Questions
What is the return on average total assets?

The following figures are taken from Ethaniel Company's financial statements for the calendar years 200B and 200A:

  200B 200A
Total Assets $900,000 $750,000
Long-term debt (12% interest rate) 125,000  
8% Preferred stocks, $100 par value 225,000 225,000
Total Stockholders' equity 600,000 550,000
Net Income (after tax of 30%) 70,000 550,000

What is the return on average total assets?

In: Accounting

calculation of the total factory overhead variance.

A firm applied factory overhead of $2 per unit to manufacture each inventory unit. They expected to make 10 units of inventory but made 12 units. The total cost of factory overhead was $21 for the period. The total factory overhead variance was

Select one:

a. $3 Favorable.

b. $1 Favorable.

c. $1 Unfavorable.

d. $3 Unfavorable

In: Accounting

What is a firm's total asset turnover

What is a firm's total asset turnover, If its fixed assets are 120,000 current assets are 30,000 current liabilities are 44,000 sales were 200,000 and net income was 75,000.

In: Accounting

HW Measuring Total Output & Income                                     

HW Measuring Total Output & Income

                                    A                                              B          
GDP ($millions)                       1000000          1050400          250000            288000
population (millions)                20                    20.2                 50                    60
GDP/pop ($thousands)          50,000__          52,000__          5,000 __          4,800 __


Economy A is a developed economy while B is a developing economy. Both are observed above at two points in time.                                                               
1)Which economy is bigger? A
2)Which economy grew? (both, neither, A, B) Both
3)Which economy added more output? 
4)Which economy had greater percentage growth?
5)Which has more people? B
6)Which population grew? (both, neither, A, B) Both grew but B grew more (50 to 60)
7)Which population had greater percentage growth?
8)Which had GDP per capita growth? (both, neither, A, B)   A
9)Which had more per capita? A

In: Economics

describe the total lung capacity columes

describe the total lung capacity columes

In: Anatomy and Physiology

Changes in the economy have determined that for the EZ shipping company, a surcharge will be...

Changes in the economy have determined that for the EZ shipping company, a surcharge will be assessed on all packages that meet certain criteria. The surcharge is a function of the characteristics of the package and the zip code to which it is sent.

1. The regular charges for shipping are calculated as follows:
     For all weights five pounds and under, the shipping cost is $12.00.

     For weights over five pounds, the charge is calculated as follows:
                        If length * width * height + weight is:

greater than 5 and less than or equal to 15, the shipping cost is 14.00

greater than 15 and less than or equal to 34, the shipping cost is 17.00

greater than 34 and less than or equal to 45, the shipping cost is 21.00

greater than 45 and less than or equal to 60, the shipping cost is 33.00

greater than 60, the shipping cost is 105.00

2. The additional charges are calculated as follows:

            If the first digit of the zip code is a "4" then there is an additional surcharge of 5% on the shipping cost.

If the first digit of the zip code is a "6" then there is an additional surcharge of 9% on the shipping cost.

For all other zip codes there is an additional surcharge of 14% on the shipping cost.

3. Finally, if the zip code is even, then there is an additional surcharge of 2% of the shipping

            cost.

Write a program that allows the user to input (in this order) the zip code, weight, length, width and height of the package then prints out the following:

The zip code and dimensions of the package

The shipping cost

The surcharge

The total shipping cost (shipping cost plus surcharge(s))

I have written out the code and have been able to get it to run but when I added in the 2% for even numbers portion of my code every thing went weird with my outputs. Every thing still compiles and works but I am not recieving the outputs I desire. Any help remedying this would be greatly appreciated.

import java.util.Scanner;
   //allows use of scanner for keyboard inputs
  
public class Shipping
   // Class titling
{


public static void main(String[] args)

   {

{
int zip;
double weight;
double length;
double width;
double height;
double surcharge;
double surcharge2;
double shippingCost;
  
   //Variables that will need defining for the shipping process
  
Scanner keyboard = new Scanner(System.in);
System.out.println("Hello, Welcome to EZ Shipping services! \n Please input the important details of your shipment when prompted");
System.out.println("What is the weight of your package? ");
weight = keyboard.nextDouble();
System.out.println("What is the length of your package? ");
length = keyboard.nextDouble();
System.out.println("What is the width of your package? ");
width = keyboard.nextDouble();
System.out.println("What is the height of youre package? ");
height = keyboard.nextDouble();
  
//Print outs for package detail inputs

double packages=length*width*height+weight;
//Package variables combined and stored
   {
shippingCost = 12;
//Stock sipping cost 12$

   }
  
if (weight >5)
   {
if (packages >=5.1 || packages <= 15)
   {
shippingCost= 14;
// if the package weight is above 5 but less than 15 the cost is increased to 14$
   }
else if (packages >= 15.1 || packages <= 34 )
   {
shippingCost= 17;
// if the package weight is above 15 but less than 34 the cost is increased to 17$
   }
else if (packages >= 34.1 || packages <= 45)
   {
shippingCost= 21;
// if the package weight is above 34 but less than 45 the cost is increased to 21$

   }
else if (packages >= 45.1|| packages <= 60)
   {
shippingCost= 33;
// if the package weight is above 45 but less than 60 the cost is increased to 33$

   }
else if (packages > 60)
   {
shippingCost= 105;
// if the package weight is above 60 cost is increased to a flat 105$

   }
}
System.out.println("What is your zip code? ");
zip = keyboard.nextInt();
  
if(zip == 4)
   {
surcharge = shippingCost*0.05;
// if the zip code starts with a 4 a 5% surcharge is added
   }
   else if(zip == 6)
   {
surcharge = shippingCost*0.09;
// if the zip code starts with a 6 a 9% surcharge is added
   }
   else
   {
surcharge = shippingCost*0.14;
// all other zip codes have a 14% surcharge added
   }
  
{
  
   if (zip % 2 == 0 );
surcharge2 = shippingCost*.02;
// calculation for if package is even zip code or not, if even add surcharge of 2%
}
double cost = shippingCost + surcharge + surcharge2;
// calculation for cost
double total;
total = shippingCost + surcharge + surcharge2 + packages;
// calculation for total

System.out.print("The Shipping Cost $"+ cost);
System.out.print(" Total with charges $"+ total);
// Final read out
   }
}
}

In: Computer Science

1.)The monopolistically competitive firm faces a perfectly elastic demand curve. True False 2.)A local store noticed...

1.)The monopolistically competitive firm faces a perfectly elastic demand curve.

True

False

2.)A local store noticed that when it increased the price of milk from $2.50 to $3.50 it sold exactly the same amount. Which statement below best describes what that means?

A.

Demand is perfectly elastic.

B.

Demand is relatively inelastic.

C.

Demand is unitary elastic.

D.

The law of demand is irrelevant.

E.

The demand is perfectly inelastic.

3.)The increase in total cost from one more unit of output is ____.

A.

total variable cost

B.

marginal fixed cost

C.

marginal variable cost

D.

marginal cost

4.)When MR and MC intersect in two places, the profit-maximizing output will be the one from which MC crosses MR from below.

True

False

5.)For a perfectly competitive firm, the marginal revenue curve _____.

A.

is horizontal

B.

is vertical

C.

is same as demand curve

D.

lies above demand curve

E.

lies below demand curve

In: Economics

Salatic Co has two types of handbags: standard and custom. The controller has decided to use...

Salatic Co has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on direct labor costs. The president has heard of activity-based costing system and wants to see how the results would differ if this system were used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to the company's operations: Standard Custom Total Direct labor costs $340,000 $204,000 $544,000 Machine hours 17,000 25,500 42,500 Setup hours 850 680 1,530 Total estimated overhead costs $380,800 Overhead cost allocated to machining cost pool $272,000 Overhead cost allocated to setup cost pool $108,800

Requirement: 1 Compute overhead costs allocated to each product using traditional (plantwide) approach

2 Compute overhead costs allocated to each product using ABC approach

3 Determine the difference and comment on the results.

In: Accounting

Salatic Co has two types of handbags: standard and custom. The controller has decided to use...

Salatic Co has two types of handbags: standard and custom. The controller has decided to use
a plantwide overhead rate based on direct labor costs. The president has heard of activity-based
costing system and wants to see how the results would differ if this system were used. Two
activity cost pools were developed: machining and machine setup. Presented below
is information related to the company's operations:
Standard Custom Total
Direct labor costs $       420,000 $        252,000 $            672,000
Machine hours 21,000 31,500                  52,500
Setup hours 1,050 840                     1,890
Total estimated overhead costs $            470,400
Overhead cost allocated to machining cost pool $            336,000
Overhead cost allocated to setup cost pool $            134,400
Requirement:
1 Compute overhead costs allocated to each product using traditional (plantwide) approach
2 Compute overhead costs allocated to each product using ABC approach
3 Determine the difference and comment on the results.

In: Accounting

The following cost data relate to the manufacturing activities of Black Company during the just-completed year:...

The following cost data relate to the manufacturing activities of Black Company during the just-completed year:

  Manufacturing overhead costs:
     Property taxes, factory $ 4,200
     Utilities, factory 6,800
     Indirect labour 12,400
     Depreciation, factory 27,000
     Insurance, factory 8,400
     Total actual manufacturing overhead costs $ 58,800
  Other costs incurred:
     Purchases of raw materials. $ 38,000
     Direct labour cost $ 48,400
  Inventories:
     Raw materials, beginning $ 10,400
     Raw materials, ending $ 8,200
     Work in process, beginning $ 7,800
     Work in process, ending $ 9,900

The company uses a predetermined overhead rate to apply overhead cost to production. The rate for the year was $6 per machine-hour; a total of 10,000 machine-hours were recorded for the year. All raw materials ultimately become direct materials—none are classified as indirect materials.

Required:

1. Compute the amount of underapplied or overapplied overhead cost for the year.

2. Prepare a schedule of cost of goods manufactured for the year.

In: Accounting