Questions
CNY Coffee Inc. uses three types of coffee beans (Columbia, Java, and Brazil) as mixtures to...

CNY Coffee Inc. uses three types of coffee beans (Columbia, Java, and Brazil) as mixtures to manufacture its two coffee products (Energy, and Everyday). The cost per pound, the availability, and rating information of the coffee beans are as follows.

Coffe Bean Cost Per Pound Caffeine Rating Taste Ratting Aroma Rating Available Pounds
Columbia $2.25 68 90 88 695
Java $1.70 78 63 77 880
Brazil $1.95 85 80 95 955

Coffee product tests are used to provide ratings on a scale of 0-100, with higher ratings indicating higher product performance. Here are the two coffee products and their product information:

Coffee Product Selling Price per Pound Product Segment Product Information
Energy $4.95 High Caffeine Caffeine level rates at least 75 or higher; Taste level rates at least 77 or higher; No Aroma level requirement
Everyday $3.15 Low Price No requirement on caffeine level; Tastes level rates between 70 and 75; Aroma level rates no more than 85.

Due to the popular demand of the low-price segment, at least 920 pounds of Everyday must be produced.

Set up and list the linear programming model for the above problem. (You do not need to solve the listed model).

In: Advanced Math

On June 30, 2021, Singleton Computers issued 4% stated rate bonds with a face amount of...

On June 30, 2021, Singleton Computers issued 4% stated rate bonds with a face amount of $100 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 5% (2.5% semiannual rate). Interest is paid semiannually (2.0%) on June 30 and December 31, beginning on December 31, 2021. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1.
Determine the price of the bonds on June 30, 2021.
2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method.

  • Required 1
  • Required 2

Determine the price of the bonds on June 30, 2021. (Enter your answers in whole dollars. Round percentage answers to one decimal place. Round your final answers to nearest whole dollar amount.)

Table values are based on:
n =
i =
Cash Flow Amount Present Value
Interest
Principal
Price of bonds

Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount.)

Period-End Cash Interest Paid Bond Interest Expense Premium Amortization Carrying Value
06/30/2021
12/31/2021

In: Accounting

he Chromosome Manufacturing Company produces two products, X and Y. The company president, Jean Mutation, is...

he Chromosome Manufacturing Company produces two products, X and Y. The company president, Jean Mutation, is concerned about the fierce competition in the market for product X. She notes that competitors are selling X for a price well below Chromosome's price of $12.70. At the same time, she notes that competitors are pricing product Y almost twice as high as Chromosome's price of $12.50. Product X Product Y Number of Units 11,000 3,000 Direct materials cost per unit $3.23 $3.09 Direct labor cost per unit $2.22 $2.10 Direct labor hours 10,000 2,500 Machine hours 2,100 2,800 Inspection hours 80 100 Purchase orders 10 30 Ms. Mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. The overhead costs for this time period consisted of the following items: Ms. Mutation has obtained the following data for a recent time period: Overhead Cost Item Amount Inspection costs $16,200 Purchasing costs $8,000 Machine costs $49,000 Total $73,200

Using Direct labor Hours to allocate overhead costs determine the gross margin per unit for Product X Using ABC for overhead allocation, determine the gross margin per unit for Product Y.

In: Accounting

4A. When the price of normal good N increases, the amount of N consumed decreases. The...

4A. When the price of normal good N increases, the amount of N consumed decreases. The part of the decrease in N consumption due to an increase in the relative price of N is

a the marginal rate of substitution

b the income effect.

c marginal utility.

d the substitution effect.

e the network externality effect.

4B Which of the following statements about a Giffen good is false?

A For a Giffen good, the income effect dominates the substitution effect.

B Researchers have found that quinine water is a Giffen good for rats.

C A Giffen good is an inferior good.

D For a Giffen good, the income effect and the substitution effect work in opposite directions.

E A Giffen good has a negatively sloped demand curve.

4C Floyd prefers pizza to hamburgers; he prefers hamburgers to tacos; and he prefers pizza to tacos. In addition, he prefers eating less tacos than eating more tacos. Based on the information provided, which assumption(s) is satisfied by Floyd?

A Desirability and Transitivity.

B Transitivity only.

c Desirability only.

D Neither Desirability nor Transitivity.

4D. As the price of good X increases from $10 to $16, the quantity demanded falls from 100 to 80. Based upon this information, we can conclude that the demand for X is

A positively sloped.

B of unitary elasticity.

C inelastic.

D elastic.

In: Economics

K Co. is a publicly listed company involved in the production of highly technical and sophisticated...

K Co. is a publicly listed company involved in the production of highly technical and sophisticated electronic components for complex machinery. It has a number of diverse and popular products, an active research and development department, significant cash reserves and a highly talented management who are very good in getting products to market quickly.

A new industry that K Co. is looking to venture into is biotechnology, which has been expanding rapidly and there are strong indications that this recent growth is set to continue. However, K Co. has limited experience in this industry. Therefore, it believes that the best and quickest way to expand would be through acquiring a company already operating in this industry sector.

Discussions taken place about the possibility of acquiring Tee Co. being acquired by K Co. Price of Tee company in stock market during last one year are as follows.

Price at the end of month

Month

Month end Price

KSE 100 INDEX

Jan

175

32600

Feb

185

33900

March

152

33500

April

190

34000

May

195

33500

June

188

33800

July

190

33700

Aug

195

33200

Sep

190

32900

Oct

185

33100

Nov

190

33900

Dec

88

34100

  1. Calculate average return for both stock and market
  2. Calculate Standard deviation for both
  3. Calculate coefficient of variation for both
  4. Calculate Beta of stock
  5. Suggest what you understand from Beta

In: Finance

K Co. is a publicly listed company involved in the production of highly technical and sophisticated...

K Co. is a publicly listed company involved in the production of highly technical and sophisticated electronic components for complex machinery. It has a number of diverse and popular products, an active research and development department, significant cash reserves and a highly talented management who are very good in getting products to market quickly.

A new industry that K Co. is looking to venture into is biotechnology, which has been expanding rapidly and there are strong indications that this recent growth is set to continue. However, K Co. has limited experience in this industry. Therefore, it believes that the best and quickest way to expand would be through acquiring a company already operating in this industry sector.

Discussions taken place about the possibility of acquiring Tee Co. being acquired by K Co. Price of Tee company in stock market during last one year are as follows.

Price at the end of month

Month

Month end Price

KSE 100 INDEX

Jan

175

32600

Feb

185

33900

March

152

33500

April

190

34000

May

195

33500

June

188

33800

July

190

33700

Aug

195

33200

Sep

190

32900

Oct

185

33100

Nov

190

33900

Dec

88

34100

  1. Calculate average return for both stock and market
  2. Calculate Standard deviation for both
  3. Calculate coefficient of variation for both
  4. Calculate Beta of stock
  5. Suggest what you understand from Beta

In: Finance

2) The following table gives the price (in dollars), weight (in pounds), amps, and maximum cutting...

2) The following table gives the price (in dollars), weight (in pounds), amps, and maximum cutting depth (in inches) for a collection of 19 circular saws.

Price Weight Amps Depth
150 11 15 2.4
110 12 15 2.2
130 11 15 2.4
150 11 15 2.3
140 12 15 2.4
100 11 15 2.4
150 13 15 2.5
90 9 10 2.5
140 11 15 2.4
110 12 15 2.4
70 12 14 2.4
30 10 10 2.5
80 12 13 2.4
50 11 13 2.4
80 13 14 2.4
30 10 12 2.5
50 11 12 2.5
45 11 12 2.5
40 10 12 2.4

a) Make a prediction about the impact of each independent variable on the dependent variable. b) Use graphical summaries to examine the relationship between each pair of variables. What do you see? Are there any unusual observations or outliers? Does the data support your predictions? c) Write the regression equation. d) Estimate the regression model. Interpret the estimated coefficients. e) Predict the price of a circular saw that weighs 10 pounds, uses 12 amps of current, and has a maximum cutting depth of 2.5 inches. f) Describe the fit of the model.

In: Statistics and Probability

Broadway Company produces and sells two models of calculators. The following monthly data are provided: Standard...

Broadway Company produces and sells two models of calculators. The following monthly data are provided:

Standard Premium
Unit selling price $ 100 $ 150
Unit variable manufacturing cost $ 60 $ 90
Unit variable selling and administrative cost $ 15 $ 30
Number of units produced and sold 3,000 1,000

Total monthly fixed costs are expected to be $15,000. What is the break-even point in sales dollars at the expected sales mix? (Do not round your intermediate calculations.)

$19,231

$43,478

$68,182

$64,286

When drawing a cost-volume-profit graph, how are the axes labeled?

The horizontal axis would be labeled with dollars (of cost or revenue), while the vertical axis would be labeled with number of units (volume or activity).

The horizontal axis would be labeled with dollars (of total fixed costs), while the vertical axis would be labeled with dollars (of total variable costs).

The horizontal axis would be labeled with number of units (volume or activity), while the vertical axis would be labeled with dollars (of cost or revenue).

None of these answers is correct.

When performing sensitivity analysis, which of the following is an example of a variable that management may consider changing to answer "what if" questions?

Variable cost per unit

Sales price per unit

Fixed cost per unit

Both Variable cost per unit and Sales price per unit are correct.

In: Accounting

As of January 1, 2017, Waterway Inc. adopted the retail method of accounting for its merchandise...

As of January 1, 2017, Waterway Inc. adopted the retail method of accounting for its merchandise inventory. To prepare the store’s financial statements at June 30, 2017, you obtain the following data. Cost Selling Price Inventory, January 1 $33,000 $42,800 Markdowns 9,800 Markups 9,800 Markdown cancellations 6,000 Markup cancellations 3,200 Purchases 96,328 152,400 Sales revenue 151,900 Purchase returns 2,800 4,100 Sales returns and allowances 7,700 Compute Waterway’s June 30, 2017, inventory under the conventional retail method of accounting for inventories. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Inventory under the conventional retail method Without prejudice to your solution to part (a), assume that you computed the June 30, 2017, inventory to be $60,480 at retail and the ratio of cost to retail to be 77.10%. The general price level has increased from 100 at January 1, 2017, to 108 at June 30, 2017. Compute the June 30, 2017, inventory at the June 30 price level under the dollar-value LIFO retail method. (Round ratios for computational purposes to 2 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory at dollar-value LIFO cost $

In: Accounting

Question 1. Margin Account and Settlement                  (6 marks) Suppose that you bought two one-year gold futures...

Question 1. Margin Account and Settlement                 

Suppose that you bought two one-year gold futures contracts when the one-year futures price of gold was US$1,340.30 per troy ounce. You then closed the position at the end of the sixth trading day. The initial margin requirement is US$5,940 per contract, and the maintenance margin requirement is US$5,400 per contract. One contract is for 100 troy ounces of gold. The daily prices on the intervening trading days are shown in the following table.

Day

Settlement Price

0

1340.30

1

1345.50

2

1339.20

3

1330.60

4

1327.70

5

1337.70

6

1340.60

Assume that you deposit the initial margin and do not withdraw the excess on any given day. Whenever a margin call occurs on Day t, you would make a deposit to bring the balance up to meet the initial margin requirement at the start of trading on Day t+1, i.e., the next day.   

b.       Fill the appropriate numbers in the blank cells in the following table.

Day

Settlement price per troy ounce

Mark-to-Market

Other Entries

Account Balance

Explanation

Margin Call? Y/N

0

$1340.30

1

$1345.50

2

$1339.20

3

$1330.60

4

$1327.70

5

$1337.70

6

$1340.60

In: Finance