2. Blockbuster Entertainment manufactures digital video equipment. For each unit $500 of direct material is used and there is $1,500 of direct manufacturing labour at $30 per hour. Manufacturing overhead is applied at $35 per direct manufacturing labour hour. Calculate the cost of each unit.
a. $4,975
b. $4,025
c. $3,750
d. $4,150
e. $4,725

3. In an activity-cost pool
a. a measure of the activity performed serves as the cost allocation base.
b. the costs have a cause-and-effect relationship with the cost-allocation base for that activity.
c. the cost pools are homogeneous over time.
d. costs in a cost pool can always be traced directly to products.
e. each pool pertains to a narrow and focused set of costs.

Answer the following question(s) using the information below.
Peter’s Printers has contracts to complete weekly supplements required by forty-six customers. For the year 2019, manufacturing overhead cost estimates total $360,000 for an annual production capacity of 7.2 million pages.


For 2019, Peter’s Printers has decided to evaluate the use of additional cost pools. After analyzing manufacturing overhead costs, it was determined that number of design changes, setups, and inspections are the primary manufacturing overhead cost drivers. The following information was gathered during the analysis:
Cost pool Manufacturing overhead costs Activity level
Design changes $60,000 400 design changes
Setups 260,000 5,000 setups
Inspections 40,000 10,000 inspections
   Total manufacturing overhead costs $360,000
During 2019, two customers, World Makers and Happy Studios, are expected to use the following printing services:

Activity World Makers Happy Studios
Pages 60,000 76,000
Design changes 10 0
Setups 20 10
Inspections 30 38

4. What is the cost driver rate if manufacturing overhead costs are considered one large cost pool and are assigned based on 7.2 million pages of production capacity?
a. $0.05 per page
b. $0.035 per page
c. $0.35 per page
d. $0.025 per page
e. $0.045 per page

5. Using pages printed as the only overhead cost driver, what is the manufacturing overhead cost estimate for World Makers during 2019?
a. $2,500
b. $21,000
c. $3,000
d. $2,700
e. $2,100


6. Assuming activity-cost pools are used, what are the activity-cost driver rates for design changes, setups, and inspections cost pools?
a. $200 per change, $64 per setup, $5 per inspection
b. $150 per change, $52 per setup, $5 per inspection
c. $150 per change, $64 per setup, $5 per inspection
d. $150 per change, $52 per setup, $4 per inspection
e. $200 per change, $5 per setup, $64 per inspection
Short Answer
The following costs are attributed to the Quilt Company:
Purchase of raw materials (all direct) $297,100
Direct labour cost $141,800
Manufacturing overhead costs $175,160
Inventories:
Beginning raw materials $10,000
Ending raw materials $900
Beginning work in process $20,000
Ending work in process $10,800
Beginning finished goods $20,000
Ending finished goods $5,800

Quilt Company used a 120% predetermined overhead rate based on direct labour cost.
Required:
7. Calculate the cost of goods manufactured.
8. What was the cost of goods sold before adjusting for any under or over applied overhead?
9. By how much was manufacturing overhead cost under or over applied?
10. Would the summary journal entry to close any under or over applied manufacturing overhead cost be a debit or credit to COGS?

Demand and Supply Project

Overview: In economics, students need to be able to graph and explain the concepts related to supply and demand.

Purpose: The purpose for this project is for students to demonstrate the ability to analyze objective data and use supply and demand models and concepts that project possible economic outcomes.

Requirements: Number and answer each of the questions below.

1. Graph the following price and quantity information for athletic shoes. Label all parts of the graph including price, quantity, supply, demand and the equilibrium point as E1. (2 points)

2. Is the demand curve a direct or inverse relationship? Explain how price relates to quantity demanded. (1 point)
3. Is the supply curve a direct or inverse relationship? Explain how price relates to quantity supplied. (1 point)
4. What is the equilibrium price and equilibrium quantity? Provide the exact numbers from the chart above. (1 point)
5. If the price of athletic shoes changes from $45 to $40 is this a movement along, or a shift of the demand and/or supply curves. Explain the changes in quantity demanded and quantity supplied. (2 points)
6. If incomes increase, what direction will the supply curve or demand curve shift? How do the equilibrium price and equilibrium quantity change? Show this on a separate graph with the original curves from question 1, label the new equilibrium point E2, and explain in writing which curve shifts and how equilibrium price and equilibrium quantity change (up or down). (3 points)
7. If labor costs decrease, what direction will the supply curve or demand curve shift? How do the equilibrium price and equilibrium quantity change? Show this on a separate graph with the original curves from question 1, label the new equilibrium point E3, and explain in writing which curve shifts and how equilibrium price and equilibrium quantity change (up or down). (3 points)
8. If a substitute good (tennis shoes) becomes available at a lower price, what direction will the supply curve or the demand curve shift. How do the equilibrium price and equilibrium quantity change? Show this on a separate graph with the original curves from question 1, label the new equilibrium point E4, and explain in writing which curve shifts and how equilibrium price and equilibrium quantity change (up or down). (3 points)
9. Answer all parts below using the following scenario: incomes decrease and labor costs decrease at the same time. (9 points in total)
   1. What direction will the supply and demand curves shift?
   2. Show on a separate graph, with the original curves from question 1, the potential situation that can occur if the demand curve shifts to a greater degree than the supply curve in relation to quantity. Label the new equilibrium point E5 and explain in writing what changes occur with the equilibrium price and the equilibrium quantity (up, down, or stays the same).
   3. Show on a separate graph, with the original curves from question 1, the potential situations that can occur if the demand curve shifts to a lesser degree than the supply curve in relation to quantity. Label the new equilibrium point E6 and explain in writing what changes occur with the equilibrium price and the equilibrium quantity (up, down, or stays the same).
   4. Show on a separate graph, with the original curves from question 1, the potential situations that can occur if the demand curve shifts to the same degree as the supply curve in relation to quantity. Label the new equilibrium point E7 and explain in writing what changes occur with the equilibrium price and the equilibrium quantity (up, down, or stays the same).

Sex Education and Teenage Pregnancy Santrock (2016) mentions in his text that the United States has one of the highest teenage pregnancy rates of industrialized nations, despite the fact that adolescent sexual activity is no higher in the United States. Why is that? For starters, sex during adolescence is considered a "taboo" subject in our culture. Abstinence is also promoted and touted as the most safest, surefire way to avoid the consequences of early sexual activity. Additionally, we teach teens that sexual activity is an "adult activity" and do not acknowledge that during the adolescent period, when there is an upsurge of hormones and changes in the physiological landscape, teens grow curious about their bodies and that of the opposite sex. Teens are also at a stage in their life where experimentation and identify formation are at its "peak", and questioning, expressing, and exploring their sexual identity is part of that process. How many people did you know in high school knew what sex was and even had sex? Probably the majority. That is because sexual curiosity during adolescence is part of healthy, typical human development. What is sex education? Briefly, sex education is about instilling accurate, scientific-based information and spreading awareness about the following: 1. The physiological changes that occur in the body due to pubertal/hormonal changes. 2. The risks and consequences involved in sexual activity such as contracting sexually transmitted diseases or pregnancy. 3. It involves teaching youngsters how to set boundaries with others when it comes to their own body and other people's bodies (i.e."No means NO!"). 4. Contraception options-how to be "sex smart" such as the benefits of using protection. 5. A discussion about knowing when they are "ready" to have sex. 6. Define rape and sexual assault and how to know if you are about to be a victim. Put it in Perspective... Answer the Following Discussion Questions: 1. What was your experience with 'sex education'? Did you take a class in school? Did you learn from your caregivers? Include points that you remember learning. And how has that served you as a teenager? 2. According to the film "Inside the Teenage Brain" and your textbook readings, what are some effective ways to approach a conversation with teenagers about 'safe sex'? and here is the example of answering the questions. and please answers the question like the way that my classmate answered and go to details and write down 2 paragraph in total like the way that muy classmate did. Thank you! Example: 1. In elementary school during the end of 4th grade is when I first got introduced to 'sex education'. It wasn't necessarily a real class but more of a discussion that lasted a couple days, no more than a week. I remember the boys were in one classroom getting taught about sex education as well with a male teacher and as for the girls, we were in a separate room getting taught about sex education with a female teacher. The same thing happened as we entered the 5th grade. I remember learning about the menstrual cycle for the first time and how to go about it. To be quite honest I don't remember much else from these discussions. What stuck most to my head was the topic of pubertal/hormonal changes. It served me well as a teenager because I was prepared for these changes to happen and knew exactly how to handle it. 2. An effective way to a approach a conversation with a teenager about 'safe sex' is first and foremost start the 'talk' early on. Also to approach the talk openly and in an non-judgemental way so they can feel confident about asking any questions regarding the topic. There must be a sense of trust.

JAVA programming Classwork- please answer all prompts as apart of one java programming project

Part A

Add to your project this class Position, which has x and y coordinates.

Create an abstract class GameElt, which has a String name, an int health (keep it in the range 0 to 100) and a Position pos.

For GameElt, include a default constructor that starts pos at (0, 0), and a parameterized constructor that takes x and y coordinates and a name. health should always start at 100.

Create a class BigDarnHero which inherits from GameElt. Override toString so that when we print a hero, we see something like "Thondar the Hero (3, 17)" based on the name and the position. Other than toString and two constructors taking the same parameters as in GameElt, you do not need to add anything else for this class at this time.

Part B

☑ Create an interface MoveStrategy which requires methods

• void move(Position p, String direction)
• boolean chanceToFall()

The idea is that moving in a given direction will change the given position, and chanceToFall will return true if a fall happened or false otherwise. How this happens will depend on the implementation in the actual classes.

Moving North or South will change the Y coordinate (vertical movement) moving East or West will change the X coordinate (horizontal movement). Direction will be passed as "N", "S", "E", or "W".

☑ Write a class WalkMoveStrategy which implements MoveStrategy. When walking, the position changes by 1 in the direction chosen, and a message like "Walking from (7,1) to (7, 2)." should also be printed out.

People who are walking have a 1 in 20 chance of falling. In chanceToFall choose a random number and use it to determine if chanceToFall returns true.

You do not need to add anything other than the methods to implement the strategy, not even a constructor

☑ Change GameElt so that it also has an instance variable moveStrat of type MoveStrategy.

Add to GameElt a method move(direction) which calls moveStrat's move method, passing it the direction given and GameElt's pos instance variable. Then call chanceToFall and if the GameElt fell while moving, print a statement about this and reduce health by 5.

☑ In all constructors for BigDarnHero, set the MoveStrategy to a new instance of WalkMoveStrategy.

☑ In a main program, create a BigDarnHero named "Mighty Thog" at (5, 3) and have them walk three moves north and one west. Print the hero before they move, and again after they have moved.

Part C

☑ Add another class RunMoveStrategy which implements MoveStrategy, and whose move method changes the position by 5 in the direction given, as well as printing something like "Running from (9, 3) to (4, 3). Boy my mighty thews are tired."

People who run have a 1 in 10 chance of falling.

☑ To BigDarnHero, add a method speedUp() which changes the hero's MoveStrategy to a RunMoveStrategy, and a method slowDown which changes the MoveStrategy to a WalkMoveStrategy.

☑ In the main program, have Mighty Thog move around, speed up, move around, slow down, and move around again.

Part D

☑ Add another strategy for movement, RandomCursedMoveStrategy, which changes the position by a random amount in a random direction, no matter what direction is passed in, and prints out something like "Truly, I am accursed and shall never get to class on time".

People moving by this strategy have a 50/50 chance of falling and hurting themselves.

In the main program, create a hero, set this as their movement strategy, and add some movement for them.

Problem 6-25 Changes in Fixed and Variable Costs; Break-Even and Target Profit Analysis [LO6-4, LO6-5, LO6-6]

Neptune Company produces toys and other items for use in beach and resort areas. A small, inflatable toy has come onto the market that the company is anxious to produce and sell. The new toy will sell for $2.60 per unit. Enough capacity exists in the company’s plant to produce 30,300 units of the toy each month. Variable expenses to manufacture and sell one unit would be $1.66, and fixed expenses associated with the toy would total $42,223 per month.

The company's Marketing Department predicts that demand for the new toy will exceed the 30,300 units that the company is able to produce. Additional manufacturing space can be rented from another company at a fixed expense of $2,111 per month. Variable expenses in the rented facility would total $1.82 per unit, due to somewhat less efficient operations than in the main plant.

Required:

1. What is the monthly break-even point for the new toy in unit sales and dollar sales.

2. How many units must be sold each month to attain a target profit of $9,594 per month?

3. If the sales manager receives a bonus of 25 cents for each unit sold in excess of the break-even point, how many units must be sold each month to attain a target profit that equals a 23% return on the monthly investment in fixed expenses?

(For all requirments, Round "per unit" to 2 decimal places, intermediate and final answers to the nearest whole number.)

Problem 6-25 Changes in Fixed and Variable Costs; Break-Even and Target Profit Analysis [LO6-4, LO6-5, LO6-6]

Neptune Company produces toys and other items for use in beach and resort areas. A small, inflatable toy has come onto the market that the company is anxious to produce and sell. The new toy will sell for $2.90 per unit. Enough capacity exists in the company’s plant to produce 30,500 units of the toy each month. Variable expenses to manufacture and sell one unit would be $1.84, and fixed expenses associated with the toy would total $47,995 per month.

The company's Marketing Department predicts that demand for the new toy will exceed the 30,500 units that the company is able to produce. Additional manufacturing space can be rented from another company at a fixed expense of $2,400 per month. Variable expenses in the rented facility would total $2.03 per unit, due to somewhat less efficient operations than in the main plant.

Required:

1. What is the monthly break-even point for the new toy in unit sales and dollar sales.

2. How many units must be sold each month to attain a target profit of $11,136 per month?

3. If the sales manager receives a bonus of 15 cents for each unit sold in excess of the break-even point, how many units must be sold each month to attain a target profit that equals a 24% return on the monthly investment in fixed expenses?

Problem 5-29 (Algo) Changes in Cost Structure; Break-Even Analysis; Operating Leverage; Margin of Safety [LO5-4, LO5-5, LO5-7, LO5-8]

Morton Company’s contribution format income statement for last month is given below:

The industry in which Morton Company operates is quite sensitive to cyclical movements in the economy. Thus, profits vary considerably from year to year according to general economic conditions. The company has a large amount of unused capacity and is studying ways of improving profits.

Required:

1. New equipment has come onto the market that would allow Morton Company to automate a portion of its operations. Variable expenses would be reduced by $6.90 per unit. However, fixed expenses would increase to a total of $596,160 each month. Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased.

2. Refer to the income statements in (1). For the present operations and the proposed new operations, compute (a) the degree of operating leverage, (b) the break-even point in dollar sales, and (c) the margin of safety in dollars and the margin of safety percentage.

3. Refer again to the data in (1). As a manager, what factor would be paramount in your mind in deciding whether to purchase the new equipment? (Assume that enough funds are available to make the purchase.)

4. Refer to the original data. Rather than purchase new equipment, the marketing manager argues that the company’s marketing strategy should be changed. Rather than pay sales commissions, which are currently included in variable expenses, the company would pay salespersons fixed salaries and would invest heavily in advertising. The marketing manager claims this new approach would increase unit sales by 30% without any change in selling price; the company’s new monthly fixed expenses would be $422,832; and its net operating income would increase by 20%. Compute the company's break-even point in dollar sales under the new marketing

Problem 5-29 (Algo) Changes in Cost Structure; Break-Even Analysis; Operating Leverage; Margin of Safety [LO5-4, LO5-5, LO5-7, LO5-8]

Morton Company’s contribution format income statement for last month is given below:

The industry in which Morton Company operates is quite sensitive to cyclical movements in the economy. Thus, profits vary considerably from year to year according to general economic conditions. The company has a large amount of unused capacity and is studying ways of improving profits.

Required:

1. New equipment has come onto the market that would allow Morton Company to automate a portion of its operations. Variable expenses would be reduced by $6.90 per unit. However, fixed expenses would increase to a total of $596,160 each month. Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased.

2. Refer to the income statements in (1). For the present operations and the proposed new operations, compute (a) the degree of operating leverage, (b) the break-even point in dollar sales, and (c) the margin of safety in dollars and the margin of safety percentage.

3. Refer again to the data in (1). As a manager, what factor would be paramount in your mind in deciding whether to purchase the new equipment? (Assume that enough funds are available to make the purchase.)

4. Refer to the original data. Rather than purchase new equipment, the marketing manager argues that the company’s marketing strategy should be changed. Rather than pay sales commissions, which are currently included in variable expenses, the company would pay salespersons fixed salaries and would invest heavily in advertising. The marketing manager claims this new approach would increase unit sales by 30% without any change in selling price; the company’s new monthly fixed expenses would be $422,832; and its net operating income would increase by 20%. Compute the company's break-even point in dollar sales under the new marketing strategy.

Problem 5-25A Changes in Fixed and Variable Expenses; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Neptune Company produces toys and other items for use in beach and resort areas. A small, inflatable toy has come onto the market that the company is anxious to produce and sell. The new toy will sell for $2.50 per unit. Enough capacity exists in the company’s plant to produce 30,700 units of the toy each month. Variable expenses to manufacture and sell one unit would be $1.60, and fixed expenses associated with the toy would total $40,945 per month. The company's Marketing Department predicts that demand for the new toy will exceed the 30,700 units that the company is able to produce. Additional manufacturing space can be rented from another company at a fixed expense of $2,047 per month. Variable expenses in the rented facility would total $1.75 per unit, due to somewhat less efficient operations than in the main plant. 1. Compute the monthly break-even point for the new toy in unit sales and in dollar sales. (Round "per unit" to 2 decimal places, intermediate and final answers to the nearest whole number.) 2. How many units must be sold each month to make a monthly profit of $9,600? (Round "per unit" to 2 decimal places, intermediate and final answer to the nearest whole number.) 3. If the sales manager receives a bonus of 15 cents for each unit sold in excess of the break-even point, how many units must be sold each month to earn a return of 22% on the monthly investment in fixed expenses? (Round "per unit" to 2 decimal places, intermediate and final answer to the nearest whole number.)

Problem 5-29 (Algo) Changes in Cost Structure; Break-Even Analysis; Operating Leverage; Margin of Safety [LO5-4, LO5-5, LO5-7, LO5-8]

Morton Company’s contribution format income statement for last month is given below:

The industry in which Morton Company operates is quite sensitive to cyclical movements in the economy. Thus, profits vary considerably from year to year according to general economic conditions. The company has a large amount of unused capacity and is studying ways of improving profits.

Required:

1. New equipment has come onto the market that would allow Morton Company to automate a portion of its operations. Variable expenses would be reduced by $6.60 per unit. However, fixed expenses would increase to a total of $558,360 each month. Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased.

2. Refer to the income statements in (1). For the present operations and the proposed new operations, compute (a) the degree of operating leverage, (b) the break-even point in dollar sales, and (c) the margin of safety in dollars and the margin of safety percentage.

3. Refer again to the data in (1). As a manager, what factor would be paramount in your mind in deciding whether to purchase the new equipment? (Assume that enough funds are available to make the purchase.)

4. Refer to the original data. Rather than purchase new equipment, the marketing manager argues that the company’s marketing strategy should be changed. Rather than pay sales commissions, which are currently included in variable expenses, the company would pay salespersons fixed salaries and would invest heavily in advertising. The marketing manager claims this new approach would increase unit sales by 30% without any change in selling price; the company’s new monthly fixed expenses would be $396,022; and its net operating income would increase by 20%. Compute the company's break-even point in dollar sales under the new marketing strategy.