Mwanamaida Ltd, a company located in Lusaka light industrial area, manufactures plastic containers for the pharmaceutical and cosmetic industries. The plant, in which the company undertakes all of its production, has two production departments – ‘Cutting’ and ‘Shaping’, and two service departments – ‘Stores’ and ‘Maintenance’.
The information provided below has been extracted from the company’s budget for the next financial year which ends on 31st December 2019.
Allocated Production Overhead Costs K
Cutting department 140,000
Shaping department 160,000
Stores department 35,000
Maintenance department 28,000
Apportioned Production Overheads K
Factory rent 525,000
Factory building insurance 70,000
Plant & machinery insurance 39,000
Plant & machinery depreciation 58,500
Canteen subsidy 150,000
The following additional information is also provided:
Cutting Shaping Stores Maintenance
Dept Dept Dept Dept
Floor area (square metres) 18,000 12,000 3,000 2,000
Value of plant & machinery (K) 300,000 50,000 25,000 15,000
Number of stores requisitions 1,000 500
Maintenance hours required 2,700 2,000 300
Number of employees 34 60 4 2
Machine hours 12,000 2,000
Labour hours 9,000 15,000
Required:
(a) Prepare an overhead analysis sheet based on the above information, clearly state the basis used for any apportionments.
(b) Re-apportion the service department costs and calculate the most appropriate overhead rate for each department (rate should be calculated to two decimal places
(c) During the year ended 31 December 2019 the following hours were actually worked and the following actual incurred:
Department Labour hours Machine hours Overhead costs Incurred
Cutting 8,000 14,000 K531,500
Shaping 16,000 3,000 K405,500
Calculate the over/under absorbed overhead for each of the two department for the year ended 31st December 2019. (Total: 20 marks)
In: Accounting
Society: In my mind, the difference between what is labeled "normal" behavior and what is labeled "abnormal" behavior has a lot to do with how society view behavior. However, it also has to do with the level of psychological soundness. Psychological soundness can be determined by many factors including culture, religion, morals, values, worldview, etc. However, in the same way we discussed grief last week, there can be a universal judgment for soundness. How do we determine what that is? Could person who deliberately ordered the murder of hundreds of people, such as former Iraqi leader Saddam Hussein, be psychologically sound? Why or why not? Answer this question with one or more theories mentioned in this week's reading.
In: Psychology
Break-Even Sales Under Present and Proposed Conditions
Darby Company, operating at full capacity, sold 148,400 units at a price of $135 per unit during the current year. Its income statement is as follows:
| Sales | $20,034,000 | ||
| Cost of goods sold | 7,110,000 | ||
| Gross profit | $12,924,000 | ||
| Expenses: | |||
| Selling expenses | $3,555,000 | ||
| Administrative expenses | 2,115,000 | ||
| Total expenses | 5,670,000 | ||
| Income from operations | $7,254,000 |
The division of costs between variable and fixed is as follows:
| Variable | Fixed | |||
| Cost of goods sold | 60% | 40% | ||
| Selling expenses | 50% | 50% | ||
| Administrative expenses | 30% | 70% | ||
Management is considering a plant expansion program for the following year that will permit an increase of $1,620,000 in yearly sales. The expansion will increase fixed costs by $216,000, but will not affect the relationship between sales and variable costs.
Required:
1. Determine the total variable costs and the total fixed costs for the current year.
| Total variable costs | $fill in the blank 1 |
| Total fixed costs | $fill in the blank 2 |
2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year.
| Unit variable cost | $fill in the blank 3 |
| Unit contribution margin | $fill in the blank 4 |
3. Compute the break-even sales (units) for the
current year.
fill in the blank 5 units
4. Compute the break-even sales (units) under
the proposed program for the following year.
fill in the blank 6 units
5. Determine the amount of sales (units) that
would be necessary under the proposed program to realize the
$7,254,000 of income from operations that was earned in the current
year.
fill in the blank 7 units
6. Determine the maximum income from operations
possible with the expanded plant.
$fill in the blank 8
7. If the proposal is accepted and sales remain
at the current level, what will the income or loss from operations
be for the following year?
$fill in the blank 9 Income
8. Based on the data given, would you recommend accepting the proposal?
Choose the correct answer.
b
In: Accounting
Moss Exports is having a bad year. Net income is only $60,000. Also, two important overseas customers are falling behind in their payments to Moss, and Moss’s accounts receivable are ballooning. The company desperately needs a loan. The Moss Exports Board of Directors is considering ways to put the best face on the company’s financial statements. Moss’s bank closely examines cash flow from operating activities. Daniel Peavey, Moss’s controller, suggests reclassifying the receivables from the slow-paying clients as long-term. He explains to the board that removing the $80,000 increase in accounts receivable from current assets will increase net cash provided by operations. This approach may help Moss get the loan. Using only the amounts given, compute net cash provided by operations, both without and with the reclassification of the receivables. Which reporting makes Moss look better? Under what condition would the reclassification of the receivables be ethical? Unethical
? Remember: your initial post must be between 150-500 words. In order to earn all 10 points you must make a substantive comment on another student's post. You don't have to stay inside your alpha groups to comment. You may post a comment on the other question.
In: Accounting
Valentine Accessories Plus produces brass handles for the
furniture industry in a four-stage process –Mixing, Moulding,
Polishing and Packaging. Costs incurred in the Polishing Department
during January are summarized as follows: WIP - Polishing Process
A/C
| Jan 1 bal . $0.00 | ||
| Transfer from Moulding 20,000 . $1,310,000 | ||
| Direct Materials Added $391,600 | ||
|
Direct Labour $638,000 Manufacturing Overhead $307,400 |
Normal losses are estimated to be 2½% of input during the period. Inspection takes place during the processing operation, at which point damaged handles are separated from good handles and sold as scrap to local furniture manufacturers at $85 each. At inspection, 2,000 handles were rejected as scrap. These units had reached the following degree of completion: Transfer from Moulding 100% Direct material added 40% Conversion costs 20%
Work-in-progress at the end of January was 4,000 handles and had reached the following degree of completion: Transfer from Moulding 100% Direct material added 80% Conversion costs 50%
Direct materials added and conversion costs are incurred uniformly throughout the process. Required:
(a) Compute the equivalent units and cost per equivalent units for direct materials (From Moulding & Direct materials added) and conversion costs.
(b) Compute the: cost of the unexpected losses total cost of the handles completed and transferred out of the Packaging Department cost of ending work in process inventory in the Polishing Department (3 marks
(c) Complete the Work in Process Inventory – Polishing Process T-account, clearly showing the ending balance.
(d) Prepare the journal entries for the: assignment of direct materials, direct labour incurred and the manufacturing overhead applied to the Polishing Process cost of the units completed and transferred out to the Packaging Process
(e) Given that 30% of the unexpected losses were as a result of pilferage, calculate Valentine Accessories true loss for the Polishing Department. (2
In: Accounting
[1] Can you load a Linux kernel module more than once? Explain briefly.
[1] For the modules we have created in class, does the code run continuously, or does it run in response to certain events? Explain, and be specific.
[1] When the kernel does a printk(), does it write directly to /var/log/kern.log? Explain.
[1] The makefile for a Linux kernel module is generally very simple; however, building a module seems to be a bit complicated, generating lots of files. Where is the module build process getting instructions for doing all this work?
[1] If you change line 22 in the ones module to define CLASS_NAME to be "OSclass", will this change the observable behavior of the module? Explain briefly.
[1] When doing the work for a system call, how does the kernel keep track of which process made that system call (so it does the work on behalf of that process)?
[2] How does the format of data returned by getdents(2) differ from that returned by readdir(3) (at a high level)? What is a key motivation for this difference?
[2] How can you change the magic_prefix for the rootkit without changing the code of the module? How is this information passed to the kernel at runtime?
[2] When the kernel allocates memory for its own use, does it refer to that memory using virtual or physical addresses? How does the remember module show this?
[2] What is a significant reason why the kernel uses functions such as copy_to_user() when accessing process memory? Why not just access this memory directly?
[2] Change the ones module so that it will allow writes, and the first character of whatever is written will become the character that is repeatedly output when reading (instead of '1'). What changes do you need to make?
[4] How could you make a "spooky rootkit" (based on 3000rootkit) that would randomly (with a .01 probability on each call to getdents) insert a file "BOO!" with an inode of 9999 into the stream of returned files? Note that you can get random bytes using the get_random_bytes() function in the kernel.
In: Computer Science
Long Answer Question:
-Use at least two Organizational Behaviour Models to explain the characteristics of a successful leader.
In: Operations Management
1. Either (a) If determinism is true, is a person bound to do what they actually do ? OR Is there any role for higher order desire in an account of freedom?
Please. solution should be well explain with good example to justify the question
In: Psychology
In: Computer Science
talk about your experience with additive versus subtractive color mixing and how they are different
In: Psychology
Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an elaborate distilling process. The company has developed standard costs for one unit of Fludex, as follows: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 2.50 ounces $ 19.00 per ounce $ 47.50 Direct labor 0.70 hours $ 15.00 per hour 10.50 Variable manufacturing overhead 0.70 hours $ 4.00 per hour 2.80 Total standard cost per unit $ 60.80 During November, the following activity was recorded related to the production of Fludex: Materials purchased, 12,500 ounces at a cost of $223,125. There was no beginning inventory of materials; however, at the end of the month, 3,250 ounces of material remained in ending inventory. The company employs 21 lab technicians to work on the production of Fludex. During November, they each worked an average of 150 hours at an average pay rate of $12.50 per hour. Variable manufacturing overhead is assigned to Fludex on the basis of direct labor-hours. Variable manufacturing overhead costs during November totaled $5,100. During November, the company produced 3,500 units of Fludex. Required: 1. For direct materials: a. Compute the price and quantity variances. b. The materials were purchased from a new supplier who is anxious to enter into a long-term purchase contract. Would you recommend that the company sign the contract? 2. For direct labor: a. Compute the rate and efficiency variances. b. In the past, the 21 technicians employed in the production of Fludex consisted of 4 senior technicians and 17 assistants. During November, the company experimented with fewer senior technicians and more assistants in order to reduce labor costs. Would you recommend that the new labor mix be continued? 3. Compute the variable overhead rate and efficiency variances.
In: Accounting
4. The enzyme alcohol dehydrogenase catalyzes the oxidation of ethyl alcohol by NAD+ to give acetaldehyde plus NADH and a proton:
CH3CH2OH + NAD+ CH3CHO + NADH + H+
The rate of this reaction can be measured by following the change in pH. The reaction is run in 1 mL 10 mM TRIS buffer at pH 8.6. If the pH of the reaction solution falls to 8.4 after ten minutes, what is the rate of alcohol oxidation, expressed as nanomoles of ethanol oxidized per mL per sec of reaction mixture?
In: Chemistry
For the following data values below, construct a 90% confidence interval if the sample mean is known to be 0.719 and the population standard deviation is 0.366. (Round to the nearest thousandth) (Type your answer in using parentheses!Use a comma when inputing your answers! Do not type any unnecessary spaces! List your answers in ascending order!) for example: (0.45,0.78)
0.56, 0.75, 0.10, 0.95, 1.25, 0.54, 0.88
In: Math
1. Explain how and why study of the Humanities is relevant to contemporary human experience.
2. Analyze how personal experience affects one's interpretation of humanities texts.
In: Psychology
Write a program that calculates mean and standard deviation for four user entered values. The most common measures of a sample are the mean and the standard deviation. the mean is the sum of the values divided by the number of elements in the data set. The dispersion - or spread in the values - is measured by the standard deviation The equation for the mean is x¯ = x1 + x2 + · · · + xn The equation for the standard deviation is sx = √ (x1 − x¯) 2 + (x2 − x¯) 2 + · · · + (xn − x¯) 2 n − 1 Your program will have the user enter four values (all doubles), You might call them x1, x2,x3,and x4. The program will then pass these four values to a function called mean that will calculate and return the mean of the four values. The mean and the four values will then be passed to a second function called stdev which will calculate and return the standard deviation of the four values. You program should be using functions. There will be a function printHeader that prints the splash screen, a function mean that calculates the mean, a function stdev that calculates the standard deviation, and a function printResults that prints the four values, their mean, and their standard deviation Your program must also include comments with your name, the date, and a short description of the project. It must also print this information as a splash screen at the beginning of the program run. It should print like:
X: 4.00, 7.00, 1.00, 10.00
Mean: 5.50
Std Dev: 3.87
This needs to be done in C++. Below is the format:
//
// Name
// 1 October 2020
// Program to calculate the mean and standard
deviation
//
// Pound includes - will need the string and cmath
libraries
#include<iostream>
#include<iomanip>
#include<cmath>
#include<string>
using namespace std;
// Function Prototypes - Need to add three more. One
for mean, one for
// standard deviation, and one for the printResults
void printHeader(string, string);
int main(void) {
// Splash Screen
printHeader("1 October 2020", "Calculating
Statistics");
// Declare and Initialize all of the
variables
// Will need doubles for the four data
points, as well as a double
// for the mean and one for the standard deviation
// Prompt for entering data - you must
enter four values
// Pass the four data variables to a function that
returns the mean
// Pass the four data variables and the
mean to a function that returns
// the standard deviation
// Print the results
// Include the original values and the
mean and the standard
// DO NOT PRINT IT HERE - pass the variables to a printResults
function
return 0;
}
// Function Definitions
void printHeader(string dueDate, string description) {
// PRINTHEADER void printHeader(string, string) prints
the splash screen
// using the two strings that are passed to the
function from the driver.
//
// Name:
// Date:
//
// Print the splash screen
cout << endl;
cout << "Your Name Here" << endl;
cout << "CMPSC 101" << endl;
cout << dueDate << endl;
cout << description << endl;
cout << endl;
return;
}
In: Computer Science