Questions
How would you describe some of the ER design limitations, and discuss how understanding these limitations...

How would you describe some of the ER design limitations, and discuss how understanding these limitations will influence how you choose to model a particular situation so that you are able to represent the things that are most important?

In: Computer Science

A bottle contains a 0.0525M (

A bottle contains a 0.0525M (

In: Chemistry

Problem 12-23 Make or Buy Decision [LO12-3] Silven Industries, which manufactures and sells a highly successful...

Problem 12-23 Make or Buy Decision [LO12-3]

Silven Industries, which manufactures and sells a highly successful line of summer lotions and insect repellents, has decided to diversify in order to stabilize sales throughout the year. A natural area for the company to consider is the production of winter lotions and creams to prevent dry and chapped skin.

After considerable research, a winter products line has been developed. However, Silven’s president has decided to introduce only one of the new products for this coming winter. If the product is a success, further expansion in future years will be initiated.

The product selected (called Chap-Off) is a lip balm that will be sold in a lipstick-type tube. The product will be sold to wholesalers in boxes of 24 tubes for $9 per box. Because of excess capacity, no additional fixed manufacturing overhead costs will be incurred to produce the product. However, a $139,500 charge for fixed manufacturing overhead will be absorbed by the product under the company’s absorption costing system.

Using the estimated sales and production of 155,000 boxes of Chap-Off, the Accounting Department has developed the following manufacturing cost per box:

Direct material $ 4.30
Direct labor 2.60
Manufacturing overhead 1.90
Total cost $ 8.80

The costs above relate to making both the lip balm and the tube that contains it. As an alternative to making the tubes for Chap-Off, Silven has approached a supplier to discuss the possibility of buying the tubes. The purchase price of the supplier's empty tubes would be $1.35 per box of 24 tubes. If Silven Industries stops making the tubes and buys them from the outside supplier, its direct labor and variable manufacturing overhead costs per box of Chap-Off would be reduced by 10% and its direct materials costs would be reduced by 20%.

Required:

1. If Silven buys its tubes from the outside supplier, how much of its own Chap-Off manufacturing costs per box will it be able to avoid? (Hint: You need to separate the manufacturing overhead of $1.90 per box that is shown above into its variable and fixed components to derive the correct answer.)

2. What is the financial advantage (disadvantage) per box of Chap-Off if Silven buys its tubes from the outside supplier?

3. What is the financial advantage (disadvantage) in total (not per box) if Silven buys 155,000 boxes of tubes from the outside supplier?

4. Should Silven Industries make or buy the tubes?

5. What is the maximum price that Silven should be willing to pay the outside supplier for a box of 24 tubes?

6. Instead of sales of 155,000 boxes of tubes, revised estimates show a sales volume of 191,000 boxes of tubes. At this higher sales volume, Silven would need to rent extra equipment at a cost of $56,000 per year to make the additional 36,000 boxes of tubes. Assuming that the outside supplier will not accept an order for less than 191,000 boxes of tubes, what is the financial advantage (disadvantage) in total (not per box) if Silven buys 191,000 boxes of tubes from the outside supplier? Given this new information, should Silven Industries make or buy the tubes?

7. Refer to the data in (6) above. Assume that the outside supplier will accept an order of any size for the tubes at a price of $1.35 per box. How many boxes of tubes should Silven make? How many boxes of tubes should it buy from the outside supplier?

In: Accounting

Independent-Samples t-Test A researcher wants to assess if fasting cholesterol levels differ in Type A and...

Independent-Samples t-Test

A researcher wants to assess if fasting cholesterol levels differ in Type A and Type B personality men (alpha= .05).

Group 1 (Type A personality): 233, 291, 312, 250, 246, 197, 268, 224, 239, 239, 254, 276, 234, 181, 248, 252, 202, 218, 212, 325

Group 2 (Type B personality): 344, 185, 263, 246, 224, 212, 188, 250, 148, 169, 226, 175, 242, 252, 153, 183, 137, 202, 194, 213

  1. Enter these data into SPSS.
  2. Compute an independent-samples t test on these data. Report the t values and p values assuming equal population variances and not assuming equal population variances.
  3. Report descriptive statistics
  4. Report results for the test evaluating homogeneity of variances (F=____; p = ____)

In: Math

Scenario 1: Murphy & Johnson is a privately owned manufacturer of small motors for lawnmowers, tractors,...

Scenario 1:
Murphy & Johnson is a privately owned manufacturer of small motors for lawnmowers, tractors, and snowmobiles. The components of its financial statements are (1) income before taxes = $21 million, (2) total assets = $550 million, and (3) total revenues = $775 million. Murphy & Johnson's CPA firm uses the normal percentage for income before taxes for a public company for determining overall materiality.

a. Determine overall materiality, and determine tolerable misstatement. Explain your answer.

b. During the course of the audit, Murphy & Johnson’s CPA firm detected two misstatements that aggregated to an overstatement of income of $1.25 million. Evaluate the audit findings. Explain your answer.

Scenario 2:

Delta Investments provides a group of mutual funds for investors. The components of its financial statements are (1) income before taxes = $40 million, (2) total assets = $4.3 billion, and (3) total revenues = $900 million. Delta Investments' CPA firm uses the percentage applicable on total (net) assets for determining overall materiality.

a. Determine overall materiality, and determine tolerable misstatement. Explain your answer.

b. During the course of the audit, Delta’s CPA firm detected two misstatements that aggregated to an overstatement of income of $5.75 million. Evaluate the audit findings. Explain your answer.

Scenario 3:

Swell Computers is a public company that manufactures desktop and laptop computers. The components of the financial statements are: (1) income before taxes = $500,000, (2) total assets = $2.2 billion, and (3) total revenues = $7 billion. Swell Computers' CPA firm might use the lowest percentage for total assets for determining overall materiality, but they also consider qualitative factors.

a. Determine overall materiality and tolerable misstatement. Explain your answer.

b. During the course of the audit, Swell’s CPA firm detected one misstatement that resulted in an overstatement of income by $1.5 million. Evaluate the audit findings. Explain your answer.

In: Accounting

The Federal Reserve on Tuesday, March 3, 2020 took the emergency step of cutting the benchmark...

The Federal Reserve on Tuesday, March 3, 2020 took the emergency step of cutting the benchmark U.S. interest rate by half a percentage point, an attempt to limit the economic and financial fallout from the coronavirus. Consider the FX market and the money market diagrams we learned within asset approach to exchange rate determination and answer the following questions. Let US be the home country and Euro Area be the foreign country. a) Following the Fed’s decision, explain which schedule(s) shift in the US money market and why. b) Following the Fed’s decision, explain which schedule(s) shift in the FX market and why. c) What happens to the equilibrium E$/€ exchange rate? Why?

In: Economics

31. Write a report on advancement in wheel and tyre technology.Also the report should be consest...

31. Write a report on advancement in wheel and tyre technology.Also the report should be consest of 10-12 Page,Advantage disadvantage,Future scope.Plagarsim level should be Zero.

Please don't answer if you don't know and write the report on 10-12 page minimum.
For small answer or for plagrism I will downrate your answer.So if you know than only answer it

In: Mechanical Engineering

Problem #6 In a production process, four samples of three observations each have been taken, with...

Problem #6

In a production process, four samples of three observations each have been taken, with actual measurements (in centimeters) shown below. Construct three-sigma mean and range charts.

1 2 3 4

12.3 11.9 12.0 12.1

12.2 12.2 12.2 11.8

12.1 12.2 11.8 11.8

  

In: Math

Interest Rate Tax Consider a two-period economy, where the consumers can lend or borrow and the...

Interest Rate Tax

Consider a two-period economy, where the consumers can lend or borrow and the income of the consumers in both periods is exogenous. Suppose the government introduces a tax on the interest earnings of the lenders. That is, while borrowers face a real interest rate of r before and after the tax is introduced, lenders face a real interest rate of (1 − x)r, where x is the tax rate, after the tax is introduced.

1. Show the effects of the increase in the tax rate on consumer’s lifetime budget constraint.

2. How does the tax affect the optimal choices (consumption in current and future periods and saving)? Show how income and substitution effects matter for your answer, and how it matters whether the consumer is initially a borrower or a lender

In: Economics

Prompt #2 Ethicist Margaret Battin (1987) suggests that physicians should uphold a patient’s autonomy by informing...

Prompt #2 Ethicist Margaret Battin (1987) suggests that physicians should uphold a patient’s autonomy by informing them about humane methods for ending one’s life. Thus, the principle of autonomy creates a moral obligation for physicians to provide patients (who request it) with information on how to die.

Furthermore, some individuals create suicide kits that are available for purchase through online retailers like Ebay. One in particular, is a 3D-printed pod suicide machine called “Sarco” that fills with gas to end a person’s life.

*Should there be limits on freedom of speech when it comes to publicizing methods for killing oneself or others?

*Should physicians be the ones to inform patients about “humane” methods for ending their lives?

*Some people might argue that suicide attempts are just a cry for help. How can a physician determine if a request for euthanasia is genuine and not just a cry for help? (USLOs 8.1, 8.2, 8.3)\

In: Nursing

Consider an array A[1 · · · n] which is sorted and then rotated k steps...

Consider an array A[1 · · · n] which is sorted and then rotated k steps to the right. For example, we might start with the sorted array [1, 4, 5, 9, 10], and rotate it right by k = 3 steps to get [5, 9, 10, 1, 4]. Give an O(log n)-time algorithm that finds and returns the position of a given element x in array A, or returns None if x is not in A. Your algorithm is given the array A[1 · · · n] but does not know k. You can use C, C++, Java, or Python to solve this problem (ask the instructor if you have another programming language in mind). Python3 pls

In: Computer Science

Need understanding for the concept to the question below. Write 2 paragraphs on an advertisements that...

Need understanding for the concept to the question below.

Write 2 paragraphs on an advertisements that illustrate the needs for affiliation and discuss their effectiveness?

In: Operations Management

A company wants to build a warehouse to serve three markets and has determined the markets...

A company wants to build a warehouse to serve three markets and has determined the markets and their relative locations as follows:

Market A- (10,20) Load 300

Market B- (20,15) Load 100

Market C- (15,25) Load 200

a.If the company has narrowed down the warehouse location to either market B or C, which location would be a better choice using load-distance score method, assuming rectilinear distance? b. If the company has decided to locate the facility at the center of gravity, what are the coordinates of the center of gravity? And what would be the load-distance score of this choice, assuming rectilinear distance?

In: Operations Management

You are working with a 16 year female who you know she is being placed back...

You are working with a 16 year female who you know she is being placed back into a home environment that is not conducive to their growth and development. The youth has been started on an antidepressant and she states she does not want to go back home. The home environment is safe for the child. What do you say to the youth? Would you have a different answer if the youth was 17 years 11 months old and not 16? (this is a common problem when working with teenagers).

In: Nursing

1. Develop a five point promotion mix plan for shake shack. Which factors would you include?Exclude?...

1. Develop a five point promotion mix plan for shake shack. Which factors would you include?Exclude? Why?

2. As a restaurant patron, what would you think of a strategy that permits no tipping of the waitstaff? As a member of the waitstaff, what would you think?

In: Operations Management