The following events took place for Video Wave Manufacturing Company during January 2016, the first month of its operations as a producer of digital video monitors:
| a. Purchased $137,200 of materials. | |
| b. Used $94,320 of direct materials in production. | |
| c. Incurred $180,640 of direct labor wages. | |
| d. Incurred $212,320 of factory overhead. | |
| e. Transferred $427,800 of work in process to finished goods. | |
| f. Sold goods with a cost of $360,250. | |
| g. Earned revenues of $655,000. | |
| h. Incurred $86,160 of selling expense. | |
| i. Incurred $70,250 of administrative expense. |
| Required: | |||||
Using the information given,
complete the following:
|
Amount Descriptions
| Amount Descriptions | |
| Administrative expenses | |
| Cost of goods sold | |
| Gross profit | |
| Net income | |
| Sales | |
| Selling expenses |
Income Statement
Using the information given, prepare the January 2016 income statement for Video Wave Manufacturing Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.
|
Video Wave Manufacturing Company |
|
Income Statement |
|
For the Month Ended January 31, 2016 |
|
1 |
|||
|
2 |
|||
|
3 |
|||
|
4 |
Operating expenses: |
||
|
5 |
|||
|
6 |
|||
|
7 |
Total operating expenses |
||
|
8 |
Inventory Balances
Using the information given, determine the inventory balances at the end of the first month of operations.
| Materials | |
| Work in process | |
| Finished goods |
In: Accounting
| Clark Industries has a defined benefit pension plan that specifies annual retirement benefits equal to: |
| 1.5% × Service years × Final year’s salary |
|
Stanley Mills was hired by Clark at the beginning of 1997. Mills is expected to retire at the end of 2041 after 45 years of service. His retirement is expected to span 15 years. At the end of 2016, 20 years after being hired, his salary is $90,000. The company’s actuary projects Mills’s salary to be $370,000 at retirement. The actuary’s discount rate is 6%. Required:
|
In: Accounting
QUESTION 4
PARTNERSHIPS
(20)
The information given below was extracted from the accounting records of Salmon Traders, a partnership business with Sally and Monty as partners. The financial year ends on the last day of February each year.
REQUIRED
Prepare the following accounts in the General ledger of Salmon Traders:
4.1 Current a/c: Monty (Balance the account.)
(7)
4.2 Appropriation account (Close off the account.)
(13)
INFORMATION
Balances in the ledger on 28 February 2017
R
Capital: Sally
400 000
Capital: Monty
200 000
Current a/c: Sally (01 March 2016)
20 000
(DR)
Current a/c: Monty (01 March 2016)
33 000
(CR)
Drawings: Sally
200 000
Drawings: Monty
180 000
The following must be taken into account:
(a)
The net profit according to the Profit and Loss account amounted to R500 000 on 28 February 2017.
(b)
The partnership agreement makes provision for the following:
■
Interest on capital must be provided at 15% per annum on the balances in the capital accounts. Note: Sally increased his capital by R100 000 on 01 September 2016. Monty decreased his capital by R100 000 on the same date. The capital changes have been recorded.
■
The partners are entitled to the following monthly salaries:
Sally
R12 000
Monty
R13 000
Note: The partners’ salaries were increased by 10% with effect from 01 December 2016.
■
Sally and Monty share the remaining profits or losses in the ratio of their capital balances as at the beginning of the financial year
In: Accounting
QUESTION 4 PARTNERSHIPS (20)
The information given below was extracted from the accounting records of Salmon Traders, a partnership business with Sally and Monty as partners. The financial year ends on the last day of February each year.
REQUIRED
Prepare the following accounts in the General ledger of Salmon Traders:
4.1 Current a/c: Monty (Balance the account.) (7)
4.2 Appropriation account (Close off the account.) (13)
INFORMATION
|
Balances in the ledger on 28 February 2017 |
|
|
R |
|
|
Capital: Sally |
400 000 |
|
Capital: Monty |
200 000 |
|
Current a/c: Sally (01 March 2016) (DR) |
20 000 |
|
Current a/c: Monty (01 March 2016) (CR) |
33 000 |
|
Drawings: Sally |
200 000 |
|
Drawings: Monty |
180 000 |
The following must be taken into account:
(a) The net profit according to the Profit and Loss account amounted to R500 000 on 28 February 2017.
(b) The partnership agreement makes provision for the following:
■ Interest on capital must be provided at 15% per annum on the balances in the capital accounts. Note: Sally increased his capital by R100 000 on 01 September 2016. Monty decreased his capital by R100 000 on the same date.
■ The partners are entitled to the following monthly salaries:
Sally R12 000
Monty R13 000
Note: The partners’ salaries were increased by 10% with effect from 01 December 2016.
■ Sally and Monty share the remaining profits or losses in the ratio of their capital balances as at the beginning of the financial year.
In: Accounting
Question 4
The information given below as extracted from the accounting records of Salmon Traders, a partnership business with Sally and Monty as partners. The financial year ends on the last day of February each year.
Required
4.1 Prepare the following accounts in the general ledger of Salmon traders:
4.1 Current a/c: Monty (Balance the account)
4.2 Appropriation account Close off the account)
|
Balances in the ledger on 28 February 2017 |
|
|
R |
|
|
Capital: Sally |
400 000 |
|
Capital: Monty |
200 000 |
|
Current a/c :Sally (01 March 2016) |
20 000 (DR) |
|
Current a/c Monty(01 March 2016) |
33 000 (CR) |
|
Drawings :Sally |
200 000 |
|
Drawings: Monty |
180 000 |
The following must be taken into account:
(a) The net profit according to the Profit and Loss Account amounted to R500 000 on 28 February 2017.
(b) The partnership agreement makes provision for the following:
· Interest on capital must be provided at 15% per annum on the balances in the capital accounts. Note: Sally increased his capital by R100 000 on 01 September 2016.Monty decreased his capital by R100 000 on the same date. The capital changes have been recorded.
· The partners are entitled to the following salaries Sally R12 000/ Monty R13 000.Note: The partner’s salaries were increased by 10% with effect from 01 December 2016.
· Sally and Monty share the remaining profits or losses in the ratio of their capital balances as at the beginning off the financial year.
In: Accounting
|
Expected return |
|||
|
Year |
Asset A |
Asset B |
Asset C |
|
2013 |
16 |
17 |
14 |
|
2014 |
17 |
16 |
15 |
|
2015 |
18 |
15 |
16 |
|
2016 |
19 |
14 |
17 |
Using these assets, you have isolated three investment alternatives:
|
Option |
Investment |
|
1 |
100% of asset A |
|
2 |
50% of asset A and 50% of asset B |
|
3 |
50% of asset A and 50% of asset C |
|
Expected return |
|||
|
Year |
Asset A |
Asset B |
Asset C |
|
2013 |
16 |
17 |
14 |
|
2014 |
17 |
16 |
15 |
|
2015 |
18 |
15 |
16 |
|
2016 |
19 |
14 |
17 |
Using these assets, you have isolated three investment alternatives:
|
Option |
Investment |
|
1 |
100% of asset A |
|
2 |
50% of asset A and 50% of asset B |
|
3 |
50% of asset A and 50% of asset C |
PLEASE STATE ALL THE FORMULAS CLEARLY AND DUN ANS IN EXCEL.
In: Finance
Design a Ship class that has the following members:
• A member variable for the name of the ship (a string)
• A member variable for the year that the ship was built (a
string)
• A constructor and appropriate accessors and mutators
• A virtual print function that displays the ship’s name and the
year it was built.
Design a CruiseShip class that is derived from the Ship class.
The CruiseShip class
should have the following members:
• A member variable for the maximum number of passengers (an int
)
• A constructor and appropriate accessors and mutators
• A print function that overrides the print function in the base
class. The CruiseShip class’s print function should display only
the ship’s name and the maximum number of passengers.
Design a CargoShip class that is derived from the Ship class.
The CargoShip class
should have the following members:
• A member variable for the cargo capacity in tonnage (an int
).
• A constructor and appropriate accessors and mutators.
• A print function that overrides the print function in the base
class. The CargoShip class’s print function should display only the
ship’s name and the ship’s cargo capacity.
After you have created these classes, create a driver program that defines an array pointers to your abstract base class Ship. It should present a menu to allow the user to enter a Cruise Ship or a Cargo Ship. When the user selects cruise ship, it should prompt them for the name, year built, and the number of passengers. When the user selects cargo ship, it should prompt them ffor the name, year built, and the maxium cargo load (in tons). Each selection should create an object that can be stored into your array of pointers. When the program exits, it should display the history of the session which includes each of the objects the user created which will be a combination of cruise ships and cargo ships. An example output is shown here:
Menu
1. Cruise Ship
2. Cargo Ship
3. Quit
Please make your selection: 2
Please enter the name of the ship: Big Bertha
Please enter the year the ship was built: 1975
Please enter the capacity (tons): 50000
Menu
1. Cruise Ship
2. Cargo Ship
3. Quit
Please make your selection: 1
Please enter the name of the ship: Disney Magic
Please enter the year the ship was built: 1998
Please enter the capacity (passengers): 2400
Menu
1. Cruise Ship
2. Cargo Ship
3. Quit
Please make your selection: 3
The history of your session is
Selected Cargo Ship
Name: Big Bertha
Year: 1975
Capacity (tons): 50000
Selected Cruise Ship
Name: Disney Magic
Year: 1998
Capacity (passengers): 2400
In: Computer Science
please , im sorting by name, address, dependent and hours. i got a lot of errors i need help please. Thanks
package application;
import java.io.BufferedReader;
import java.io.IOException;
import java.io.InputStreamReader;
import java.util.*;
class Emprec {
String name;
String address;
double hours;
double rate;
int dependents;
char gender;
boolean degree;
// This is the classes's constructor !!!!
Emprec(String name, String address, String hours,String dependents) {
try {
this.name = name;
this.address = address;
this.hours = Double.valueOf(hours).doubleValue();
this.dependents = Integer.parseInt(dependents);
} catch (NumberFormatException errmsg) {
System.out.println("Invalid format" + errmsg);
this.name = "";
this.hours = 0.0;
}// catch
}// Emprec constructor !!!!
double calc_fed_tax(double hours, double rate) {
double yearly_income;
yearly_income = hours * rate * 52;
if (yearly_income < 30000.00)
return (hours * rate * .28);
else if (yearly_income < 50000.00)
return (hours * rate * .32);
else
return (hours * rate * .38);
}// calc_fed_tax
double calc_state_tax(double hours, double rate) {
double state_tax;
state_tax = hours * rate * .0561;
return (state_tax);
}// calc_state_tax
public void setName(String name) {
this.name = name;
}
public String getName() {
return name;
}
public String getAddress() {
return address;
}
public double getHours() {
return hours;
}
public int getDependents() {
return dependents;
}
public double getRate(){
return rate;
}
public char getGender(){
return gender;
}
public String toString() {
return ("\n Name: " + name +
"\n Address: " + address +
"\n Hours: " + hours+
"\n Dependents " + dependents);
}// toString
}// Emprec
public abstract class CompDemo3Sorts_Improved {
public abstract void main(String args[]);{
Scanner sc=new Scanner(System.in);
System.out.println("Enter the fields to sort by");
String s=sc.next();
if(s=="name"){
String str[]=name.split(" ");
List<String> slist= new ArrayList<String>();
str=Arrays.asList(str);
List<String> sortedList=slist.stream().sorted().collect().(collector().toList());
sortedList.forEach(System.out.println());
}
if(s=="address"){
String str1[]=address.split(" ");
List<String> slist1= new ArrayList<String>();
str1=Arrays.asList(str1);
List<String> sortedList=slist1.stream().sorted().collect().(collector().toList());
sortedList.forEach(System.out.println());
}
if(s=="hours"){
String str2[]=hours.split(" ");
List<String> slist2= new ArrayList<String>();
str2=Arrays.asList(str2);
List<String> sortedList=slist2.stream().sorted().collect().(collector().toList());
sortedList.forEach(System.out.println());
}
if(s=="dependent"){
String str[]3=dependent.split(" ");
List<String> slist3= new ArrayList<String>();
str3=Arrays.asList(str3);
List<String> sortedList=slist3.stream().sorted().collect().(collector().toList());
sortedList.forEach(System.out.println());
}
}}
In: Computer Science
Challenge: Dog
Description: Create a Dog class that contains specified properties and methods. Create an instance of Dog and use its methods.
Purpose: This application provides experience with creating classes and instances of objects in C#.
Requirements:
Project Name: Dog
Target Platform: Console
Programming Language: C#
Documentation:
Create a class called Dog.
Dog is to have the following public properties:
Gender is a enum type you need to create that contains Male and Female.
Create a constructor (Links to an external site.) in the class to initialize all of the properties when creating an instance.
Create a method (function in the class) called Bark that takes one parameter that is the number of times to bark and prints “Woof!” that many times to the Console.
Create a method called GetTag that takes no parameters and returns a string. The method returns “If lost, call [owner]. [‘Her’|‘His’] name is [name] and [‘she’|‘he’] is [age] [‘year’|‘years’] old.”
[owner] means replace with the name of the owner.
[‘Her’|‘His’] means choose to display “Her” or “His” based on the gender of the Dog.
[name] means replace with the name of the Dog.
[‘she’|‘he’] means choose to display “she” or “he” based on the gender of the Dog.
[‘year’|‘years’] means to choose to display “year” or “years” depending on the age of the Dog. If age is 1, use “year”. If any other age, use “years”.
In the Main function of the application, test that instances of Dog can be created and that the methods work. In the following, “Orion” is the name of the Dog instance, “Shawn” is the owner, 1 is the age, and Gender.Male is the gender.
Dog puppy = Dog("Orion", "Shawn", 1, Gender.Male); // create object instance
puppy.Bark(3); // output: Woof!Woof!Woof!
Console.WriteLine(puppy.GetTag()); // output: If lost, call Shawn. His name is Orion and he is 1 year old.
Dog myDog = Dog("Lileu", "Dale", 4, Gender.Female); // create object instance
myDog.Bark(1); // output: Woof!
Console.WriteLine(myDog.GetTag()); // output: If lost, call Dale. Her name is Lileu and she is 4 years old.
Submission
You are to submit a zip file of the project directory for the application you create. The entire project is to be submitted. Find the project folder that holds the Visual Studio project and zip it.
When you finish can you send pictures of the code with spacing
In: Computer Science
An emf max sin ωt, with max = 0.40 V and ω = 3.30 103 radians/s, is applied to the terminals of a capacitor with C = 1.6 pF. What is the displacement current between the capacitor plates?
______________ cos(ωt) A
In: Physics