Jacquie Inc. reports the following annual cost data for its single product.

Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal places.)

Sleep Tight, Inc. manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and materials were $37,000, $32,000 and $29,000 respectively. The desired inventories on December 31 for finished goods, work in process, and materials were $41,000, $38,000 and $19,000 respectively. Direct materials purchases were $575,000. Direct labor was $233,000 for the year. Factory overhead was $154,000.

Prepare a cost of goods sold budget for Sleep Tight, Inc.

Cost of Production Report

The debits to Work in Process—Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows:

All direct materials are placed in process at the beginning of production.

a. Prepare a cost of production report, presenting the following computations:

1. Direct materials and conversion equivalent units of production for August
2. Direct materials and conversion costs per equivalent unit for August
3. Cost of goods finished during August
4. Cost of work in process at August 31

If an amount is zero, enter in "0". For the cost per equivalent unit, round your answer to two decimal places.

b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). If required, round your answers to the nearest cent.

Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction and Filling departments, emerging as finished chemicals. The balance in the account Work in Process—Filling was as follows on January 1: Work in Process—Filling Department (3,400 units, 30% completed): Direct materials (3,400 x $18.2) $61,880 Conversion (3,400 x 30% x $11.8) 12,036 $73,916 The following costs were charged to Work in Process—Filling during January: Direct materials transferred from Reaction Department: 43,900 units at $17.9 a unit $785,810 Direct labor 273,870 Factory overhead 263,128 During January, 43,500 units of specialty chemicals were completed. Work in Process—Filling Department on January 31 was 3,800 units, 50% completed.

1. Prepare a cost of production report for the Filling Department for January. If an amount is zero, enter "0". If required, round your cost per equivalent unit answers to two decimal places.

2. Journalize the entries for (1) costs transferred from Reaction to Filling and (2) the cost transferred from Filling to Finished Goods.

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2. Remember that there are three types of inventory; materials, work in process, and finished goods. What costs are captured in the work in process account? Are these units 100% complete or are they being transferred to another department?

3. Determine the increase or decrease in the cost per equivalent unit from December to January for direct materials and conversion costs. If required, round your answers to two decimal places.

4. Discuss the uses of the cost of production report and the results of part (3).

The cost of production report may be used as the basis for allocating product costs between Work in Process  and Finished Goods . The report can also be used to control costs by holding each department head responsible for the units entering production and the costs incurred in the department. Any differences in unit product costs from one month to another, such as those in part (3), can be studied carefully and any significant differences investigated.

A survey found that womens heights are normally distributed with mean 62.1 in and standard deviation 2.1 in the survey also found that mens heights are normally distributed with a mean 69.7 and SD 3.8 a) most of the live characters at an amusement park have height requirements with a minimum of 4ft 9in and a maximum of 6ft 4in find the percentage of women meeting the height requirement the percentage of woment who meet the height requirement? (round to two decimal places as needed) b) find the percentage of men meeting the height requirement the percentage of men meeting the height requirement (round to two decimal places as needed ) c) If the height requirements are changed to exclude only the tallest 5% of men and the shortest 5% of women what are the new height requirements the new height requirements are at least ___ in. and at most ___ in. (round to one decimal place as needed)

a) A county clerk wants to estimate the proportion of voters who will need special election facilities. Suppose a sample of 400 voters was taken. If 150 need special election facilities, what is the upper confidence limit (UCL) for the 90% confidence interval for the population proportion of voters who will need special election facilities. Round your answer to 3 decimal places.

b) A hotel chain wants to estimate the mean number of rooms rented daily in a given month. The population of rooms rented daily is assumed to be normally distributed for each month with a standard deviation of 240 rooms. During February, a sample of 25 days has a sample mean of 370 rooms.

What is the upper confidence limit (UCL) of the 99% confidence interval for the mean number of rooms rented daily in a given month? Round your answer to the nearest whole number.

Azzalini and Bowman (1990) analyzed the data of the waiting time (in minutes) of consecutive eruptions of the Old Faithful geyser in Yellowstone National Park. They found that the waiting times can be categorized into two groups in historical data.

-In group 1, waiting time is normally distributed with mean 54 minutes and standard deviation of 2.95.

-In group 2, the waiting time is normally distributed with mean 80 minutes and standard deviation of 7.5.

Suppose that there is a 30% chance that the waiting time is from group 1. They want to simulate the waiting time.

a) Use Excel functions only to simulate the waiting time. Your simulations should contain 500 iterations. you need only to return in one page showing your model and one page displaying the formulas in your model.

b) what is the average waiting time in your simulation?