Write a 2000 word report about the reward issues at Ritzy Cinema in south London. Ritzy Cinema is owned by Picturehouse. Use appropriate theoretical models to critically evaluate the reward problems experienced, particularly reward implementation issues. Address the situation from the point of view of the: 1. Picturehouse, the owners of Ritzy Cinema 2. Ritzy Cinema employees 3. Trade union Provide appropriate recommendations for how the situation might be resolved to the mutual benefit of all parties, which could prevent unrest happening in the future. Your recommendations should be logical, viable and scheduled. Also offer some costings.

8. Recessions in China, South Korea, Thailand, and Japan would cause

A) the U.S. price level and real GDP to fall.

B) the U.S. price level and real GDP to rise.

C) the U.S. price level to rise and real GDP to fall.

D) the U.S. price level to fall and real GDP to rise.

9. Which of the following is an example of a negative demand shock?

A) an increase in the money supply.

B) a stock market boom held by household.

C) the European debt crisis.

D) an increase in nominal wages.

13. Which of the following statements is true?

A) A demand shock is a sudden event that increases demand for goods or services temporarily.

B) A recessionary gap associated with a business-cycle contraction. A recessionary gap may also be identified as a contractionary gap.
C) An inflationary gap occurs when potential output exceeds actual output.

D) The European debt crisis is an example of a negative supply shock.

14. Stagflation may result from:

A) an increase in the supply of money or an increase in government spending.

B) a decrease in income taxes or a decrease in foreign income.

C) a stock market crash held by households or an increase in prices of houses.

D) an increase in nominal wages or a decrease in labor productivity.

An environmentally progressive small manufacturer in South Dakota has observed that her gas bill in February (the coldest month of the year) is usually about $900 (for space heating only). She uses a large natural gas space heater whose efficiency is known to be about 89%. She is considering upgrading to a furnace that uses a water source heat-pump with a coefficient of performance of 4.2. The heat-pump operates on 240 VAC electricity. Furthermore, she plans to install a wind turbine to generate enough electricity to power the new heat pump. The turbine will be connected to lead-acid batteries, each 12 VDC, but connected in strings of 5 batteries in series. In planning the wind turbine system, to choose an appropriate turbine and tower height, she needs to estimate the daily DC load that the wind turbine system would need to supply to the inverter on the ground. The inverter’s efficiency (in converting 60 VDC to 240 VAC) is 91%. Estimate the daily DC load (in Wh per day) as input to the inverter to power the heat-pump (for an average day in February). Put a box around this final estimate. By the way, her natural gas costs $6.25/mcf and the energy content of the gas is about 1030 btu/ft³. The electricity she is currently using costs $0.095/kWh.

1. Application of the “4/5 rule”

Porpoise Swimwear, Inc. is a clothing manufacturing company located in South Florida. They produce children’s recreation wear such as swimsuits, shorts, cover-ups, and t-shirts. Their clothing is sold throughout the U.S. through department stores such as Bloomingdale’s, Macy’s, and Nordstrom’s. They currently employ about 475 employees. Of these, 320 are women and 155 are men. However, of the 100 employees at the management level, 85 are men and 15 are women.

This year a strategic decision was made to expand internationally. Therefore, the workforce is being expanded at the production and the supervisory level. They hired 15 supervisors according to the following breakdown:

Five of the women, that did not receive the supervisor positions, filed a class action suit against Porpoise Swimwear, Inc. with the EEOC.

Your Assignment

You work for the EEOC. Your supervisor told you to use the “4/5 rule” to determine whether the women have a prima facia case before we proceed any further.

a.      Perform the math to determine whether there is a prima facia case. You must show your work in order to receive credit.

b.     From your calculations does it look like the women have a case and can proceed to court? Explain why, or why not.

c.     At this point, who does the burden of proof shift to? Support your answer with the legal information that you learned in class.

The following items were selected from among the transactions completed by Sherwood Co. during the current year:

CHART OF ACCOUNTSSherwood Co.General Ledger

. Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year. Scroll down to access page 12 of the journal.

PAGE 11

JOURNAL

ACCOUNTING EQUATION

PAGE 12

JOURNAL

ACCOUNTING EQUATION

Cash Budget

The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budgetinformation:

The company expects to sell about 10% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month following the sale and the remainder the following month (second month following sale). Depreciation, insurance, and property tax expense represent $10,000 of the estimated monthly manufacturing costs. The annual insurance premium is paid in January, and the annual property taxes are paid in December. Of the remainder of the manufacturing costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month.

Current assets as of September 1 include cash of $42,000, marketable securities of $60,000, and accounts receivable of $123,700 ($97,000 from July sales and $26,700 from August sales). Sales on account for July and August were $89,000 and $97,000, respectively. Current liabilities as of September 1 include $10,000 of accounts payable incurred in August for manufacturing costs. All selling and administrative expenses are paid in cash in the period they are incurred. An estimated income tax payment of $17,000 will be made in October. Bridgeport’s regular quarterly dividend of $10,000 is expected to be declared in October and paid in November. Management desires to maintain a minimum cash balance of $41,000.

Required:

1. Prepare a monthly cash budget and supporting schedules for September, October, and November. Input all amounts as positive values except overall cash decrease and deficiency which should be indicated with a minus sign. Assume 360 days per year for interest calculations.

Cash Budget

The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information:

The company expects to sell about 10% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month following the sale and the remainder the following month (second month following sale). Depreciation, insurance, and property tax expense represent $9,000 of the estimated monthly manufacturing costs. The annual insurance premium is paid in January, and the annual property taxes are paid in December. Of the remainder of the manufacturing costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month.

Current assets as of September 1 include cash of $40,000, marketable securities of $56,000, and accounts receivable of $115,900 ($91,000 from July sales and $24,900 from August sales). Sales on account for July and August were $83,000 and $91,000, respectively. Current liabilities as of September 1 include $9,000 of accounts payable incurred in August for manufacturing costs. All selling and administrative expenses are paid in cash in the period they are incurred. An estimated income tax payment of $15,000 will be made in October. Bridgeport’s regular quarterly dividend of $9,000 is expected to be declared in October and paid in November. Management desires to maintain a minimum cash balance of $39,000.

Required:

1. Prepare a monthly cash budget and supporting schedules for September, October, and November. Input all amounts as positive values except overall cash decrease and deficiency which should be indicated with a minus sign. Assume 360 days per year for interest calculations.

1. Department 2 is the second of three sequential processes. All materials are added at the beginning of processing in Department 2. During October, Department 2 reported the following data:

The company uses the weighted-average method in its process costing system. To the nearest cent, what is the cost per equivalent unit on the production report for conversion costs?

A) $6.30.         B) $5.51.         C) $7.38.         D) $6.45.

2. Reid Company uses a process costing system in which units go through several departments. In the Cutting Department for June, units in the beginning work-in-process inventory were 80% complete with respect to conversion costs. Units in the ending work-in-process inventory were 25% complete with respect to conversion costs. Other data for the department for June are as follows:

(Appendix 6A) Assuming that the company uses the FIFO cost method, what is the cost per equivalent unit for conversion costs for June, rounded to the nearest cent?

A) $1.35.         B) $1.68.         C) $1.80.         D) $1.40.

3. Ogden Company uses the weighted-average method in its process costing system. Information for the month of January concerning Department A, the first stage of the company's production process, follows:

Materials are added at the beginning of the process. The ending work in process is 50% complete with respect to conversion costs. What cost would be recorded for the ending work-in-process inventory?

A) $8,800.       B) $4,800.       C) $3,400.       D) $6,800.

Cash Budget

The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information:

The company expects to sell about 10% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month following the sale and the remainder the following month (second month following sale). Depreciation, insurance, and property tax expense represent $6,000 of the estimated monthly manufacturing costs. The annual insurance premium is paid in January, and the annual property taxes are paid in December. Of the remainder of the manufacturing costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month.

Current assets as of September 1 include cash of $42,000, marketable securities of $59,000, and accounts receivable of $122,400 ($96,000 from July sales and $26,400 from August sales). Sales on account for July and August were $88,000 and $96,000, respectively. Current liabilities as of September 1 include $6,000 of accounts payable incurred in August for manufacturing costs. All selling and administrative expenses are paid in cash in the period they are incurred. An estimated income tax payment of $17,000 will be made in October. Bridgeport’s regular quarterly dividend of $6,000 is expected to be declared in October and paid in November. Management desires to maintain a minimum cash balance of $41,000.

Required:

1. Prepare a monthly cash budget and supporting schedules for September, October, and November. Input all amounts as positive values except overall cash decrease and deficiency which should be indicated with a minus sign. Assume 360 days per year for interest calculations.