Marvin’s Kitchen Supply delivers restaurant supplies throughout the city. The firm adds 10 percent to the cost of the supplies to cover the delivery cost. The delivery fee is meant to cover the cost of delivery. A consultant has analyzed the delivery service using activity-based costing methods and identified four activities. Data on these activities follow:

Cost Driver volume

Activity Cost Driver Cost Driver Volume

Processing order Number of orders $ 126,000 9,000 orders

Loading truck Number of items 340,000 200,000 items

Delivering merchandise Number of orders 153,000 9,000 orders

Processing invoice Number of invoices 136,000 8,000 invoices

Total overhead $ 755,000

Two of Marvin's customers are City Diner and Le Chien Chaud. Data for orders and deliveries to these two customers follow:

City Diner Le Chien Chaud

Order value $ 89,000 $ 99,000

Number of orders 69 310

Number of items 600 1,900

Number of invoices 13 210

a. What would the delivery charge for each customer be under the current policy of 10 percent of order value? (please show work)

    Delivery charge per customer

City dinner ______

Le Chien Chaud _____

b. Calculate the cost of each activity for both restaurants to determine the total activity-based costing estimate of the cost of delivering to each customer. (Do not round intermediate calculations.) ((Please show work))

  City Diner Lechin Chaud

Processing order    _____ _____

Loading truck _____   _____

Delivery Merchandise _____ ____

Processing invoice ____ ____

Total ____ ______

Question 1:

You are the Inventory Manager. Being in this post, answer the following:

a) Discuss how the Metro-E can contribute with respects to both the POS and the company’s telephone systems.

b) Suggest ONE advantage for the POS and ONE advantage for the phones in the Inventory Department.

c) Request information from TWO other departments that could assist in your investigation. Please specify both the TYPE, and specific CONTENTS of the report you are requesting.

Ethanol is produced commercially by the hydration of ethylene:

C2H4+H2O-->C2H5OH

Some of the product is converted to diethyl ether in side reaction

2C2H5OH-->(C2H5)2O+H2O

The feed to the reactor contains ethylene,steam,and an inert gas. A sample of the reactor effluent gas is analyzed and found to contain 43.3 mole% ethylene, 2.5% ethanol, 0.14% ether, 9.3% inerts, and the balance water.

a. Take as a basis 100 mol of effluent gas, draw and label a flowchart, and do a degree-of-freedom analysis based on atomic species to prove that the system has zero degrees of freedom?

b. Calculate the molar composition of the reactor feed, the percentage conversion of ethylene, the fractional yield of ethanol, and the selectivity of ethnaol production relative to ether production?

Question 1 (6pts)

Auto Clean, a full-service car wash company, is conducting a survey to address the following research objectives:

Objective 1. Assess the customer perceptions and evaluations of Auto Clean’s services.

Objective 2. Assess the effectiveness of Auto Clean’s promotional expenditures.

Objective 3. Identify demographic characteristics of Auto Clean’s customers.

Objective 4. Identify other relevant characteristics of Auto Clean’s customers.

This is the questionnaire they used for this research:

---------------------------------------------------------------------------------------------------------------------

To help us serve you better, please take a few minutes to fill out this short questionnaire. Thank you for your help.

1. How often do you usually have your car washed?

__ Less than once a month

__ Once a month

__ Two times a month

__ Three times a month

__ Four or more times a month

2. How often do you usually have your car waxed?

__ Less than once a month

__ Once a month

__ Two times a month

__ Three times a month

__ Four or more times a month

3. How often do you usually wash and/or wax your car by yourself?

__ Less than once a month

__ Once a month

__ Two times a month

__ Three times a month

__ Four or more times a month

4. How long has it been since you last brought your car to Auto Clean?

__ Less than a week

__ One to less than two weeks

__ Two to less than three weeks

__ Three to less than four weeks

__ Four weeks or more

5. How far from Auto Clean do you live?

__ Less than a km

__ One to less than three kms

__ Three to less than five kms

__ Five kms or more

6. In the past three months, have you used any car wash other than Auto Clean?

__ Yes                    __ No

7. How long are you willing to wait to have your car professionally washed/waxed? ________min
8. Indicate the extent to which you agree or disagree with the following statements about Auto Clean. For each statement, circle “1” if you strongly disagree and “7” if you strongly agree, or another appropriate number in between if your feeling are less strong.

9. What is your age? _______
10. What is your income? ___________$
11. What social network platforms do you use the most? ___________________________

Thank you very much!

Read the questionnaire above and answer the following questions:

1. Which questions in the questionnaire address each of Auto Clean’s research objectives (1 pts)? Indicate your answers in the table below.

2. Which question(s) in the questionnaire do(es) not address fully or do(es) in an appropriate way a specific research objective? For each of these questions, explain why and how you propose to solve this problem. (2 pts).

Indicate your answers in the table below.

3. Identify all other problems related to Auto Clean’s questionnaire’s design. Propose ways to solve each problem. For example, when the problem relates to a specific question wording, please propose a revised question. (3 pts).

Indicate your answers in the table below (add as many rows as necessary).

The TropicalFlowers Company is evaluating an asset that may increase sales by $120,000 every year for 4 years. There is no expected change in net operating working capital. The company's cost of capital is 6%. The proposed asset costs $400,000, will require $20,000 to modify for operations, and falls in the 3-year class MACRS for depreciation rates: .33, .45, .15, and .07 for years 1 through 4, respectively. At the end of the 4 years, it is expected that the asset may sell for $30,000. The company's tax rate is 21%. SHOW ALL WORK FOR FULL CREDIT.

a) What is the initial outlay for this project?

b) What are the operating cash flows in Years 1 through 4?

c) As part of the terminal cash flow in Year 4, what is the after-tax salvage value of the asset?

d) What is the net present value of this proposed asset investment? Should it be accepted or rejected?

In readings and lectures from Ch. 5 & 7 we discussed leadership theories and key methods and factors in decision making. Choose two of today’s leaders and compare and contrast their two different and unique leadership styles. Be sure to discuss the theories of each style as well as the utility and limitations of how these influence people and the way decisions are made.

Where in your own experience do you see these approaches to leadership utilized? To what extent do you see these two theories as being appropriate/not appropriate for your own leadership philosophy? Why or why not?

Answer this in 250 words or more

How could you use different research methods to complement each other when studying a particular process in the brain?

Pick one approach and explain why you chose it:

• Utilitarianism works best as our ethical theory.
• Kant works best as our ethical theory.
• Pluralism is the best approach since it allows us to use both theories.

Create a MIPS program that will "hard code an integer" (meaning declared in .data) and read in another integer, multiply them together, and print out the results.

Whitson Co. is looking for ways to shorten its cash conversion cycle. It has annual sales of $45,625,000, or $125,000 a day on a 365-day basis. The firm's cost of goods sold is 60% of sales. On average, the company has $7,500,000 in inventory, $5,750,000 in accounts receivable, and $2,750,000 in accounts payable. Its CFO has proposed new policies that would result in a 25% reduction in both average inventories and accounts receivable, and a 10% increase in average accounts payable. She also anticipates that these policies would reduce sales by 5%. What effect would these policies have on the company's cash conversion cycle?

Please Show Work

You are trying to decide on the best mode of transportation for your company. You want to balance the cost of faster transportation with holding more inventory. This is because the amount of inventory you must hold is a function of lead time.

It costs $15 per unit per year to hold a product in inventory. The forecasted demand for this product is 10,000 units per year. The total amount of inventory is made up of two types of inventory: safety stock and in-transit. Calculations for determining the average amount of inventory for each type are given below.

Safety Stock Cost = 2 x Average Demand during Lead Time * Holding Cost per Unit per Year

In-Transit Inventory Cost = Total Annual Demand x (Lead Time / 365) * Holding Cost per Unit per Year

Total Cost = Safety Stock Cost + In-Transit Inventory Cost + Transportation Cost

The following is data related to your transportation options.

1. Build a spreadsheet model that calculates the total cost of transportation for Air, Truck, and Rail transportation. Based on your total cost calculations, what mode of transportation would you recommend? What is the total cost of your recommendation?

2. How much would the cost per unit of the other two modes have to change in order to make you change your recommendation?

3. What would the lead time of Rail have to change to in order to make it the best option?

4. Use a one-way data table to show how the total cost of Air transportation changes as demand varies between 2,000 to 20,000 units. For what demand levels is it better to recommend Air transportation over your recommendation to Problem #1?

5. Create a two-way data table showing the total costs at varying levels of transportation cost per unit and lead time for Truck transportation. What does this tell you?
   

6. How does changing the holding cost affect your recommendation to Problem #1?

7. You run a regression and find that your demand actually appears to be related to lead time according to the following equation:

Demand = 10,700 – 100*Lead Time

Assume that you sell this item for $45. Calculate Total Profit for each of the modes of transportation. Does this affect your recommendation to Problem #1? How sensitive is this decision?

Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown below. The required rate of return on projects of both of their risk class is 9 percent, and that the maximum allowable payback and discounted payback statistic for the projects are 2 and 3 years, respectively.

Use the discounted payback decision rule to evaluate these projects; which one(s) should it be accepted or rejected?

• accept both A and B

• accept A, reject B

• accept neither A nor B

• reject A, accept B