[Solved] Montevideo Company had the following account balances for the quarter ending March 31
Montevideo Company had the following account balances for the quarter ending March 31, unless otherwise noted: 
Required:
a. Prepare a cost of goods manufactured schedule for the quarter.
b. Prepare a cost of goods sold schedule for the quarter.
c. Calculate total prime costs and total conversion costs.
d. Calculate total product costs and period costs.
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Answer to Montevideo Company had the following account balances for the quarter ending March 31, unless otherwise noted….
[Solved] Carefully read “Alien DNA” and answer the following questions For items 1-3 utilize the following information
Carefully read “Alien DNA” and answer the following questions For items 1-3 utilize the following information: A double-stranded piece of alien nucleic acid has been isolated. Each individual strand of the nucleic acid is 160 nucleotides long for a total of 320 nucleotides in the isolated piece of nucleic acid. An initial analysis shows that of the 320 nucleotides, 95 contain the base uracil
1. How many nucleotides containing the base is Adenine (1A) would be found in the isolated piece of double-stranded nucleic acid?
- a.0
- b. 95
- c. 190
- d. 225
- e. cannot be determined 40
2. How many nucleotides in the piece of alien DNA would contain the base
- a. 40
- b. 70
- c. 95
- d. 140
- e. cannot be determined
3. If it were determined that the sugar-phosphates making the nucleotides in alien macleic acid were similar in nature to those found on Earth, how many phosphate be found in the piece of DNA?
- a. 40
- b. 80
- c. 120
- d. 160
- e. 320 States)
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Answer to Carefully read “Alien DNA” and answer the following questions For items 1-3 utilize the following information:…
[Solved] Successful completion of a project requires finishing the scope of work within budget and a certain time frame
Successful completion of a project requires finishing the scope of work within budget and a certain time frame whilst managing resource utilization, meeting quality expectations and managing risks. All this must be done while assuring customer satisfaction. Discuss how Microsoft could have managed project constraints to successfully deliver the Xbox 360 project. (10 Marks)
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Answer to Successful completion of a project requires finishing the scope of work within budget and a certain time frame whilst managing resource…
[Solved] The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed
The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed.
Q.1 – Compute the simple exponentially smoothed forecast with
Q.2 – Compute the adjusted exponentially smoothed forecast withand
Q.3 – Compare the accuracy of the two forecasts using MAD and MAPD.
and indicate which forecast appears to be most accurate.
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Answer to The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed….
[Solved] Benson Enterprises is evaluating alternative uses for a three-story manufacturing and warehousing building that it has purchased for $1,610,000.
| Benson Enterprises is evaluating alternative uses for a three-story manufacturing and warehousing building that it has purchased for $1,610,000. The company can continue to rent the building to the present occupants for $77,000 per year. The present occupants have indicated an interest in staying in the building for at least another 15 years. Alternatively, the company could modify the existing structure to use for its own manufacturing and warehousing needs. Benson’s production engineer feels the building could be adapted to handle one of two new product lines. The cost and revenue data for the two product alternatives are as follows: |
| Product A | Product B | ||||
| Initial cash outlay for building modifications | $ | 111,000 | $ | 141,000 | |
| Initial cash outlay for equipment | 211,000 | 246,000 | |||
| Annual pretax cash revenues (generated for 15 years) | 208,000 | 247,000 | |||
| Annual pretax expenditures (generated for 15 years) | 86,000 | 106,000 | |||
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| Benson will depreciate the original building shell (purchased for $1,610,000) over a 30-year life to zero, regardless of which alternative it chooses. The building modifications and equipment purchases for either product are estimated to have a 15-year life. They will be depreciated by the straight-line method. The firm’s tax rate is 40 percent, and its required rate of return on such investments is 14 percent. |
| For simplicity, assume all cash flows occur at the end of the year. The initial outlays for modifications and equipment will occur today (Year 0), and the restoration outlays will occur at the end of Year 15. Benson has other profitable ongoing operations that are sufficient to cover any losses. |
| Alternative 1: |
| What is the value of NPV of the decision to continue to rent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Alternative 2: |
| What is the value of NPV for modifying the building to manufacture Product A? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Alternative 3: |
| What is the value of NPV for modifying the building to manufacture Product B? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
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[Solved] To examine the quantity theory of money, Brumm (2005) (“Money Growth, Output Growth, and Inflation: A Reexamination of the Modern Quantity
Background
To examine the quantity theory of money, Brumm (2005) (“Money Growth, Output Growth, and Inflation: A Reexamination of the Modern Quantity Theory’s Linchpin Prediction,” Southern Economic Journal, 71(3), 661–667] specifies the inflation equation inflat = B1 + Bzmoney + Bzoutput + u where inflat is the growth rate of the general price level, money is the growth rate of the money supply, and output is the growth rate of national output. Economic theory suggests that B2 = 1 and B3 = -1. The dataset brumm.dta consists of 1995 data on 76 countries. Research tasks 1. It is argued that output may be endogenous. Four instrumental variables are proposed, initial – initial level of real GDP, school = a measure of the population’s educational attainment, inv = average investment share of GDP, and poprate average population growth rate.
(a) Give an intuitive explanation as to why output can be endogenous (3 marks) (b) Explain why the proposed IVs can be valid. (6 marks, i.e., 2 marks for understanding of valid IVs and 1 mark for convincing story for each IV)
Call: Im_robust(formula inflat ~ money + output, se_type = “stata”) Standard error type: HC1 Coefficients: Estimate Std. Error t value Pr(>[t]) CI Lower CI Upper DF (Intercept) -0.2342 0.61962 -0.378 7.065e-01 -1.4691 1.001 73 money 1.0331 0.02369 43.603 5.085e-54 0.9859 1.080 73 output -1.6620 0.17591 -9.448 2.706e-14 -2.0126 -1.311 73 Multiple R-squared: 0.9948 Adjusted R-squared: 0.9947 F-statistic: 956.8 on 2 and 73 DF, p-value: < 2.2e-16
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Answer to To examine the quantity theory of money, Brumm (2005) (“Money Growth, Output Growth, and Inflation: A Reexamination of the Modern Quantity….
[Solved] Hierarchical clustering is sometimes used to generate K clusters, K > 1 by taking the clusters at the Kth level of the dendrogram.
Hierarchical clustering is sometimes used to generate K clusters, K > 1 by taking the clusters at the Kth level of the dendrogram. (Root is at level 1.) By looking at the clusters produced in this way, we can evaluate the behavior of hierarchical clustering on different types of data and clusters, and also compare hierarchical approaches to K-means. The following is a set of one-dimensional points: {6, 12, 18, 24, 30, 42, 48}.
(a) For each of the following sets of initial centroids, create two clusters by assigning each point to the nearest centroid, and then calculate the total squared error for each set of two clusters. Show both the clusters and the total squared error for each set of centroids. 1) { 3, 7.5} 2) {15, 25}
b) Do both sets of centroids represent stable solutions, i.e., if the K-means algorithm was run on this set of points using the given centroids as the starting centroids, would there be any change in the clusters generated?
c) What are the two clusters produced by MIN? (MIN is single link clustering, also called minimum method)
d) Which technique, K-means or MIN, seems to produce the “most natural” clustering in this situation?
e) What well-known characteristic of the K-means algorithm explains the previous behavior? Please show detailed calculation of why a point belongs to a specific cluster?
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Answer to Hierarchical clustering is sometimes used to generate K clusters, K > 1 by taking the clusters at the Kth level of the dendrogram……
[Solved] Step Test Protocol 3 minute test predicts VO2max from recovery heart rate after 3 minutes of stepping subjects exercise
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[Solved] Let f satisfy f(t+T)=f(t) for all t>0 and for some fixed positive number T; f is said to be periodic with period T on 0≤t<∞
Let f satisfy f(t+T)=f(t) for all t>0 and for some fixed positive number T; f is said to be periodic with period T on 0≤t<∞. Then, the Laplace transform of f(t) is given by L{f(t)}=11−e−sT∫0Te−stf(t)dt.
Use this fact to find the Laplace transform of the given function.
f(t)={ 1, 0≤t<4
{ -1, 4≤t<8
f(t+8)=f(t)
Enclose numerators and denominators in parentheses. For example, (a−b)/(1+n).
Use an asterisk, *, to indicate multiplication. For example, 2*f(x), a*x*(x+b)*(c*x+d), b*tan(a*θ) or e(a*x)*b.
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Answer to Let f satisfy f(t+T)=f(t) for all t>0 and for some fixed positive number T; f is said to be periodic with period T on 0≤t<∞…..
[Solved] On January 1, prior to the adoption of the FASB’s new lease standard, Borman Company, a lessee, entered into three noncancelable leases
CASE 13‐5 Lease Accounting: Various Issues
On January 1, prior to the adoption of the FASB’s new lease standard, Borman Company, a lessee, entered into three noncancelable leases for brand‐new equipment: Lease J, Lease K, and Lease L. None of the three leases transfers ownership of the equipment to Borman at the end of the lease term. For each of the three leases, the present value at the beginning of the lease term of the minimum lease payments—excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor and including any profit thereon—is 75 percent of the excess of the fair value of the equipment to the lessor at the inception of the lease over any related investment tax credit retained by the lessor and expected to be realized by the lessor. The following information is peculiar to each lease:
- Lease J does not contain a bargain purchase option; the lease term is equal to 80 percent of the estimated economic life of the equipment.
- Lease K contains a bargain purchase option; the lease term is equal to 50 percent of the estimated economic life of the equipment.
- Lease L does not contain a bargain purchase option; the lease term is equal to 50 percent of the estimated economic life of the equipment.
Required:
- How should Borman Company classify each of the three leases, and why? Discuss the rationale for your answer.
- What amount, if any, should Borman record as a liability at the inception of the lease for each of the three leases?
- Assuming that the minimum lease payments are made on a straight‐line basis, how should Borman record each minimum lease payment for each of the three leases?
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