three customers contribute between 27% and 74% revenue 2004-2006 questions

Questions

(a) Describe the three components of the biopsychosocial model.

Psychological Disorders

Question: (a) Describe the three components of the biopsychosocial model.

(b) Consider someone with major depressive disorder (clinical depression). Give an example of a possible contributing factor for each of the three components of the model. Be sure to explain how each of your three examples might contribute to the depression according to the model.

(c) People with psychological disorders often face a stigma about their disorder. Choose one of your examples from part

(b) and explain how it might be exacerbated by the stigma that often surrounds psychological disorders.

In: Psychology

Fox Valley Health Care Facilities has three Revenue Producing Departments and four Non-Revenue Producing departments with...

Fox Valley Health Care Facilities has three Revenue Producing Departments and four Non-Revenue Producing departments with the data and costs as follows:

Departments	Costs	Cost Driver
Administration	$200,000	Direct costs
Maintenance	300,000	Square Feet
Purchasing	250,000	Number of Purchase Orders
Dietary	200,000	Number of Meals
Sunny Vale Nursing Home	500,000	Revenue Producing – N/A
In-Patient	600,000	Revenue Producing – N/A
Out-Patient	210,000	Revenue Producing – N/A

Cost Driver Data

Departments	Square feet	Purchase Orders	Meals Served
Administration	1,200	1,600	200
Maintenance	3,000	1,400	100
Purchasing	1,000	1,350	150
Dietary	4,000	1,000	200
Sunny Vale Nursing Home	25,000	1,500	600
In-Patient	11,000	1,300	300
Out-Patient	4,000	2,200	100

REQUIRED:

1. Prepare a memo describing and comparing the use of the direct method and the step-down method. Include a recommendation as to which you would use and explain that recommendation.

2. Prepare an Excel spreadsheet supporting your memo.

(a) Prepare a Cost report, using the Direct Method.

(b) Prepare a Cost Report, using Step-down Method.

i.Prepare the step-down.

ii.Determine the total amount of costs of each of the non-revenue producing departments that would be allocated to each of the revenue producing departments. Prepare a separate table providing this information.

In: Accounting

Fox Valley Health Care Facilities has three Revenue Producing Departments and four Non-Revenue Producing departments with...

Fox Valley Health Care Facilities has three Revenue Producing Departments and four Non-Revenue Producing departments with the data and costs as follows:

Departments	Costs	Cost Driver
Administration	$200,000	Direct costs
Maintenance	300,000	Square Feet
Purchasing	250,000	Number of Purchase Orders
Dietary	200,000	Number of Meals
Sunny Vale Nursing Home	500,000	Revenue Producing – N/A
In-Patient	600,000	Revenue Producing – N/A
Out-Patient	210,000	Revenue Producing – N/A

Cost Driver Data

Departments	Square feet	Purchase Orders	Meals Served
Administration	1,200	1,600	200
Maintenance	3,000	1,400	100
Purchasing	1,000	1,350	150
Dietary	4,000	1,000	200
Sunny Vale Nursing Home	25,000	1,500	600
In-Patient	11,000	1,300	300
Out-Patient	4,000	2,200	100

REQUIRED:

Prepare an Excel spreadsheet:

1. Prepare a Cost report, using the Direct Method.

2. Prepare a Cost report, using the Reciprocal Method.

3. Prepare a Cost Report, using Step-down Method.

i.Prepare the step-down.

ii.Determine the total amount of costs of each of the non-revenue producing departments that would be allocated to each of the revenue producing departments. Prepare a separate table providing this information.

In: Accounting

On 1 January 2006, Norris Company purchased equipment for $42,000. Norris also paid $1,200 for shipping...

On 1 January 2006, Norris Company purchased equipment for $42,000. Norris also paid $1,200 for shipping and installation. The equipment is expected to have a useful life of 10 years and a salvage value of $3,200.

(a) Calculate the depreciation expense for the years 2006 through 2008, using the straight-line method.
(b) Calculate the depreciation expense for the years 2006 through 2008, using the double- declining balance method.
(c) What is the book value of the equipment at the end of 2008 under each method?

You are required to show your workings clearly.

In: Accounting

Use this worksheet to identify the major characteristics of your target market in a nail salon/nail...

Use this worksheet to identify the major characteristics of your target market in a nail salon/nail bar business.

1. What are the demographic characteristics of your target market? (For individuals, list age, gender, marital status, income, education level, and so on. For businesses, list years in business, annual revenue, and industry.) __________________________________________________________________________

2. Describe the geographic area you are targeting. (Country, region, state, province, city, suburb, zip codes, and so on.) __________________________________________________________________________

3. What are some of the psychographic aspects of your customers? (Their motivations based on emotions, desires, lifestyle, and values.) __________________________________________________________________________

4. How and where do your customers make their purchases? How long do they wait between purchases? (NOTE: For example, if you are selling pizzas, where and how often do your customers buy them?) __________________________________________________________________________

5. How many people/businesses fit the characteristics of your target market in the specific geographic location you’re targeting? What is the size of your potential market in actual numbers? __________________________________________________________________________

6. How is your market changing? What are the trends and fads that are affecting your customers’ buying decisions? Is your market growing or shrinking?________________________________________________________________

7. How can you use the specific characteristics of your target market to shape your marketing activities?” __________________________________________________________________________

In: Operations Management

Assume that a sample is used to estimate a population mean μ. Find the 99.5% confidence...

Assume that a sample is used to estimate a population mean μ. Find the 99.5% confidence interval for a sample of size 74 with a mean of 56.3 and a standard deviation of 19.1. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places.

99.5% C.I. =

In a survey, 27 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $33.9 and standard deviation of $6.1. Estimate how much a typical parent would spend on their child's birthday gift (use a 98% confidence level). Give your answers to 3 decimal places.

Express your answer in the format of ¯x ± E.
$ ± $

In: Statistics and Probability

Tronic Financial corporation is a financial services holding company headquartered in Ithaca,New York, that offers banking...

Tronic Financial corporation is a financial services holding company headquartered in Ithaca,New York, that offers banking insurance and wealth management service. It pays cash dividends quarterly and also issues stock dividends periodically.

3. Tronic issued 9% stock dividends in 1995, 2003, 2005, 2006, 2010. In 1998, True issued a three-for-two split. If an investor purchased 800 shares in 1994, how many shares would the investor have in 2012?

In: Accounting

Twenty First Century Laundry 69 3 1 72 93 3 80 6 5 36 42 2...

Twenty First Century Laundry

69	3	1	72	93	3	80	6	5	36
42	2	64	44	15	77	49	85	82	102
28	70	41	30	25	45	31	49	49	49
13	42	27	13	45	31	14	34	32	39
19	29	12	19	30	14	21	14	14	52
7	13	18	8	14	19	18	21	21	5
94	19	6	107	19	2	41	7	15	15
53	8	90	55	2	64	16	12	27	53
35	16	35	38	3	9	9	9	11	39
16	17	18	23	74	25	26	58	59	62

Construct and show one box plot for the overall data. clearly show the values for the 5 box plot statistics

What are the values for the upper outlier and lower outlier limits?

Are there any outliers?

In: Statistics and Probability

Question 1 (14 marks): Recent data from North America’s largest cities provide insight into the amount...

Question 1 :

Recent data from North America’s largest cities provide insight into the amount of time residents spend waiting in traffic during the course of a single year. Following is the number of hours residents in 31 cities waited in traffic per year.

47 54 42 74 38 33 20 45 27 71

30 35 23 43 35 21 20 45 57 49

25 35 27 28 19 44 37 50 37 64 38

Use this data set to compute the following descriptive statistics:

a. Mean ________ b. Median _________ c. Mode __________

d. Range ________ e. Variance ________ f. Standard Deviation ________

g. Which one of these descriptive statistics is not measured in the same units as the data?

___________________________________________

h. Compute the Coefficient of Variation ___________

i. State the first quartile and explain its meaning. _______________________________

j. State the third quartile and explain its meaning. _______________________________

k. List the Five-number summary: ______________________________________________

l. Are the data skewed? If so, how? ____________________________________________

m. Does the data set contain any outliers? Explain. _________________________________

In: Statistics and Probability

Problem 3-05A a-g (Part Level Submission) On November 1, 2020, the account balances of Hamm Equipment...

Problem 3-05A a-g (Part Level Submission)

On November 1, 2020, the account balances of Hamm Equipment Repair were as follows.

No.	Debits		No.	Credits
101	Cash	$ 2,400	154	Accumulated Depreciation—Equipment	$ 2,000
112	Accounts Receivable	4,250	201	Accounts Payable	2,600
126	Supplies	1,800	209	Unearned Service Revenue	1,200
153	Equipment	12,000	212	Salaries and Wages Payable	700
			301	Owner’s Capital	13,950
		$20,450			$20,450

During November, the following summary transactions were completed.

Nov. 8		Paid $1,700 for salaries due employees, of which $700 is for October salaries.
10		Received $3,620 cash from customers on account.
12		Received $3,100 cash for services performed in November.
15		Purchased equipment on account $2,000.
17		Purchased supplies on account $700.
20		Paid creditors on account $2,700.
22		Paid November rent $400.
25		Paid salaries $1,700.
27		Performed services on account and billed customers for these services $2,200.
29		Received $600 from customers for future service.

(a)

Enter the November 1 balances in the ledger accounts.

Cash					No. 101
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Accounts Receivable					No. 112
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Supplies					No. 126
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Equipment					No. 153
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Accumulated Depreciation—Equipment					No. 154
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Accounts Payable					No. 201
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Unearned Service Revenue					No. 209
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Salaries and Wages Payable					No. 212
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√
Owner’s Capital					No. 301
Date	Explanation	Ref	Debit	Credit	Balance
Nov. 1	Balance	√

In: Accounting