Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May:
| Production data: | ||
| Pounds in
process, May 1; materials 100% complete; conversion 90% complete |
88,000 | |
| Pounds started into production during May | 530,000 | |
| Pounds completed and transferred out | ? | |
| Pounds in
process, May 31; materials 60% complete; conversion 40% complete |
65,000 | |
| Cost data: | ||
| Work in process inventory, May 1: | ||
| Materials cost | $ | 106,000 |
| Conversion cost | $ | 59,700 |
| Cost added during May: | ||
| Materials cost | $ | 551,120 |
| Conversion cost | $ | 328,230 |
I want help on just doing Number 5. Thanks!
5. Prepare a cost reconciliation report for May.
In: Accounting
Note
( please do not answer with handwriting )
( Do not copy the answer from other resources)
( please i want any companies but NOT Hindustan Unilever
LTD, P&G
HUL Companies )
(Samsung and apple for example)
In: Economics
1. Modigliani and Miller (MM) have two propositions that they present under three different sets of assumptions, or cases. The first proposition discusses firm value, and the second proposition estimates the WACC.
a) In case 1, MM conclude that how you finance a firm “just doesn’t matter”. What are the key assumptions in this model and how does each influence MMs conclusion? Draw and label a graph and explain what happens to the cost of debt, the cost of equity, and the WACC in case 1. (i.e., in addition to drawing the graph, you must also explain why lines are increasing/decreasing/flat and so on.)
b) In case 2, MM conclude you should finance the firm 100% with debt. What is the key assumption change that they make? Repeat the graph from part a) with your new depictions and explanations of the cost of debt, the cost of equity, and the WACC.
In: Finance
Prepare the four financial statements using the Tabular analysis
John Edwards open his own Dental practice business on Jan 1, 2015. During the first month of operations, the following transactions occurred:
1. John invested $31,000 in cash in the business
2. Paid $1000 for January rent
3. Purchased equipment on account for $3000
4. Performed dental services for clients for cash $8000
5. Borrowed $1000 cash from a bank on a note payable
6. Performed dental services for clients on account $2000
7. Paid salaries $1000
8. Paid utilities $300
9. Paid $100 for advertising with local newspaper
10. John withdrew $1,500 for personal use
Instructions:
1) Prepare a tabular summary of the transactions
2) Prepare the income statement, owner’s equity, and balance sheet at January 30,2015
In: Accounting
Consider a market with two firms, where the firms manufacture commodities that are identical in all respects. Firm i produces output level qi , i = 1, 2, and q = q1+q2. The market demand curve is p = a−bq where a and b are positive constants. Firm i earns profits πi(q1, q2) = pqi − ciqi , where ci is its unit-cost of production. Assume 0 < ci < a for i = 1, 2. Finally, assume that Firm 2’s costs per unit are twice as high as Firm 1’s. In other words, assume c2 = 2c1.
a = 100,
b = 1,
c1 = 10,
c2 = 20.
(a) Find the best-response functions for both firms.
(b) Sketch of each best response function, first on separate diagrams, then on the same diagram.
(c) Find the Nash equilibrium
In: Economics
READING 2 The eardrum is displaced surprisingly little when a sound wave strikes it. Some idea of the displacement of the eardrum by a sound wave can be obtained by using Equation 7.1: Equation for wave energy The displacement amplitude, A, of the air molecules gives us a lower limit to the displacement of the eardrum.
At the threshold of hearing at 3.4 kHz, the sound intensity is about 10−12W/m2. The threshold of pain begins at an intensity of 1.0W/m2 (19).
What is the amplitude of eardrum vibrations at these intensities?
The density of air is 1.3kg/m3. The speed of sound is 331m/s.
Please write your answers with one decimal places.
(________________10^−3 nm (at threshold of hearing) (This value is ~ 3/100 the diameter of a hydrogen atom!)
________________10^3 nm (at threshold of pain)
I believe the answer to the first question is 3.19 x to^-3 nm
In: Physics
In: Statistics and Probability
Compute the weighted average (round to the nearest cent) for the following table of values:
| x | f(x) |
| $ 5 | 25 |
| $ 20 | 11 |
| $ 30 | 8 |
| $ 75 | 3 |
| $ 100 | 1 |
Also, what is the median dollar value from this data?
Compute the geometric mean return (rounded to 4 decimal places) for the following:
| Year | Return |
| 1 | 15% |
| 2 | -20% |
| 3 | 30% |
| 4 | -8% |
| 5 | 25% |
If you invested $1,200, how much would it be worth after 5 years (round to the nearest cent)?
When you answer the question put the 4 answers first, in this order and label like this:
Weighted Average:
Median value from the weighted average problem:
Geometric Mean Return:
What would be the value of $1,200:
And then explain the difference between weighted average and geometric mean.
In: Statistics and Probability
Ten randomly selected people took an IQ test A, and next day they took a very similar IQ test B. Their scores are shown in the table below.
| Person | A | B | C | D | E | F | G | H | I | J |
| Test A | 92 | 109 | 106 | 115 | 94 | 120 | 103 | 100 | 75 | 87 |
| Test B | 90 | 110 | 108 | 115 | 94 | 121 | 104 | 103 | 77 | 88 |
1. Consider (Test A - Test B). Use a 0.050.05 significance level to
test the claim that people do better on the second test than they
do on the first. (Note: You may wish to use software.)
a) What is the test statistic?
b) What is the critical value?
c) Construct a 9595% confidence interval for the mean of the differences. Again, use (Test A - Test B).
In: Statistics and Probability
The ABC Logistics Company wishes to test a new truck routing algorithm. A random sample of 20 trucks are enrolled in the test. The trucks are randomly assigned to two groups. Trucks in the first group are routed using the current algorithm. Trucks in the second group are routed using the proposed new algorithm. Performance of the algorithm is measured by the number of packages delivered on the test day.
|
Routing Algorithms |
Number of Packages Delivered |
Sample Mean |
Sample Standard Deviation |
|
Current Routing Algorithm |
100, 106, 103, 105, 101, 103, 104, 101, 103, 102 |
||
|
Proposed New Routing Algorithm |
108, 109, 103, 106, 108, 107, 104, 105, 106, 104 |
In: Statistics and Probability