61.Reactive change implies being a(n)

Multiple Choice

• shaper.

• leader.

• adapter.

• follower.

• reactor.

71.Which of the following is a disadvantage of technology leadership?

Multiple Choice

• the need to educate buyers

• loss of brand image

• intense competition

• lower profit margins

• the establishment of entry barriers

74.When Chung told the people on his team that they would be moving to a different floor and getting a whole new office setup in three days, he expected them to be thrilled. Instead they grumbled that they did not have enough time to pack everything up and get moved. Chung has just encountered a form of resistance to change that is rooted in

Multiple Choice

• peer pressure.

• different assessments.

• self-interest.

• surprise.

• inertia.

79.The managers at Finnegan Insurance are proposing a change in the way performance evaluations are done. Most employees who dislike the change are unsure about how exactly the change will be made and do not have enough information about the new policy. Given this situation, the best method for managing resistance to change is most likely through

Multiple Choice

• facilitation and support.

• negotiation and rewards.

• explicit and implicit coercion.

• education and communication.

• manipulation and cooptation.

[The following information applies to the questions displayed below.] O’Brien Company manufactures and sells one product. The following information pertains to each of the company’s first three years of operations: Variable costs per unit: Manufacturing: Direct materials $ 29 Direct labor $ 18 Variable manufacturing overhead $ 4 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 560,000 Fixed selling and administrative expenses $ 180,000 During its first year of operations, O’Brien produced 96,000 units and sold 77,000 units. During its second year of operations, it produced 82,000 units and sold 96,000 units. In its third year, O’Brien produced 87,000 units and sold 82,000 units. The selling price of the company’s product is $74 per unit. 3. Assume the company uses absorption costing and a FIFO inventory flow assumption (FIFO means first-in first-out. In other words, it assumes that the oldest units in inventory are sold first): a. Compute the unit product cost for Year 1, Year 2, and Year 3. b. Prepare an income statement for Year 1, Year 2, and Year 3.

1. Consider the applications for home mortgages data in the file of P12_04.xlsx.

1. Create a time series chart of the dat
2. Use simple exponential smoothing to forecast these data, using the default smoothing constant of 0.1
3. Calculate the three types of forecast errors, RMSE, MAE, and MAPE
4. Use the solver function in excel to optimize the smoothing constant in order to generate a minimum MAPE value.
5. Use multiple regression to develop an equation that can be used to predict future applications for home mortgages (hint: use dummy variables for the quarters and create a time variable for the quarter numbers)

Required information [The following information applies to the questions displayed below.] O’Brien Company manufactures and sells one product. The following information pertains to each of the company’s first three years of operations: Variable costs per unit: Manufacturing: Direct materials $ 29 Direct labor $ 18 Variable manufacturing overhead $ 4 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 560,000 Fixed selling and administrative expenses $ 180,000 During its first year of operations, O’Brien produced 96,000 units and sold 77,000 units. During its second year of operations, it produced 82,000 units and sold 96,000 units. In its third year, O’Brien produced 87,000 units and sold 82,000 units. The selling price of the company’s product is $74 per unit. 2. Assume the company uses variable costing and a LIFO inventory flow assumption (LIFO means last-in first-out. In other words, it assumes that the newest units in inventory are sold first): a. Compute the unit product cost for Year 1, Year 2, and Year 3. b. Prepare an income statement for Year 1, Year 2, and Year 3.

Transaction Analysis and Financial Statements

Blue Jay Delivery Service is incorporated on January 2 and enters into the following transactions during its first month of operations:

Required:

1. Complete the below table to summarize the preceding transactions as they affect the accounting equation. Ignore depreciation expense and interest expense. If an account is unaffected by a transaction, enter "0". Use the minus sign to indicate decreases.

Feedback

After every transaction check that equation is still in balance. The equation equates to a weight balance that requires both sides to be balanced. An increase on one side either requires an equal decrease on same side or equal increase on other side. The same process for decreases. Increases/decreases are actions affecting an account balance. All transactions involve an exchange.
January 2: Record receipt of cash (increase to asset) in exchange for capital stock (increase to capital stock).
January 3: Record land and warehouse purchases (increase to assets) with payment of cash (decrease to asset).
January 4: Record receipt of cash (increase to asset) with notes payable (increase to liability).
January 6: Record purchase of delivery trucks (increase to asset) with payment of cash (decrease to asset).
January 31: Record service revenue earned (increase to retained earnings) with amount due on account receivable (increase to asset). Revenue is an indirect increase to Retained Earnings.
January 31: Record receipt of cash (increase to asset) with payment on account receivable (decrease to asset).
January 31: Record gas and oil expense (decrease to retained earnings) with amount due on account payable (increase to liability).

2. Prepare an income statement for the month of January.

Feedback

1) Revenue – expenses = net income.
2) Revenues represents all types of income earned.
3) Expenses represent all of the various costs necessary to generate revenue.

3. Prepare a classified balance sheet at January 31.

Feedback

Please use Statistical Software R

Consider a dataset called fandango in fivethirtyeight package:

1. Identify the Top 5 best rated and Top 5 worst rated movies based on rottentomatoes.

2. Identify the Top 5 best rated and Top 5 worst rated movies based on the average of three users’ scores (rottentomatoes_user, metacritic_user, and imdb).

3. Visualize the difference between Fandango stars and actual Fandango ratings. Comment on what you see.

4. Construct a formal test to see if there is a significant difference between between Fandango stars and actual Fandango ratings.

Please write clear grammatically correct answer. Answers that are not grammatically correct will be counted wrong. Simplify your answers as much as possible. Do not write long paragraphs. Answer all 3 questions.

1. Name and justify your selection of the three most important differences between H. rudolfensis and H. habilis.

2. Describe the significant physical differences between H. ergaster and H. erectus and why you think they should be classified as one or two species.

3. What is the relationship between Neanderthals and modern humans? Include data in your answer to support your opinion.

Question 1: Electrostatics

a. Draw the electric field lines around a system that consists of two equal positive charges

b. Calculate the electric force that exists between two objects that are 7.3 x 10^-2 m apart and carry charges of 4.5 x 10^-6 C and -7.2 x 10^-6 C. Is this force attractive or repulsive?

c. Write two or three sentences to explain the effect on the electric force between two charged objects if the amount of charge on one of the objects is doubled at the same time as the distance between the objects is doubled.

QUESTION ONE

a. You are presented with the following information for Unilever Ghana Ltd.

            Fixed costs                             GH¢150,000

            Total costs                               GH¢ 400,000

            Sales (50,000 units)                 GH¢ 500,000

            Required:

            Calculate the following:

            (a) Break-even point in value terms and in units. (5marks)

            (b) Margin of safety in value and in units. (5marks)

            (c) Budgeted Profit for the period. (3marks)

            (d) What is the relationship between sales revenue and margin of safety? (2marks)   

b. State five (5) uses of the Cost- Volume- Profit (CVP) Analysis. (5marks)

A market research firm reports to Unilever Company ( which produces and sells butter) that the estimate of the cross price elasticity between magarine and butter is approximately 1.6. Unilever's price of butter is Ghs 60 per Kilo with sales of 1000 kilos per month. The price of margarine is GHs 25 per kilo with sales of 3500 kilos per month. The price elasticity of butter is estimated to be -3. What would be the effect on the revenue and sales of Unilever and margarine sellers if Unilever decided to cut price of butter to Ghs 54.