Questions
Iguana, Inc., manufactures bamboo picture frames that sell for $25 each. Each frame requires 4 linear...

Iguana, Inc., manufactures bamboo picture frames that sell for $25 each. Each frame requires 4 linear feet of bamboo, which costs $3.00 per foot. Each frame takes approximately 30 minutes to build, and the labor rate averages $12 per hour. Iguana has the following inventory policies:

  • Ending finished goods inventory should be 40 percent of next month’s sales.
  • Ending raw materials inventory should be 30 percent of next month’s production.


Expected unit sales (frames) for the upcoming months follow:   

March 320
April 340
May 390
June 490
July 465
August 515


Variable manufacturing overhead is incurred at a rate of $0.20 per unit produced. Annual fixed manufacturing overhead is estimated to be $7,200 ($600 per month) for expected production of 4,000 units for the year. Selling and administrative expenses are estimated at $650 per month plus $0.50 per unit sold.

     Iguana, Inc., had $10,500 cash on hand on April 1. Of its sales, 80 percent is in cash. Of the credit sales, 50 percent is collected during the month of the sale, and 50 percent is collected during the month following the sale.

     Of raw materials purchases, 80 percent is paid for during the month purchased and 20 percent is paid in the following month. Raw materials purchases for March 1 totaled $2,000. All other operating costs are paid during the month incurred. Monthly fixed manufacturing overhead includes $240 in depreciation. During April, Iguana plans to pay $2,000 for a piece of equipment.

Iguana, Inc., manufactures bamboo picture frames that sell for $25 each. Each frame requires 4 linear feet of bamboo, which costs $3.00 per foot. Each frame takes approximately 30 minutes to build, and the labor rate averages $12 per hour. Iguana has the following inventory policies:

  • Ending finished goods inventory should be 40 percent of next month’s sales.
  • Ending raw materials inventory should be 30 percent of next month’s production.


Expected unit sales (frames) for the upcoming months follow:   

March 320
April 340
May 390
June 490
July 465
August 515


Variable manufacturing overhead is incurred at a rate of $0.20 per unit produced. Annual fixed manufacturing overhead is estimated to be $7,200 ($600 per month) for expected production of 4,000 units for the year. Selling and administrative expenses are estimated at $650 per month plus $0.50 per unit sold.

     Iguana, Inc., had $10,500 cash on hand on April 1. Of its sales, 80 percent is in cash. Of the credit sales, 50 percent is collected during the month of the sale, and 50 percent is collected during the month following the sale.

Compute the budgeted cash receipts for Iguana. (Do not round your intermediate calculations. Round final answers to 2 decimal places.)

April

May

June

2nd quarter total

Budgeted Cash Receipts

Compute the budgeted cash payments for Iguana. (Do not round your intermediate calculations. Round final answers to 2 decimal places.)

April

May

June

2nd quarter total

Budgeted Cash payments

Prepare the cash budget for Iguana. Assume the company can borrow in increments of $1,000 to maintain a $10,000 minimum cash balance. (Leave no cell blank enter "0" wherever required. Round your answers to 2 decimal places.)

April

May

June

2nd quarter total

Beginning cash balance

Plus: Budgeted Cash Receipts

Less: Budgeted Cash Payments

Preliminary Cash Balance

Cash borrowed / Repaid

Ending Cash Balance

In: Accounting

The system described by the reaction CO(g)+Cl2(g)?COCl2(g) is at equilibrium at a given temperature when PCO=...

The system described by the reaction
CO(g)+Cl2(g)?COCl2(g)
is at equilibrium at a given temperature when PCO= 0.31atm , PCl2= 0.12atm , and PCOCl2= 0.59atm . An additional pressure of Cl2(g)= 0.39atm is added.

Find the pressure of CO when the system returns to equilibrium. in atm

In: Chemistry

What volume of a 0.305 M nitric acid solution is required to neutralize 18.3 mL of...

What volume of a 0.305 M nitric acid solution is required to neutralize 18.3 mL of a 0.112 M potassium hydroxide solution?

__________ mL nitric acid

In: Chemistry

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

41. 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

How can standard enthalpy and gibbs free energy of a reaction be used to determine yield...

How can standard enthalpy and gibbs free energy of a reaction be used to determine yield at a particular temperature and pressure? The standard enthalpy of formation at 298K is -45.4 kJ/mol and the standard gibbs free energy at 298K is -7.7kJ/mol. The problem requires that the yield of the reaction be determined at 325K and 50 atm. Any help with this would be greatly appreciated.

In: Chemistry

You may need to use the appropriate appendix table or technology to answer this question. The...

You may need to use the appropriate appendix table or technology to answer this question. The state of California has a mean annual rainfall of 22 inches, whereas the state of New York has a mean annual rainfall of 42 inches. Assume that the standard deviation for both states is 4 inches. A sample of 32 years of rainfall for California and a sample of 48 years of rainfall for New York has been taken.

b.What is the probability that the sample mean is within 1 inch of the population mean for California? (Round your answer to four decimal places.)

c.What is the probability that the sample mean is within 1 inch of the population mean for New York? (Round your answer to four decimal places.)

d.In which case, part (b) or part (c), is the probability of obtaining a sample mean within 1 inch of the population mean greater? Why?

In: Math

1. According to the Ricardian equivalence theorem, an increase in government spending (G) would: Increase aggregate...

1. According to the Ricardian equivalence theorem, an increase in government spending (G) would:

Increase aggregate demand as consumer spending would not change

Decrease aggregate demand as consumer spending would decrease more than the increase in G

Not change aggregate demand as consumer spending would decrease by the opposite amount as the increase in G

Not change aggregate demand as household savings would decrease

2.  From a functional finance perspective, when the economy is in an inflationary gap the government should:

do nothing

run a deficit

run a surplus

run a balanced budget

In: Economics

explain 8 specific example in which lifestyle and the environment contribute to diseases

explain 8 specific example in which lifestyle and the environment contribute to diseases

In: Biology

Define each of them and show the process of solving them with Excel. What is critical...

Define each of them and show the process of solving them with Excel.

What is critical value/standardized test statistic z/standardized test statistic t/P-value?

In: Math

Draw and explain the P-V graph for both adiabatic and isothermal processes and explain the difference.

Draw and explain the P-V graph for both adiabatic and isothermal processes and explain the difference.

In: Physics

Apex Computing is preparing for a Secret Santa gift exchange. Certain information will be gathered from...

Apex Computing is preparing for a Secret Santa gift exchange. Certain information will be gathered from each employee. Although it would be more realistic to write a program that asks a user for input, this program will just be a practice for using structures and functions so we will create the information by assigning values to the variables.

Write a program that uses a structure named EmpInfo to store the following about each employee:

Name

Age

Favorite Food

Favorite Color

The program should create three EmpInfo variables, store values in their members, and pass each one, in turn, to a function that displays the information in a clear and easy-to-read format. (Remember that you will choose the information for the variables.)

Here is an example of the output:

Name………………………………Mary Smith

Age ……………………………….. 25

Favorite food ………………… Pizza

Favorite color ……………….. Green

In: Computer Science

NEED TO BE IN PYTHON!!! Make sure to put the main section of your code in...

NEED TO BE IN PYTHON!!!

Make sure to put the main section of your code in the following if block:

# Type code for classes here

if __name__ == "__main__":

# Type main section of code here

(1) Build the Account class with the following specifications:

Attributes

  • name (str)
  • account_number (int)
  • balance (float)

Create a constructor that has 3 parameters (in addition to self) that will be passed in from the user. (no default values)

Define a __str__() method to print an Account like the following

Account Name: Trish Duce

Account Number: 90453889

Account Balance: $100.00

Define a deposit() method that has 1 parameter (in addition to self) that will be passed in from the user. (no default values) The method deposits the specified amount in the account.

Define a withdraw() method that has 2 parameters (in addition to self) that will be passed in from the user. (no default values) The method withdraws the specified amount (1st parameter) and fee (2nd parameter) from the account.

(2) In the main section of your code, create 3 accounts.

  • Trish Duce 90453889 100
  • Donald Duck 83504837 100
  • Joe Smith 74773321 100

(3) Print the 3 accounts using print(acct1)…

(4) Deposit 25.85, 75.50 and 50 into accounts 1, 2 and 3.

(5) Print the 3 accounts.

(6) Withdraw 25.85 (2.50 fee), 75.50 (1.50 fee), 50.00 (2.00 fee).

(7) Print the 3 accounts.

Output should look like the following:

Account Name: Trish Duce

Account Number: 90453889

Account Balance: $100.00

Account Name: Donald Duck

Account Number: 83504837

Account Balance: $100.00

Account Name: Joe Smith

Account Number: 74773321

Account Balance: $100.00

Account Name: Trish Duce

Account Number: 90453889

Account Balance: $125.85

Account Name: Donald Duck

Account Number: 83504837

Account Balance: $175.50

Account Name: Joe Smith

Account Number: 74773321

Account Balance: $150.00

Account Name: Trish Duce

Account Number: 90453889

Account Balance: $97.50

Account Name: Donald Duck

Account Number: 83504837

Account Balance: $98.50

Account Name: Joe Smith

Account Number: 74773321

Account Balance: $98.00

In: Computer Science

You will use the definition of the linked-queue from lab6, and re-write it as a template...

You will use the definition of the linked-queue from lab6, and re-write it as a template for a linked-queue (I hope you finished the function definitions)

In the driver file, create and use queues of different types to show it works.

In the documentation, indicate if there are any types it won’t work for, and why not.

driver.cpp

#include <iostream>
using namespace std;

#include "LQueue.h"
void print(Queue q)
{
q.display(cout);
}
int main()
{
Queue q1;
cout << "Queue created. Empty? " << boolalpha << q1.empty() << endl;
cout << "How many elements to add to the queue? ";
int numItems;
cin >> numItems;
for (int i = 1; i <= numItems; i++)
  q1.enqueue(100 * i);
cout << "Contents of queue q1 (via print):\n";
print(q1); cout << endl;
Queue q2;
q2 = q1;
cout << "Contents of queue q2 after q2 = q1 (via print):\n";
print(q2); cout << endl;
cout << "Queue q2 empty? " << q2.empty() << endl;
cout << "Front value in q2: " << q2.front() << endl;
while (!q2.empty())
{
  cout << "Remove front -- Queue contents: ";
  q2.dequeue();
  q2.display(cout);
}
cout << "Queue q2 empty? " << q2.empty() << endl;
cout << "Front value in q2?" << endl << q2.front() << endl;
cout << "Trying to remove front of q2: " << endl;
q2.dequeue();
return 0;
}

LQueue.h

#include <iostream>
#ifndef LQUEUE
#define LQUEUE
typedef int QueueElement;
class Queue
{
public:
/***** Function Members *****/
/***** Constructors *****/
Queue();
/*-----------------------------------------------------------------------
     Construct a Queue object.
      Precondition: None.
       Postcondition: An empty Queue object has been constructed.
            (myFront and myBack are initialized to null pointers).
      -----------------------------------------------------------------------*/
Queue(const Queue & original);
/*-----------------------------------------------------------------------
     Copy Constructor
      Precondition: original is the queue to be copied and is received
           as a const reference parameter.
         Postcondition: A copy of original has been constructed.
      -----------------------------------------------------------------------*/
      /***** Destructor *****/
~Queue();
/*-----------------------------------------------------------------------
     Class destructor
      Precondition: None.
       Postcondition: The linked list in the queue has been deallocated.
    -----------------------------------------------------------------------*/
    /***** Assignment *****/
const Queue & operator= (const Queue & rightHandSide);
/*-----------------------------------------------------------------------
     Assignment Operator
      Precondition: rightHandSide is the queue to be assigned and is
           received as a const reference parameter.
         Postcondition: The current queue becomes a copy of rightHandSide
              and a reference to it is returned.
        -----------------------------------------------------------------------*/
bool empty() const;
/*-----------------------------------------------------------------------
    Check if queue is empty.

       Precondition: None.
       Postcondition: Returns true if queue is empty and false otherwise.
       -----------------------------------------------------------------------*/
void enqueue(const QueueElement & value);
/*-----------------------------------------------------------------------
    Add a value to a queue.

       Precondition: value is to be added to this queue.
       Postcondition: value is added at back of queue.             
       -----------------------------------------------------------------------*/
void display(ostream & out) const;
/*-----------------------------------------------------------------------
    Display values stored in the queue.
       Precondition: ostream out is open.
       Postcondition: Queue's contents, from front to back, have been
       output to out.
       -----------------------------------------------------------------------*/
QueueElement front() const;
/*-----------------------------------------------------------------------
    Retrieve/Peep value at front of queue (if any).

       Precondition: Queue is nonempty.
       Postcondition: Value at front of queue is returned, unless the queue
       is empty; in that case, an error message is displayed and a
       "garbage value" is returned.
       -----------------------------------------------------------------------*/
void dequeue();
/*-----------------------------------------------------------------------
    Remove value at front of queue (if any).
       Precondition: Queue is nonempty.
       Postcondition: Value at front of queue has been removed, unless
       queue is empty; in that case, an error message is displayed
       and execution allowed to proceed.
       -----------------------------------------------------------------------*/
private:
void delete_q(); // utility/helper function to delete queues for
      // destructor and assignment operator
         /*** Node class for the queue***/
class Node
{
public:
  QueueElement data;
  Node * next;
  //--- Node constructor
  Node(QueueElement value, Node * link = 0)
        /*-------------------------------------------------------------------
            Precondition: value and link are received
             Postcondition: A Node has been constructed with value in its
                 data part and its next part set to link (default 0).
                  ------------------------------------------------------------------*/
  {
   data = value; next = link;
  }

}; //for Node class
typedef Node * NodePointer;

/***** Data Members *****/
NodePointer myFront,      // pointer to front of queue
  myBack;                 // pointer to back of queue

}; // end of class declaration
#endif

LQueue-Incomplete.cpp

#include <new>
using namespace std;
#include "LQueue.h"
//--- Definition of Queue constructor
Queue::Queue()
: myFront(0), myBack(0)
{}
//--- Definition of Queue copy constructor
Queue::Queue(const Queue & original)
{
myFront = myBack = 0;
if (!original.empty())
{
  // Copy first node
  myFront = myBack = new Node(original.front());
  // Set pointer to run through original's linked list
  NodePointer origPtr = original.myFront->next;
  while (origPtr != 0)
  {
   myBack->next = new Node(origPtr->data);
   myBack = myBack->next;
   origPtr = origPtr->next;
  } //while
} //if
}
void Queue::delete_q(void) {
// Set pointer to run through the queue
NodePointer prev = myFront, // node to be released/deleted
  ptr; // points to the front node

while (prev != 0)
{
  ptr = prev->next;
  delete prev;
  prev = ptr;
}
}
//--- Definition of Queue destructor
// delete queue from the front
Queue::~Queue()
{
delete_q();
}
//--- Definition of assignment operator
const Queue & Queue::operator=(const Queue & rightHandSide)
{
if (this != &rightHandSide)         // check that not q = q
{
  this->delete_q();               // destroy current linked list

  if (rightHandSide.empty())       // empty queue
   myFront = myBack = 0;
  else
  {                                // copy rightHandSide's list
           // Copy first node
   myFront = myBack = new Node(rightHandSide.front());
   // Set pointer to run through rightHandSide's linked list
   NodePointer rhsPtr = rightHandSide.myFront->next;
   while (rhsPtr != 0)
   {
    myBack->next = new Node(rhsPtr->data);
    myBack = myBack->next;
    rhsPtr = rhsPtr->next;
   }
  }
}
return *this;
}
//--- Definition of empty()
bool Queue::empty() const
{
return (myFront == 0);
}
//--- Definition of enqueue()
void Queue::enqueue(const QueueElement & value)
{
NodePointer newptr = new Node(value);
if (empty())
  myFront = myBack = newptr;
else
{
  myBack->next = newptr;
  myBack = newptr;
}
}
//--- Definition of display()
void Queue::display(ostream & out) const
{
NodePointer ptr;

for (ptr = myFront; ptr != 0; ptr = ptr->next)
  out << ptr->data << " ";
out << endl;
}
//--- Definition of front()
// Peep the first element of the queue
QueueElement Queue::front() const
{
if (!empty())
  return (myFront->data);
else
{
  cerr << "*** Queue is empty "
   " -- returning garbage ***\n";
  QueueElement * temp = new(QueueElement);
  QueueElement garbage = *temp;     // "Garbage" value
  delete temp;
  return garbage;
}
}
//--- Definition of dequeue()
// simply decrement the queue
void Queue::dequeue()
{
if (!empty())
{
  NodePointer ptr = myFront;
  myFront = myFront->next;
  delete ptr;
  if (myFront == 0)     // queue is now empty
   myBack = 0;
}
else
  cerr << "*** Queue is empty -- can't remove a value ***\n";
}

In: Computer Science

A box with an inertia of 2kg is held on a 1m high table against a...

A box with an inertia of 2kg is held on a 1m high table against a spring with k = 75N which is initially compressed 0.5m. The coefficient of friction between the box and the table is 0.2. The spring is released, and it pushes the box until it reaches its equilibrium length. At this point, the spring is stopped by a stopper and the box continues to slide across the table with only the force of friction acting on it. After losing contact with the spring, the box travels the distance of the rest of the table, another 0.5m, where it then flies off the end of the table and lands on the floor. Assuming no air resistance,

  1. (a) What was the net work done on the box while it was being pushed by the spring?

  2. (b) What was the net work done on the box from the time it left the spring until it reached the edge of the table?

  3. (c) How fast was the box moving when it flew off the table?

  4. (d) How far from the table did the box land?

In: Physics

Construction project requires an intial investment of $900,000, has a nine-year life, and salvage value is...

Construction project requires an intial investment of $900,000, has a nine-year life, and salvage value is Zero. Sales are projected at 75,000 units per year. Price per unit is $47, variable cost per unit is $34, and fixed costs are $825,000 per year. The tax rate is 35%, and discount rate is 15%. Using straight-line depreciation method:
1. Calculate the accounting break-even point in number of units, what is the degree of operating leverage at the accounting break-even point
2. Calculate the OCF, NPV
3. Calculate the financial break-even point in number of units

In: Accounting