Questions
Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at...

Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows.

Cutting Department

Production Data—July

T12-Tables

Work in process units, July 1 0
Units started into production 21,000
Work in process units, July 31 3,150
Work in process percent complete 60

Cost Data—July

Work in process, July 1

$0

Materials

399,000

Labor

246,120

Overhead

109,200

   Total

$754,320

(a1)

Compute the physical units of production.

T12 Tables

Units to be accounted for

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10% score reduction after attempt 2

(a2)

Compute equivalent units of production for materials and for conversion costs.

Materials

Conversion Costs

T12 Tables

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Using multiple attempts will impact your score.

10% score reduction after attempt 2

(a3)

Determine the unit costs of production.

Materials

Conversion Costs

Total Costs

Unit costs-T12 Tables

$

$

$

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10% score reduction after attempt 2

(a4)

Show the assignment of costs to units transferred out and in process.

T12 Tables

Costs accounted for:

   Transferred out

$

   Work in process

      Materials

$

      Conversion costs

         Total costs

$

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10% score reduction after attempt 2

(b)

Prepare the production cost report for July 2020.

THAKIN INDUSTRIES INC.
Cutting Department—Plant 1
Production Cost Report
For the Month Ended July 31, 2020

Equivalent Units

Quantities

Physical
Units


Materials

Conversion
Costs

Units to be accounted for

   Work in process, July 1

   Started into production

      Total units

Units accounted for

   Transferred out

   Work in process, July 31

      Total units


Costs


Materials

Conversion
Costs


Total

Unit costs

   Total Costs

$

$

$

   Equivalent units

   Unit costs

$

$

$

Costs to be accounted for

   Work in process, July 1

$

   Started into production

      Total costs

$

Cost Reconciliation Schedule

Costs accounted for

   Transferred out

$

   Work in process, July 31

      Materials

$

      Conversion costs

   Total costs

$

In: Accounting

Table 1: ANNUAL RETURNS (%) Lyx Malaysia Lyx Singapore Lyx USDJIA Lyx would 2009 2.00 5.86...

Table 1: ANNUAL RETURNS (%)

Lyx Malaysia

Lyx Singapore

Lyx USDJIA

Lyx would

2009

2.00

5.86

5.56

7.69

2010

4.25

22.40

6.11

5.79

2011

-29.40

-27.07

7.94

-3.28

2012

13.23

0.06

18.29

20.75

2013

8.86

-6.84

17.09

14.14

2014

2.31

33.87

14.20

15.06

2015

-2.96

-9.28

-4.71

-4.28

Table 2: PORTFOLIO WEIGHTS (%)

Assets

Exising Portfolio Weights

New Portfolio Weights

Lyx Malaysia

60

40

Lyx Singapore

40

30

Lyx USDJIA

30

Questions:

  1. Using the given information in Table 1, calculate the mean return, standard deviation, covariance and correlation for the given stocks.

  2. Calculate the return and standard deviation for the portfolio consisting of the two stocks.

  3. After adding the stock Lyx USDJIA, what is the portfolio return and standard deviation? How does the new portfolio differ from the first portfolio calculate in question 2?

  4. Basedonyouranalysis,explainshouldAlbertdiversifyhisportfolioorremain invested in Malaysia and Singapore only?

  5. Calculate beta for the current portfolio and the new portfolio. Assuming a risk free rate of 2.5% and a market risk premium of 5.5% and calculate the expected return for both portfolios.

In: Accounting

Subjects with pre-existing cardiovascular symptoms who were receiving subitramine, an appetite suppressant, were found to be...

Subjects with pre-existing cardiovascular symptoms who were receiving subitramine, an appetite suppressant, were found to be at increased risk of cardiovascular events while taking the drug. The study included 9807 overweight or obese subjects with pre-existing cardiovascular disease and/or type 2 diabetes. The subjects were randomly assigned to subitramine (4909 subjects) or a placebo (4898 subjects) in a double-blind fashion. The primary outcome measured was the occurrence of any of the following events: nonfatal myocardial infarction or stroke, resuscitation after cardiac arrest, or cardiovascular death. The primary outcome was observed in 562 subjects in the subitramine group and 493 subjects in the placebo group.

Do the data give good reason to think that there is a difference between the proportions of treatment and placebo subjects who experienced the primary outcome? (Note that sibutramine has not been available in the United States since the end of 2010 due to its manufacturer's concerns over increased risk of heart attack or stroke, although at the present time it can still be purchased in other countries.)

State hypotheses, find the test statistic, and the P-value. (Round your test statistic to two decimal places and your P-value to four decimal places.)

In: Statistics and Probability

     Meadows Laboratories holds a valuable patent for a “gazak”. The history of costs      associated...

     Meadows Laboratories holds a valuable patent for a “gazak”. The history of costs

     associated with the “gazak” are as follows.

           Date                 Activity          Cost

     2000 – 2001     Research conducted to develop “gazak”                       $117,000

     Mar. 2002         Design and construction of a prototype                             81,500

     Oct. 2002          Testing simulations                                                           36,750

     Feb. 2003         Redesigning based on simulation results                         41,250

     Apr. 2004          Legal fees paid for patent granted May, 2004                   69,955

     May. 2008         Legal fees paid to successfully defend patent                  23,205

     Jan. 2010          Research aimed at modifying the “gazak” design             17,500

     Oct. 2013          Legal fees paid to successfully defend patent                  11,240

     Meadows assumed a useful life of 17 years for the patent in May, 2004. On January

     1, 2012, it revised its useful life estimate downward to 6 remaining years.

     Amortization is computed for a full year if the cost is incurred prior to July 1, and no

     amortization for the year if the cost is incurred after June 30. The company’s year

     ends December 31.

Instructions – Compute the carrying value of the “gazak” on each of the following dates:

  1. December 31, 2005
  2. December 31, 2008
  3. December 31, 2011
  4. December 31, 2013
  5. December 31, 2015

In: Accounting

Database Normalization Please if you don't know the answer don't comment as "Need More Information." Please...

Database Normalization

Please if you don't know the answer don't comment as "Need More Information."
Please answer it in a table form with the data included as per table A and table B.

Introduction:
This lab is designed to help you with practicing normalization concepts implementation.

Submission:
After finishing the task below, convert the word file to a PDF document and submit it to Brightspace.

Task:
Using this file, normalize the following tables to be in the third normal form. Remember to consider having the data when you do the normalization.

Course_Title Course_Credit_Hours Professor_ID Professor_Name First_day_work Professor Specialization_ID Professor Specialization
Accounting, Finance 3,3 234 Patric 14/2/2008 7 Accounting
Marketing, Business administration 3,2 564 Mary 15/4/2010 5 Business Management

Notes: • Every course can be taught by more than one professor and each professor can teach more than one course.

Table B

Employee_ID (P.K) Project_ID (P.K) E_Name P_Name E_Assigned_Hours
100 101 Cedric Acct. 13
200 110 Natali Finance 15
300 111 Maria BD 12

Marking Criteria:
• Entities titles
• Attributes:
• PKs:
• FKs:
• Relationships:
• Handling data:

In: Computer Science

Black Friday - the annual shopping tradition the day after Thanksgiving - is often the day...

Black Friday - the annual shopping tradition the day after Thanksgiving - is often the day which puts retailers "in the black." According to a CNN Money report, consumers spent an average of $378.84 on Black Friday in 2010 with a standard deviation of $247.23. Draw and label a normal curve which would be used to describe the Black Friday expenditures. Based on the values calculated, would it be reasonable to assume the money spent is normally distributed? It is not reasonable to assume the amount of money spent by Black Friday shoppers is normally distributed. It is reasonable to assume the amount of money spent by Black Friday shoppers is normally distributed Completely describe the sampling distribution of the sample mean Black Friday expenditure when samples of size 84 are selected. Mean: μ ¯ y = Standard deviation: σ ¯ y = (round to 4 decimal places) Shape:the distribution of ¯ y is because Using the distribution described in part b, what is the probability of observing a sample mean of $454.633 or more? z = (round to 2 decimal places) probability = (include 4 decimal places) Based on the probability found, what conclusion can be reached? The probability would be classified as . So, there sufficient evidence to conclude the mean amount spent by customers on Black Friday is greater than 378.84.

In: Statistics and Probability

Marigold Inc.’s only temporary difference at the beginning and end of 2019 is caused by a...

Marigold Inc.’s only temporary difference at the beginning and end of 2019 is caused by a $3,600,000 deferred gain for tax purposes for an installment sale of a plant asset, and the related receivable (only one-half of which is classified as a current asset) is due in equal installments in 2020 and 2021. The related deferred tax liability at the beginning of the year is $1,440,000. In the third quarter of 2019, a new tax rate of 20% is enacted into law and is scheduled to become effective for 2021. Taxable income for 2019 is $6,000,000, and taxable income is expected in all future years.

Prepare the journal entry necessary to adjust the deferred tax liability when the new tax rate is enacted into law. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation

Debit

Credit

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

Draft the income tax expense portion of the income statement for 2019. Begin with the line “Income before income taxes.” Assume no permanent differences exist. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Marigold Inc.’s
Income Statement (Partial)

choose the accounting period                                                                      December 31, 2019For the Year Ended December 31, 2019For the Quarter Ended December 31, 2019

select an opening name for this partial income statement                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$enter a dollar amount

select an income statement section name                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

select an income statement item                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$enter a dollar amount

select an income statement item                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

enter a dollar amount

enter a total of the two previous amounts

select a closing name for this statement                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$enter a total net income or loss amount

In: Accounting

For the company Coca-cola: a. calculate Economic Value Added (EVA) over the most recent annual period....

For the company Coca-cola:

a. calculate Economic Value Added (EVA) over the most recent annual period. Assume a 10 percent cost of capital and explain your results.

b. estimate the firm’s expected growth rate using the Gordon Growth Model and an expected return on the company’s stock of 10%. Compare these results with a close competitor.

c. estimate the firms’ weighted average cost of capital (WACC) after taxes. Use the capital asset pricing model (CAPM) to estimate the cost of common stock equity. Use the yield-to-maturity on the firms’ outstanding debt or an industry average to estimate the cost of debt and a corporate tax rate of 21 percent. Compare and contrast your result with that of a close competitor or industry average.

Market Summary > The Coca-Cola Co

FollowFollowing

NYSE: KO

48.19 USD +0.79 (1.67%)

Closed: May 10, 6:09 PM EDT · Disclaimer

After hours 48.19 0.00 (0.00%)

Max

48.25 USD  ‎4:30 PM

47.047.548.048.5Previous
close
47.40

12:00 PM4:00 PM8:00 PM

Open 47.41
High 48.30
Low 47.40
Mkt cap 205.58B
P/E ratio 30.71
Div yield 3.32%
Prev close 47.40
52-wk high 50.84
52-wk low 41.45

Not sure if this is what you are looking for.

I'm not sure if I am answering your question correctly, can I assume the investment made is $1000

In: Finance

Visit the NASDAQ historical prices weblink. First, set the date range to be for exactly 1...

Visit the NASDAQ historical prices weblink. First, set the date range to be for exactly 1 year ending on the Monday that this course started. For example, if the current term started on April 1, 2018, then use April 1, 2017 – March 31, 2018. (Do NOT use these dates. Use March 18, 2018 - March 17, 2019.) Do this by clicking on the blue dates after “Time Period”. Next, click the “Apply” button. Next, click the link on the right side of the page that says “Download Data” to save the file to your computer.

This project will only use the Close values. Assume that the closing prices of the stock form a normally distributed data set. This means that you need to use Excel to find the mean and standard deviation. Then, use those numbers and the methods you learned in sections 6.1-6.3 of the course textbook for normal distributions to answer the questions. Do NOT count the number of data points.

Complete this portion of the assignment within a single Excel file. Show your work or explain how you obtained each of your answers. Answers with no work and no explanation will receive no credit.

  1. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at more than $1150? (5 points)
  2. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $50 of the mean for that year? (Hint: this means the probability of being between 50 below and 50 above the mean) (5 points)
  3. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than $900 per share. Would this be considered unusal? Use the definition of unusual from the course textbook that is measured as a number of standard deviations (5 points)
  4. At what prices would Google have to close in order for it to be considered statistically unusual? You will have a low and high value. Use the definition of unusual from the course textbook that is measured as a number of standard deviations. (5 points)
  5. What are Quartile 1, Quartile 2, and Quartile 3 in this data set? Use Excel to find these values. This is the only question that you must answer without using anything about the normal distribution. (5 points)
  6. Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Does this distribution have the properties of a normal distribution as described in the course textbook? Real data sets are never perfect, however, it should be close. One option would be to construct a histogram like you did in Project 1 to see if it has the right shape. Something in the range of 10 to 12 classes is a good number. (5 points)

In: Statistics and Probability

Marcia, age 56, is starting to think about retirement. She plans to retire at age 65...

Marcia, age 56, is starting to think about retirement. She plans to retire at age 65 and she expects to liver to age 90. She estimates that she will need $50,000 per year, before tax in retirement to give her the lifestyle she wants. She will receive a non-indexed pension of $25,000 a year plus a combined $12,000 per year in CPP and OAS retirement income. She currently has $70,000 in her RRSP. For planning purposes, Marcia is using a 8% nominal rate of return on savings before retirement and a 6% nominal rate of return during retirement. Inflation is expected to remain at 2% per year throughout her lifetime.

4. What is Marcia’s real rate of return before and after retirement? (ROUND TO 4 DECIMAL

PLACES)

5. What is the present value at retirement of her required retirement income of $50,000 per

year, before tax?

6. What is the present value at retirement of her non-indexed pension?

7. What is the present value at retirement of her CPP and OAS retirement income?

8. Before she retires, Marcia decides that she will deposit $12,000 per year at the end of each year to her RRSP. How much will she have saved in her RRSP by the time she retires? Assume that Marcia will increase her annual deposit for inflation.

9. Based on your answers to the questions above, will Marcia have enough money for retirement? Explain.

Please show all calculations for all parts

In: Finance