriate journal entry.

In: Accounting

Markov Processes (Market Share Analysis) In Westvale, a small rural town in Maine, virtually all shopping...

Markov Processes (Market Share Analysis)
In Westvale, a small rural town in Maine, virtually all shopping and business are done in the town. The town has one farm and garden center that sells fertilizer to the local farmers and gardeners. The center carries three brands of fertilizer--- Plant plus, Crop extra, and Gro-fast--- so every person in the town who uses fertilizer uses one of the three brands. The garden center has 9,000 customers for fertilizer each spring. An extensive market research study has determined that customers switch brands of fertilizer according to the following probability transition matrix

Next Spring

This Spring

Plant Plus (P)

Crop Extra (C)

Gro-fast (G)

Plant Plus (P)

.4

.3

.3

Crop Extra (C)

.5

.1

.4

Gro-fast (G)

.4

.2

.4

The number of customers presently using each brand of fertilizer is shown in the following table

Fertilizer Brand

Customers

Plant Plus

3000

Crop Extra

4000

Gro-fast

2000


A) Determine the steady-state probabilities for the fertilizer brands.
B) Forecast the customer demand for each brand of fertilizer in the long run and the changes in customer demand.

In: Operations Management

A die has been "loaded" so that the probability of rolling any even number is 5...

A die has been "loaded" so that the probability of rolling any even number is

5
27

and the probability of rolling any odd number is

4
27

. (Assume the die is six-sided with each side numbered one through six.)

(a)

Find the following probabilities. Enter your probabilities as fractions.

Pr(2 ∩ even) =
Pr(even) =
Pr(2 | even) =

What is the probability of rolling a 2, given that an even number is rolled?

(b)

Find the following probabilities. Enter your probabilities as fractions.

Pr(3 ∩ (3 or 6)) =
Pr(3 or 6) =
Pr(3 | (3 or 6)) =

What is the probability of rolling a 3, given that a number divisible by 3 is rolled?

A bag contains 5 red balls and 7 white balls. Two balls are drawn without replacement. (Enter your probabilities as fractions.)

(a) What is the probability that the second ball is white, given that the first ball is red?


(b) What is the probability that the second ball is red, given that the first ball is white?


(c) Answer part (a) if the first ball is replaced before the second is drawn.

A red ball and 5 white balls are in a box. If two balls are drawn, without replacement, what is the probability of getting each of the following? (Enter your probabilities as fractions.)

(a) a red ball on the first draw and a white ball on the second


(b) 2 white balls


(c) 2 red balls

In: Statistics and Probability

Allocating Selling and Administrative Expenses using Activity-Based Costing Shrute Inc. manufactures office copiers, which are sold...

Allocating Selling and Administrative Expenses using Activity-Based Costing

Shrute Inc. manufactures office copiers, which are sold to retailers. The price and cost of goods sold for each copier are as follows:

Price$690 per unit

Cost of goods sold(410)

Gross profit$280 per unit

In addition, the company incurs selling and administrative expenses of $263,410. The company wishes to assign these costs to its three major retail customers, The Warehouse, Kosmo Co., and Supply Universe. These expenses are related to its three major nonmanufacturing activities: customer service, sales order processing, and advertising support. The advertising support is in the form of advertisements that are placed by Shrute Inc. to support the retailer's sale of Shrute copiers to consumers. The budgeted activity costs and activity bases associated with these activities are:

ActivityBudgeted Activity CostActivity Base

Customer service $30,030 Number of service requests

Sales order processing 27,880 Number of sales orders

Advertising support 205,500 Number of ads placed

Total activity cost $263,410  

Activity-base usage and unit volume information for the three customers is as follows:

The WarehouseKosmo Co.Supply UniverseTotal

Number of service requests40  10 160 210

Number of sales orders230  100 490 820

Number of ads placed20  20 110 150

Unit volume690  690 690 2,070

Required:

1.   Determine the activity rates for each of the three nonmanufacturing activities. Round to the nearest whole dollar.

Activity Rate

Customer Service$per serv. req.

Sales Order Processing$per sls. order

Advertising Support$per ad

2. Determine the activity costs allocated to the three customers, using the activity rates in (1).

Activity Costs

The Warehouse$

Kosmo Co.$

Supply Universe$

3.   Construct customer profitability reports for the three customers, dated for the year ended December 31, using the activity costs in (2). The reports should disclose the gross profit and operating income associated with each customer.

Shrute Inc.

Customer Profitability Report

For the Year Ended December 31

The WarehouseKosmo Co.Supply Universe

Revenues$$$

Cost of goods sold

Gross profit$$$

Selling and administrative activities:

Customer service$$$

Sales order processing

Advertising support

Total selling and administrative activities$

Operating income$$$

In: Accounting

Mike Greenberg opened Bramble Window Washing Inc. on July 1, 2017. During July, the following transactions...

Mike Greenberg opened Bramble Window Washing Inc. on July 1, 2017. During July, the following transactions were completed.

July 1

Issued 14,900 shares of common stock for $14,900 cash.

1

Purchased used truck for $9,920, paying $2,480 cash and the balance on account.

3

Purchased cleaning supplies for $1,120 on account.

5

Paid $2,280 cash on a 1-year insurance policy effective July 1.

12

Billed customers $4,590 for cleaning services performed.

18

Paid $1,240 cash on amount owed on truck and $620 on amount owed on cleaning supplies.

20

Paid $2,480 cash for employee salaries.

21

Collected $1,980 cash from customers billed on July 12.

25

Billed customers $3,100 for cleaning services performed.

31

Paid $360 for maintenance of the truck during month.

31

Declared and paid $740 cash dividend.


The chart of accounts for Bramble Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation—Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense, Supplies Expense, Depreciation Expense, Insurance Expense, and Salaries and Wages Expense.

1. Journalize the July transactions.

2. Post to the ledger accounts.

3. Prepare a trial balance at July 31.

4.

Journalize the following adjustments.

(1)

Services performed but unbilled and uncollected at July 31 were $2,110.

(2)

Depreciation on equipment for the month was $220.

(3)

One-twelfth of the insurance expired.

(4)

A count shows $400 of cleaning supplies on hand at July 31.

(5)

Accrued but unpaid employee salaries were $500.

5.

Post adjusting entries to the T-accounts.

Cash

7/1

14,900

7/1

2,480

7/21

1,980

7/5

2,280

7/18

1,860

7/20

2,480

7/31

360

7/31

740

7/31 Bal.

6,680

6. Prepare an adjusted trial balance.

7. Prepare the income statement for July.

8. Prepare a retained earnings statement for July. (List items that increase retained earnings first.)

9. Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.)

10. Journalize and post closing entries and complete the closing process.

In: Accounting