1. In a presidential election, 308 out of 611 voters surveyed said that they voted for the candidate who won. Use a 0.01 significance level to test that among all voters, the percentage who believe they voted for the winning candidate is different from 43%, which is the actual percentage of votes for the winning candidate. What does the result suggest about voter perceptions? Must show all work.

Suppose your favorite coffee machine offers 7 ounce cups of coffee. The actual amount of coffee put in the cup by the machine varies according to a normal​ distribution, with mean equal to 8 ounces and standard deviation equal to .67 ounces

a. What percentage of cups will be filled with more than 7.7 ounces?

b. What percentage of cups will have in between 7 and 8 ounces of​ coffee?

Question 4:
Oranges are grown, picked, and then processed and packaged at production centers in Sargodha,
Risalpur, and Sahiwal. These centers supply oranges to the company’s distributors each month in
Peshawar, Lahore, Multan, Faisalabbad, Karachi and Quetta.
Supplier Monthly Supply (Tons)
A. Sargodha 4,000
B. Risalpur 5,000
C. Sahiwal 3,500
12,500
The distributors, spread throughout six cities, have the following total monthly demand:
Distributor Monthly Demand (Tons)
1. Peshawar 1800
2. Lahore 2100
3. Multan 1700
4. Faisalabbad 1050
5. Karachi 2350
6. Quetta 1400
10,400
The company must pay the following shipping costs per ton:
to
from 1 2 3 4 5 6
A. $0.50 $0.35 $0.60 $0.45 $0.80 $0.75
B. 0.25 0.65 0.40 0.55 0.20 0.65
C. 0.40 0.70 0.55 0.50 0.35 0.50
(a) Determine the minimum cost shipping routes for the company using stepping stone
method.
(b) The Adams Fruit Company management has negotiated a new shipping contract with a
trucking firm between its Sargodha farm and its distributor in Karachi that reduces the
shipping cost per ton from $0.80 per ton to $0.55 per ton. How will this cost change
affect the optimal solution?
(c) Sometimes one or more of the routes in the transportation model are prohibited. That is,
units cannot be transported from a particular source to a particular destination. Because of
an agreement between distributors, shipments are prohibited from Sargodha to Quetta.
Shipments are also prohibited from Sahiwal to Lahore because of railroad construction,
what will be the effect on the optimal shipping routes? Solve this problem

Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Fields patent number 758-6002-1A is as follows. Date Activity Cost 2008–2009 Research conducted to develop precipitator $382,000 Jan. 2010 Design and construction of a prototype 85,400 March 2010 Testing of models 57,400 Jan. 2011 Fees paid engineers and lawyers to prepare patent application; patent granted June 30, 2011 66,300 Nov. 2012 Engineering activity necessary to advance the design of the precipitator to the manufacturing stage 95,000 Dec. 2013 Legal fees paid to successfully defend precipitator patent 57,400 April 2014 Research aimed at modifying the design of the patented precipitator 58,400 July 2018 Legal fees paid in unsuccessful patent infringement suit against a competitor 36,000 Fields assumed a useful life of 17 years when it received the initial precipitator patent. On January 1, 2016, it revised its useful life estimate downward to 5 remaining years. Amortization is computed for a full year if the cost is incurred prior to July 1, and no amortization for the year if the cost is incurred after June 30. The company’s year ends December 31. Compute the carrying value of patent No. 758-6002-1A on each of the following dates: (a) December 31, 2011 $ (b) December 31, 2015 $ (c) December 31, 2018 $

Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Fields patent number 758-6002-1A is as follows. Date Activity Cost 2011–2012 Research conducted to develop precipitator $384,000 Jan. 2013 Design and construction of a prototype 87,600 March 2013 Testing of models 42,000 Jan. 2014 Fees paid engineers and lawyers to prepare patent application; patent granted June 30, 2014 59,500 Nov. 2015 Engineering activity necessary to advance the design of the precipitator to the manufacturing stage 81,500 Dec. 2016 Legal fees paid to successfully defend precipitator patent 42,000 April 2017 Research aimed at modifying the design of the patented precipitator 43,000 July 2021 Legal fees paid in unsuccessful patent infringement suit against a competitor 34,000 Fields assumed a useful life of 17 years when it received the initial precipitator patent. On January 1, 2019, it revised its useful life estimate downward to 5 remaining years. Amortization is computed for a full year if the cost is incurred prior to July 1, and no amortization for the year if the cost is incurred after June 30. The company's year ends December 31. Instructions Compute the carrying value of patent No. 758-6002-1A on each of the following dates:

a.December 31, 2014.

b.December 31, 2018.

c.December 31, 2021.

Concord Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Concord does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Concord patent number 758-6002-1A is as follows.

Concord assumed a useful life of 17 years when it received the initial precipitator patent. On January 1, 2019, it revised its useful life estimate downward to 5 remaining years. Amortization is computed for a full year if the cost is incurred prior to July 1, and no amortization for the year if the cost is incurred after June 30. The company’s year ends December 31.

Compute the carrying value of patent No. 758-6002-1A on each of the following dates:

Timberly Construction negotiates a lump-sum purchase of several assets from a company that is going out of business. The purchase is completed on January 1, 2017, at a total cash price of $820,000 for a building, land, land improvements, and four vehicles. The estimated market values of the assets are building, $515,700; land, $315,150; land improvements, $57,300; and four vehicles, $66,850. The company’s fiscal year ends on December 31.

Required:

1-a. Prepare a table to allocate the lump-sum purchase price to the separate assets purchased.
1-b. Prepare the journal entry to record the purchase.
2. Compute the depreciation expense for year 2017 on the building using the straight-line method, assuming a 15-year life and a $32,000 salvage value.
3. Compute the depreciation expense for year 2017 on the land improvements assuming a five-year life and double-declining-balance depreciation.

Record the costs of lump-sum purchase.

Problem 12-6

During 2015, Crane Company purchased a building site for its proposed research and development laboratory at a cost of $54,000. Construction of the building was started in 2015. The building was completed on December 31, 2016, at a cost of $360,000 and was placed in service on January 2, 2017. The estimated useful life of the building for depreciation purposes was 20 years. The straight-line method of depreciation was to be employed, and there was no estimated residual value.

Management estimates that about 50% of the projects of the research and development group will result in long-term benefits (i.e., at least 10 years) to the corporation. The remaining projects either benefit the current period or are abandoned before completion. A summary of the number of projects and the direct costs incurred in conjunction with the research and development activities for 2017 appears below.

Upon recommendation of the research and development group, Crane Company acquired a patent for manufacturing rights at a cost of $120,000. The patent was acquired on April 1, 2016, and has an economic life of 10 years.

If generally accepted accounting principles were followed, how would the items above relating to research and development activities be reported on the following financial statements?

The company’s income statement for 2017. (Do not round intermediate calculations and round final answer to 0 decimal places, e.g. 5,275.)

Crane Company

Income Statement (Partial)

Hudson Group is a one of the largest and most recognizable travel retailers in North America. we own and manage over 1,000 duty-paid and duty-free stores in 89 locations, including airports, commuter terminals, hotels and some of the most visited landmarks and tourist destinations in the world.
In 2019 we initiated the Hudson Next Project, one of the key pillars being the completion of design and implementation of four new brands within the current Business Operating Model.
These brands include: Speciality stores, Newsstands, Book stores & Brook stone stores
The new Specitity stores will be based out of the LAX airport. They will cost approximately $19 million to contruct and will require approximately 50 employees to operate. The Newstands, located in Newark, New Jersey, will be based out of the airport - less than 15 miles outside of New York City, will cost $6.5 million to construct and 20 employees to operate. The bookstores, located in Houston, will require⁶ $8 million to construct and 15 employees to operate. Located in the suburbs of Pittsburgh, Pennsylvania, the new Brookstones stores will cost $12 million to construct and 50 employees to operate across all stores.
Hudson Group will pledge 75.5 million in new construction and hire no more than 260 employees. Annually, Specialty stores are a 9.5 million operation, Newstands are a $2.4 million operation, bookstores are a 1.2 million operation and the new Brookstones stores net 3.3 million in volume and growing.
If Hudson Group wasnts to maximize it’s annual revenue, how many of each for brands should they build?

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True or False:

1. Construction of human connectomes would allow detailed study of brain physiology, abilities, and behavior.

2. Formation, retention, and retrieval of memories is a simple process that involves several stages and multiple portions of the central nervous system.

3. Both humans and the universe are composed of hydrogen, oxygen, carbon, and nitrogen

4. The neocortex overrides the primitive actions of the reptilian brain and limbic system, giving rise to rational thinking