Poma Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHs). The company has two products, R78S and N32Y, about which it has provided the following data:
| R78S | N32Y | |
|---|---|---|
| Direct materials per unit | $ 27.20 | $ 54.70 |
| Direct labor per unit | $ 8.80 | $ 22.00 |
| Direct labor-hours per unit | 0.4 | 1.0 |
| Annual production (units) | 35,000 | 10,000 |
The company's estimated total manufacturing overhead for the year is $1,427,040 and the company's estimated total direct labor-hours for the year is 24,000.
The company is considering using a variation of activity-based costing to determine its unit product costs for external reports. Data for this proposed activity-based costing system appear below:
| Activities and Activity Measures | Estimated Overhead Cost |
|---|---|
| Assembling products (direct labor-hours) | $ 672,000 |
| Preparing batches (batches) | 255,840 |
| Product support (product variations) | 499,200 |
| Total | $ 1,427,040 |
| Expected Activity | |||
|---|---|---|---|
| R78S | N32Y | Total | |
| Direct labor-hours | 14,000 | 10,000 | 24,000 |
| Batches | 816 | 1,152 | 1,968 |
| Product variations | 840 | 408 | 1,248 |
The unit product cost of product N32Y under the activity-based costing system is closest to:
A: $136.16
B: $136.00
C: $76.70
D: $59.30
In: Accounting
Using Stoichiometry,calculate the mole quantity of hydrogen gas produced for each data point in Part A and Part B of this experiment using your data. Identify the concentration of HCl (part A) or mass of magnesium (part B)for when the limiting reactant changes. All calculations must be shown.
Part A
1. )0.250 g Mg
2. )0.50 M
3. )1.0 M
4. )1.5 M
5.) 2.0 M
6.) 2.5 M
7.) 3.0 M
8.) 3.5 M
PART B
1. 2.0 M HCl -Entre moles of calculated moles of H2 (g) from Part A.
2. 0.050 g
3. 0.10 g
4. 0.15 g
5. 0.20 g
6. 0.25 g -enter moles of calculated moles of H2 (g) from Part A.
7. 0.30 g
8. 0.35 g
9. 0.40 g
http://tinypic.com/r/kah0rt/9 Here is the data page. I hope the data page is legible!
PLEASE HELP! Even if you could just explain the process for just one of them that would be helpful. I assume once you get the first one the other ones should follow the same method of solving. I would really appreciate anyone's help as soon as possible.
In: Chemistry
WACC and Optimal Capital Structure
F. Pierce Products Inc. is considering changing its capital structure. F. Pierce currently has no debt and no preferred stock, but it would like to add some debt to take advantage of low interest rates and the tax shield. Its investment banker has indicated that the pre-tax cost of debt under various possible capital structures would be as follows:
| Market Debt- to-Value Ratio (wd) |
Market Equity-to-Value Ratio (ws) |
Market Debt- to-Equity Ratio (D/S) |
Before-Tax Cost of Debt (rd) | |
| 0.0 | 1.0 | 0.00 | 6.0% | |
| 0.2 | 0.8 | 0.25 | 7.0 | |
| 0.4 | 0.6 | 0.67* | 8.0 | |
| 0.6 | 0.4 | 1.50 | 9.0 | |
| 0.8 | 0.2 | 4.00 | 10.0 | |
* Use the exact value of 2/3 in your calculations.
F. Pierce uses the CAPM to estimate its cost of common equity, rs and at the time of the analaysis the risk-free rate is 7%, the market risk premium is 6%, and the company's tax rate is 35%. F. Pierce estimates that its beta now (which is "unlevered" because it currently has no debt) is 1.25. Based on this information, what is the firm's optimal capital structure, and what would be the weighted average cost of capital at the optimal capital structure? Do not round intermediate calculations. Round your answers to two decimal places.
Debt: %
Equity: %
WACC: %
In: Finance
|
Fund |
Avg. Return |
Std. Dev. |
Beta |
Residual Std. Dev. |
|
A B C S&P 500 Risk-free |
18 25 22 12 4 |
15 30 20 10 0 |
1.3 1.4 1.2 1.0 0 |
1.5 2.5 3.0 |
1.Figure out the M2 measure for Fund A and B
2.Figure out the best fund based on the information ratio
Use the following table.
|
Your Portfolio |
Benchmark Portfolio |
|||
|
Weight |
Return |
Weight |
Return |
|
|
Bonds Stocks |
20% 80% |
6% 12% |
40% 60% |
4% 8% |
3.Figure out your portfolio return and the total extra return.
4.Figure out the contribution of security/sector selection.
We have a bond with a coupon rate of 12% paid annually, 3 years to maturity, a par value of $1,000, and the yield to maturity of 1$0%.
5.Figure out the duration of the bond.
6.You believe that the Fed is about to increase interest rates by 60 basis points (0.6%). Figure out the percentage change in the bond price using the duration. (If you cannot figure out the duration above, please use a duration of 3.)
In: Finance
Kaelea, Inc., has no debt outstanding and a total market value of
$90,000. Earnings before interest and taxes, EBIT, are projected to
be $8,000 if economic conditions are normal. If there is strong
expansion in the economy, then EBIT will be 20 percent higher. If
there is a recession, then EBIT will be 30 percent lower. The
company is considering a $34,000 debt issue with an interest rate
of 6 percent. The proceeds will be used to repurchase shares of
stock. There are currently 3,600 shares outstanding. Assume the
company has a market-to-book ratio of 1.0.
a. Calculate return on equity, ROE, under each of
the three economic scenarios before any debt is issued, assuming no
taxes.
b. Calculate the percentage changes in ROE when the economy expands or enters a recession, assuming no taxes.
Assume the firm goes through with the proposed recapitalization
and no taxes.
c. Calculate return on equity, ROE, under each of
the three economic scenarios after the recapitalization.
d. Calculate the percentage changes in ROE for economic expansion and recession.
Assume the firm has a tax rate of 35 percent.
e. Calculate return on equity, ROE, under each of
the three economic scenarios before any debt is issued. Also,
calculate the percentage changes in ROE for economic expansion and
recession.
f. Calculate return on equity, ROE, under each of the three economic scenarios after the recapitalization. Also, calculate the percentage changes in ROE for economic expansion and recession, assuming the firm goes through with the proposed recapitalization.
In: Finance
In: Economics
|
EZ Curb Company completed the following transactions. The annual accounting period ends December 31. |
| Jan. 8 |
Purchased merchandise on account at a cost of $20,000. (Assume a perpetual inventory system.) |
| 17 | Paid for the January 8 purchase. |
| Apr. 1 | Received $49,600 from National Bank after signing a 12-month, 12.0 percent, promissory note. |
| June 3 | Purchased merchandise on account at a cost of $24,000. |
| July 5 | Paid for the June 3 purchase. |
| Aug. 1 |
Rented out a small office in a building owned by EZ Curb Company and collected six months’ rent in advance, amounting to $9,600. (Use an account called Unearned Revenue.) |
| Dec. 20 |
Collected $220 cash on account from a customer. |
| Dec. 31 |
Determined that wages of $8,900 were earned but not yet paid on December 31 (Ignore payroll taxes). |
| Dec. 31 | Adjusted the accounts at year-end, relating to interest. |
| Dec. 31 | Adjusted the accounts at year-end, relating to rent. |
| Required: |
|
In: Accounting
In: Advanced Math
Suppose you have an electric hot water heater for your house which is an aluminum cylinder which has a 0.56 m radius and is 2 m high. The walls are 1.0 cm thick. The thermal conductivity of Aluminum is 217 W/(m K). Assume that the temperature of the hot water inside the hot water heater is kept at a constant 90 C, and the external temperature is 27 C.
Part A:
What is the surface area of the cylinder?
Part B:
How much energy is lost through the walls of the hot water heater in one week? (Assume thinner surface of the heater is 90 C and the outer surface is 27 C.)
Part C:
Assume you pay $0.10 per kW-hour for electricity. How much would it cost just to keep the hot water inside the heater for one week?
Part D:
Suppose that you wrap the hot water heater on all sides with a 10 cm thick blanket of fiberglass insulation which has a thermal conductivity of 0.04 W/(m K). Assume the inner surface of the fiberglass insulation is at 90 C and the outer surface is at 27 C, and the total surface area is still what you calculated in part A.
Part E:
Assume you pay $0.10 per kW-hour for electricity. How much would it cost just to keep the hot water inside the fiberglass-wrapped heater for one week?
In: Physics
A wing-body model is tested in a wind tunnel with a flow of 100 m/s at standard sea-level conditions.
The wing area is 1.5 m^2 and the mean aerodynamic chord length is 0.45 m. Measurements of lift force, L, and moment about the center of gravity, MCG are made using the wind tunnel force balance.
The lead mass is removed and a horizontal tail without an elevator is added to the model. The distance from the airplane center of gravity to the aerodynamic center of the tail is 1.0 m.
The area of the tail is 0.4 m2 and the tail-setting
angle is -2.0°. The tail has a lift-curve slope of 0.12 per degree.
Experimental measurements give the downwash in terms of angle of
attack, ε = α 0.42 , i.e. the downwash is zero for zero angle of
attack, 0
ε = 0
For the case where the angle of attack, α = 5.0°, and the lift, L= 4134 N:
(i) Calculate MCG
(ii) Determine whether the model possesses longitudinal static
stability. Calculate Mo
(iii) Calculate the location of the neutral point and the static
margin if h = 0.26.
(iv) An elevator is added to the horizontal tail with the property
/ 0.04 L E T
∂ ∂ = C δ per degree.
In two ways calculate the elevator deflection angle required to trim the aircraft at an angle of attack of 8.0°. Answer should be the same.
In: Advanced Math