Zambian Breweries sells its products in Zambia and three neighboring countries. Data collected from 2010 to 2018 shows that the company produced 300,000 barrels of beer annually. During this period, the average price per barrel of beer P (in Kwacha) was related to the quantity of beer sold Q (in thousands of barrels) by the demand function

P=-0.3224Q+245.4031

The total cost of producing Q thousand barrels of beer was

TCQ=101.1995Q+4699.3441

1. At what output level revenue be maximized?
2. Find the quantity and price levels that maximize profit.

Heineken sells its products in Namibia and three neighboring countries. Data collected from 2010 to 2018 shows that the company produced 300,000 barrels of beer annually. During this period, the average price per barrel of beer P (in Namibian dollars) was related to the quantity of beer sold Q (in thousands of barrels) by the demand function

P=-0.3224Q+245.4031

The total cost of producing Q thousand barrels of beer was

TCQ=101.1995Q+4699.3441

1. At what output level revenue be maximized?

2. Find the quantity and price levels that maximize profit.

Select one (1) U.S. publicly traded company and review its most recent Annual Report. (You may use one (1) of the three (3) companies you selected for your Stock Journal assignment.) Use the Income Statement and Balance Sheet to determine the changes in: assets, liabilities, and equity total revenue and net income Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholder’s view.

Write TRUE if the statement is TRUE. If the statement is FALSE, write FALSE and explain why

3. The Commissioner of Internal Revenue may prescribe presumptive gross sales and receipts for a taxpayer when the latter fails to issue receipts and when he believes that the books or other records of the latter do not correctly reflect declarations in the return.

4. Jurisdiction is the power and authority of the court to hear, try, and decide a case. It can also refer to territory.

5. The three fundamental powers of the state may be exercised by the government and public service corporations or entities.

4/2

Google provides six tools to use in evaluating the effectiveness of an advertising campaign. Choose three of those six. How would you apply them to a crowdsourcing advertising campaign you are building? How will the tools help you refine your campaign? How you can set goals for the allocation of advertising dollars moving forward based on the data provided? Discuss metrics such as time-on-site, bounce rate, conversion rate, ROAS (return on ad spend) and RPC (revenue per click)

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 50 students enrolled in those two courses. Data concerning the company’s cost formulas appear below: Fixed Cost per Month Cost per Course Cost per Student Instructor wages $ 3,080 Classroom supplies $ 260 Utilities $ 870 $ 130 Campus rent $ 4,200 Insurance $ 1,890 Administrative expenses $ 3,270 $ 15 $ 4 For example, administrative expenses should be $3,270 per month plus $15 per course plus $4 per student. The company’s sales should average $800 per student. The company planned to run three courses with a total of 45 students; however, it actually ran three courses with a total of only 42 students. The actual operating results for September appear below: Actual Revenue $ 32,400 Instructor wages $ 9,080 Classroom supplies $ 8,540 Utilities $ 1,530 Campus rent $ 4,200 Insurance $ 1,890 Administrative expenses $ 3,790 Required: 1. Prepare the company’s planning budget for September. 2. Prepare the company’s flexible budget for September. 3. Calculate the revenue and spending variances for September.

15 a) If a company fails to make an adjusting entry to record supplies expense, then

a. owner's equity will be understated.

b.   expense will be understated.

c. assets will be understated.

d.   net income will be understated.

b. On June 1, during its first month of operations, Brodeur Spa purchased supplies for $4,200 and debited the supplies account for that amount. At June 30, an inventory of supplies showed

$1,000 of supplies on hand. What adjusting journal entry should be made for June?

c1. Trinity College sold season tickets for the 2018 football season for $320,000. A total of 8 games will be played during September, October and November. In September, three games were played. In October, three games were played. What is the balance in Unearned Ticket

Revenue as of October 31 (after adjusting entries has been made)?

c2. Please write the journal entries for the following transactions for Rindler Company for July

2018, the company’s first month of operations. You may omit explanations for the transactions.

a. Rich Rindler invested $38,000 cash to start an appliance repair business.

b.   Hired an employee to be paid $500 per week, starting tomorrow.

c. Paid two years’ rent in advance, $10,800.

d.   Paid the worker’s weekly wage.

e. Recorded service revenue earned and received for the week, $2,900.

This question covers aspects and integration of personal development planning and data analysis skills towards professional engineering competencies for employability.

Consider the data-set shown in Table 2, which is a subset of employment statistics for the UK from between 2009 and 2018. For the dates specified, the data records an estimate of the number of thousands of engineering professionals, and of IT and Telecommunications professionals, classified according to sex.

Table 2 A subset of employment statistics for the UK from 2009 until 2018

Source: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/datasets/employmentbyoccupationemp04

• Imagine that you have been invited to a job interview where you will be asked to give a presentation to a non-expert audience. In advance of the interview you are sent the data in Table 2.
  • i.By use of appropriate representation identify and show three significant correlations or trends in the data, and suggest reasons for these trends. Include your representation as part of your answer, together with descriptions of the three correlations or trends you have identified.
  • ii.Comment on the reliability of your observations of the trends in the data.

Suppose that during a given week, 30 new customers have signed up for a specialized service your company provides. 10 of these new customers are automotive companies, and the remaining 20 are financial services firms. If a random sample of 10 of these new customers will be selected for a study of customer satisfaction in one month, what is the probability that fewer than five of the selected customers are financial services firms?

0.3148

0.3241

0.1688

0.4512

0.7621