1 .Wu Company incurred $40,000 of fixed cost and $50,000 of variable cost when 4,000 units of product were made and sold.

If the company's volume doubles, the company's total cost will:

stay the same.

double as well.

increase but will not double.

decrease.

2 .Hard Nails and Bright Nails are competing nail salons. Both companies have the same number of customers. Both charge the same price for a manicure. The only difference is that Hard Nails pays its manicurists on a salary basis (i.e., a fixed cost structure) while Bright Nails pays its manicurists on the basis of the number of customers they serve (i.e., a variable cost structure). Both companies currently make the same amount of net income. If sales of both salons increase by an equal amount, Hard Nails:

will earn a higher profit than Bright Nails.

will earn a lower profit than Bright Nails.

will earn the same amount of profit as Bright Nails.

The answer cannot be determined from the information provided.

3 The excess of a product's selling price over its variable costs is referred to as:

gross profit

gross margin

contribution margin

manufacturing margin

manufacturing margin

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs it 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.

Required:

1. Prepare entries to (a) record actual returns in 2021 of merchandise that was sold prior to 2021; (b) record actual returns in 2021 of merchandise that was sold during 2021; and (c) adjust the refund liability to its appropriate balance at year end.
2. What is the amount of the year-end refund liability after the adjusting entry is recorded?

the questions are

Record the year-end adjusting entry for estimated returns.

Record the adjusting entry for the estimated return of merchandise to inventory.

What is the amount of the year-end refund liability after the adjusting entry is recorded?

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2018 with a refund liability of $390,000. During 2018, Halifax sold merchandise on account for $12,400,000. Halifax's merchandise costs it 65% of merchandise selling price. Also during the year, customers returned $368,000 in sales for credit, with $203,000 of those being returns of merchandise sold prior to 2018, and the rest being merchandise sold during 2018. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.

Required:

1. Prepare entries to (a) record actual returns in 2018 of merchandise that was sold prior to 2018; (b) record actual returns in 2018 of merchandise that was sold during 2018; and (c) adjust the refund liability to its appropriate balance at year end.
2. What is the amount of the year-end refund liability after the adjusting entry is recorded?

I am getting everything besides part C. My math comes out to 4,000 for the difference in estimated and actual but mcgraw hill is saying this is incorrect.

Problem 16-05
Accounts Payable

A chain of appliance stores, APP Corporation, purchases inventory with a net price of $700,000 each day. The company purchases the inventory under the credit terms of 2/15, net 30. APP always takes the discount, but takes the full 15 days to pay its bills. What is the average accounts payable for APP? Round your answer to the nearest dollar.

$  

Problem 16-06
Receivables Investment

Snider Industries sells on terms of 3/10, net 45. Total sales for the year are $820,000. Thirty percent of customers pay on the 10th day and take discounts; the other 70% pay, on average, 50 days after their purchases. Assume 365 days in year for your calculations.

1. What is the days sales outstanding? Round your answer to one decimal place.
   days
   
2. What is the average amount of receivables? Round your answer to the nearest dollar. Do not round intermediate calculations.
   $  
   
3. What would happen to average receivables if Snider toughened its collection policy with the result that all nondiscount customers paid on the 45th day? Round your answer to the nearest dollar. Do not round intermediate calculations.
   $

Singapore based company Bee Bee is launching its product to the Australian market. Since the product will be sold to retail customers in Australia., it will be collecting A$. What kind of foreign exchange exposure does Bee Bee face?

Group of answer choices

Accounting exposure

Transaction exposure

Contractual exposure

Economic exposure

Translation exposure

A rental car company claims the mean time to rent a car on their website is 60 seconds with a standard deviation of 30 seconds. A random sample of 36 customers attempted to rent a car on the website. The mean time to rent was 75 seconds. Is this enough evidence to contradict the company's claim ?

I need help how to solve in Excel

A local chip manufacturer distributes chips in bags labeled as 150g. A group of consumers believe they are being cheated. They run a test on 32 bags, measures their contents, and obtains a sample mean of 145 grams with a standard deviation of 6 ounces. Use a 0.01 significance level to test the consumer's claim that the company is cheating its customers.

Warehouse should aim to provide value adding services as well as minimising operational costs. Taking this into consideration, your company has decided to build a new warehouse to cater for your customers in Johannesburg. the logistics manager has requested you to provide them with recommendations on the strategic issues that they need to consider when designing the warehouse.

JAVA JAVA JAVA

Hey i need to find a java code for my homework, this is my first java homework so for you i don't think it will be hard for you. (basic stuff)

the problem:

Write a complete Java program

The transport Company in which you are the engineer responsible of operations for the optimization of the autonomous transport of liquid bulk goods, got a design contract for an automated intelligent transport management system that are autonomous trucks which transport liquid bulk goods (urea, dust suppressants, acids, gasoline, milk, etc.), forming part of customer orders.

After loading at a centralized distribution center, the trucks move autonomously to the delivery points. After loading at a centralized distribution center, the trucks move autonomously to the delivery points.

The management of this automated intelligent transport management system is based on the following entities:

1) Goods stored at the centralized distribution center (Trois-Rivières).

2) Autonomous trailer trucks (tanks)

3) Orders of goods transported by autonomous trucks

4) Customers

5) Freight transport routes

6) Destination cities (delivery cities)

From lists of goods ordered from customers, a clerk generates delivery routes that send autonomous trucks pre-loaded with liquid goods transported by tanker.

The characteristics of each entity are:

• Merchandise:
  • Merchandise number
  • Description (ex: urea, dust suppressant, sodium hypochlorite, ethylene glycol, propylene glycol, acid, milk, etc.)
  • Volume in stock (liter)
  • example
  • Merchandise.dat
  • 1, acid, 350000
    2, urea, 1000000
    3, milk, 2000000
• Trucks:

• Truck number
• Transport capacity (liter ex: 35,000, 25,000, 15,000, 10,000)
• Autonomy Range (distance km)
• example:
• trucks.dat
• 1, 35000, 600
  2, 10000, 1000
  3, 20000, 800
  4, 35000, 600

• Orders :

• Order number
• Client number
• Commodity Number
• Volume (liter)
• Delivery city
• exemple;
• orders.dat:
• 1, 1, 1, 35000, Miami
  2, 3, 2, 70000, :Los angeles
  3, 2, 3, 25000, New York
  4, 4, 1, 105000, Chicago

• Clients :

• Client number
• City

• Routes:

• Trip number
• Truck number
• Number of different clients
• Client number
• Commodity number
• Volume delivered

• Delivery cities:

• City number
• Name

Stages of realization: THE QUESTION !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1

1. Write the implementation of the classes Merchandise, Customers, Trucks, Orders, Cities and Trips: for each of the classes, we propose to define the constructor of the class which makes it possible to load the existing data from Merchandise.dat, Customers.dat, Trucks.dat, Orders.dat, Trips.dat, Cities.dat files and at least one method for displaying the characteristics of a particular object from each of these classes.
2. Write a main program (main method) which:

• Allows you to add, delete, modify information, update data on disks (.dat files) on Goods, Customers, Trucks, Orders, Cities and Routes.
• Allows you to display all the characteristics of the journeys made.

Also displays information about Merchandises, orders, customers, trucks, cities.

• To do this you can use a menu in your main () function which allows you to select the operations (eg: additions, deletions, modifications, displays).

Your application must take into account the handling of errors (exceptions).

Say Zuzu Company currently has $10,000,000 in accounts receivable. It has day sales outstanding (DSO) of 60 days. Assume a 360-day year. The company wants to reduce its DSO to the industry average of 30 days by pressuring more of its customers to pay their bills on time. The company's CFO estimates that if this policy is adopted the company's average sales will fall by 20 percent. Assuming that the company adopts this change, succeeds in reducing its DSO to 30 days, and does lose 20 percent of its sales, what will be the level of accounts receivable following the change?