Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111). She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth was born on July 4, 1973, and her Social Security number is 123-45-6785. She wants to contribute $3 to the Presidential Election Campaign Fund.
The following information is shown on Beth's Wage and Tax Statement (Form W–2) for 2019.
| Line | Description | Amount |
| 1 | Wages, tips, other compensation | $65,000.00 |
| 2 | Federal income tax withheld | 9,500.00 |
| 3 | Social Security wages | 65,000.00 |
| 4 | Social Security tax withheld | 4,030.00 |
| 5 | Medicare wages and tips | 65,000.00 |
| 6 | Medicare tax withheld | 942.50 |
| 15 | State | Arizona |
| 16 | State wages, tips, etc. | 65,000.00 |
| 17 | State income tax withheld | 1,954.00 |
During the year, Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099–INT. She received qualified dividends of $800 from Blue Corporation, $750 from Green Corporation, and $650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099–DIV.
Beth received a $1,100 income tax refund from the state of Arizona on April 29, 2019. On her 2018 Federal income tax return, she used the standard deduction.
Fees earned from her part-time tax practice in 2019 totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service.
On February 8, 2019, Beth bought 500 shares of Gray Corporation common stock for $17.60 a share. On September 12, 2019, Beth sold the stock for $14 a share.
Beth bought a used sport utility vehicle for $6,000 on June 5, 2019. She purchased the vehicle from her brother-in-law, who was unemployed and was in need of cash. On November 2, 2019, she sold the vehicle to a friend for $6,500.
On January 2, 2019, Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19, 2019, for $55 a share.
During the year, Beth records revenues of $16,000 from the sale of a software program she developed. Beth incurred the following expenses in connection with her software development business.
| Cost of personal computer | $7,000 |
| Cost of printer | 2,000 |
| Furniture | 3,000 |
| Supplies | 650 |
| Fee paid to computer consultant | 3,500 |
Beth elected to expense the maximum portion of the cost of the computer, printer, and furniture allowed under the provisions of § 179. These items were placed in service on January 15, 2019, and used 100% in her business.
Although her employer suggested that Beth attend a convention on current developments in corporate taxation, Beth was not reimbursed for the travel expenses of $1,420 she incurred in attending the convention. The $1,420 included $200 for the cost of meals.
During the year, Beth paid $300 for prescription medicines and $2,875 for doctor interest to credit card bills and hospital bills. Medical insurance premiums were paid for her by her employer. Beth paid real property taxes of $1,766 on her home. Interest on her home mortgage (Valley National Bank) was $3,845, and interest to credit card companies was $320. Beth contributed $2,080 to various qualifying charities during the year. Professional dues and subscriptions totaled $350.
Beth paid estimated taxes of $1,000. Beth does not own or use any virtual currency.
Required:
Compute the net tax payable or refund due for Beth R. Jordan for 2019.
In: Accounting
Discuss assessment centers in terms of dimensions typically used, and types of simulations thst are frequently applied. Discuss the validity of situational tests and legal considerations.
In: Operations Management
In Python: Program. At the university, passwords for the campus computer system must meet the following requirements:
Start by translating the pseudocode below into a python function. Add the last two requirements to your function.
In: Computer Science
What is “autonomous consumption”?
Describe two shocks that would increase a nation’s autonomous consumption.
According to the classical model, how would national saving (S) and investment (I) be affected (up, down, or no change) by those
shocks? How would the aggregate demand for goods (Yd) be affected (up, down, or no change)? Explain.
please use an equation with arrows or a diagram along with words, not just words
In: Economics
Write a Java program that defines two boolean variables a and b and shows that regardless of the values of a and b, the expressions (a && (a || b)) and a are always the same.
In: Computer Science
What is table tipping? Why is it not due to paranormal intervention? Why are so many deceived by such activities? Detail your answer.
In: Psychology
What are some valid economic justifications for mergers? Please see chapter Ch.22 for references to this topic.
Attention: Explain. Please answer in the form of paragraph, no bullet points or numerical and I will rate. Thank you in advance!
In: Operations Management
Professor Solomon tells her class, "Neurocognitive disorders are diagnosed through a process of elimination. Neurocognitive disorders may be due to a specific medical condition, a substance-induced condition, or may result from multiple etiologies. The category of neurocognitive disorders is arbitrary because other mental disorders may be associated with neurocognitive disorders and organic involvement. It is always difficult to measure, assess, and determine the causes of neurocognitive disorders." Which part of Professor Solomon's statement is accurate?
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A. Neurocognitive disorders are diagnosed through a process of elimination. |
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B. Neurocognitive disorders may be due to a specific medical condition, a substance-induced condition, or may result from multiple etiologies. |
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C. The category of neurocognitive disorders is arbitrary because other mental disorders may be associated with neurocognitive disorders and organic involvement. |
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D. The causes of neurocognitive disorders cannot be effectively measured or assessed as of yet. |
In: Chemistry
Analyze the leadership strategies individuals have used to manage this massive change of COVID-19 What has been effective? Ineffective? Explain your reasoning.
In: Operations Management
ABC Versus ABM
Harvey Company produces two models of blenders: the “Super Model” (priced at $399) and the “Special Model” (priced at $201). Recently, Harvey has been losing market share with its Special Model because of competitors offering blenders with the same quality and features but at a lower price. A careful market study revealed that if Harvey could reduce the price of its Special Model to $181, it would regain its former share of the market. Management, however, is convinced that any price reduction must be accompanied by a cost reduction of the same amount so that per-unit profitability is not affected. Earl Wise, company controller, has indicated that poor overhead costing assignments may be distorting management’s view of each product’s cost and, therefore, the ability to know how to set selling prices. Earl has identified the following overhead activities: machining, inspection, and rework. The three activities, their costs, and practical capacities are as follows:
| Activity | Cost | Practical Capacity |
|---|---|---|
| Machining | $5,310,000 | 88,500 machine hours |
| Inspection | 3,393,000 | 43,500 inspection hours |
| Rework | 1,822,800 | 43,400 rework hours |
The consumption patterns of the two products are as follows:
| Special | Super | |
| Units | 100,000 | 30,200 |
| Machine hours | 49,500 | 39,000 |
| Inspection hours | 9,200 | 34,300 |
| Rework hours | 7,000 | 36,400 |
Harvey assigns overhead costs to the two products using a plantwide rate based on machine hours.
Required:
1. Calculate the unit overhead cost of the
Special Model using machine hours to assign overhead costs. Round
intermediate calculations and your final answer to the nearest
cent, if rounding is required.
$fill in the blank 1 per unit
Now, repeat the calculation using ABC to assign overhead costs.
Round intermediate calculations and your final answer to the
nearest cent, if rounding is required.
$fill in the blank 2 per unit
Did improving the accuracy of cost assignments solve Harvey’s competitive problem?
2. Now, assume that in addition to
improving the accuracy of cost assignments, Earl observes that
defective supplier components are the root cause of both the
inspection and rework activities. Suppose further that Harvey has
found a new supplier that provides higher-quality components such
that inspection and rework costs are reduced by 50 percent. Now,
calculate the cost of the Special Model (assuming that inspection
and rework times are also reduced by 50 percent) using ABC. The
relative consumption patterns also remain the same. Round
intermediate calculations and your final answer to the nearest
cent, if rounding is required.
$fill in the blank 4 per unit
Comment on the difference between ABC and ABM.
In: Accounting
In: Math
Show, organize, and label (SOL) your work. Use correct notation as done in class or the book. If you use a calculator function to do a calculation, write down the keys used. You do not have to write down calculator steps if you’re just using a calculator to do arithmetic calculations.
1. At the Shenandoah Valley Produce Auction (SVPA) a box contains 5 ghost pumpkins with the following weights: {5 lbs, 7 lbs, 8 lbs, 11 lbs, 14 lbs}. Let X = weight of ghost pumpkins in the box.
a) Fill in the missing cells in the table below. Calculate the mean and standard deviation for all 3 columns. Note: You should use the population standard deviation formula.
|
x |
y=x-µX |
z=(x-μX)/σX |
|
|
5 lbs |
- 4 = 5 - 9 |
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7 lbs |
|||
|
8 lbs |
|||
|
11 lbs |
|||
|
14 lbs |
|||
|
Mean μ |
9 lbs |
||
|
SD σ |
b) How did transforming the original data (X) by subtracting the mean of the original data change the mean? In other words, what is the mean of Y? How did dividing by the standard deviation change the standard deviation of the original data? In other words, what is the standard deviation of Z?
c) Does the variable Z have a standard normal distribution? Why did you answer the way you did? Think about what properties a standard normal distribution has.
d) What is the probability that X is greater than 7 if a pumpkin is randomly chosen from the box (should be very simple to answer)? How does this compare to the probability that the weight of a randomly chosen pumpkin has a Z-score greater than the z-score of 7 (again easy to answer)?
2.. The SVPA sells a box of 6 Blue Hubbard pumpkins. The mean weight of all the pumpkins in the box is 14.5 lbs. The table below shows the distribution of the sample mean weight if 3 pumpkins are selected randomly from the box.
|
Sample Mean (lbs) |
9 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
18 |
20 |
|
Probability |
0.1 |
0.1 |
0.05 |
0.15 |
0.1 |
0.1 |
0.15 |
0.05 |
0.1 |
0.1 |
a. Suppose the three pumpkins selected are 3lbs, 9 lbs and 21 lbs. Construct a 60% confidence interval on the population mean using this sample. Explain how you figured out the margin of error.
b. Interpret the 60% confidence interval found in part a. Give the full interpretation and use the context of the problem
c. The SVPA claims that based on years of data the mean weight of the pumpkins in the box is 14.5 lbs. Does the 60% confidence interval from part a contradict this claim?
d. What is the probability the mean weight of the pumpkins in the box is in the 60% confidence interval found in part a. Explain.
e. For the hypotheses H0: μ = 14.5 lbs and H1: μ ≠ 14.5 lbs on the mean weight of the pumpkins in the box, what would the p-value be for the hypothesis test using the sample from part a. Use correct notation. Explain what the p-value represents within the context of the problem.
f. For the hypothesis test in part e, what would be the lowest significance level at which we would reject the null hypothesis? Explain.
3. Giant pumpkins frequently don’t contain seeds when cut open because of excessive in-breeding. This is unfortunate since seeds can sell for $30 each or more. In a sample of 50 giant pumpkins, 23 did not contain seeds.
a) What is the point estimate for the proportion of giant pumpkins that don’t have seeds?
b) Show that the necessary conditions are satisfied for the sample proportion to have an approximately normal distribution.
c) Using the sample above an obstreperous giant pumpkin researcher wants to use the unusual confidence level of 75% to create a confidence interval for the true proportion of giant pumpkins not containing seeds
i) What would be the standard error for the sample proportion? Use p-hat as an estimate of p.
ii) What is the critical value for this confidence interval?
iii) What is the margin of error?
iv) What is the75% confidence interval?
d) Interpret the 75% confidence interval within the context of the problem.
e) What sample size would be necessary to produce a margin of error equal to 5 percentage points assuming the true proportion is equal to the sample proportion from above?
In: Math
Answer all the following questions, using essay format Pick a firm/company/organization from your country that you are familiar with for example apple, ikea or mcdonalds
Question 1 Business strategy allows organizations to develop a clearer understanding of their own organization and what’s required for them to succeed.
a- Explain what business strategy is and discuss why the competitive advantages are temporary along with the four key areas of a SWOT analysis.
b- Give an example to show how you may apply the SWOT. (1000 Words)
Question 2
Define critical success factors (CSFs) and key performance indicators (KPI) Explain how managers use them to measure the success of MIS projects. (1000 Words)
In: Operations Management
Give an example in which potential energy is transformed to thermal energy (U goes to Eth)
In: Physics
Using any existing 2D or 3D graphics library ( such as Java 2D, Java 3D or OpenGL ) draw a scene featuring various elements. You are to choose from one of the following categories:
3. Any visual landscape element of your choice (Using OpenGL with Java or Python )
You are free to create whatever you choose but it must conform to the following guidelines.
In: Computer Science