Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead costs to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to estimate that it would incur $4,320,000 in manufacturing overhead cost at an activity level of 576,000 machine-hours.
The company spent the entire month of January working on a large order for 12,300 custom made machined parts. The company had no work in process at the beginning of January. Cost data relating to January follow:
a. Raw materials purchased on account, $311,000.
b. Raw materials requisitioned for production, $263,000 (80% direct
and 20% indirect).
c. Labor cost incurred in the factory, $159,000, (one-third direct
labor and two-thirds indirect labor)
d. Depreciation recorded on factory equipment, $63,200.
e. Other manufacturing overhead costs incurred, $84,600 (credit
Accounts Payable).
f. Manufacturing overhead cost was applied to production on the
basis of 40,780 machine-hours actually worked during the month.
g. The completed job for 12,300 custom made machine parts was moved into the finished goods warehouse on January 31 to await delivery to the customer. (In computing the dollar amount for this entry, remember that the cost of a completed job consist of direct materials, direct labor, and applied overhead)
Required:
1. Prepare Journal entries to record items (a) through (f) above [ignore item (g) for the moment].
2.Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant items for your journal entries to these T-accounts.
3. Prepare a journal entry for the item (g) above.
4. If 10,200 of the custom made machine parts are shipped to the customer by February, how much of the job's cost will be included in the cost of good sold for February?
In: Accounting
Article can be selected from any periodical.It is very important to follow the format provided by the instructor.The article selected must be about a Sales/Business Topic.The article cannot be over 180 days old from the date of the brief.The brief must be typed, only one page, please provide the URL under the name of the publication in heading 3).You are to use Times New Roman and 12 font.The brief is to be one full page in length and single spaced.The purpose of the executive brief assignment is to have students read about a sales management topic, and then develop a brief about the information gained from the article.It is not an exercise in one's ability to copy, but rather one's ability to read about a subject, then put the information into one's own words in the form of an executive brief. Please paste URL of article.
In: Economics
UBetcha Corporation acquired 30 percent of the voting stock of Trunks Corporation on January 2, 2019, for $1.6 million in cash. Trunks’ balance sheet and estimated fair values of its assets and liabilities on January 2, 2019 are as follows (in thousands).
|
Trunks Corporation |
||
|
Balance Sheet |
||
|
January 2, 2019 |
||
|
Book Value |
Fair Value |
|
|
Assets |
||
|
Cash and receivables |
300 |
300 |
|
Inventory |
600 |
350 |
|
Investments |
250 |
250 |
|
Land |
400 |
1,000 |
|
Property and equipment |
2,000 |
350 |
|
Accumulated depreciation |
(750) |
|
|
TOTAL ASSETS |
2,800 |
2,250 |
|
Liabilities and Equity |
||
|
Current liabilities |
450 |
450 |
|
Long-term liabilities |
1,500 |
1,500 |
|
Common stock, $2.00 par |
300 |
|
|
Additional paid-in capital |
450 |
|
|
Retained earnings |
400 |
|
|
Accumulated other comprehensive income |
(300) |
|
|
TOTAL LIABILITIES AND EQUITY |
2,800 |
1,950 |
In addition to its reported assets, Trunks has unreported franchise agreements (5‑year life) valued at $500,000. Its property and equipment has a 20‑year average remaining life. Trunks reported income of $750,000 and paid no dividends in 2019. Please note that Trunks uses the FIFO inventory method.
Required
In: Accounting
Transformation from α-Sn to β-Sn and from β-Sn to α-Sn is exactly the same in terms of the kinetics of the phase transformations.
In: Mechanical Engineering
consider the code;
typedef struct {
int size;
int *nums;
}Data;
Complete the function below that creates and returns a new data type that contains a nums array with size randomly chosen integers. Ensure proper error checking.
Data *getRandomData(int size) {
//PUT CODE HERE
//Create random ints
for(int i=0; i<size; i++)
d->nums[1] = (int)(rand()/(float)RAND_MAX*100);
return d;
In: Computer Science
Describe 5 different types of data distributions. You may include jpegs or bitmaps. Provide 2 example of a variable that is representative for each distribution. You may not use the standard normal. t-distribution, F-distribution, Chi-Square distribution, Binomial distribution, or uniform distribution. These distributions are all covered in the course.
In: Math
Step 1
Picture yourself as a Senior Product Manager in your favorite industry.
Step 2
Create a post describing your new product idea.
In: Operations Management
A new animal food, which a company has just developed, consists of two elements. Each pound of element H cost $1 and contains 8 units of carbohydrates, 4 units of proteins and 2 units of fats. Each pound of element I cost $0.80 and contain 3 units of carbohydrates, 5 units of proteins and 6 units of fats. There is no weight specification, but each bag of the food must contain at least 24 units of carbohydrates, 20 units of protein and 12 units of fat. For each element, determine the number of pounds per bag that will yield the most economical mix. What will be the cost of this amount per bag?
In: Other
Acidic solution
In acidic solution, the sulfate ion can be used to react with a number of metal ions. One such reaction is
SO42−(aq)+Sn2+(aq)→H2SO3(aq)+Sn4+(aq)SO42−(aq)+Sn2+(aq)→H2SO3(aq)+Sn4+(aq)
Since this reaction takes place in acidic solution, H2O(l)H2O(l) and H+(aq)H+(aq) will be involved in the reaction. Places for these species are indicated by the blanks in the following restatement of the equation:
SO42−(aq)+Sn2+(aq)+ –––→H2SO3(aq)+Sn4+(aq)+ –––
Question A
What are the coefficients of the reactants and products in the balanced equation above? Remember to include H2O(l)H2O(l) and H+(aq)H+(aq) in the appropriate blanks. Your answer should have six terms.
Enter the equation coefficients in order separated by commas (e.g., 2,2,1,4,4,3). Include coefficients of 1, as required, for grading purposes.
B part
Potassium permanganate, KMnO4KMnO4, is a powerful oxidizing agent. The products of a given redox reaction with the permanganate ion depend on the reaction conditions used. In basic solution, the following equation represents the reaction of this ion with a solution containing sodium fluoride:
MnO4−(aq)+F−(aq)→MnO2(s)+F2(aq)MnO4−(aq)+F−(aq)→MnO2(s)+F2(aq)
Since this reaction takes place in basic solution, H2O(l)H2O(l) and OH−(aq)OH−(aq) will be shown in the reaction. Places for these species are indicated by the blanks in the following restatement of the equation:
MnO4−(aq)+F−(aq)+ –––→MnO2(s)+F2(aq)+ –––
question 2
What are the coefficients of the reactants and products in the balanced equation above? Remember to include H2O(l)H2O(l) and OH−(aq)OH−(aq) in the blanks where appropriate. Your answer should have six terms.
Enter the equation coefficients in order separated by commas (e.g., 2,2,1,4,4,3). Include coefficients of 1, as required, for grading purposes.
In: Chemistry
I need pesodocode of this code.
void claimProcess()
{
int id;
bool found = false;
system("cls");
printf("Enter patient ID for which you want to claim insurrence:
");
scanf("%d", & id);
int i;
for (i = 0; i < patientCount; i++)
{
if (patients[i].id == id)
{
found = true;
break;
}
}
if (found == false)
{
printf("subscriber not found\n");
return;
}
int numOfDaysHospitalized, suppliesCost, surgicalFee,
otherCharges;
bool ICU;
printf("How many days were you haspitalized: ");
scanf("%d", & numOfDaysHospitalized);
int ICUFlag;
do {
printf("Select A Ward Type\n1-Normal Ward 2-ICU: ");
scanf("%d", & ICUFlag);
} while (ICUFlag < 1 || ICUFlag > 2);
if (ICUFlag == 2)
ICU = true;
else
ICU = false;
printf("Enter Cost of Supplies and Services: ");
scanf("%d", & suppliesCost);
printf("Enter Surgical Fees: ");
scanf("%d", & surgicalFee);
printf("Enter Other Charges: ");
scanf("%d", & otherCharges);
int ICUCharges = 0;
if (ICU == true)
{
if (patients[i].plan == 1)
ICUCharges = numOfDaysHospitalized * 120;
else if (patients[i].plan == 2)
ICUCharges = numOfDaysHospitalized * 150;
else
ICUCharges = numOfDaysHospitalized * 200;
} else
{
if (patients[i].plan == 1)
ICUCharges = numOfDaysHospitalized * 250;
else if (patients[i].plan == 2)
ICUCharges = numOfDaysHospitalized * 400;
else
ICUCharges = numOfDaysHospitalized * 700;
}
int totalClaimAmount = numOfDaysHospitalized + suppliesCost +
surgicalFee + otherCharges + ICUCharges;
if (patients[i].annualClaim == true)
{
if (patients[i].age > 60)
{
printf("The subscriber age has exceeded the limit(60 Year), Not
Eligible");
return;
}
}
int j;
for (j = 0; j < patientCount; j++)
{
if (claims[j].id == patients[i].id)
break;
}
int amountToBeBorne = 0;
if (totalClaimAmount <= claims[j].remaininigAmount)
{
claims[j].amountClaimed += totalClaimAmount;
claims[j].remaininigAmount -= totalClaimAmount;
} else
{
amountToBeBorne = totalClaimAmount -
claims[j].remaininigAmount;
claims[j].amountClaimed += (totalClaimAmount -
amountToBeBorne);
claims[j].remaininigAmount = 0;
printf("\n\nThe amount that can be claimed is less then the claim
by subscriber. %d RM should be given by subscriber themselves\n",
amountToBeBorne);
}
FILE * fp;
fp = fopen("claims.txt", "w");
for (int i = 0; i < patientCount; i++)
fprintf(fp, "%d,%d,%d,%d\n", claims[i].id, claims[i].claimedYear,
claims[i].amountClaimed, claims[i].remaininigAmount);
fclose(fp);
printf("Subscriber ID: %d\nSubscriber Name: %s\nSubscriber Claimed
Year: %d\nSubscriber amount Claimed: %d\nSubscriber Remaining
Claimed: %d\n", claims[j].id, patients[i].name,
claims[j].claimedYear, claims[j].amountClaimed,
claims[j].remaininigAmount);
system("pause");
}
In: Computer Science
Can you think of a time you faced an important opportunity or challenge with a fixed mindset? What were your thoughts and worries—about your abilities? about other people’s judgments? about the possibility of failure? Describe them vividly. OR Is there someone in your life (a boss, mate, friend, child) with a fixed mindset—someone who won’t take risks, who can’t admit mistakes, who falls apart or gets defensive after setbacks? Do you understand that person better now? 220 240 word discussion no plagiarism
In: Psychology
The Supermarket Store is about to place an order for Halloween candy. One best-selling brand of candy can be purchased at $2.40 per box and usually is sold for $6 per box before and up to Halloween. After Halloween, all the remaining candy can be marked down and sold for $1.00 per box. Assume that the loss in goodwill “cost” stemming from customers whose demand is not satisfied is $0.30. Demand for the candy at the regular price is a random variable with the following discrete probability distribution:
|
Demand (boxes) |
Probability |
|
80 |
0.05 |
|
90 |
0.45 |
|
100 |
0.10 |
|
110 |
0.25 |
|
120 |
0.15 |
i. Eliminate the possibility of have any leftover candy at the end of the selling season by ordering 80 boxes;
ii. Eliminate the possibility of not losing any sales through inadequate stock by ordering 120 boxes.
^For each of the above options, you are required to estimate the expected (end-of-season) profits for the supermarket store.
b. If the store manager’s objective is to obtain the maximum end-of-season expected profit for the store, what would be:
• the optimal order quantity (Q*); and
• the corresponding expected profit?
**Please show work
In: Operations Management
Write a python program that will ask the user to enter any number of days. The program reads the number of days from the user, and returns how many years, months, and days are there in the given number of days.
Your program should prompt the user to:
Enter the number of days : 1152
The user types number of days (1152 above, for example) and hit
enter key.
The program then will print:
3 years
1 months
27 days
Another example of the program input and output:
Enter the number of days : 300000
821 years
11 months
5 days
Notice the indentation of the output
Marking rubrics of Question 1:
1 mark for reading an input.
1 mark for finding number of years
1 mark for finding number of months
1 mark for finding number of days
1 mark for coding style
Full 1 mark for each correct answer, and ½ mark for partially correct answer.
please pay attention to output format
In: Computer Science
Using the compensating wage/safety model, illustrate why the impact of safety regulation might affecf differently three firms with different safety provision capabilities.
In: Economics
During the term, you will be asked to prepare a sales proposal plan. A detailed explanation of how to complete the project will be provided in Blackboard. Students are encouraged to draw upon their own organizations products and services to develop a sales presentation proposal. Your choice of product / service must be submitted to the instructor on or before the April 3rd class night for approval. On the last night of class, each student will present their written sales proposal to the class using a brief PowerPoint presentation.
The written sales proposal plan should contain the information as described in the attachment in order to make the needed presentation to a potential buyer / customer using the SELL sequence. Charts, graphs, financial data (demonstration proof), collateral materials (catalogues) and promotional materials can and should be included in your presentation (PowerPoint). Here is your chance to participate in a real world selling experience. This is not a game but a chance to see if you’ve got what it takes to be innovative, organized, research savvy, creative and implement classic selling strategies.
It is PowerPoint presentation based on selling LIC policy to customer, thank you
(In this just prepare PowerPoint presentation based on selling LIC policy based on questions asked above)
In: Operations Management