Questions
Logan Products has two production departments—assembly and finishing. These are supported by two service departments—sourcing (purchasing...

Logan Products has two production departments—assembly and finishing. These are supported by two service departments—sourcing (purchasing and handling of materials and human resources) and operations (work scheduling, supervision, and inspection). Logan has the following labor hours devoted by each of the service departments to the other departments. Total Labor Hours Used by Departments Sourcing Operations Assembly Finishing Sourcing - 20,000 40,000 60,000 Operations 10,000 - 60,000 50,000 The costs incurred in the plant are as follows: Departments Departmental Costs Sourcing $ 180,000 Operations 230,000 Assembly 420,000 Finishing 265,000 Total $ 1,095,000 Required: Use four decimal places (e.g., 33.3333%) in your calculation of percentages. 1. What are the costs allocated to the two production departments using (a) the direct method, (b) the step method, when the sourcing department that provides the greatest percentage of services to other service departments goes first), and (c) the reciprocal method? 2. What are the total costs in the production departments after allocation? (For all requirements, do not round intermediate calculations. Round your final answer to nearest whole dollar amount.)

In: Accounting

1. In the circular flow​ model, which of the following is on the selling side in...

1. In the circular flow​ model, which of the following is on the selling side in the goods​ market?

A. only firms

B. exporters

C. both firms and households

D. ​federal, state, and local governments

E. only households

2. Which factor of production does human capital​ enhance?

i. land

ii. labor

iii. capital

A.​i, ii, and iii.

B.ii only.

C.i and ii.

D.i only.

E.iii only.

3. Nigeria would be classified by the International Monetary Fund as

A.a developing economy

B. a transition economy

C. a resource- based economy

D. an emerging market economy

E. an advanced economy

4. Which of the following is not considered a factor of production?

A.capital

B.entrepreneurial ideas

C.money

D.land

E.labor

5.What is not true about rational choice?

A. It involves comparing costs and benefits.

B.It can result in different decisions for different individuals.

C.It might turn out not to have been the best choice after the event.

D.It is the same for all individuals.

E.It is a choice that uses the available resources to best achieve the objective of the person making the choice.

In: Economics

Opinions on Bioethical Issues Write your personal opinion regarding the following bioethical issues. After writing your...

Opinions on Bioethical Issues

Write your personal opinion regarding the following bioethical issues. After writing your opinion, consider differing opinions by writing a brief opposing argument. You should be able to express your views logically and provide reasons for your views on the subjected/issue selected.

Choose only one of the following bioethical issues. Remember you must also provide an opposing argument.

Dialog used during your interaction with instructor(s) and peers should be done while remaining civil and respectful of different points of views, which is all part of the learning experience. Re-read your own posts before you submit them, to make sure you aren’t coming across the wrong way.

Example:

Many people believe that having an abortion is not morally acceptable, however, many also believe that it is a free choice and that women should be allowed to seek abortion in cases of desperation such as rape, poverty, and or violence.

1. abortion

2. stem cell research

3. human cloning

4. genetic counseling

5. physician-assisted suicide

In: Nursing

In 2017, Rogers, Bohlender, and Huff published a paper entitled Early History of Neanderthals and Denisovans....

In 2017, Rogers, Bohlender, and Huff published a paper entitled Early History of Neanderthals and Denisovans. In this paper, they provide DNA evidence to support the hypothesis that Neanderthals and Denisovans diverged much earlier than previously thought (supporting “Hypothesis A” instead of “Hypothesis B” from this week’s lecture). Below is the authors’ summary of their paper:

Neanderthals and Denisovans were human populations that separated from the modern lineage early in the Middle Pleistocene. Many modern humans carry DNA derived from these archaic populations by interbreeding during the Late Pleistocene. We develop a statistical method to study the early history of these archaic populations. We show that the archaic lineage was very small during the 10,000 y that followed its separation from the modern lineage. It then split into two regional populations, the Neanderthals and the Denisovans. The Neanderthal population grew large and separated into largely isolated local groups.

Answer these

a. DNA extraction methods today are more reliable but are essentially the same sort of process. Why is it so important to keep ancient bone samples as uncontaminated with organic material as possible?

b. How can studying Neanderthal and Denisovan DNA help us understand ourselves?

In: Biology

Assignment Question(s):                                      &nbs

Assignment Question(s):                                                      

Q1-

A company wants to implement good internal control. What are the policies and procedures you can suggest to minimize human frauds and errors? (1Mark)

Q2-

Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible.

Give any amount of sales and prepare the journal entry using the percent of sales method. (1Mark)

Q3-

A company that uses a perpetual inventory system made the following cash purchases and sales. There was no beginning inventory.

January 1:

Purchased 30 units at SAR11 per unit

February 5:

Purchased 30 units at SAR 13 per unit

March 16:

Sold 50 Units for SAR 15 per unit

A. Prepare general journal entries to record the March 16 sale using the

  1. FIFO inventory valuation method.
  2. LIFO inventory valuation method.
  3. Weighted average valuation method.

B. What is the cost of goods sold and the gross margin for each method? (2Marks)

Q4. What is the bank reconciliation? why is it important for companies to prepare bank reconciliation periodically? (1Mark)

please not the answer should be unique answer not similar to any answer

In: Accounting

QUESTION 1 How are members of the genus Homo different physically from the Australopithecus? flattening of...

QUESTION 1

How are members of the genus Homo different physically
from the Australopithecus?

flattening of the face (the mouth doesn’t protrude forward like the australopithecines)

shorter arms

smaller-sized teeth and jaws

all of the above

none of the above (Homo and Australopithecus are basically the same in anatomy)  

1 points   

QUESTION 2

The
brain of Homo is:

smaller than the brain of Australopithecus

almost identical in size to the brain of Australopithecus

larger than the chimpanzee-sized brain of Australopithecus

adapted primarily for life in trees (arboreal adaptation)             
           

1 points   

QUESTION 3

The skeleton of Homo erectus:

is more apelike (more similar to a chimp or gorilla) than human

is adapted for walking differently than modern man (more like gorilla knuckle-walking)

is adapted for walking almost identically to the way modern humans walk

is radically different from modern humans

1 points   

QUESTION 4

The earliest (that is, the oldest) stone tools are referred to as:

Oldowan

Acheulean

Mousterian

Hominid

1 points   

QUESTION 5

The earliest stone tools are associated with (were made by):

Australopithecus afarensis

Australopithecus africanus

Homo habilis

Homo erectus

Neandertal

In: Biology

Assignment 2 ACCT101 Assignment Question(s):                                   &

Assignment 2 ACCT101

Assignment Question(s):                                                      

Q1-

A company wants to implement good internal control. What are the policies and procedures you can suggest to minimize human frauds and errors? (1Mark)

Q2-

Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible.

Give any amount of sales and prepare the journal entry using the percent of sales method. (1Mark)

Q3-

A company that uses a perpetual inventory system made the following cash purchases and sales. There was no beginning inventory.

January 1:

Purchased 30 units at SAR11 per unit

February 5:

Purchased 30 units at SAR 13 per unit

March 16:

Sold 50 Units for SAR 15 per unit

A. Prepare general journal entries to record the March 16 sale using the

  1. FIFO inventory valuation method.
  2. LIFO inventory valuation method.
  3. Weighted average valuation method.

B. What is the cost of goods sold and the gross margin for each method? (2Marks)

Q4. What is the bank reconciliation? why is it important for companies to prepare bank reconciliation periodically? (1Mark)

In: Accounting

Q2 A mutant monkey was identified that showed resistance to a viral disease ‘Kansah’. The kan...

Q2 A mutant monkey was identified that showed resistance to a viral disease ‘Kansah’. The kan gene, responsible for the disease resistance, was identified and cloned. A molecular technique revealed the presence of kan in human cells. Later these researchers isolated RNA from liver, kidney, gut and skin cells. The researchers prepared cDNA using reverse transcriptase and then performed real-time PCR to measure the expression of the kan gene. The Ct values for samples from gut, kidney, liver and skin cells were 20, 25, 23 and 38, respectively. Answer the following questions

a. What is real-time PCR? How does it differ from the standard PCR?

b. What do you understand by the term Ct value? Explain using a figure.

c. Which cells have the highest expression of kan? Explain your answer.

d. If a liver cell makes 1,000 molecules of Kan protein, how many molecules will you expect from a single kidney cell?

e. If a liver cell makes 1,000 molecules of Kan protein, how many molecules will you expect from a single gut cell?

In: Biology

An Introduction to Macroeconomics DISCUSSIN QUESTIONS 2. Consider a nation in which the volume of goods...

An Introduction to Macroeconomics

DISCUSSIN QUESTIONS

2. Consider a nation in which the volume of goods and services is growing by 4 percent per year. What is the likely impact of this high rate of growth on the power and influence of its government relative to other countries experiencing slower rates of growth? What about the effect of this 4 percent growth on the nation’s living standards? Will these also necessarily grow by 4 percent per year, given population growth? Why or why not? LO2

3. Did economic output start growing faster than population from the beginning of the human inhabitation of the earth? When did modern economic growth begin? Have all of the world’s nations experienced the same extent of modern economic growth? LO3

4. Why is there a trade-off between the amount of consumption that people can enjoy today and the amount of consumption that they can enjoy in the future? Why can’t people enjoy more of both? How does saving relate to investment and thus to economic growth? What role do banks and other financial institutions play in aiding the growth process? LO4

In: Economics

11-24 (Objectives 11-3 , 11-4) The following are internal controls related to various cycles. 1.      Sales...


11-24 (Objectives 11-3 , 11-4) The following are internal controls related to various cycles.

1.      Sales invoices are matched with shipping documents by the computer system and an exception report is generated.

2.      Receiving reports are prenumbered and accounted for on a daily basis.

3.      Sales invoices are independently verified before being sent to customers.

4.      Payments by check are received in the mail by the receptionist, who lists the checks and restrictively endorses them.

5.      Labor hours for payroll are reviewed for reasonableness by the computer system.

6.      Checks are signed by the company president, who compares the checks with the underlying supporting documents.

7.      Unmatched shipping documents are accounted for on a daily basis.

8.      The computer system verifies that all payroll payments have a valid employee identification number assigned by the human resources department at the time of hiring.

9.      The accounts receivable master file is reconciled to the general ledger on a monthly basis.

Required

For each internal control, identify the type(s) of specific control activity (or activities) to which it applies (such as proper authorization and adequate documents and records).

For each internal control, identify the transaction-related management assertion(s) to which it applies.

In: Accounting