Currently, taking pictures or any type of video recording in the United States Supreme Court is not allowed. Discuss your thoughts and perspectives about allowing cameras in the United States Supreme Court during their hearings. What are the pros and cons about allowing cameras in the Court? Do you support putting cameras in the Court? Why or why not?
In: Psychology
Way Cool produces two different models of air conditioners. The
company produces the mechanical systems in its components
department. The mechanical systems are combined with the housing
assembly in its finishing department. The activities, costs, and
drivers associated with these two manufacturing processes and the
production support process follow.
| Process | Activity | Overhead Cost | Driver | Quantity | ||||
| Components | Changeover | $ | 596,050 | Number of batches | 910 | |||
| Machining | 376,184 | Machine hours | 7,970 | |||||
| Setups | 72,000 | Number of setups | 40 | |||||
| $ | 1,044,234 | |||||||
| Finishing | Welding | $ | 322,380 | Welding hours | 5,400 | |||
| Inspecting | 256,725 | Number of inspections | 815 | |||||
| Rework | 71,400 | Rework orders | 280 | |||||
| $ | 650,505 | |||||||
| Support | Purchasing | $ | 181,125 | Purchase orders | 525 | |||
| Providing space | 30,900 | Number of units | 4,200 | |||||
| Providing utilities | 46,380 | Number of units | 4,200 | |||||
| $ | 258,405 | |||||||
Additional production information concerning its two product lines
follows.
| Model 145 | Model 212 | |||||
| Units produced | 1,400 | 2,800 | ||||
| Welding hours | 1,400 | 4,000 | ||||
| Batches | 455 | 455 | ||||
| Number of inspections | 495 | 320 | ||||
| Machine hours | 2,650 | 5,320 | ||||
| Setups | 20 | 20 | ||||
| Rework orders | 150 | 130 | ||||
| Purchase orders | 350 | 175 | ||||
Required:
1. Using ABC, compute the overhead cost per unit
for each product line.
2. Determine the total cost per unit for each
product line if the direct labor and direct materials costs per
unit are $190 for Model 145 and $116 for Model 212.
3. If the market price for Model 145 is $821.61
and the market price for Model 212 is $498.56, determine the profit
or loss per unit for each model.
Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.)
Required 1:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Required 2:
Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $190 for Model 145 and $116 for Model 212. (Round your final answers to 2 decimal places.)
|
Required 3:
If the market price for Model 145 is $821.61 and the market price for Model 212 is $498.56, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.)
|
In: Accounting
Profit Center Responsibility Reporting
XSport Sporting Goods Co. operates two divisions—the Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the trial balance as of December 31, 20Y9, the end of the fiscal year, after all adjustments, including those for inventories, were recorded and posted:
| Sales—Winter Sports Division | $22,785,000 |
| Sales—Summer Sports Division | 25,172,000 |
| Cost of Goods Sold—Winter Sports Division | 13,671,000 |
| Cost of Goods Sold—Summer Sports Division | 14,539,000 |
| Sales Expense—Winter Sports Division | 3,906,000 |
| Sales Expense—Summer Sports Division | 3,472,000 |
| Administrative Expense—Winter Sports Division | 2,278,500 |
| Administrative Expense—Summer Sports Division | 2,235,100 |
| Advertising Expense | 1,082,000 |
| Transportation Expense | 447,000 |
| Accounts Receivable Collection Expense | 228,800 |
| Warehouse Expense | 2,170,000 |
The bases to be used in allocating expenses, together with other essential information, are as follows:
Prepare a divisional income statement with two column headings: Winter Sports Division and Summer Sports Division. Do not round your interim calculations.
| XSport Sporting Goods Co. | ||
| Divisional Income Statements | ||
| For the Year Ended December 31, 20Y9 | ||
| Winter Sports Division | Summer Sports Division | |
| Sales | $ | $ |
| Cost of goods sold | ||
| Gross profit | $ | $ |
| Divisional selling and administrative expenses: | ||
| Divisional selling expenses | $ | $ |
| Divisional administrative expenses | ||
| Total divisional selling and administrative expenses | $ | $ |
| Income from operations before service department charges | $ | $ |
| Service department charges: | ||
| Advertising expense | $ | $ |
| Transportation expense | ||
| Accounts receivable collection expense | ||
| Warehouse expense | ||
| Total service department charges | $ | $ |
| Income from operations | $ | $ |
Provide supporting schedules for determining service department charges. If required, round per unit amounts to two decimal places and final answers to the nearest dollar.
| XSport Sporting Goods Co. | |||
| Service Department Charges | |||
| For the Year Ended December 31, 20Y9 | |||
| Winter Sports Division | Summer Sports Division | Total | |
| Advertising expense | $ | $ | $ |
| Transportation rate per bill of lading | $ | $ | |
| Number of bills of lading | |||
| Transportation expense | $ | $ | $ |
| Accounts receivable collection rate | $ | $ | |
| Number of sales invoices | |||
| Accounts receivable collection expense | $ | $ | $ |
| Warehouse rate per sq. ft. | $ | $ | |
| Number of square feet | |||
| Warehouse expense | $ | $ | $ |
In: Accounting
How far should our government (G) go in order to try to “make whole” the workers losing wage income starting March,2020? Should our G try to transfer money to these workers? Yes? WHY? How much? A. One quarter of their lost income? B. One third? C. One half? D. ALL OF IT???????? E. Do you see any potential problems with D???? What might they be? 6. Okay. One could argue that D may be a little extreme…. You have to form your own opinion….. IS NOW THE TIME IN OUR COUNTRY’S HISTORY FOR US TO CHANGE OUR CURRENT SYSTEM OF INCOME DISTRIBUTION AND WEALTH DISTRIBUTION? IF SO, just in general terms, what should we do? Why?
In: Economics
The absorption spectrum of an atom consists of the wavelengths 200 nm, 300nm, and 500 nm.
a) Draw the atom's energy-level diagram.
b) What wavelengths are seen in the atom's emission spectrum?
(Please show all the steps and calculations with simple explanation. Thank you)
In: Physics
A 200.00mL sample of 1.000M nitric acid is added to a carbonate buffer solution prepared by mixing 1.00mol Na2CO3 and 1.000 mol NAHCO3 and adding water to make a 1.000L solution. What is the resulting pH? (pKa of HCO3- is 10.32)
In: Chemistry
Summarize the case- "Tesco: From Troubles to Turnaround". Explain what other companies should learn from Tesco's mistakes?
In: Accounting
In: Economics
c++
Write a program that opens a file, reads records into a
container of data structures, and prints out the sum in
order.
You can use Vectors to contain the data structures.
1. Create a data structure to represent the record ==>
struct Cost in cost.h
2. Write a function called ==> parse_account,
that parses one (string) record from a file, and
populates a data structure with that data.
3. Write a function called sum_accounts, that when
passed a container of structures, returns
a double representing the sum of the amounts in those
structures.
4. Create a main program
a) Create an appropriate container of data
structures
b) Open the accounts file
(costfile.txt)
c) While you can read a line from the file
without error
Call
parse_account, which returns a data structure.
Add the
returned data structure to the container (using, pushToV)
d) Call sum_accounts to determine the amount of
money represented
e) Print a message and the result.
Try this with some sample data, such as the following lines in
costfile.dat
You may add or create your own data file to test the program
with:
You can start with the data in a text file and then write the data
in a binary file, this
way you practice with both file types.
Description
Amount Item number
Pass_Go
200.00 135
Reading_RR 50.00
136
Connecticut 120.00
137
Chance
25.00 138
- Use input file to read the above Data
- Use header file for the data structure definition
- Use Multiple Source Files for function definitions and
Application, each in separate file (.cpp file)
In: Computer Science
A) A 50.0-mL volume of 0.15 M HBr is titrated with 0.25 M KOH. Calculate the pH after the addition of 19.0mL of KOH.
Express your answer numerically.
B) A 75.0-mL volume of 0.200 M NH3 (Kb=1.8�10?5) is titrated with 0.500 M HNO3. Calculate the pH after the addition of 13.0mL of HNO3.
C) A 52.0-mL volume of 0.35 M CH3COOH (Ka=1.8�10?5) is titrated with 0.40 M NaOH. Calculate the pH after the addition of 23.0mL of NaOH.
In: Chemistry
2. Calculating costs
Becky is working for an advertising firm making $50,000 per year but considers starting her own advertising company. Becky has determined that to launch the business, she needs to invest $80,000 of her own funds. The annual cost of running the business will include $75,000 for the rent of the office space, $190,000 for employee wages, and $6,000 for materials and utilities. Becky plans to manage the business, which means that she will have to quit her current job. Suppose that the interest rate (or rate of return) on investments in the economy is 5%.
Becky's total implicit cost per year is _____ .
Becky's total cost per year is _____ .
3. Definition of economic costs
Nick lives in San Francisco and runs a business that sells guitars. In an average year, he receives $722,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $422,000; he also pays wages and utility bills totaling $268,000. He owns his showroom; if he chooses to rent it out, he will receive $2,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Nick does not operate this guitar business, he can work as a paralegal and receive an annual salary of $21,000 with no additional monetary costs. No other costs are incurred in running this guitar business.
Identify each of Nick's costs in the following table as either an implicit cost or an explicit cost of selling guitars.
|
Implicit Cost |
Explicit Cost |
||
|---|---|---|---|
| The wholesale cost for the guitars that Nick pays the manufacturer | |||
| The salary Nick could earn if he worked as a paralegal | |||
| The wages and utility bills that Nick pays | |||
| The rental income Nick could receive if he chose to rent out his showroom |
Complete the following table by determining Nick's accounting and economic profit of his guitar business.
|
Profit |
|
|---|---|
|
(Dollars) |
|
| Accounting Profit | |
| Economic Profit |
Alternatively, the economic profit he would earn as a paralegal would be
.
If Nick's goal is to maximize his economic profit, he _____ stay in the guitar business.
True or false: Nick is not earning a normal profit because his profit is positive.
False
True
In: Economics
What do these four forecasting techniques mean and when should I use them?
1) Moving Average Technique
2) Simple Linear Regression Technique
3) Multiple Linear Regression Analysis Technique
4) Exponential Smoothing Forecasting Technique
In: Math
Grexit or Not?
When the euro was introduced in 1999, Greece was conspicuously absent from the list of the EU member countries adopting the common currency. The country was not ready. In a few short years, however, European leaders, probably motivated by their political agenda, allowed Greece to join the euro club in 2001 although it was not entirely clear if the country satisfied the entry conditions. In any case, joining the euro club allowed the Greek government, households, and firms to gain easy access to plentiful funds at historically low interest rates, ushering in a period of robust credit growth. For a while, Greeks enjoyed what seemed to be the fruits of becoming a full-fledged member of Europe.
In December 2009, however, the new Greek government revealed that the gov- ernment budget deficit would be 12.7 percent for 2009, not 3.7 percent as previously announced by the outgoing government, far exceeding the EU’s convergence guideline of keeping the budget deficit below 3.0 percent of the GDP. As the true picture of the government finance became known, the prices of Greek government bonds began to fall sharply, prompting panic selling among international investors, threatening the sov- ereign defaults.
Several years into the crisis, the Greek government debt stands at around 180 percent of GDP and the jobless rate among youth is above 50 percent. The country’s GDP declined by about 25 percent. Severe austerity measures, such as sharply raised taxes and much reduced pension benefits, were imposed on Greece as conditions for the bail- outs arranged by the EU, IMF, and the European Central Bank. In addition, people were allowed to have only restricted access to their bank deposits, to prevent bank runs. Opin- ion polls indicate that the majority of people in Germany, the main creditor nation for Greece, prefer the Greek exit from the euro zone, popularly called Grexit, while some people in Greece are demanding Grexit themselves and restoration of the national cur- rency, the drachma.
Discussion points: (i) the root causes of the Greek predicaments, (ii) the costs and ben- efits of staying in the euro zone for Greece, (iii) the measures that need to be taken to keep Greece in the euro zone in the long run if that is desirable, (iv) If you were a disinter- ested outside advisor for the Greek government, would you advise Grexit or not? Why or why not?
In: Economics
In the Grossman model, is there a graph that best fits the thrifty phenotype hypothesis?
In: Economics
Assume we start with a total government debt of $0. What happens at the end of each year? Hint if I borrow $10 million then my debt is equal to $10 million.
In year 1 the government spends $405 million and collects $356 million in taxes. Public saving in year 1 is equal to $__million and the government debt is equal to $ __ million.
In year 2 the government spends $390 million and collects $360 million in taxes. Public saving in year 2 is equal to $ __million and the government debt is now equal to $ __million.
In year 3 the government spends $360 million and collects $358 million in taxes. Public saving in year 3 is equal to $ __ million and the government debt is now equal to $ __ million.
In year 4 the government spends $405 million and collects $425 million in taxes. Public saving in year 4 is equal to $__ million and the government debt is now equal to $ __million.
In: Economics