Jani Subramanian, owner of Jani's Flowers and Gifts, produces gift baskets for various special occasions. Each gift basket includes fruit or assorted small gifts (e.g., a coffee mug, deck of cards, novelty cocoa mixes, scented soap) in a basket that is wrapped in colorful cellophane. Jani has estimated the following unit sales of the standard gift basket for the rest of the year and for January of next year. September 250 October 200 November 230 December 380 January 100 Jani likes to have 5% of the next month's sales needs on hand at the end of each month. This requirement was met on August 31. Two materials are needed for each fruit basket: Fruit 1 pound Small gifts 6 items The materials inventory policy is to have 5% of the next month's fruit needs on hand and 35% of the next month's production needs of small gifts. (The relatively low inventory amount for fruit is designed to prevent spoilage.) Materials inventory on August 31 met this company policy. Required: 1. Prepare a production budget for September, October, November, and December for gift baskets. (Note: Round all answers to the nearest whole unit.) 2. Prepare a direct materials purchases budget for the two types of materials used in the production of gift baskets for the months of September, October, and November. (Note: Round answers to the nearest whole unit.)

Slate Corner Shoppe is a local convenience store with the following? information:

October sales were $290,000

Sales are projected to go up by 12?% in November (from the October ?sales) and another 20?% in December ?(from the November ?sales) and then return to the October level in January.

25% of sales are made in? cash, while the remaining 75?% are paid by credit or debit cards. The credit card companies and banks? (debit card? issuers) charge a 5?% transaction? fee, and deposit the net amount? (sales price less the transaction? fee) in the?store's bank account daily.??

Slate Corner? Shoppe's gross profit is 40?% of its sales revenue.???

For the next several? months, the store wants to maintain an ending merchandise inventory equal to $19,000 ?+ 25?% of the next? month's cost of goods sold. The September 30 inventory was $62,500.

Expected monthly operating expenses? include:

Wages of store workers are $9,400 per month

Utilities expense of $1,400 in November and $2,000 in December

Property tax expense of $2,700 per month

Property and liability insurance expense of $600 per month

Depreciation expense of $5,500 per month

Transaction? fees, as stated? above, are 5?% of credit and debit card sales

Board Company has a foreign subsidiary that began operations at the start of 2017 with assets of 148,000 kites (the local currency unit) and liabilities of 86,000. During this initial year of operation, the subsidiary reported a profit of 42,000 kites. It distributed two dividends, each for 6,600 kites with one dividend declared on March 1 and the other on October 1. Applicable exchange rates for 1 kite follow:

a. Assume that the kite is this subsidiary’s functional currency. What translation adjustment would Board report for the year 2017?

b. Assume that on October 1, 2017, Board entered into a forward exchange contract to hedge the net investment in this subsidiary. On that date, Board agreed to sell 155,000 kites in three months at a forward exchange rate of $0.81/1 kite. Prepare the journal entries required by this forward contract.

1. Record the entry for the Board being entered into a forward exchange contract.

2. Record the change in the value of the forward contract.

3. Record the purchase of foreign currency.

5. Record the delivery of the foreign currency and the closing of forward contract account.

c. Compute the net translation adjustment for Board to report in accumulated other comprehensive income for the year 2017 under this second set of circumstances.

The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month moving average for each month for both companies. (Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places.)

The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month moving average for each month for both companies. (Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places.)

15 a) If a company fails to make an adjusting entry to record supplies expense, then

a. owner's equity will be understated.

b.   expense will be understated.

c. assets will be understated.

d.   net income will be understated.

b. On June 1, during its first month of operations, Brodeur Spa purchased supplies for $4,200 and debited the supplies account for that amount. At June 30, an inventory of supplies showed

$1,000 of supplies on hand. What adjusting journal entry should be made for June?

c1. Trinity College sold season tickets for the 2018 football season for $320,000. A total of 8 games will be played during September, October and November. In September, three games were played. In October, three games were played. What is the balance in Unearned Ticket

Revenue as of October 31 (after adjusting entries has been made)?

c2. Please write the journal entries for the following transactions for Rindler Company for July

2018, the company’s first month of operations. You may omit explanations for the transactions.

a. Rich Rindler invested $38,000 cash to start an appliance repair business.

b.   Hired an employee to be paid $500 per week, starting tomorrow.

c. Paid two years’ rent in advance, $10,800.

d.   Paid the worker’s weekly wage.

e. Recorded service revenue earned and received for the week, $2,900.

Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: Cash balance, September 1 (from a summer job) $6,350 Purchase season football tickets in September 90 Additional entertainment for each month 220 Pay fall semester tuition in September 3,400 Pay rent at the beginning of each month 310 Pay for food each month 170 Pay apartment deposit on September 2 (to be returned December 15) 400 Part-time job earnings each month (net of taxes) 790 a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign. KATHERINE MALLOY Cash Budget For the Four Months Ending December 31 September October November December Estimated cash receipts from: Part-time job $ $ $ $ Deposit Total cash receipts $ $ $ $ Estimated cash payments for: Season football tickets $ Additional entertainment $ $ $ Tuition Rent Food Deposit Total cash payments $ $ $ $ Overall cash increase (decrease) $ $ $ $ Cash balance at beginning of month Cash balance at end of month $ $ $ $

The structure of the hotel industry

1- Describe the organizational chart of a 68-room, economy class hotel, franchised under a major chain’s logo, which has no food and beverageservice, not even breakfast.
2- Sketch the floor plan of the same hotel described abov

FORECASTING AVAILABILITY AND OVERBOOKING

A- On October 6, a 300-room property had occupancy of 70%. What is forecasted occupancy for October 7 if:
• 10 rooms are put out-of-order at 9am on October 6
• 150 rooms are on reservation
• Registration information indicates 101 rooms will depart today
• The hotel as an historical 6% cancellation rate
• The hotel as an historical 10% no-show rate

B- Assume that a 200-room hotel sold 50% of its rooms last night. Today, we anticipate that 75 rooms will depart. We hold60 6pm reservations and 90 guaranteed reservations. There are no advance deposits. What is the forecasted number of rooms available for sale
C- Assume that a given property has 300 rooms. After accounting for the day's departures and arrivals, 100 roomsremain unsold. Of these 100 rooms available, 50 rooms cannot be sold because they are out-of-inventory. In this case, theforecasted occupancy percentage would be

note : please expert right the answer on a paper to avoid plagorism paper and download it here . thankyou for your help

this is not a marketing class its front office

The budget director for Campbell Cleaning Services prepared the following list of expected selling and administrative expenses. All expenses requiring cash payments are paid for in the month incurred except salary expense and insurance. Salary is paid in the month following the month in which it is incurred. The insurance premium for six months is paid on October 1. October is the first month of operations; accordingly, there are no beginning account balances.

Required

1. Complete the schedule of cash payments for S&A expenses by filling in the missing amounts.

2. Determine the amount of salaries payable the company will report on its pro forma balance sheet at the end of the fourth quarter.

3. Determine the amount of prepaid insurance the company will report on its pro forma balance sheet at the end of the fourth quarter.

World-renowned Toyota Motor Company has a worldwide presence, with Toyota’s investment in North America alone exceeding $12 billion in 10 manufacturing plants. Toyota is at the forefront of lean firms and a showcase of JIT. Executives from all over the world make the journey to Toyota to see how JIT works.

But early one Saturday morning in February, a fire roared through the huge Aisin Seiki plant in Kariya, Japan. The fire incinerated the main source of crucial brake valves that Toyota buys from Aisin and uses in most of its cars. Aisin has long been a supplier of the critical brake-fluid-proportioning valves (P-valves), supplying 99% of Toyota’s requirement for the valve. About 80% of Aisin’s total output goes to Toyota. As the smoke cleared, the extent of the disaster was clear—most of the 506 special machines used to manufacture the P-valves were useless. A few might be repaired in 2 weeks, but most would need to be replaced—and the lead time was 6 weeks. Both Aisin and Toyota had been operating at full capacity.

Consistent with JIT practices, Toyota maintained only a 4-hour supply of the valve. And there were few of the valves in the closely knit network that constituted Toyota’s supply chain. Depending on a single source and holding little inventory is a risk, but it also keeps Toyota lean and its costs low. The Toyota plants in Japan build 14,000 cars a day. Without that valve, production would come to a rapid halt. Moreover, Toyota production managers were dismayed to find they needed 200 variations of the P-valve.

Consistent with the keiretsu networks that are typical of Japan’s manufacturing sector, Toyota holds 23% of Aisin’s stock, and Aisin’s president is Kanshiro Toyoda of the Toyoda family that founded the automaker, Kosuke Ikebuchi, a Toyota senior managing director, was tracked down at 8 A.M. at a golf course clubhouse and given the bad news.

Discussion Questions

1. If you are Mr. Ikebuchi, what do you do?
2. What does this experience tell you (and Aisin and Toyota) about just-in-time?
3. If you had been in charge of DaimlerChrysler’s JIT supplies the morning of September 11, 2001,

what actions would you have taken?