In: Math
Job Cost Sheet
Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted, a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed, reasons for the variances between the estimated and actual costs are noted on the sheet. The data are then available to management in evaluating the efficiency of operations and in preparing quotes on future jobs. On October 1, Remnant Carpet Company gave Jackson Consulting an estimate of $2,520 to carpet the consulting firm’s newly leased office. The estimate was based on the following data:
Estimated direct materials: | |
40 meters at $31 per meter | $ 1,240 |
Estimated direct labor: | |
16 hours at $20 per hour | 320 |
Estimated factory overhead (75% of direct labor cost) | 240 |
Total estimated costs | $1,800 |
Markup (40% of production costs) | 720 |
Total estimate | $2,520 |
On October 3, Jackson Consulting signed a purchase contract, and the delivery and installation were completed on October 10.
The related materials requisitions and time tickets are summarized as follows:
Materials Requisition No. | Description | Amount | |
112 | 20 meters at $31 | $620 | |
114 | 24 meters at $31 | 744 |
Time Ticket No. | Description | Amount | |
H10 | 8 hours at $20 | $160 | |
H11 | 12 hours at $20 | 240 |
Required:
Enter amounts as positive numbers.
1. Complete that portion of the job order cost sheet that would be prepared when the estimate is given to the customer.
2. Record the costs incurred, and complete the job order cost sheet.
JOB ORDER COST SHEET | |||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||
Direct Materials | Direct Labor | Summary | |||||||||||||||||||||||||||||||||||||||||||||
Amount | Amount | Amount | |||||||||||||||||||||||||||||||||||||||||||||
40 Meters at $31 | $ | 16 Hours at $20 | $ | Direct Materials | $ | ||||||||||||||||||||||||||||||||||||||||||
Direct Labor | |||||||||||||||||||||||||||||||||||||||||||||||
Factory Overhead | |||||||||||||||||||||||||||||||||||||||||||||||
Total | $ | Total | $ | Total cost | $ | ||||||||||||||||||||||||||||||||||||||||||
ACTUAL | |||||||||||||||||||||||||||||||||||||||||||||||
Direct Materials | Direct Labor | Summary | |||||||||||||||||||||||||||||||||||||||||||||
Mat. Req. No. | Description | Amount | Time Ticket No. | Description | Amount | Item | Amount | ||||||||||||||||||||||||||||||||||||||||
112 | 20 Meters at $31 | $ | H10 | 8 Hours at $20 | $ | Direct Materials | $ | ||||||||||||||||||||||||||||||||||||||||
Direct Labor | |||||||||||||||||||||||||||||||||||||||||||||||
114 | 24 Meters at $31 | H11 | 12 Hours at $20 | Factory Overhead | |||||||||||||||||||||||||||||||||||||||||||
Total | $ | Total | $ | Total Cost | $ |
What is the best explanation for the variances between actual costs and estimated costs. (For this purpose, assume that the additional meters of material used in the job were spoiled, the factory overhead rate has proven to be satisfactory, and an inexperienced employee performed the work.)
Select the correct answer from the above choices.
In: Accounting
5) Write a JavaScript script that will ask the user to enter in
the length of the side of a
cube. (all the sides of a cube are equal) Based on the value that
is entered by the user
from the keyboard, calculate each of the following and assign your
results to variables.
1. volume of the cube
2. surface area of the cube
3. volume of the largest sphere that could fit in the box.
4. surface area of the largest sphere that could fit in the
box.
5. volume of the space in between the cube and the sphere.
HINT: the largest sphere that could fit in the box will have a
diameter equal to the side
of the cube.
ANOTHER HINT: to find the volume in between the cube and sphere you
should subtract
volumes. in case you forgot the sphere formulas, they are:
volume of sphere = 4/3 Pi r3
surface area of sphere = 4 Pi r2
Your script should output HTML text that displays the results of
your calculations.
In: Computer Science
In 100 words or less, what does a bond's duration tell an investor about that bond's exposure to risk?
In: Finance
(Please write in C++) Write a program that reads in a line consisting of a student’s name, Social Security number, user ID, and password. The program outputs the string in which all the digits of the Social Security number and all the characters in the password are replaced by x. (The Social Security number is in the form 000-00-0000, and the user ID and the password do not contain any spaces.) Your program should not use the operator [ ] to access a string element. Use the appropriate functions described in Table 7-1 below.
Expression | ||
---|---|---|
strVar.at(index) | ||
strVar[index] | ||
strVar.append(n, ch) | ||
strVar.append(str) | ||
strVar.clear() | ||
strVar.compare(str) | ||
strVar.empty() | ||
strVar.erase() | ||
strVar.erase(pos, n) | ||
strVar.find(str) | ||
strVar.find(str, pos) | ||
strVar.find_first_of(str, pos) | ||
strVar.find_first_not_of(str, pos) | ||
strVar.insert(pos, n, ch) | ||
strVar.insert(pos, str) | ||
strVar.length() | ||
strVar.replace(pos, n, str) | ||
strVar.substr(pos, len) | ||
strVar.size() | ||
strVar.swap(str1) |
With an input of: John Doe 333224444 DoeJ 123Password
The results should be: John Doe xxxxxxxxx DoeJ xxxxxxxxxxx
In: Computer Science
Write a program in java which randomly generates two integer number n1 and n2 (suppose the range for each integer is [1, 100]), then asks the user what is the value of n1*n2, if the user’s answer is correct, call method printGoodComment to print out something nice, otherwise, call printBadComment to print out something “mean”.
The method signatures are:
public static void printGoodComment()
and
public static void printBadComment()
in your printGoodComment method, it will randomly print one sentence from the following lists:
good job
excellent
terrific
nice work
in your printBadComment method, it will randomly print one sentence from the following lists:
sorry, try next time
oops, you need more work
hmm, it is not correct
Hint: use Math.random and a switch statement in the printGoodComment and printBadComment methods.
In: Computer Science
Write a program in java which randomly generates two integer number n1 and n2 (suppose the range for each integer is [1, 100]), then asks the user what is the value of n1*n2, if the user’s answer is correct, call method printGoodComment to print out something nice, otherwise, call printBadComment to print out something “mean”.
The method signatures are:
public static void printGoodComment()
and
public static void printBadComment()
in your printGoodComment method, it will randomly print one sentence from the following lists:
good job
excellent
terrific
nice work
in your printBadComment method, it will randomly print one sentence from the following lists:
sorry, try next time
oops, you need more work
hmm, it is not correct
Hint: use Math.random and a switch statement in the printGoodComment and printBadComment methods.
In: Computer Science
Instructions
The included program found in main.cpp is designed to find the area of a rectangle, the area of a circle, or the volume of a cylinder.
However:
Rewrite the program so that it works correctly. Your program must be properly indented. (Note that the program is menu driven and allows the user to run the program as long as the user wishes.)
Format your output with setprecision(2) to ensure the proper number of decimals for testing!
I have tried previous answers on site, but they are all incorrect and fail in the Mindtap cite used for the class.
In: Computer Science
How Non-monotonic reasoning deals with incomplete and uncertain model?
subject: Artificial Intelligence
In: Computer Science
Garvezzi Vineyards is a large winery in Northeast Ohio, and it has been under new ownership for a couple of years now. The new owners are young entrepreneurs who want to expand the product line of wines by introducing wine cocktails, but the efforts have not been successful so far. The owners borrowed heavily from the local banks and currently the winery has a debt-to-equity ratio of 1. The lending experts at First State Bank of Ohio estimate that the winery will be able to maintain the current level of annual cash flows of 10.35 million dollars for the next three years at most. The interest expense for this year is 1.6 million and it will be increasing by 7 percent annually for the next three years. Experts expect that starting in year 4 both cash flows and interest expense will be decreasing by 3 percent a year forever. The combined federal and state tax rate is 24 percent. The unlevered equity cost is 14 percent. Apply the compressed APV approach to determine the value of operations of the winery today.
In: Finance
1. There are 5 houses in 5 different colors.
2. A person of a different nationality lives in each house.
3. These 5 owners drink a certain beverage, eat a certain type of bread, and have a certain pet.
4. No owners have the same pet, eat the same type of bread, or drink the same drink.
5. Use the clues below to determine who keeps the fish.
CLUES
1. The American lives in a red house.
2. The Italian keeps dogs as pets.
3. The Bahamian drinks tea.
4. The green house is on the immediate left of the white house.
5. The green house owner drinks coffee.
6. The person who eats sesame semolina bread rears birds.
7. The owner of the yellow house eats black jack bread.
8. The man living in the center house drinks milk.
9. The Norwegian lives in the first house.
10. The man who eats pumpernickel bread lives next to the one who keeps cats.
11. The man who keeps horses lives next to the man who eats black jack bread.
12. The owner who eats sourdough bread drinks lemonade.
13. The German eats brioche bread.
14. The Norwegian lives next to the blue house.
15. The man who eats pumpernickel bread lives next to the man who drinks water.
In: Math
Case Study in Procurement
Assignment:
Please Find a real case study (Do not assume) on the subject of Procurement that involved significant and costly mistakes.
Prepare a (3-4) page report on this experience including the following:
In: Operations Management
In Java Write a method called findMax that accepts three floating-point number as parameters and returns the largest one.(hints: use conditional statement in the method)
In: Computer Science
Implement Radix Sort using PYTHON programming language. Use one of the two options for the algorithm to sort
the digits: Use Counting Sort or Bucket Sort.
• Assume the numbers are maximum 4-digit numbers.
• If using Counting Sort, you can see that your digit range is between 0 and 9 ([0…9]).
• If using Bucket Sort, you will have ten buckets labeled from 0 to 9.
Please add comments and explain every step carefully.
In: Computer Science
Congratulations, you just won the lottery! In one option presented to you, you will be paid one million dollars a year for the next 25 years. You can deposit this money in an account that will earn 5% each year.
a. Let M(t) be the amount of money in the account (measured in millions of dollars) at time t (measured in years). Set up a differential equation that describes the rate of change in the amount of money in the account. Two factors cause the amount to grow – first, you are depositing one million dollars per year and second, you are earning 5% interest.
b. The second option presented to you is to take a lump sum of 10 million dollars, which you will deposit into a similar account. Set up a new initial value problem (that is, differential equation with initial condition) to model this situation.
c. At what time does the amount of money in the account under the first option overtake the amount of money in the account under the second option?
In: Advanced Math