Which of the following costs would be considered relevant when deciding between two products to produce? Select one: A. Level of direct materials required B. Additional investment in factory equipment for one product C. Amount of additional direct and indirect labor D. The opportunity cost associated with one or the other product E. All of the above In the decision to make or buy a new component, if a company is producing at full capacity then the only factors that matter are the costs of materials, direct labor, and variable overhead. Select one: True False Which of the following is a disadvantage of using variable costing? Select one: A. Inventory values tend to be overstated. B. Two sets of accounting records must be maintained. C. CVP relationships are more difficult to determine than under absorption costing. D. Per-customer or per-product contribution margin is obscured. E. All of the above If a business segment is unprofitable, it should always be dropped. Select one: True False Under variable costing, a company expenses all fixed overhead costs in the same period that it incurs them. Select one: True False Which of the following equations is used in break-even analysis? Select one: A. Total Fixed Costs / Contribution Margin B. Total Fixed Costs / Contribution Margin Ratio C. Variable Cost per unit / Fixed Cost per unit D. Sales price per unit / Variable Cost per unit E. Both A and B Even if a business segment reports a loss, it may still be more profitable to keep the segment rather than drop it. Select one: True False Generally, a business segment should be discontinued if the cost savings would exceed the revenue that would be lost. Select one: True False
In: Accounting
2. Two firms propose to dispose of all of the waste currently entering the City of Columbia landfill. Each proposal is to handle the waste stream for 10 years. The current estimate is for about 220,000 tons of trash per year. Both firms’ minimum acceptable rate of return is 5 percent. Firm #1: Wants $3 million dollars up front and will bill the City at $32/ton of waste for the 10-year period. Firm #2: Wants $1.5 million up front and will bill the City at $35/ton for the first five years and $40/ton for the last five years.
Which firm would be a better deal for the City? Support your answer quantitatively
In: Finance
Need urgently, please do it as soon as possible i have only 40 min for this task ( Doing in Java).
Question no 1: Solve completely.
a) Define the following concepts with proper syntax, where required. Also, write why we use these concepts (for last three bullets).
Execution process of java program
Copy constructor
Instance and class variable
Access specifiers
b) Write a program to print the area of a rectangle by creating a class named 'Area' having two methods. First method named as 'setDim' takes length and breadth of rectangle as parameters and the second method named as 'getArea' returns the area of the rectangle. Length and breadth of rectangle are passed through constructor.
In: Computer Science
I'm making a python program that checks the users input. If the users input does not match the rules then the program will output "No".
If the users input does match the rules it will output "Yes".
The rules are :
at least 5 uppercase letters
at least 5 lowercase letters
at least 5 numbers
No more than 20 characters in total
I have managed to meet these conditions in individual python files but not in one. Ideally without importing anything, still learning the basics as you can see! Thanks
In: Computer Science
I'm making a python program that checks the users input. If the users input does not match the rules then the program will output "No". If the users input does match the rules it will output "Yes".
The rules are :
5 uppercase letters
5 lowercase letters
5 numbers
First letter must be capitilized
The total characters must be 15
I have managed to meet these conditions in individual python files but not in one. Ideally without importing anything, still learning the basics as you can see! Thanks
In: Computer Science
What is the future value of a $500 annuity payment over seven (7) years if interest rates are nine (9) percent per year?
Group of answer choices
A. $3,761.67
B. $5,514.24
C. $4,600.22
D. $4,494.44
E. $6,200.91
In: Finance
|
State of Economy |
Probability of State |
Return on Asset J in State |
Return on Asset K in State |
Return on Asset L in State |
||||||
|
Boom |
0.26 |
0.050 |
0.230 |
0.290 |
||||||
|
Growth |
0.37 |
0.050 |
0.150 |
0.210 |
||||||
|
Stagnant |
0.22 |
0.050 |
0.020 |
0.050 |
||||||
|
Recession |
0.15 |
0.050 |
−0.150 |
-0.180 | ||||||
a. What is the expected return of each asset?
b. What is the variance and the standard deviation of each asset?
c. What is the expected return of a portfolio with 12% in asset J, 48% in asset K, and 40% in asset L?
d. What is the portfolio's variance and standard deviation using the same asset weights from part (c)?
Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis after each answer box, only apply for the answers you will type.
In: Finance
Please prepare the journal entries for the transactions below:
Joan Miller Advertising Agency
This comprehensive problem involving the Joan Miller Advertising Agency covers all the learning objectives on measuring business transactions and measuring business income. The July 31, 20xx, post-closing trial balance for the Joan Miller Advertising Agency appears at the bottom of the next page. During August, the agency engaged in these transactions:
Aug.1 Received an additional investment of cash from Joan Miller, $6,300.
Purchased additional office equipment with cash, $1,200.
5 Received art equipment transferred to the business from Joan Miller $1,400
6 Purchased additional office supplies with cash, $90
7 Purchased additional art supplies on credit from Taylor Supply Company, $450.
8 Completed the series of advertisements (total price $800) for Marsh Tire Company that began on July 31. The July 31 portion was $200.
Paid the secretary for two weeks’ wages, $1,200. The last pay period ended Friday July 26.
Paid the amount due to Morgan Equipment for the office equipment purchased last month $1,500.
Accepted an advance in cash for artwork to be done for another agency, $1,600.
Purchased a copier (office equipment) from Morgan Equipment for $2,100, paying $350 in cash and agreeing to pay the rest in equal payments over the next five months.
Performed advertising services and received a cash fee, $1,450.
Received payment on account from Ward Department Stores for services for services performed last month, $2,800.
Paid amount due for the telephone bill that was received and recorded at the end of July $140.
Performed advertising services for Ward Department Stores and agreed to Accept payment next month, $3,200.
Performed art services for cash, $580.
Received and paid the utility bill August, $220.
Paid the secretary for two weeks’ wages, $1,200.
Paid the rent for September in advance, $800.
Received the telephone bill for August, which is to be paid next month, $160.
Paid cash to Joan Miller as a withdrawal for personal expenses, $1,400.
REQUIRED
Record the transactions for August in journal form
In: Accounting
You have just begun work at XYZ Manufacturing Company. Among its benefits offerings is a generous qualified 401(k) plan with an employer match. In 2015, your annual salary is $45,000 and you are age 55. You’ve decided to contribute 10 percent of your annual salary to your 401(k) plan even though the Internal Revenue Service allows you to contribute up to $24,000 in 2015 ($18,000 plus a $6,000 catch up contribution for employees age 50 or more). The annual addition is $53,000.
Questions: 9-9. How much more money would you need to contribute to meet the allowable maximum contribution?
9-10. In 2015, the company offers a $0.75 match for each dollar that you contribute between 3 percent and 6 percent of your annual salary. How much is the company match based on your 10 percent contribution?
9-11. Based on the sum of your answers to questions 9-9 and 9-10, what is the difference between the IRS maximum annual addition for 2015 and the total contribution to your 401(k) plan?
In: Operations Management
Phoenix Inc., a cellular communication company, has multiple business units, organized as divisions. Each division’s management is compensated based on the division’s operating income. Division A currently purchases cellular equipment from outside markets and uses it to produce communication systems. Division B produces similar cellular equipment that it sells to outside customers—but not to division A at this time. Division A’s manager approaches division B’s manager with a proposal to buy the equipment from division B. If it produces the cellular equipment that division A desires, division B will incur variable manufacturing costs of $60 per unit. Relevant Information about Division B Sells 92,500 units of equipment to outside customers at $130 per unit Operating capacity is currently 80%; the division can operate at 100% Variable manufacturing costs are $70 per unit Variable marketing costs are $8 per unit Fixed manufacturing costs are $920,000 Income per Unit for Division A (assuming parts purchased externally, not internally from division B) Sales revenue $ 320 Manufacturing costs: Cellular equipment 80 Other materials 10 Fixed costs 40 Total manufacturing costs 130 Gross margin 190 Marketing costs: Variable 35 Fixed 15 Total marketing costs 50 Operating income per unit $ 140
Required: 1. Division A wants to buy 42,000 units from division B at $75 per unit. Determine the contribution margin for each type sale by division B. Should division B accept or reject the proposal? How would your answer differ if (a) division A requires all 42,000 units in the order to be shipped by the same supplier and what would be the net operating loss or gain to division B and the firm as a whole, or (b) division A would accept partial shipment from division B and what would be the benefit from this alternative to division B? 2. What is the range of transfer prices over which the divisional managers might negotiate a final transfer price?
In: Accounting