Questions
Category Prior Year Current Year Accounts payable 3,186.00 5,969.00 Accounts receivable 6,872.00 9,015.00 Accruals 5,646.00 6,132.00...

Category Prior Year Current Year
Accounts payable 3,186.00 5,969.00
Accounts receivable 6,872.00 9,015.00
Accruals 5,646.00 6,132.00
Additional paid in capital 20,196.00 13,092.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,430.00 18,614.00
Current portion long-term debt 500 500
Depreciation expense 986.00 1,039.00
Interest expense 1,298.00 1,134.00
Inventories 3,098.00 6,709.00
Long-term debt 16,720.00 22,498.00
Net fixed assets 75,083.00 73,942.00
Notes payable 4,066.00 6,519.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,818.00 34,477.00
Sales 46,360 45,064.00
Taxes 350 920
What is the firm's total change in cash from the prior year to the current year?


Submit
Answer format: Number: Round to: 0 decimal places.

In: Finance

3. Happy Peanut Inc. produces all-natural organic peanut can. The sales budget for the first six...

3. Happy Peanut Inc. produces all-natural organic peanut can. The sales budget for the first six months of the year are as follows:

​​

No. of Can Sales ​​

​​Jan​​78,000

Feb​​56,000​

​​Mar​​65,000​​

​​Apr​​59,000

​​May​​62,000

​​Jun​​58,000​

Company policy requires that ending inventories for each month be 15% of the next month’s sales. At the beginning of Jan, the inventory of peanut is 14,500 cans. Each can of peanut needs 20 ounces of peanuts. Company’s policy requires that ending inventories of raw materials for each month be 10% of the next month’s production needs. At the beginning of Jan, the inventories of peanuts are 130,000 ounces.

3.1 Prepare a production budget for the first quarter of the year. Show the number of peanut cans that should be produced each month as well as for the quarter in total.​​​​​​​​

3.2 Prepare separate direct materials purchased budgets for raw peanuts of each month as well as for the quarter in total.

In: Accounting

Write a C++ function that reads a .csv file(file contains rows of string(name) and number) into...

Write a C++ function that reads a .csv file(file contains rows of string(name) and number) into a vector and loop through that vector and find the max number.

In: Computer Science

Describe what are examples of inputs, processing, ans outputs for the following: 1. computer 2. TV...

Describe what are examples of inputs, processing, ans outputs for the following:
1. computer
2. TV
3. Basketball game

In: Computer Science

Show that (1 + 2 +. . .+n)2 > 12 +. . .+ n2, for n...

Show that (1 + 2 +. . .+n)2 > 12 +. . .+ n2, for n ≥ 2.

In: Computer Science

Exercise 11-8 Volume Trade-Off Decisions [LO11-5, LO11-6] Barlow Company manufactures three products—A, B, and C. The...

Exercise 11-8 Volume Trade-Off Decisions [LO11-5, LO11-6]

Barlow Company manufactures three products—A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow:

Product
A B C
Selling price $ 180 $ 270 $ 240
Variable expenses:
Direct materials 24 80 32
Other variable expenses 102 90 148
Total variable expenses 126 170 180
Contribution margin $ 54 $ 100 $ 60
Contribution margin ratio 30 % 37 % 25 %

The same raw material is used in all three products. Barlow Company has only 6,000 pounds of raw material on hand and will not be able to obtain any more of it for several weeks due to a strike in its supplier’s plant. Management is trying to decide which product(s) to concentrate on next week in filling its backlog of orders. The material costs $8 per pound.

Required:

1. Calculate the contribution margin per pound of the constraining resource for each product.

2. Assuming that Barlow has unlimited demand for each of its three products, what is the maximum contribution margin the company can earn when using the 6,000 pounds of raw material on hand?

3. Assuming that Barlow’s estimated customer demand is 500 units per product line, what is the maximum contribution margin the company can earn when using the 6,000 pounds of raw material on hand?

4. A foreign supplier could furnish Barlow with additional stocks of the raw material at a substantial premium over the usual price. Assuming Barlow’s estimated customer demand is 500 units per product line and that the company has used its 6,000 pounds of raw material in an optimal fashion, what is the highest price Barlow Company should be willing to pay for an additional pound of materials?

In: Accounting

Normally in class we run through about 11 tests. These include: •The Illinois Agility Test •Stork...

Normally in class we run through about 11 tests. These include:

•The Illinois Agility Test

•Stork Balance Test

•Standing Broad Jump

•Hand eye Coordination Test

•Push-up Test

•Sit-up Test

•Sit and Reach Test

•Step Test

•Seat to stand Test

•Plank Test

•Body Composition Testing including Body Fat % and Waist to Hip Ratio

•1 Rep Max Chest Press

Assignment:

Take 5 of these tests or find 5 other fitness tests you can perform at home. It is especially helpful if you have a certain goal you would like to complete (increase vertical jump--choose vertical jump test).  All of these tests and many more can befound through an online search. Write down the set up of how to perform your 5 tests. They will need to be reliable and valid.  Run through each test once  and record your data.   You will need to create a recording sheet; include--name of test, set up (so it can be repeated the same way), your performance data, additional information. **********For extra credit perform these same tests by the last class, submit your date (compare to current data), and receive 1 extra point on your final grade.************

In: Nursing

A seminar paper ( 2 paper) for application Program *Definition. * Types * examples

A seminar paper ( 2 paper) for application Program

*Definition.

* Types

* examples

In: Operations Management

What are both strengths and weaknesses of a single payer vs. a multiple payer health care...

What are both strengths and weaknesses of a single payer vs. a multiple payer health care system in general? Name at LEAST two strengths and weaknesses of each system and discuss.

In: Nursing

    E2-6 (Algo) Finding Unknown Values in the Cost of Goods Manufactured Report [LO 2-3, 2-6]...

   

E2-6 (Algo) Finding Unknown Values in the Cost of Goods Manufactured Report [LO 2-3, 2-6]

Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at a rate of 150 percent of direct labor cost.

Required:
Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values.)

   

Case 1 Case 2 Case 3
Direct material used 12,000 10,800
Direct labor 14,000
Manufacturing overhead applied 11,000
Total current manufacturing costs 28,000 31,800
Beginning work in process inventory 10,000 9,000
Ending work in process inventory 4,500 8,300
Cost of goods manufactured 41,000 19,001
Beginning finished goods inventory 4,000 10,100
Ending finished goods inventory 7,400 6,000
Cost of goods sold 35,000 39,000


   

In: Accounting

•The rotor impedance at standstill of a three-phase, Y-connected, 208-V, 60Hz, 8-pole, wound-rotor induction motor is...

•The rotor impedance at standstill of a three-phase, Y-connected, 208-V, 60Hz, 8-pole, wound-rotor induction motor is 0.1 + j0.5 Ω/phase. •Determine the breakdown slip, (0.2) the breakdown (maximum) torque, (458.37 Nm) and the power developed by the motor at maximum torque (34.6kW). •What is the starting torque of this motor? (176.3 Nm) •Determine the resistance that must be inserted in series with the rotor circuit so that the starting torque is 50% of the maximum torque. (0.034Ω)

In: Electrical Engineering

In October 2017, Nicole of Nicole’s Getaway Spa (NGS) eliminated all existing inventory of cosmetic items....

In October 2017, Nicole of Nicole’s Getaway Spa (NGS) eliminated all existing inventory of cosmetic items. The trouble of ordering and tracking each product line had exceeded the profits earned. In December, a supplier asked her to sell a prepackaged spa kit. Feeling she could manage a single product line, Nicole agreed. NGS would make monthly purchases from the supplier at a cost that included production costs and a transportation charge. The spa would use a perpetual inventory system to keep track of its new inventory.
  
    On December 30, 2017, NGS purchased ten units at a total cost of $7.00 per unit. NGS purchased thirty more units at $9.00 in February 2018, but returned five defective units to the supplier. In March, NGS purchased fifteen units at $11.00 per unit. In May, fifty units were purchased at $11.00 per unit; however, NGS took advantage of a 2.00/10, n/30 discount from the supplier. In June, NGS sold fifty units at a selling price of $12.90 per unit and thirty-five units at $10.90 per unit.


Required:
1.
State whether the transportation cost included in each purchase should be recorded as a cost of the inventory or immediately expensed.

  • Immediately expensed

  • Inventory cost



2. Compute the Cost of Goods Available for Sale, Cost of Goods Sold, and Cost of Ending Inventory using the first-in, first-out (FIFO) method. (Do not round intermediate calculations. Round final answers to the nearest dollar amount.)



3-a. Calculate the inventory turnover ratio, using the inventory on hand at December 31, 2017, as the beginning inventory. (Round your answer to 1 decimal place.)

In: Accounting

(Theology question) How can scripture function as a critic of the Church’s life and life in...

(Theology question) How can scripture function as a critic of the Church’s life and life in our modern society? Give examples. Please reference chapter 4 in "Reading the Old Testament" by Lawrence Boadt

In: Psychology

A proposed cost-saving device has an installed cost of $660,000. The device will be used in...

A proposed cost-saving device has an installed cost of $660,000. The device will be used in a five-year project but is classified as three-year MACRS (MACRS Table) property for tax purposes. The required initial net working capital investment is $51,500, the marginal tax rate is 34 percent, and the project discount rate is 13 percent. The device has an estimated Year 5 salvage value of $76,500. What level of pretax cost savings do we require for this project to be profitable? Pretax savings $

In: Finance

Tries 0/10 The active element of a certain laser is an ordinary glass rod 18.1 cm...

Tries 0/10

The active element of a certain laser is an ordinary glass rod 18.1 cm long and 1.16 cm in diameter. If the temperature of the rod increases by 70.3

In: Physics