Here are the budgets of Brandon Surgery Center for the most recent historical quarter (thousands of dollars?):

                                               Static                     Flexible                     Actual

Number of surgeries                1,200                       1,300                      1,300

Patient Revnue                        $2400                      $2600                      $2535

Salary Expense                        1200                        1300                          1365

non-salary expense                    600                         650                            585

profit                                           $600                       $650                            $585

The center assumes that all revenues and costs are variable and hence tied directly to patient volume.

A. Explain how each amount in the flexible budget was calculated (Hint: Examine the static budget to determine the relationship of each budget line to volume.)

B. Determine the variances for each line of the profit and loss statement, both in dollar terms and in percenage terms. (Hint: Each line has a total variance, a volume variance, and a price varianc (fro revenues) and mananagment variance (for expenses)

C. What do the Part b results tell Brandons managers about the surgery centers operations for the quarter?

The following information pertains to the most recent quarter at Precious Production Limited.

Deitz Corporation is projecting a cash balance of $34,200 in its December 31, 2019, balance sheet. Deitz’s schedule of expected collections from customers for the first quarter of 2020 shows total collections of $210,900. The schedule of expected payments for direct materials for the first quarter of 2020 shows total payments of $49,020. Other information gathered for the first quarter of 2020 is sale of equipment $3,420; direct labor $79,800, manufacturing overhead $39,900, selling and administrative expenses $51,300; and purchase of securities $15,960. Deitz wants to maintain a balance of at least $28,500 cash at the end of each quarter.

Prepare a cash budget for the first quarter.

2. Nieto Company’s budgeted sales and direct materials purchases are as follows.

Nieto’s sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible. Nieto’s purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase.

(a)

Prepare a schedule of expected collections from customers for March.

(b)

Prepare a schedule of expected payments for direct materials for March.

X Corporation, which uses a normal job costing system and dispose the over/under applied manufacturing overhead using write-off method, had two jobs in process at the start of 20x2: Job No. 59, WIP Balance$66,500Job No. 60, WIP Balance$139,500X applies manufacturing overhead on the basis of machine hours.At the beginning of the 20x2, X corporation estimated its manufacturing overhead during the first quarter would total $231,250and its budgeted machine hours would total 6250Manufacturing overhead incurred during the first quarter of 20x2 included following charges:Depreciation $20,000Indirect labor 50000Indirect materials used 4000Other factory costs128700The company worked on three jobs during the first quarter. Costs added during the first quarter were as follows:Job No.Direct MaterialDirect LaborMachine Hours59$18,000$45,000150060025,00010006137,00035,000?The manufacturing overhead account showed that overhead was overapplied by $34,100Job no. 59 and 60 were completed during the quarter, and X sold job no. 59 for $218,000.00Round your answers to the nearest dollar. Fill in the blank without $ or comma or period, e.g., 12345

How many machine hours were used by Job no. 61?

What was the gross margin of Job no. 59 after the adjustment of overapplied manufacturing overhead?

In the coming year, Urayse, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitive-motion injuries. The brace will be sold for $11.25 to retailers throughout the country. All sales will be made on account. An expected 65% of sales will be collected within the quarter of the sale, and another 30 % in the quarter following the sale. The remaining 5% of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows

Prepare Urayse, Inc.'s, cash receipts budget for the coming year.   

consider the hypothetical example of dominion island that has firms producing only two goods,textiles and sugar,the proceeds of which it used to purchase other goods and services from other countries through its bank .Assuming that all other required institutions in an economy are prevalent in this island,discuss the circular flow of income and spending in dominion island.

consider

Consider the hypothetical example of dominion Island that has firms producing only two goods, gold and cotton, the proceeds of which it uses to purchase other goods and services from neighboring islands through its banks. Assuming that all other institutions in an economy are prevalent in this island, discuss the circular flow of income and spending in dominion Island

GDP measures the:

1a. An unidentified flying object (UFO) is observed to travel a total distance of 46000 m, starting and ending at rest, over a duration of 1.57 s. Assuming the UFO accelerated at a constant rate to the midpoint of its journey and then decelerated at a constant rate the rest of the way, what was the magnitude of its acceleration? Express your answer in g s , where 1 g = 9.81 m/s^2.

b. A Ford passes a Toyota on the road (both vehicles are traveling in the same direction). The Ford moves at a constant speed of 45.3 m/s. Just as the Ford passes it, the Toyota is traveling at 16.0 m/s. As soon as the Ford passes the Toyota, the Toyota begins to accelerate forward at a constant rate. Meanwhile the Ford just keeps going at a steady [] m/s to the east. The Toyota catches up to the Ford a distance of 89.0 m ahead of where the Ford first passed it. What was the magnitude of the Toyota s acceleration?

c. Driving down the road at a speed of 33.7 m/s, you suddenly notice a fallen tree blocking the road a distance of 85.1 m ahead of you. You step on the brake pedal and decelerate at a constant rate. What must the magnitude of your acceleration be so that you will come to a stop 5.4 m in front of the tree?

You are compiling 3D reconstructions from 2D x-ray images obtained from a medical scanner. An average 2D x-ray image occupies 3.5 megabytes of memory with a standard deviation of 1.6 megabytes. If your initial reconstruction will be compiled from 64 x-ray images, find the probability that the average 2D image size in your reconstruction is (a) at most 3.0 megabytes; (b) more than 3.8 megabytes