1 (5 points) Diane makes one product Diana adopted the dollar-value LIFO inventory method on 12-31-1

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1 (5 points) Diane makes one product Diana adopted the dollar-value LIFO inventory method on 12-31-12 Her ending inventory
at 12-31-12 was $55,000 Additional inventory data follows:
Inventory at
Price index
Cost of goods manufactured
Year
year-end prices
(base year 2012)
during the year
2013
$56,280
1005
$150,000
2014
$54,540
1010
$160,000
2015
$57,798
1014
$155,000
2016
$58,986
1017
$170,000
2017
$55,917
1026
$145,000
2018
$57,680
1030
$155,000
Compute the inventory at December 31, 2013, 2014, 2015, 2016, 2017 and 2018 AND the cost of goods sold for each year assuming
Diane uses the dollar-value LIFO method for each year
2 (25 points) Hartley’s accounting records included the following information:
Inventory, 01-01-13
$96,250
Purchases during 2013 (excluding shipping)
$1,450,180
Purchase returns during 2013
$57,500
Freight-in on 2013 purchases
$33,075
Sales during 2013
$2,467,500
Hartley completed a physical inventory on 12-31-13 and calculated an ending inventory of $106,000, at cost In recent years,
Hartley’s gross profit equaled 75% of Hartley’s cost Hartley suspects some inventory may have been shoplifted Prepare the entry, if
necessary, to reflect the estimated loss from any shoplifted items
3 (25 points) Gage’s accounting records included the following information:
Inventory, 01-01-15
$51,000
Purchases during 2015
$705,000
Sales during 2015
$1,662,000
Sales returns during 2015
$66,480
Gage completed a physical inventory on 12-31-15 and calculated an ending inventory of $80,000, at retail selling price In recent
years, Gage’s gross profit equaled 55% of Gage’s selling price Gage suspects some inventory may have been shoplifted Prepare the
entry, if necessary, to reflect the estimated loss from any shoplifted items
4 (2 points) As of 12-31-15, Zena Company has four different inventory items on hand Data on the four items follows:
Item
Quantity on hand
Unit cost
Expected selling price
Estimated disposal
costs
C3Z22P3
450
$3075
$40
$3
PQ27845
15
$ 950
$10
$2
ZT15577
235
$1700
$29
$0
SF98888
45
$4300
$50
$9
Using the lower-of-cost-or-net realizable value approach applied on an individual-item basis, determine if Zena needs to make an
entry to write her inventory down If so, prepare the entry Zena should make
5 (2 points) As of 12-31-15, Acme Company has three different inventory items on hand Data on the three items follows:
Item
Quantit
Unit cost
Replacement
Normal
Expected
Estimated
y
(Acme uses LIFO)
cost
profit
selling price
disposal costs
on hand
A
57
$450
$625
$800
$1,500
$100
B
42
$200
$300
$230
$400
$25
C
15
$780
$800
$300
$1,000
$250
Using the lower-of-cost-or-market approach applied on an individual-item basis, determine if Acme needs to make an entry to write
her inventory down If so, prepare the entry Acme should make
6 (3 points) Andre paid $1,200,000 to purchase 15,000 chairs The 15,000 chairs consisted of 4 different chair types/styles: 3,500
rockers that Andre expects to sell for $125 each, 5,000 gliders that Andre expects to sell for $200 each, 2,000 straight-back
chairs that Andre expects to sell for $100 each, and 4,500 recliners that Andre expects to sell for $150 Using the relative sales
value method: What is the cost of one individual rocker? Round your answer to the nearest penny What will be Andre’s gross profit amount if he sells 400 straight-back chairs? Round your answer to the nearest
dollar If at the end of the accounting period, Andre has 3,000 recliners on hand, what will Andre report as his recliner ending
inventory? Round your answer to the nearest dollar 1 NOTE – when performing your calculations, make sure that you have allocated 100% of the $1,200,000 to the 4
different chair types I suggest you use an excel spreadsheet (with formulas) to ensure you allocate the ENTIRE
$1,200,000 2

 

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Please see attached paper for information. Posted: 4 years ago Budget: $5

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Please see attached paper for information.

    • Posted: 4 years ago
    • Budget: $5
     

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    Select an FMCG organisation of your choice and give a brief introduction about the organisation…

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    TASK ONE

    Select an FMCG organisation of your choice and give a brief introduction about the

    organisation and three product categories it markets.

    TASK TWO

    Explain the roles, responsibilities and functions of marketing in the context of the selected

    organisation.

    TASK THREE

    With reference to the selected organisation in task one, select one product/brand of your

    choice and carry out a detailed analysis of the marketing mix elements and identify the key

    unique features in its mix.

    TASK FOUR

    Briefly explain the “Consumer Buying Decision Process” with reference to the product you

    have selected.

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    Comparative Examination of Real Estate Valuation The purpose of this assignment is to provide an opp

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    Comparative Examination of Real Estate Valuation

    The purpose of this assignment is to provide an opportunity for you to examine different valuation methods for commercial property and to contrast these with residential valuation.

    Prepare a three- to four-page paper (not including title and reference pages) that addresses the following:

    1. Evaluate two ways in which commercial real estate can be valued. 
    2. Evaluate two ways in which residential real estate can be valued. 
    3. Analyze why valuation methods differ for both commercial and residential real estate. 
      • Posted: 4 years ago
      • Due: 05/03/2016
      • Budget: $15
       

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      Problem 14-s In each of the following independent cases, the company closes its books on December 31

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      Problem 14-s In each of the following independent cases, the company closes its books on December 31 sells $509,000 of 10 % b3/1/18 SHOW LIST OF ACCOUNTS 12% bonds on June 1, 2017. The bonds pay interest on December 1 and June 1. The due date of thePrapare all of the relavant journal entries from the time af sale until the date indicated. Give entries through December 1,10/1/18 (To record interest expense and premium amortization) 10/1/18 Tn recard huy hark of bonds) 12/1/18 12/31/18 6/1/19 12

      Problem 14-s In each of the following independent cases, the company closes its books on December 31 sells $509,000 of 10 % bonds on March 1, 2017. The bonds pay interest on September 1 and March 1. The due date of the bonds is September 2020. The bonds yield 12 % . Headland C Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to O decimal places, e.g. 38,548.) Schedule of Bond Discount Amortization od Heruls Sold to Yield Carrying Amount Lasr DScount ed Date 3/1/17t 9/1/17 3/1/18 9/1/18 3/1/19 9/1/19 3/1/20 9/1/20 R071 If no entry is requirod salact “No Entry” for the s unt titlas and ontor a for the amounte Cradit account titles aro utn d datod uhon aouat is entorl the final answer to 0 decimal places e-g Account Titles and Explanation Debit Credit Date 3/1/17 3/1/18 3/1/18 SHOW LIST OF ACCOUNTS 12% bonds on June 1, 2017. The bonds pay interest on December 1 and June 1. The due date of the bonds June 1, 2021. The bonds yield 10 % . On October 1, 2018, Sage buys back $132,990 warth of bonds for $138,990 (includes accrued Sage Co. sells $403,000 interest) discount on interest dates and at vear-end, (Round answers to 0 decimal places, e.q. 38.548 .) Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium chedule of Bond Discount Amortization Effective-Interest Method Bonds Sold t Yield Carrving Amount of Bonds Cash Interest Discount Amortized Paic Date Expense 6/1/17 12/1/17 6/1/19 12/1/18 6/1/19 12/1/19 6/1/20 12/1/20 6/1/21 Difference due to rounding Prapare all of the relavant journal entries from the time af sale until the date indicated. Give entries through December 1, 2019. (Assume that no reversing entries were made.) (Round present value factor calcula tions to 5 decimal places, e.q. 1.25124 and the final decimal places e.g. 58,971. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) answer to Account Titles and Explanation Debit Credit Date 6/1/17 12/1/17 12/31/17 6/1/16 10/1/18 o record intarest axpense and premium amortization) 10/1/18 To record buy back of bonds) 12/1/18 10/1/18 (To record interest expense and premium amortization) 10/1/18 Tn recard huy hark of bonds) 12/1/18 12/31/18 6/1/19 12/1/19 Click if you would like to Show Work for this question: Open Show Work

       

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      I am looking for the people who is able to help to solve 4.3~4.5

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      I am looking for the people who is able to help to solve 4.3~4.5

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      The probablity that Johnathon’s train is on time is 3/8. The probability that the train is early is

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      The probablity that Johnathon’s train is on time is 3/8. The probability that the train is early is 5/13. What is the probability that the train is late?

       

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      Controlling the position of a ball on a beam is one of the conventional problems of control…

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      Controlling the position of a ball on a beam is one of the conventional problems of control theory. Ball and Beam plant can be used for a wide range of control system design implementations from basic linear controllers to advance nonlinear methods. The ball and beam system consists of a long beam which can be tilted by a servo motor together with the ball rolling back and forth on top of the beam. The aim of this system is to change the position of the ball by operating the servo motor attached to the one corner of the beam. Please consider following tasks and prepare a report that answer all the questions related to the system given in Fig. 1.

      A) Explain the dynamics of the system and how it works? Determine the components of the system needed to run a laboratory experiment. Give detailed explanations and justify your choice of component.

      B) For the Ball and Beam system given in Fig 1. Obtain nonlinear mathematical model and construct its block diagram.

      (Note that the angle of the beam is changed with the linear actuator connected to the beam not a rotational actuator!)

      C) Obtain transfer function for this model (Linearize if needed, Choose the most appropriate values for the variables and indicate them in a table in your report.).

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      In some provinces, the provincial government has partnered up with the federal government to combine

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      In some provinces, the provincial government has partnered up with the federal government to combine both the provincial and federal sales tax into a:

      Select one:

      a. Harmonious Sales Tax (HST)

      b. Harmonized Sales Tax (HST)

      c. Honorary Sales Tax (HST)

      d. Harmony Sales Tax (HST)

       

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