he Roosevelt Company presently makes 27,000 units of a certain component each year for use on its production line.  The cost per unit for the component at this level of activity is as follows

Direct materials.................................$4.20

Direct Labor.....................................$12.00

Variable factory overhead................. $5.80

Fixed factory overhead......................$6.50

Roosevelt has received an offer from an outside supplier who is willing to provide 27,000 units of this component at a price of $25 per component.  Assume that if the component is purchased from the outside supplier, $35,100 of annual fixed factory overhead could be avoided and the facilities now being used to make the component could be rented to another company for $64,800 per year. If Roosevelt chooses to buy the component from the outside supplier under these circumstances, how much would annual net income increase or decrease by?

[The following information applies to the questions displayed below.]

On January 1, Boston Company completed the following transactions (use a 7% annual interest rate for all transactions): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

1. Borrowed $118,000 for nine years. Will pay $7,500 interest at the end of each year and repay the $118,000 at the end of the 9th year.
2. Established a plant remodeling fund of $492,250 to be available at the end of Year 10. A single sum that will grow to $492,250 will be deposited on January 1 of this year.
3. Agreed to pay a severance package to a discharged employee. The company will pay $76,500 at the end of the first year, $114,000 at the end of the second year, and $151,500 at the end of the third year.
4. Purchased a $177,500 machine on January 1 of this year for $35,500 cash. A five-year note is signed for the balance. The note will be paid in five equal year-end payments starting on December 31 of this year.

References

Section BreakP9-11 Computing Present Values LO9-7, 9-8

11.

value:
7.14 points

Required information

P9-11 Part 1

Required:

1. In transaction (a), determine the present value of the debt. (Round your answer to nearest whole dollar.)

References

eBook & Resources

WorksheetDifficulty: 3 HardLearning Objective: 09-08 Apply the present value concept to the reporting of long-term liabilities.

P9-11 Part 1Learning Objective: 09-07 Compute and explain present values.

Check my work

12.

value:
7.14 points

Required information

P9-11 Part 2

2-a. In transaction (b), what single sum amount must the company deposit on January 1 of this year? (Round your answer to nearest whole dollar.)

2-b. What is the total amount of interest revenue that will be earned? (Round your answer to nearest whole dollar.)

References

eBook & Resources

WorksheetDifficulty: 3 HardLearning Objective: 09-08 Apply the present value concept to the reporting of long-term liabilities.

P9-11 Part 2Learning Objective: 09-07 Compute and explain present values.

Check my work

13.

value:
7.14 points

Required information

P9-11 Part 3

3. In transaction (c), determine the present value of this obligation.

References

eBook & Resources

WorksheetDifficulty: 3 HardLearning Objective: 09-08 Apply the present value concept to the reporting of long-term liabilities.

P9-11 Part 3Learning Objective: 09-07 Compute and explain present values.

Check my work

14.

value:
7.18 points

Required information

P9-11 Part 4

4-a. In transaction (d), what is the amount of each of the equal annual payments that will be paid on the note?

4-b. What is the total amount of interest expense that will be incurred?

Consider the following LP formulation of the modified Dog Food example you learned in class (by adding gruel 5). The objective coefficients represent unit costs ($ per 16 oz) for the gruels. The RHS’s represent the nutrition requirements (measured in oz). MIN 4 G1 + 6 G2 + 3 G3 + 2 G4 + 5 G5 SUBJECT TO 2) 3 G1 + 5 G2 + 2 G3 + 3 G4 + 4 G5 >= 3 (Protein Req.) 3) 7 G1 + 4 G2 + 2 G3 + 8 G4 + 2 G5 >= 5 (Carbohydrate Req.) 4) 5 G1 + 6 G2 + 6 G3 + 2 G4 + 4 G5 >= 4 (Fat Req.) 5) G1 + G2 + G3 + G4 + G5 = 1 (Total %) END Below is the LINDO output of the problem. OBJECTIVE FUNCTION VALUE 1) 3.000000 VARIABLE VALUE REDUCED COST G1 0.000000 0.500000 G2 0.166667 0.000000 G3 0.333333 0.000000 G4 0.500000 0.000000 G5 0.000000 1.000000 ROW SLACK OR SURPLUS DUAL PRICES 2) 0.000000 -1.000000 3) 0.333333 0.000000 4) 0.000000 -0.500000 5) 0.000000 2.000000 RANGES IN WHICH THE BASIS IS UNCHANGED: OBJ COEFFICIENT RANGES VARIABLE CURRENT ALLOWABLE ALLOWABLE COEF INCREASE DECREASE G1 4.000000 INFINITY 0.500000 G2 6.000000 2.000000 3.000000 G3 3.000000 1.000000 3.000000 G4 2.000000 2.000000 INFINITY G5 5.000000 INFINITY 1.000000 RIGHTHAND SIDE RANGES ROW CURRENT ALLOWABLE ALLOWABLE RHS INCREASE DECREASE 2 3.000000 1.000000 0.500000 3 5.000000 0.333333 INFINITY 4 4.000000 0.250000 2.000000 5 1.000000 0.142857 0.038462 Consider yourself as the dog food producer. Answer the following questions based on the LP output:

1. (1pts) What is the minimum cost to make such dog food?

2. (3pts) The dog food buyer is willing to pay $0.5 more if you increase the fat by 1 oz in the 16 oz can of dog food and keep other nutrients unchanged. Do you want to take the offer? Explain.

3. (2pts) Among all gruels, which is least attractive to you? Explain.

4. (3pts) If the gruel 1 seller wants to offer you 10% discount on gruel 1, will you be interested in buying the gruel 1? If not, what would be the attractive price for gruel 1? Explain.

5. (4pts) If the unit price (cost) of gruel 2, gruel 3, and gruel 5 increase by $0.5, respectively, and that of gruel 4 decreases by $0.5, do you want to change the current dog food mix? Will the minimum cost for the dog food change? If so, by how much? Show your calculations.

6. (3pts) Would you be interested in buying gruel 6 that sells for $4 per 16 oz, which contains 3 oz of protein, 6 oz of carbohydrate, and 7 oz of fat? Show your calculations.

7. (4pts) If the dog food buyer requests to increase the protein level by 0.6 oz in exchange for reducing the fat level by 0.7 oz, would you take this offer? Explain and show your calculation.

Do you think that this school positively encourages and facilitates biosocial, psychosocial, and cognitive development? If yes, how? What aspects of development are they appealing to in their setup? If no, why not? How is this school inhibiting development? Consider the major developmental theories (psychoanalytic theory, behaviorism, cognitive theory, humanism, cultural theory, information processing, evolutionary theory) in forming your response

5. ABC Telecom plans to purchase a new machine that will produce mobile phones. The new machine will require an initial investment of $450,000 and has an economic life of five years and will be fully depreciated by the straight-line method. The machine will produce 20.000 mobile phones per year with each costing $120,00 to make. Each will be sold at $130,00. Assume LAR Telecom uses a discount rate of 22 percent and has a tax rate of 40 percent. What is the NPV of the project and should LAR Telecom make the purchase? If not, please explain why.

3. A bond investor, who is your client, does not fully understand how changes in interest rates affect the price. Could you please try to explain why does a bond price change when interest rates change?

I don't understand the question..what method?

It is a known fact that sleep is important in order for us to thrive in our environment. There has been research that seeks to understand how sleep affects our day-to-day activities.

Find a research article that describes one of the negative effects of being sleep deprived. Then write at least a three page report about this study, their methods, participants, and findings. Describe the study’s limitations as well as any future applications (see unit 1 for guidelines on how to review this study).

In the conclusion of the paper, you should indicate whether these findings have ever affected you, or someone you know, and what the steps taken were to remedy the situation.

The paper should be 12-point font, Times New Roman, and include a title page, main paper, and final source list. This paper should conform to APA format and referencing style.

Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.

The company has reported the following actual results for the product for September:

Required:

a. Compute the materials price variance for September.

b. Compute the materials quantity variance for September.

c. Compute the labor rate variance for September.

d. Compute the labor efficiency variance for September.

e. Compute the variable overhead rate variance for September.

f. Compute the variable overhead efficiency variance for September.

(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

A group of 51 college students from a certain liberal arts college were randomly sampled and asked about the number of alcoholic drinks they have in a typical week. The purpose of this study was to compare the drinking habits of the students at the college to the drinking habits of college students in general. In particular, the dean of students, who initiated this study, would like to check whether the mean number of alcoholic drinks that students at his college in a typical week differs from the mean of U.S. college students in general, which is estimated to be 4.73.

The group of 51 students in the study reported an average of 4.35 drinks per with a standard deviation of 3.88 drinks.

Find the p-value for the hypothesis test.  

The p-value should be rounded to 4-decimal places.

Brief Exercise 20-6

Carla Vista Ltd., a public company following IFRS 16, recently signed a lease for equipment from Costner Ltd. The lease term is 3 years and requires equal rental payments of $41,336 at the beginning of each year. The equipment has a fair value at the lease’s inception of $119,300, an estimated useful life of 3 years, and no residual value. Carla Vista pays all executory costs directly to third parties. The appropriate interest rate is 4%. . Using tables, a financial calculator, or Excel functions, calculate the amount of the right-of-use asset and lease liability. Prepare the initial entry to reflect the signing of the lease agreement and the first payment under the lease.

NPV

A project has annual cash flows of $4,000 for the next 10 years and then $9,500 each year for the following 10 years. The IRR of this 20-year project is 13.04%. If the firm's WACC is 11%, what is the project's NPV? Round your answer two decimal spaces.