A country has been in existence for only two years.

Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test

dem82 [27]

Answer:

Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test scores are determined by positions. For example, the test scores for Cindy are 67, 92, 67, 43, 78. Drop the lowest of the five test scores for each student and average the rest and determine the letter grade for that student. Make sure your printout is the same as mine with the same column widths

lowest of the five scores is 43

dropping the lowest, the we have= 67, 92, 67 and 78

Average the rest= 67+92+67+78/4

Average= 76

The grade is A irrespective of the grading point used

Explanation:

3 0

3 years ago

"___________________ are key to completing a full risk management plan, since the tolerances will determine which hazards may be

Margaret [11]

Answer:

Stakeholder's Tolerance Level.

Explanation:

Stakeholders' tolerance levels are key to completing a full risk management plan. This is because the tolerances are critical to determining which hazards need to be accepted and the ones to be limited. Basically, a stakeholder risk tolerance seeks to determine, assess and gauge the general level of risk an entity is willing to undertake and/or accept.

When an organization intends to do a project, for instance, varying reports including feasibility reports need to be come up with to assess the realization objective of the project. While coming up with this, an organization must assess its tolerance levels as to factors that may hinder the realization of the underlying goal.

There are often two categories of tolerance level. A high tolerance, and a low tolerance. A high tolerance in this instance would be more opened to factors that might put the project into high risk tendency. Whereas, the opposite is the low tolerance, as this is not opened to high risk tendency. However, to arrive at this, an organization will need to come up with a comprehensive management plan, detailing the risk levels, appetite and how aversive they could be in undergoing a given concern. Tolerance levels should be evaluated at critical decision making juncture. From the input, quality, performance, in process, and other essential line items. Tolerance level is set across all functions. This will thus form a general guide an organization intends to pursue.

4 0

3 years ago

Which statements about Section 1231 assets are true? Pick all that apply!!

dem82 [27]

Answer:

The answer is below

Explanation:

Given that Section 1231 assets are a term that is used to describe the real or depreciable trading property acquired for more than a year. For example, landed property, buildings, etc.

Hence, in this case, the correct answer or statement to the question are:

1. If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss

2. If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur

4 0

3 years ago

The XYZ Chemical Company must ship 9,500 gallons of pesticides from its plant in Cincinnati, Ohio, to a customer in Columbia, Mi

never [62]

Answer:

Henderson = $1,200

Central States = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

Explanation:

The question is to do an evaluation of the costs of use Henderson Bulk Trucking Company or the Central States Railroad

Step 1) Determine the cost of using Henderson

What is the cost per tank truck = $600

What is the capacity in gallons = 700 galloons

However, since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of 2 trucks from Henderson as follows

The cost of Henderson Bulk Trucking = $600 x 2 = $1,200

Step 2) Determine the cost of using Central Railroad

What is the cost per tank truck = $1000

What is the capacity in gallons = 23,500 galloons

since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of only one of the trucks

The cost of Central Roilroad= $1000 x 1 = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

3 0

3 years ago

The following data are for the two products produced by Tadros Company. Product A Product BDirect materials$20 per unit $30 per

fenix001 [56]

Answer:

Tadros Company

Plantwide method:

Product A Product B

1.1. Manufacturing cost per unit $40 $85

1.2 Gross profit per unit $15 $135

2.1 Gross profit per customer $300 $675

2.2 Customer of customer to each customer is:

= $80

The gross profit is adequate for each customer.

ABC method:

Product A Product B

3.1The Manufacturing cost per unit $36.26 $101.61

3.2 Gross profit per unit $18.74 $118.39

4.1 Gross profit per customer $374.85 $591.94

4.2 Cost of customer service to each customer is $80.

The Gross profit per customer is adequate.

5. The ABC product costing method gives better information to managers of Tadros Company.

c. Activity-based costing method

Explanation:

a) Data and Calculations:

Product A Product B

Direct materials $20 per unit $30 per unit

Direct labor hours 0.5 DLH/unit 1.5 DLH per unit

Total direct labor hours 8,000 (0.5*16,000) 5,400 (1.5*3,600)

Direct labor costs $160,000 ($20*8,000) $108,000 ($20*5,400)

Machine hours 0.4 MH per unit 1.2 MH per unit

Batches 200 batches 360 batches

Volume 16,000 units 3,600 units

Engineering modifications 20 modifications 80 modifications

Number of customers 800 customers 720 customers

Market price $55 per unit $220 per unit

Direct labor rate = $20 per direct labor hour (DLH).

Overhead rates based:

a. Plantwide Method:

Total manufacturing overhead costs/Total direct labor hours

$268,000/13,400 = $20

Cost of production:

Product A Product B

Direct materials per unit $320,000 $90,000

Direct labor hours per unit DLH 160,000 108,000

Overhead costs 160,000 108,000

Total production costs $640,000 $306,000

Volume 16,000 units 3,600 units

Manufacturing cost per unit $40 $85

Income Statement:

Product A Product B

Sales Revenue ($55 and $220) $880,000 $792,000

Total production costs 640,000 306,000

Gross profit $240,000 $486,000

Volume 16,000 units 3,600 units

Gross profit per unit $15 $135

Gross profit $240,000 $486,000

Customers 800 customers 720 customers

Gross profit per customer $300 $675

b. Departmental Method:

c. ABC Method:

Additional information follows:

Cost Pools Overhead Costs Driver

Indirect manufacturing

Engineering support $ 53,600 Engineering modifications

Electricity 53,600 Machine hours

Setup costs 160,800 Batches

Nonmanufacturing

Customer service 121,600 Number of customers

Overhead rate using ABC:

Cost Pools Overhead Costs Driver Rates

Indirect manufacturing

Engineering support $ 53,600 100 modifications = $536

Electricity 53,600 10,720 Machine hours $5

Setup costs 160,800 560 Batches $287

Customer service 136,800 1,520 customers $90

Cost of production:

Product A Product B

Direct materials per unit $320,000 $90,000

Direct labor hours per unit DLH 160,000 108,000

Overhead costs:

Engineering support 10,720 42,880

Electricity 32,000 21,600

Setup costs 57,400 103,320

Total production costs $580,120 $365,800

Volume 16,000 units 3,600 units

Manufacturing cost per unit $36.26 $101.61

Income Statement:

Product A Product B

Sales Revenue ($55 and $220) $880,000 $792,000

Total production costs 580,120 365,800

Gross profit $299,880 $426,200

Volume 16,000 units 3,600 units

Gross profit per unit $18.74 $118.39

Gross profit $299,880 $426,200

Customers 800 customers 720 customers

Gross profit per customer $374.85 $591.94

Total production costs $580,120 $365,800

Customers 800 customers 720 customers

Cost per customer $725.15 $508.06

Customer service costs

Customer service $121,600/1,520 = $80

8 0

3 years ago