Chapter 1 through 10
TRUE/FALSE
Write T for true or F for false.
In: Nursing
W1 Assignment 1
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Classifying Costs
The following is a list of costs that were incurred in the production and sale of large commercial airplanes:
Classify each cost as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost is a selling expense or an administrative expense.
| Costs | Classification |
| a. Salary of chief compliance officer of company | |
| b. Power used by painting equipment | |
| c. Instrument panel installed in the airplane cockpit | |
| d. Annual bonus paid to the chief operating officer of the company | |
| e. Turbo-charged airplane engine | |
| f. Interior trim material used throughout the airplane cabin | |
| g. Cost of normal scrap from production of airplane body | |
| h. Hourly wages of employees that assemble the airplane | |
| i. Salary of the marketing department personnel | |
| j. Cost of paving the headquarters employee parking lot | |
| k. Cost of electrical wiring throughout the airplane | |
| l. Cost of electronic guidance system installed in the airplane cockpit | |
| m. Salary of plant manager | |
| n. Cost of miniature replicas of the airplane used to promote and market the airplane | |
| o. Human resources department costs for the year | |
| p. Metal used for producing the airplane body | |
| q. Annual fee to a celebrity to promote the aircraft | |
| r. Hydraulic pumps used in the airplane’s flight control system | |
| s. Yearly cost of the maintenance contract for robotic equipment | |
| t. Prebuilt leather seats installed in the first-class cabin | |
| u. Depreciation on factory equipment | |
| v. Special advertising campaign in Aviation World magazine | |
| w. Oil to lubricate factory equipment | |
| x. Masks for use by painters in painting the airplane body | |
| y. Decals for cockpit door, the cost of which is immaterial to the cost of the final product | |
| z. Salary of chief financial officer |
In: Accounting
Complete the following statements to describe how independent assortment contributes to genetic variation. Not all choices will be used.
During independent assortment, ____________ chromosomes separate.
This separation is ____________ ; it is due to their alignment down the metaphase plate.
The maternal or paternal homologue may be oriented toward either ____________ .
This randomized separation aids in genetic ____________ for offspring.
This variation helps in the long-term ____________ of the species.
Word Bank:
|
extinction |
non-sister |
Survival |
|
homologous |
Plate |
Variation |
|
identical |
pole |
random |
Complete the following statements of how meiosis increases genetic variation. Not all choices will be used.
Two events within meiosis increase variability. During prophase I, ____________ and crossing-over occurs.
This event allows for ____________ to break and rejoin.
This results in two chromosomes with a different combination of ____________ than they had before.
During metaphase I, homologous pairs align ____________ at a cell's equator.
This results in random separation of maternal and paternal chromosomes when the cell divides, creating ____________ combinations of final chromosome combinations in human cells.
Word Bank:
|
autosomes |
8 |
independently |
synapsis |
|
6.02 x 10²³ |
dependently |
maternal and paternal |
nonsister chromatids |
|
64 |
genes |
sister chromatids |
2²³ |
Complete the following statements to describe the differences between chromosomes and chromatin. Not all choices will be used.
Genetic material within the nucleus of a cell is typically arranged as ____________ , or long tangled collections of DNA and proteins.
During cell division, this DNA condenses into tightly coiled structures to form ____________ .
Humans have 46 of these; 22 of these pairs are called the ____________ and one pair is called the ____________ chromosomes.
These ____________ chromosomes control gender. Males have ____________ X chromosome and a Y chromosome, while females have ____________ X chromosomes.
Word Bank:
|
autosomes |
determinate |
two |
|
chromatin |
one |
|
|
chromosomes |
sex |
Complete the following statements to describe the differences between chromosomes and chromatin. Not all choices will be used.
Duplicated chromosomes called ____________ chromatids, contain the same genes.
They are held together by a region called the ____________ .
The chromatids remain together until a phase within mitosis, where the ____________ splits.
At this point, the chromatids separate and two individual ____________ chromosomes are fully formed.
Word Bank:
|
brother |
daughter |
centromere |
|
sister |
center point |
In: Biology
Can you do in excel please
The Air Marshal Co. has recently completed a $10,000,000 two-year marketing study. Based on the results of this study, Air Marshal has estimated that 800 units of its new security electro-optical human scanning hardware, known as "Marshal Dillon," could be sold annually over the next 12 years, at a price of $110,000 the first year with an estimated 2% annual rise from inflation in years 2-6. The sales price is expected to drop to $90,000 in year 7 due to increasing competition with 2% annual increase for year 8-12. Variable costs per unit are $45,000 with an estimated 4% annual rise from inflation in years 2-12 and incremental cash fixed costs total $15 million per year all 12 years.
Start-up costs include $120 million to build production facilities and an additional $10,000,000 for shipping and installation costs, $25 million for land, and net operating working capital is projected to be 12% of next year sakes. The production facility will be depreciated on a straight-line basis to a value of zero over the twelve-year life of the project. At the end of the project's life, the facilities (including the land) will be sold for an estimated $25 million. The value of the land is not expected to change during this time period.
Finally, start up would also entail one-time tax-deductible cash expenses of $5 million at year zero. Air Marshal is an ongoing, profitable business and pays taxes at a 32% rate. Air Marshal has a 10% opportunity cost of capital for projects such as this one.
Be sure to answer to the following questions and express your numbers in millions of dollars where appropriate. If your annual income should be a loss, assume that tax could be saved from other profitable parts of the company.
In: Accounting
Part of a human resource managers job is to analyze the benefits programs to ensure that an organization is compliant and that the costs are within budget. There are a number of required programs such as social security, worker's compensation insurance, unemployment insurance, health care, and FMLA leave. In addition to these mandated programs, many employers offer additional benefits such as dental, vision, disability, life insurance, tuition reimbursement, holidays, vacation, other paid time off (jury duty, bereavement, etc), 401(k) or other retirement, student debt support and more.
Managed by Q Case Benefits Analysis: In the case study we learn that Managed by Q offers free health insurance, 40 hours of paid vacation and a 401(k) plan. In addition, they would have to offer the legally required benefits such as worker's compensation and unemployment. The financial spreadsheet indicates there is a 20% markup for benefits and taxes. In year 5, therefore, we could surmise that of the $2,729,927 in wages and taxes, 20% or approximately $545,000, went to benefits and taxes.
Note: In this exercise you need to weigh out how many benefits you would like to offer verse the cost of those benefits. In your paper be sure to (1) explore the current benefit offering and (2) talk about what benefits you might offer and/or what changes you would recommend to Managed by Q.
In: Accounting
John is a longtime patient in the practice where you work. Normally, he comes in once a year for a routine physical, but lately (the last six months) he has been in three times, complaining of extreme fatigue and weight loss (he has lost 15 pounds over the last seven months). The attending physician ordered a standard ELISA-type human immunodeficiency virus (HIV) test, which came back negative. This was in January. He was supposed to come back in May for a repeat test, but he was back one month later with a severe case of genital herpes lesions that had not healed after three weeks. The herpes eventually subsided, and he returned in May for a repeat HIV test. At this time, he told the doctor that he was recovering from a severe respiratory infection that he had been fighting for weeks. After more blood-work, the physician noted that his ELISA HIV results were negative again. His CD4 count was 200 cells/mm3. Two months later John was admitted to the hospital and a lung biopsy showed that he had Pneumocystis carinii; another HIV test was negative. He was released three weeks later, but after two months he was admitted again with the same infection. Another HIV test revealed negative results. Three days later he died.
1. What is an ELISA test, and what does the one for HIV actually detect? 2. John did indeed have an HIV infection, but continued to test negative. What are the possible explanations for the consistently negative results? (hint: it is not seroconversion) 3. Are there any alternative tests available for clinicians to test patients that they suspect are HIV-positive yet who test negative with normal HIV tests? Describe at least two different alternative tests. 4. Would you expect patients with a lack of serum reactivity (few to no antibodies) to have a fast or slow progression from HIV infection to full blown acquired immune deficiency syndrome (AIDS)? Defend your answer. 5. Which of John's reported symptoms are consistent with a diagnosis of HIV?
In: Nursing
1) Which of the following things would increase the value of Total Factor Productivity (TFP)?
Select one:
a. A new production method that can produce smaller, more efficient microchips.
b. None of the other answers.
c. A company hires a large amount of workers after building a brand new factory.
d. Foreign investors invest in physical capital.
2) The country of Rupertopia has one factory for all its workers in 2011 and 2012. There were 100 workers in 2011 and 150 workers in 2012. Additionally, there were 200 people living in Rupertopia in 2011 and 1,000 people in 2012. Real GDP was one million dollars in 2011 and two million dollars in 2012. Which of the following statements regarding labor productivity is true:
Select one:
a. Labor productivity in Rupertopia exhibits constant returns.
b. Labor productivity in Rupertopia exhibits increasing returns.
c. Labor productivity in Rupertopia exhibits diminishing returns.
d. More information is needed to determine whether labor productivity in Rupertopia exhibits di- minishing, constant, or increasing returns.
3) Which of the following changes would help to improve a country’s productivity level?
Select one:
a. Improvements in the health of workers
b. None of the other answers.
c. Tuition increases at local Universities
d. A lower birth rate
4) ”When workers already have a large quantity of capital to use in producing goods and services, giving them an additional unit of capital increases their productivity only slightly.” This statement
Select one:
a. is an assertion that capital is subject to increasing returns.
b. is made under the assumption that the quantities of human capital, natural resources, and technology are being held constant.
c. represents an unconventional view of the production process.
d. All of the other answers are correct.
5) Economic growth can be influenced by government policies. Which of the following can influence the economy’s growth rate?
Select one:
a. All of the other answers are correct
b. Promoting research and development of technologies
c. Fostering education
d. Maintaining property rights
In: Economics
The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Falls, Minnesota, uses a job order costing system for its batch production processes. The St. Falls plant has two departments through which most jobs pass. Plantwide overhead, which includes the plant manager’s salary, accounting personnel, cafeteria, and human resources, is budgeted at $200,000. During the past year, actual plantwide overhead was $185,000. Each department’s overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the St. Falls plant for the past year are as follows.
Overhead rate from part a=$20.76 per direct labor hour
Overhead rate from part b= $3.51 per machine hour
| Department A | Department B | ||||||
| Budgeted department overhead | |||||||
| (excludes plantwide overhead) | $ | 196,000 | $ | 559,000 | |||
| Actual department overhead | 142,000 | 574,000 | |||||
| Expected total activity: | |||||||
| Direct labor hours | 36,000 | 10,000 | |||||
| Machine-hours | 14,000 | 43,000 | |||||
| Actual activity: | |||||||
| Direct labor hours | 38,500 | 9,400 | |||||
| Machine-hours | 14,500 | 45,000 | |||||
For the coming year, the accountants at St. Falls are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows.
| Direct materials | $ | 16,500 | |
| Direct labor cost: | |||
| Department A (2,000 hr) | 30,000 | ||
| Department B (500 hr) | 10,000 | ||
| Machine-hours projected: | |||
| Department A | 140 | ||
| Department B | 1,200 | ||
| Units produced | 10,000 | ||
c-1. The sales policy at St. Falls dictates that job bids be calculated by adding 24 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a?
c-2. The sales policy at St. Falls dictates that job bids be calculated by adding 24 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b?
In: Accounting
Can you do in excel please and show Formulas
The Air Marshal Co. has recently completed a $10,000,000 two-year marketing study. Based on the results of this study, Air Marshal has estimated that 800 units of its new security electro-optical human scanning hardware, known as "Marshal Dillon," could be sold annually over the next 12 years, at a price of $110,000 the first year with an estimated 2% annual rise from inflation in years 2-6. The sales price is expected to drop to $90,000 in year 7 due to increasing competition with 2% annual increase for year 8-12. Variable costs per unit are $45,000 with an estimated 4% annual rise from inflation in years 2-12 and incremental cash fixed costs total $15 million per year all 12 years.
Start-up costs include $120 million to build production facilities and an additional $10,000,000 for shipping and installation costs, $25 million for land, and net operating working capital is projected to be 12% of next year sakes. The production facility will be depreciated on a straight-line basis to a value of zero over the twelve-year life of the project. At the end of the project's life, the facilities (including the land) will be sold for an estimated $25 million. The value of the land is not expected to change during this time period.
Finally, start up would also entail one-time tax-deductible cash expenses of $5 million at year zero. Air Marshal is an ongoing, profitable business and pays taxes at a 32% rate. Air Marshal has a 10% opportunity cost of capital for projects such as this one.
Be sure to answer to the following questions and express your numbers in millions of dollars where appropriate. If your annual income should be a loss, assume that tax could be saved from other profitable parts of the company.
In: Finance
Can you do in excel please and show Formulas
The Air Marshal Co. has recently completed a $10,000,000 two-year marketing study. Based on the results of this study, Air Marshal has estimated that 800 units of its new security electro-optical human scanning hardware, known as "Marshal Dillon," could be sold annually over the next 12 years, at a price of $110,000 the first year with an estimated 2% annual rise from inflation in years 2-6. The sales price is expected to drop to $90,000 in year 7 due to increasing competition with 2% annual increase for year 8-12. Variable costs per unit are $45,000 with an estimated 4% annual rise from inflation in years 2-12 and incremental cash fixed costs total $15 million per year all 12 years.
Start-up costs include $120 million to build production facilities and an additional $10,000,000 for shipping and installation costs, $25 million for land, and net operating working capital is projected to be 12% of next year sakes. The production facility will be depreciated on a straight-line basis to a value of zero over the twelve-year life of the project. At the end of the project's life, the facilities (including the land) will be sold for an estimated $25 million. The value of the land is not expected to change during this time period.
Finally, start up would also entail one-time tax-deductible cash expenses of $5 million at year zero. Air Marshal is an ongoing, profitable business and pays taxes at a 32% rate. Air Marshal has a 10% opportunity cost of capital for projects such as this one.
Be sure to answer to the following questions and express your numbers in millions of dollars where appropriate. If your annual income should be a loss, assume that tax could be saved from other profitable parts of the company.
In: Finance