A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the basic model (Model B). The resource consumption patterns are shown as follows: Model A Model B Costs of Value- Stream Activities Cell manufacturing 2,360 min. 7,080 min. $ 94,400 Engineering 65 hrs. 221 hrs. 24,596 Testing 105 hrs. 273 hrs. 26,838 Total $ 145,834
Required:
1. Calculate the ABC product cost for Models A and B. If required, round your answers to the nearest cent.
Product Cost Per Unit
Model A $ per unit
Model B $ per unit
2a. Calculate the value-stream average product
cost. If required, round your answer to the nearest cent.
$ per unit
In: Accounting
Please list and explain minimum 3 techniques used for gene expression analysis on mRNA level??
In: Biology
In: Physics
A ball is projected at an angle of 60 degrees above horizontal from a 3m above the ground. Find the maximum height that that ball went, total time of flight and the range. speed is 28m/s
In: Physics
10B When you need to produce a variety of diluted solutions of a solute, you can dilute a series of stock solutions. A stock solution has a significantly higher concentration of the given solute (typically 101 to 104 times higher than those of the diluted solutions). The high concentration allows many diluted solutions to be prepared using minimal amounts of the stock solution.
What volume of a 6.31 M stock solution do you need to prepare 100. mL of a 0.2227 M solution of HNO3?
Express the volume to three significant figures with the appropriate units.
10C The absorbance of a cationic iron(II) sample solution was measured in a spectrophotometer, but the instrument returned an error because the absorbance was too high. The sample was then diluted by using a pipette to take 100.0 μL of the sample and injecting it into a cuvette already containing 2.00 mL of water (total volume is 2.00 mL + 100.0 μL). The absorbance value of the diluted solution corresponded to a concentration of 5.92×10−6 M . What was the concentration of the original solution?
Express the concentration to three significant figures with the appropriate units.
11A The absorbance of a cationic iron(II) sample solution was measured in a spectrophotometer, but the instrument returned an error because the absorbance was too high. The sample was then diluted by using a pipette to take 100.0 μL of the sample and injecting it into a cuvette already containing 2.00 mL of water (total volume is 2.00 mL + 100.0 μL). The absorbance value of the diluted solution corresponded to a concentration of 5.92×10−6 M . What was the concentration of the original solution?
Express the concentration to three significant figures with the appropriate units.
11B A 429-mL sample of unknown HCl solution reacts completely with Na2CO3 to form 18.1 g CO2. What was the concentration of the HCl solution?
In: Chemistry
|
“We really need to get this new material-handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities, but if necessary we can get a short-term loan down at MetroBank.” This statement by Beth Davies-Lowry, president of Global Electronics Company, concluded a meeting she had called with the firm’s top management. Global is a small, rapidly growing wholesaler of consumer electronic products. The firm’s main product lines are small kitchen appliances and power tools. Marcia Wilcox, Global Electronics’ general manager of marketing, has recently completed a sales forecast. She believes the company’s sales during the first quarter of 20x1 will increase by 10 percent each month over the previous month’s sales. Then Wilcox expects sales to remain constant for several months. Global’s projected balance sheet as of December 31, 20x0 is as follows: |
| Cash | $ | 50,000 | |
| Accounts receivable | 324,000 | ||
| Marketable securities | 15,000 | ||
| Inventory | 198,000 | ||
| Buildings and equipment (net of accumulated depreciation) | 633,000 | ||
| Total assets | $ | 1,220,000 | |
| Accounts payable | $ | 283,500 | |
| Bond interest payable | 12,500 | ||
| Property taxes payable | 6,000 | ||
| Bonds payable (10%; due in 20x6) | 300,000 | ||
| Common stock | 500,000 | ||
| Retained earnings | 118,000 | ||
| Total liabilities and stockholders’ equity | $ | 1,220,000 | |
| Jack Hanson, the assistant controller, is now preparing a monthly budget for the first quarter of 20x1. In the process, the following information has been accumulated: |
| 1. |
Projected sales for December of 20x0 are $450,000. Credit sales typically are 80 percent of total sales. Global’s credit experience indicates that 10 percent of the credit sales are collected during the month of sale, and the remainder are collected during the following month. |
| 2. |
Global Electronics’ cost of goods sold generally runs at 80 percent of sales. Inventory is purchased on account, and 25 percent of each month’s purchases are paid during the month of purchase. The remainder is paid during the following month. In order to have adequate stocks of inventory on hand, the firm attempts to have inventory at the end of each month equal to half of the next month’s projected cost of goods sold. |
| 3. | Hanson has estimated that Global’s other monthly expenses will be as follows: |
| Sales Salaries | 10,000 | |
| Advertising & Promotion | 5,000 | |
| Administrative Salaries | 10,000 | |
| Depreciation | 30,000 | |
| Interest on bonds | 2,500 | |
| Property taxes | 1,500 | |
| In addition, sales commissions run at the rate of 1 percent of sales. |
| 4. |
Global Electronics’ president, Davies-Lowry, has indicated that the firm should invest $125,000 in an automated inventory-handling system to control the movement of inventory in the firm’s warehouse just after the new year begins. These equipment purchases will be financed primarily from the firm’s cash and marketable securities. However, Davies-Lowry believes that the company needs to keep a minimum cash balance of $25,000. If necessary, the remainder of the equipment purchases will be financed using short-term credit from a local bank. The minimum period for such a loan is three months. Hanson believes short-term interest rates will be 10 percent per year at the time of the equipment purchases. If a loan is necessary, Davies-Lowry has decided it should be paid off by the end of the first quarter if possible. |
| 5. |
Global Electronics’ board of directors has indicated an intention to declare and pay dividends of $50,000 on the last day of each quarter. |
| 6. |
The interest on any short-term borrowing will be paid when the loan is repaid. Interest on Global Electronics’ bonds is paid semiannually on January 31 and July 31 for the preceding six-month period. |
| 7. | Property taxes are paid semiannually on February 28 and August 31 for the preceding six-month period. |
| Required: | |
|
Prepare Global Electronics Company’s master budget for the first quarter of 20x1 by completing the following schedules and statements. |
| 5. | Complete the first three lines of the summary cash budget. Then do the analysis of short-term financing needs in requirement (6). Then finish requirement (5). |
| 6. |
Calculation of required short-term borrowing. |
| 7. |
Prepare Global Electronics’ budgeted income statement for the first quarter of 20x1. (Ignore income taxes.) |
| 8. | Prepare Global Electronics’ budgeted statement of retained earnings for the first quarter of 20x1. |
| 9. |
Prepare Global Electronics’ budgeted balance sheet as of March 31, 20x1. (Hint: On March 31, 20x1, Bond Interest Payable is $5,000 and Property Taxes Payable is $1,500.) |
In: Accounting
In: Economics
Choose two business or political leaders, one who has used the Mirror and Window correctly in dealing with the COVID-19 crisis and one who has used them incorrectly and justify your answers.
In: Operations Management
Balance the following electrochemical reaction in an acidic solution:
CrO4^- +S^2- > Cr^3 +(SO4)^2-
In: Chemistry
Explain or define the following terms:
a) molar absorptivity
b) path length
c) ligand
In: Chemistry
Ammonia gas, NH3 (g) can be synthesized via the reaction:
2 NO (g) + 5 H2 (g) -> 2 NH3 (g) + 2 H2O (g)
Suppose you start with a 45.8 g of NO and 12.4 g of H2. Determine the limiting reactant and give the theoretical yield of ammonia, in grams. The molar mass of NO is 30.01 g/mol, and the molar mass of H2 is 2.02 g/mol.
In: Chemistry
the causes and consequences of that hyperinflation, and then state whether you think what occurred in Germany then could ever happen in the U.S. Support your point of view with cited, credible evidence and carefully considered arguments.
In: Economics
3. You would like to retire at the end of 40 years with an annual pension of $1 million per year for 30 years.
a) How much would you have to deposit every year for the next 40 years to meet your goal? Assume you invest in the stock market at an average return of 12 percent per year (for the entire 70 years).
b) Suppose your annual deposits calculated in part (a) actually earned only 6 percent per year for 40 years, how much would you be able to withdraw every year for 30 years following retirement? Assume the 6 percent return is earned over the entire 70 years.
In: Finance
should companies report cybersecurity incidents or not? Is any policy needed around cybersecurity? Why?
In: Economics
Bixby Carpet Manufacturing Inc. uses a process costing system
and calculates per-unit costs using the weighted average method.
The following data relates to the first production department (the
Weaving Department) of its Rayon carpet brand for the month of
November.
Beginning Work in Process Inventory: 600 units, 40% complete Ending
Work in Process Inventory: 800 units, 50% complete Units started:
10,400 units
All direct materials are added at the beginning of the process, and
conversion costs are assumed to be incurred uniformly throughout.
The cost of direct materials in beginning Work in Process Inventory
was $42,000, and conversion costs in beginning Work in Process were
$10,600.
During the month, $220,000 of direct materials were added to
production. Direct labor for the period was $46,000 and
manufacturing overhead was $17,600. Over the course of the month,
5,100 units were completed and transferred out of the Weaving
Department to the Finishing Department.
The total conversion costs assigned to the units transferred out
is
In: Accounting