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    Sell or Process Further

    Please see attached document. Solex Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $100,000 per year. The company allocates these costs to the joint products on the basis of their total sales value of the split-off point. These sa

    Common Stock : Dividend Revenue

    Zwick Company bought 28,000 shares of the voting common stock of Handy Corporation in January 2006. In December, Hardy announced $200,000 net income for 2006 and declared and paid a cash dividend of $2 per share on the 200,000 shares of outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December

    Hobson Company bought the securities listed below during 2005. These securities were classified as trading securities. On its December 31, 2005, income statement Hobson reported a net unrealized loss of $13,000 on these securities.

    Hobson Company bought the securities listed below during 2005. These securities were classified as trading securities. On its December 31, 2005, income statement Hobson reported a net unrealized loss of $13,000 on these securities. Pertinent data at the end of December 2006 are as follows: Security Cost Fair Va

    Equity Securities : Expressing Losses

    Boulter, Inc. began business on January 1, 2006. At the end of December 2006, Boulter had the following investments in equity securities: Trading Available for Sale Cost 60,000 110,000 Market Value 54,000 107,500 All declines

    Standard Cost System

    Please see attached file. Mosbach Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Variable overhead cost per direct labor-hour $3.50 Total fixed overhead

    Computing ABC Product Costs

    Please see attached document. Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor-Hours Annual Per Unit Production Rims...... 0.40 20,000 units Posts...... 0.20 80,000 units Additional information about the company follows: a) R

    First Stage Allocation & Computing and Interpreting Activity Rates

    Please see attached document for problem. The operations vice president of First Bank of Eagle, Kristin Wu, has been interested in investigating the efficiency of the bank's operations. She has been especially concerned about the costs of handling routine transactions at the bank and would like to compare these costs at the

    Selling and Administrative Expense Budget: Hearve Company

    The budgeted unit sales of Hearve Company for the upcoming fiscal year are provided below: 1st QTR 2nd QTR 3rd QTR 4th QTR Budgeted unit sales: 12,000 14,000 11,000 10,000 The company's variable selling and administrative expenses per unit are $2.75. Fixed selling and admi

    Manufacturing Overhead Budget

    The direct labor budget of Krispin Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours. 1st QTR 2nd QTR 3rd QTR 4th QTR Budgeted direct labor-hours: 5,000 4,800 5,200 5.400 The company's variable manufa

    Direct Labor Budget

    The Production Department of the Riverside Plant of Junnen Corporation has submitted the following forecast of units to be produced at the plant for each quarter of the upcoming fiscal year. The plant produces high-end outdoor barbecue grills. 1st QTR 2nd QTR 3rd QTR 4th QTR Units to be produced

    Direct Materials Budget

    Micro Products, Inc., has developed a very powerful electronic calculator. Each calculator requires three small "chips" that cost $2 each and are purchased from an overseas supplier. Micro Products has prepared a production budget for the calculator by quarters for Year 2 and for the first quarter of Year 3. as shown below:

    Shared work neighbors

    Andrew can paint the neighbor's house 2 times as fast as Bailey. The year Andrew and Bailey worked together, it took them 7 days. How long would it take each to paint the house? the solution is It would take Andrew __ days. It would take Bailey __ days. simplify the answer

    Shared work

    Lisa, an experienced shipping clerk can fill a certain order in 4 hours. Felipe a new clerk needs 7 hours to do the same job. Working together, how long will it take them to fill the order? The solution is __ hours Simplify the answer.

    Forming a constraint

    5. The production manager for the Whoppy soft drink company is considering the production of 2 kinds of soft drinks: regular and diet. The company operates one "8 hour" shift per day. Therefore, the production time is 480 minutes per day. During the production process, one of the main ingredients, syrup is limited to maximum pr

    Case Problem 2 River City Fire Department - Staffing - probability distribution

    The staff for each unit, the additional firefighters to cover daily absents, the probability of overtime work and with 3 a unit organization, how many firefighters for each unit and the total number of full time firefighters for the department. This is a case problem from my Applied Decision Methods course taken from Chapter 10

    Tootsie Rolls & Pre-employment Drug Tests

    Please complete the following and note that methods of computation could include the usage of Excel. 1. A random sample of 10 miniature Tootsie Rolls was taken from a bag. Each piece was weighed on a very accurate scale. The results in grams were 3.087 3.131 3.241 3.241 3.270 3.353 3.400 3.411

    The Phoenix Corporation

    The Phoenix Corporation has the following financial statistics: · expected EBIT next year without new financing $10 million · expected interest payment next year $ 1.0 million · company tax rate

    A certain airplane has two independent alternators to provide electrical power.The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that (a) both will f

    Prepare answers to the following assignments from the e-text, Applied Statistics in Business and Economics, by Doane and Seward: Chapter 5 - Chapter Exercises 5.62 and 5.70 Note: Methods of computation could include the usage of Excel® or by hand computation. Your work should include your calculation steps, calculat

    Sinking fund

    9.) A school board issues bonds in the amount of $15,000,000 to be retired in 20 years. How much must be paid into a sinking fund each year at 4% compounded annually to pay off the total amount due?

    Calculation of the Rate of Issuing New Bonds

    Rollincoast Incorporated issued BBB bonds two years ago that provided a yield to maturity of 11.5%. Long-term risk-free government bonds were yielding 8.7% at that time. The current-risk premium on BBB bonds versus government bonds is half of what it was two years ago. If the risk-free long-term government bonds are currently yi

    Bond Valuation

    You wish to purchase a 20-year, $1,000 face balue bond that makes semiannual interest payments of $40. If you require a 10% nominal yield to maturity, what price should you be willing to pay for the bond?

    Bond Valuation

    Which of the following bonds have the greatest percentage increase in value if all interest rates decrease by 1%? 20-year, zero coupon bond, 10-year, zero coupon bond, 20-year, 10% coupon bond, 20-year, 5% coupon bond, or 1-year, 10% coupon bond.

    Determining the Bond Valuation

    Question: Leggio Corporation issued 20-year, 7% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds has dropped to 6%. What is the new price of the bonds, given that they now have 19 years to maturity?

    Operation Management: Economic Order Quantity and Delay During Lead Time

    Please see the attached file for the fully formatted problems. Problem #1- This is a production type EOQ problem, where the units produced each day go directly to inventory. Most production problems are treated as gradual delivery problems. Note that the carrying cost is 30% of the cost of making an individual DVD (.30 x 2.

    Cost Management

    A company has two major businesses that it operates. One business manufactures and sells unicycles for commercial use in circuses, etc. (total sales of $150M), and the other sells bicycles to the public (total sales of $20M). The unicycle business occupies 75,000 square feet of the manufacturing warehouse and the bicycle busines

    Business Math : Rent Problem

    Complete the following exercise in your groups: Kim and Dan Bergholt are both government workers. They are considering purchasing a home in the Washington D.C. area for about $280,000. They estimate monthly expenses for utilities at $220, maintenance at $100, property taxes at $380, and home insurance payments at $50. Their o

    Circumstances that Statistical Sampling is Useful

    1.) Generally, under what circumstances is statistical sampling useful? Describe a situation, preferably related to your work, where statistical sampling might be useful and in general terms how you would do it. 2.) Discuss what you consider to be the relevant aspects of describing data. Explain and tell why.

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