In: Finance
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
Jan78,000
Feb56,000
Mar65,000
Apr59,000
May62,000
Jun58,000
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 a vector and loop through that vector and find the max number.
In: Computer Science
In: Computer Science
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 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 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
In: Operations Management
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]
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.)
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In: Accounting
•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. 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 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 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 long and 1.16 cm in diameter. If the temperature of the rod increases by 70.3
In: Physics