Amazon Beverages produces and bottles a line of soft drinks using exotic fruits from Latin America and Asia. The manufacturing process entails mixing and adding juices and coloring ingredients at the bottling plant, which is a part of Mixing Division. The finished product is packaged in a company-produced glass bottle and packed in cases of 24 bottles each.

Because the appearance of the bottle heavily influences sales volume, Amazon developed a unique bottle production process at the company’s container plant, which is a part of Container Division. Mixing Division uses all of the container plant’s production. Each division (Mixing and Container) is considered a separate profit center and evaluated as such. As the new corporate controller, you are responsible for determining the proper transfer price to use for the bottles produced for Mixing Division.

At your request, Container Division’s general manager asked other bottle manufacturers to quote a price for the number and sizes demanded by Mixing Division. These competitive prices follow:

^a An equivalent case represents 24 bottles.

Container Division's cost analysis indicates that it can produce bottles at these costs:

These costs include fixed costs of $850,000 and variable costs of $4.50 per equivalent case. These data have caused considerable corporate discussion as to the proper price to use in the transfer of bottles from Container Division to Mixing Division. This interest is heightened because a significant portion of a division manager’s income is an incentive bonus based on profit center results.

Mixing Division has the following costs in addition to the bottle costs:

The corporate marketing group has furnished the following price–demand relationship for the finished product:

Required:

a. Amazon Beverages has used market price–based transfer prices in the past. Using the current market prices and costs and assuming a volume of 1.35 million cases (Enter your answers in thousands of dollars.)

a-1. Calculate operating profits for Container Division.

a-2. Calculate operating profits for Mixing Division.

a-3. Calculate operating profits for Amazon Beverages.

b-1. Calculate operating profits for Container for volumes of 450,000, 900,000 and 1,350,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Container?

b-2. Calculate operating profits for Mixing for volumes of 450,000, 900,000 and 1,350,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Mixing?

b-3. Calculate operating profits for Amazon Beverages for volumes of 450,000, 900,000 and 1,350,000cases. (Enter your answers in thousands of dollars.)

Which volume of production is the most profitable for Amazon Beverages?

Spacemakers of America, Inc., hired Jenny Tripplet as its bookkeeper. Pacemakers did not inquire about any prior criminal record or conduct a criminal background check of Triplett. If it had taken those steps, it would have discovered that Triplett was on probation for 13 counts of forgery and had been convicted of theft by deception. All convictions were the result of Triplett forging checks of previous employers.

Spacemakers delegated to Triplett sole responsibility for maintaining the company’s checkbook, reconciling the checkbook with monthly bank statements, and preparing financial reports. Triplett also handled the company’s accounts payable and regularly presented checks do Dennis Rose, the president of Spacemakers, so he could sign them.

Just weeks after starting her job at Spacemakers, Triplett forged Rose’s signature on a check for $3,000 made payable to her husband’s company, Triple M Entertainment Group, which was not a vendor for Spacemakers. By the end of the first full month of employment, Triplett forged 50 more checks totaling approximately $475,000. All checks were drawn against Spacemaker’s bank account at SunTrust Bank. No one except Triplet reviewed the company’s bank statements. Subsequently, a SunTrust employee visuasilly inspected a $30,670 check She became suspicious of the signature and called Rose. The SunTrust employee faxed a copy of the check to Rose, which was made payable to Triple M. Rose knew that Triple M was not one of the company’s vendors, and a Spacamekrs employee reminded Rose that Triplett’s husband owned Triple M. Rose immediately called the police and Triplett was arrested.

Spacemakers sent a letter to SunTrust Bank, demanding that the bank credit $523,106 to its account for the forged checks. The bank refused, contending that Spacemaker’s failure to provide the bank with timely notice of the forgeries barred Spacemaker’s claim. Spacemakers sued SunTrust for negligence and unauthorized payment of forged items. The trial court granted SunTrust’s motion for summary judgment. Pacemakers appealed.

Using IRAC, how should this case have been decided and why? Please, do not copy from google. I need original answer.

BellTower Company collected $13,000 in June of 2019 for 7 months of service which would take place from October of 2019 through April of 2020. What's the impact of Belltower's June collection of this money on the Balance Sheet?

Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results: Sales (27,200 x $96) $2,611,200 Manufacturing costs (27,200 units): Direct materials 1,572,160 Direct labor 372,640 Variable factory overhead 174,080 Fixed factory overhead 206,720 Fixed selling and administrative expenses 56,200 Variable selling and administrative expenses 68,000 The company is evaluating a proposal to manufacture 30,400 units instead of 27,200 units, thus creating an ending inventory of 3,200 units. Manufacturing the additional units will not change sales, unit variable factory overhead costs, total fixed factory overhead cost, or total selling and administrative expenses. a. 1. Prepare an estimated income statement, comparing operating results if 27,200 and 30,400 units are manufactured in the absorption costing format. If an amount box does not require an entry leave it blank. Marshall Inc. Absorption Costing Income Statement For the Month Ending October 31 27,200 Units Manufactured 30,400 Units Manufactured Sales $ 2,611,200 $ 2,611,200 Cost of goods sold: Cost of goods manufactured $ 2,325,600 $ 2,449,800 Inventory, October 31 0 Total cost of goods sold $ 2,325,600 $ Gross profit $ 285,600 $ Selling and administrative expenses 124,200 124,200 Operating income $ 161,400 $ Feedback a. 1. Recall that under absorption costing, the cost of goods manufactured includes direct materials, direct labor, and factory overhead costs. Both fixed and variable factory costs are included as part of factory overhead. Calculate unit cost for direct materials, direct labor, variable factory overhead, fixed factory overhead. Add together to get total unit cost. For 30,400 units, use the same unit costs for direct materials, direct labor, and variable overhead, but instead recalculate the fixed factory overhead and add this to obtain the unit cost at the 30,400 unit level. Sales - (cost of goods manufactured - Inventory, October 31) = Gross profit; gross profit - selling and administrative expenses = income from operations. Remember that the Inventory, October 31 adjustment will only be necessary at the 30,400 level. a. 2. Prepare an estimated income statement, comparing operating results if 27,200 and 30,400 units are manufactured in the variable costing format. If an amount box does not require an entry leave it blank. Marshall Inc. Variable Costing Income Statement For the Month Ending October 31 27,200 Units Manufactured 30,400 Units Manufactured Sales $ 2,611,200 $ 2,611,200 Variable cost of goods sold: Variable cost of goods manufactured $ 2,118,880 $ Inventory, October 31 0 Total variable cost of goods sold $ 2,118,880 $ Manufacturing margin $ 1,572,600 $ Variable selling and administrative expenses Contribution margin $ $ Fixed costs: Fixed factory overhead $ $ Fixed selling and administrative expenses Total fixed costs $ $ Operating income $ $ Feedback a. 2. Recall that under variable costing, fixed factory overhead costs are not a part of the cost of goods manufactured. Instead, fixed factory overhead costs are treated as a period expense. Therefore, recast the income statement such that Net sales - variable cost of products sold = Manufacturing margin; Manufacturing margin - variable selling and administrative expenses = Contribution margin; Contribution margin - (fixed manufacturing costs + fixed selling and administrative expenses) = income from operations. Remember that the variable cost of manufacturing will be the same at both levels after adjusting for Inventory, October 31. Thus manufacturing margin should also be the same for both levels. b. What is the reason for the difference in operating income reported for the two levels of production by the absorption costing income statement? The increase in income from operations under absorption costing is caused by the allocation of fixed factory overhead cost over a larger number of units. Thus, the cost of goods sold is less . The difference can also be explained by the amount of fixed factory overhead cost included in the ending inventory.

6.

A.

Below are two hypothesis tests for claims made about the proportion. These are both very controversial having to do actual election results in America. In some cases I rounded numbers off for convenience. This round off is negligible and does not change conclusions of the hypothesis test. They are similar. Do either one for test credit, and both for (+5) extra credit. If you do both I will count the best one for test credit, and the other for extra credit) (+12)

In the year 2000 George Bush defeated Al Gore in a very close election for President. A very important state was Florida. There was a very big problem with the vote count and ballot in Palm Beach County. There, many votes were cast for Pat Buchanan (a very unpopular candidate in the entire State). Only 17,356 of 5,930,820 voted for Buchanan in the State of Florida giving a population proportion of .0029. Supporters of Al Gore said that the 3407 of 462,000 votes for Buchanan in Palm Beach County was too high forming a proportion for this county that was significantly greater than .0029. They claimed there must have been some kind of error in the count of the ballot. Test the claim that the proportion is greater than .0029 at a statistical level of significance of .01. Show your hypothesis test and state your conclusion. Also, tell what you think about the results.( Below is the ballot used)

(+12)

Conclusion:

B. ..."Democracy failed in Georgia," Abrams said of the contest, which was marred by allegations of voter roll purging and suppression largely affecting African Americans. "This time, the mistakes clearly altered the outcome." This Quote was taken from Stacy Abrams. She was defeated by Brian Kemp in a race for Governor of Georgia in 2018. Her statement was based on a claim that the proportion of African American voters whose voter registration application where either on hold, or were not allowed to vote, was far too high. The population proportion of African American voters in this state is 32%. This sample of 53,000 “voters” whose votes were not counted, or were not allowed to vote, revealed approximately 37,100 were African Americans (this is 70%). Defenders of the Secretary Of State (who was, in fact, her opponent Brian Kemp), said their registrations were in error. In fact, this was true in some cases, were the applicant moved and their address were wrong, or things like a missing suffix (like Junior (Jr.)) was left off. Suppose it was found that of the 70% of African Americans whose votes were not counted, Kemp found legitimate reasons for about 20%.

Suppose Kemp is given the benefit of doubt, and we consider the sample of people who were not allowed to vote, or whose vote was not counted, to be 26500 African Americans from the 53,000. (that is, a sample proportion of .50)

Given the population proportion of African Americans in Georgia is 32%, test the claim that 26500 African Americans, of 53000 people whose vote was not counted or were not allowed to vote was too high. In fact, it is, to Quote Stacy Abrams “Outrageous”, at the 1% level of significance. Give the hypothesis test as well as what you think about this result.

( Note: p-hat= .5, n=53000)

Conclusion:

Question 3

Amritha Singh is a middle manager with Coaster Plus Ltd (Coasters), a company that designs and manufactures roller coasters for amusement parks across North America. She has been appointed one of the project managers for the design and delivery of a special roller coaster for the Ultimate Park Ltd, an American customer. A major component of the project is the steel tracking, and one possible source is Trackers Canada Ltd (Trackers). Amritha’s supervisor has asked her to negotiate the necessary contract. Amritha began negotiations with Jason Hughes. Jason is a representative of Trackers, the steel tracking manufacturer willing to supply tracking to Coasters, Amritha’s employer. Amritha provided Jason with the plans and specifications for the roller coaster, and they negotiated a number of points, including price, delivery dates, and tracking quality. A short time later, Jason offered to sell Coasters a total of 900 metres of track in accordance with the plans and specifications provided. Jason’s offer contained, among other matter, the purchase price ($1.5 million), delivery date, terms of payment, insurance obligations concerning the track, and a series of warranties related to the quality and performance of the tracking to be supplied. There was also a clause, inserted at Amritha’s express request, which required Trackers to pay $5000 to Coasters for every day it was late in delivering the tracking.

After renewing the offer several days, Amritha for several days, Amritha contacted Jason and said, “You drive a hard bargain, and there are aspects of your offer that I’m not entirely happy with. However, I accept your offer on behalf of my company. I’m looking forward to doing business with you.”

Within a month, Trackers faced a 20% increase in manufacturing costs owing to an unexpected shortage in steel. Jason contacted Amritha to explain this development and worried aloud that without an agreement from Coasters to pay 20% more for the tracking, Trackers would be unable to make its delivery date. Amritha received instructions from her supervisor to agree to the increased purchase price in order to ensure timely delivery. Amritha communicated this news to Jason, who thanked her profusely for being so cooperative and understanding.

Jason kept his word and the tracking was delivered on time. However, Coasters has now determined that its profit margin on the American deal is lower than expected, and it is looking for ways to cut costs Amritha is told by her boss to let Jason know that Coasters will not be paying the 20% price increase and will remit payment only in the amount set out in the contract. Jason and Trackers are stunned by this development.

Applying the relevant principle(s) of contract law discuss the following questions:

a) Whether the negotiations between Jason and Amritha have legal consequences. (3 marks)

b) Discuss specific applicable ways by which each party mentioned above could have avoided the contract and as well as the implications of each way identified. (4 marks)

c) Discuss the consequences of the instruction of Amritha’s boss to the effect that Coasters will not be paying the 20% price increase and will remit payment only in the amount set out in the contract. (4 marks)

The Concord Silver Company ("Concord") is a silver mining company engaged in the exploration, development and production of silver mining throughout Canada, Mexico and South America. It is one of the largest silver producers in the world. The company has great potential as it seeks to expand production at several new mining sites around the world.  

Concord has hired SRK Consulting ("SRK"), a major geology firm, to analyze the silver production value from one of its new mines. SRK has completed its analysis and determined that the new mine would be productive for eight years after which the silver would be completely mined.  

SRK has provided Concord with its financial analysis on the new mine. Specifically, SRK has projected that it would cost $850 million to open the mine and it would cost $75 million nine years from today to properly close the mine and reclaim the area surrounding it. Years one through eight would generate positive cash flows.  

SRK has prepared Table 1 which shows the projected cash flows from the mine for each year.

TABLE 1

Year 0 represents the year that the mine will open and the costs to open the mine. Year 9 represents the year when the mine will close and the costs incurred to shutter the mine and reclaim the surrounding area.  

Concord has asked you to assist them in analyzing this investment opportunity. Concord has informed you that they have a 12% required rate of return on all of its silver mines.  

INSTRUCTIONS:

Answer both questions below. The assignment may be done in excel or by hand. Students may use HP12c Platinum Financial calculator to calculate the answers. Numerical answers should be to the nearest hundredths of one percent (ex: 8.13 or 3.56%) Do not round your answers to a whole number.  

QUESTIONS:

1. Calculate the following. If possible, show the keystrokes for the HP12c Platinum Financial calculator or formulas applied on Excel.

a. Payback period

b. Net present value

c. Internal rate of return

d. Profitability index

2. Based on your analysis, should Concord open the mine? Answer "Yes" or "No" and provide an explanation that justifies your answer (no more than 1 paragraph).

Case Study No. 1
Sue Kim, 49 years of age, emigrated from South Korea to the
United States 6 years ago. Her family came to the US to
educate their children and moved in with family members in
Los Angeles. Sue and her husband graduated from a top-ranked university
in South Korea, and her husband also had a master’s degree in
business. However, their English skills were not adequate for
them to get jobs in the United States. Instead, they opened a
Korean grocery store with the money they brought from South
Korea, and they managed to settle down in Los Angeles, where a number of Koreans are living. They have two children: Mina, a 25-year-old daughter who is
now the manager of a local shop, and Yujun, a 21-year-old
son who is a college student. Both children were born in South
Korea and moved to United States with Sue. The children had
a hard time, especially Mina, who came to the United States in
her senior year of high school. However, the children finally
adapted to their new environment. Now, Mina is living alone
in one-bedroom apartment near downtown, and Yujun is
living in a university dormitory. The Kim’s are a religious family and attend their community’s
protestant church regularly. They are involved in many church
activities. Sue and her husband have been too busy to have
regular annual checkups for the past 6 years. About 1 year ago, Sue began to have serious indigestion, nausea, vomiting, and upper abdominal pain; she took some
over-the-counter medicine and tried to tolerate the pain. Last
month, her symptoms became more serious; she visited a local
clinic and was referred to a larger hospital. Recently, she was
diagnosed with stomach cancer after a series of diagnostics
tests and had surgery; she is now is undergoing chemotherapy. You are the nurse who is taking care of Sue during this
hospitalization. Sue is very polite and modest whenever you
approach her. Sue is very quiet and never complains about any
symptoms or pain. However, on several occasions, you think
that Sue is in serious pain, when considering her facial
expressions and sweating forehead. You think that Sue’s
English skills may not allow her to adequately communicate
with health care providers. Also, you find that Sue does not
have many visitors -only her husband and two children.

NCM 100 TFN – Case Study 1 Topic: Transitions Theory by Afaf Ibrahim Meleis
You frequently find Sue praying while listening to some
previous songs. You also find her sobbing silently. About 2
weeks are left until Sue finishes chemotherapy. You think that
you should do something for Sue so she will not suffer
through pain and symptoms that could be easily controlled
with existing pain-management strategies. Now, you begin
some preliminary planning. Answer the following Questions:
1. Describe your assessment of the transition(s) Sue is
experiencing. What are the types and patterns of transition(s)?
What properties of transitions can you identify from her case?
2. What personal, community, and societal transition
conditions may have influenced Sue’s experience? What are
the cultural meanings attached to cancer, cancer pain, and
symptoms accompanying chemotherapy, in this situation?
What are Sue’s cultural attitudes toward cancer and cancer
patient’s? What factors may facilitate or inhibit her
transition(s)?
3. Consider the patterns of response that Sue is showing. What
are the indicators of healthy transition(s)? What are the
indicators of unhealthy transition(s)?
4. Reflect on how Transitions Theory helped your assessment
and nursing care for Sue. 5. If you were Sue’s nurse, what would be your first
action/interaction with her? Describe a plan of nursing care for
Sue.

Genentech's main facility is located in south San Fransico. Suppose that Genentech would experience a direct loss of 550 million in the event of a major earthquake disrupting its operation. The chance of such an earthquake is 2.0 per year, with a beta of -50.

A. If the risk-free interest rate is 5.0%, and the expected return of the market is 11.09%. What is the actuarially fair insurance premium to cover genetech's loss?

Suppose the insurance premium to cover Genetech's loss is_____

B. Suppose the insurance company raises the premium by an additional 10% over the amount calculated in the past (a) to cover its administration and overhead costs.

What amount of financial distress or insurance costs would genetech have to suffer if it were not insured to justify purchasing the insurance?

The amount of financial distress of issuance costs is_______