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The predetermined overhead rate for Zane Company is $5,comprised

The predetermined overhead rate for Zane Company is $5,comprised

Question
	16.The predetermined overhead rate for Zane Company is $5,comprised of a variable overhead rate of $3 and a fixed rate of $2.The amount of budgeted overhead costs at normal capacity of$150,000 was divided by normal capacity of 30,000 direct labor hours,to arrive at the predetermined overhead rate of $5.Actual overhead for June was 9,500 variable and 6,050 fixed,and standard hours allowed for the product porduced in June was3,000 hours.The total overhead variance is
a.3,050 F
b.550 F
c.550 U
d.3,050 U
17.The predetermined overhead rate for Zane Company is $5,comprised of a variable overhead rate of $3 and a fixed rate of $2.The amount of budgeted overhead costs at normal capacity of$150,000 was divided by normal capacity of 30,000 direct labor hours,to arrive at the predetermined overhead rate of $5.Actual overhead for June was$8,900 variable and 5,400fixed,and 1,500 units were produced.The direct labor standard is 2hours per unit produced.The total overhead variance is
a.1,800 F
b.700 F
c.700 U
d.1,800 U
18.Which of the following is true?
a.The form,content,and frequency of variance reports vary considerably among companies
b.The form,content,and frequency of variance reports do not vary among companies
c.The form and content of variance reports vary considerably among companies,but the frequency is always weekly
d.The form and content of variance reports are consistent among companies,but the frequency varies
19.Denmark Corporation's variance report for the purchasing department reports1,000 units of material A purchased and 2,400 units of material B purchased.It also reports standard prices of$2 for material A and $3 for Material B.Actual prices reported are$2.10 for Material A and $2.80 for Material B.Denmark should report a total price variance of
a.380 F
b.340 F
c.340 U
d.380 U
20.When is a variance considered to be'material'?
a.when it is large compared to the actual cost
b.when it is infrequent
c.when it is unfavorable
d.when it could have been controlled more effectively
21.Variance reports are
a.external financial reports
b.SEC financial reports
c.internal reports for management
d.all of these
22.The following information was taken from the annual manufacturing overhead cost budget of Fergie Manufacturing
Variable manufacturing overhead costs$92,400
Fixed manufacturing overhead costs55,440
Normal production level in labor hours30,800
Normal production level in units5,775
Standard labor hours per unit 4
During the year,5,600 units were produced,18,340 hours were worked, and the actual manufacturing overhead was $151,200.Actual fixed manufacturing overhead costs equaled budgeted fixed manufacturing overhead costs.Overhead is applied on the basis of direct labor hours.
22-1.Fergie's total overhead variance is 7840U
22-2.Fergie's controllable overhead variance is 6160U
22-3.Fergie's volume overhead variance is
a.1,680 U
b.6,160 U
c.7,840
d.22,400
23.Use the following table,
Present Value of and Annuity of 1
Period 8% 9% 10%
1 .926 .917 .909
2 1.783 1.759 1.736
3 2.577 2.531 2.487
A company has a minimum required rate of return of 9%.It is considering investing in a project which costs#350,000 and is expected to generate cash inflows of $140,000 at the end of each year for three years.The net present value of this project is
a.354,340
b.70,000
c.35,436
d.4,340
24.The discount rate is referred to by all of the following alternative names except the
a.accounting rate of return
b.cutoff rate
c.hurdle rate
d.required rate of return
25.The rate that a company must pay to obtain funds from creditors and stockholders is known as the
a.hurdle rate
b.cost of capital
c.cutoff rate
d.all of these
26.The higher the risk element in a project,the
a.more attractive the investment
b.higher the net present value
c.higher the cost of capital
d.higher the discount rate
27.If a company's required rate of return is 10%and, in using the net present value method,a project's net present value is zero,this indicates that the
a.project''s rate of return exceeds10%
b.project's rate of return is less than the minimum rate required
c.porject earns a rate of return of 10%
d.project earns a rate of return of 0%
28.If a preoject has a profitability index of1.20,then the project's internal rate of return is
a.equal to the discount rate
b.less than the discount rate
c.greater than the discount rate
d.equal to 20%
31.which one of the following affects cash during a period?
a.Recording depreciation expense
b.Declaration of a cash dividend
c.write-off of an uncollectible account receivable
d.Payment of an accounts payable
32.In calculating cash flows from operating activities using the indirect method,a gain on the sale of equipment is
a.added to net income
b.deducted from net income
c.ignored because it does not affect cash
d.not reported on a statement of cash flows

saint MBA560 module 8 quiz (taken on 10 decmeber 2013)

saint MBA560 module 8 quiz (taken on 10 decmeber 2013)

Question
	1.
					 					The practice of delegating authority and responsibility is referred to as:
											(Points : 2)




  

  

  

  

















 

 

 
	 

 
 

			

				
										 Question 2.
					 2.
					 					A budget prepared at a single volume of activity is referred to as a:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 3.
					 3.
					 					Which of the following software applications is most suited for developing flexible budgets?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 4.
					 4.
					 					Volume variances are computed for which of the following costs?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 5.
					 5.
					 					Summer Company's static budget is based on a planned activity
 level of 25,000 units. Later, the company’s management accountant
prepared a budget based on 30,000 units. The company actually produced
and sold 29,000 units. In evaluating its performance, management should
compare the company's actual revenues and costs to which of the
following budgets?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 6.
					 6.
					 					When would a variance be labeled as favorable?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 7.
					 7.
					 					Static and flexible budgets are similar in that:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 8.
					 8.
					 					The review of a capital budgeting decision to determine
whether a project was accepted that should have been rejected is
referred to as:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 9.
					 9.
					 					Which of the following would increase residual income?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 10.
					 10.
					 					Bilbo Company evaluates its managers on the basis of return
on investment (ROI). Division Three has an ROI of 15% while the company
as a whole has an ROI of only 10%. Which of the following performance
measures will motivate the managers of Division Three to accept a
project earning a 12% return?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 11.
					 11.
					 					When using residual income (RI) as a project-screening tool, management should accept a project if:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 12.
					 12.
					 					An investment that costs $30,000 will produce annual cash
flows of $10,000 for a period of 4 years. Given a desired rate of return
 of 8%, the investment will generate a:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 13.
					 13.
					 					A cash flow that only occurs once is referred to as:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 14.
					 14.
					 					What amount of cash must be invested today in order to have
$30,000 at the end of one year assuming the rate of return is 9%?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 15.
					 15.
					 					All of the following arecapital investment decisions except:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 16.
					 16.
					 					Which statement characterizes the time value of money concept?
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 17.
					 17.
					 					An investment that cost $48,000 provided annual cash inflows
of $9,000 per year for six years. The desired rate of return is 10%. The
 actual return from the investment was:
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 18.
					 18.
					 					Barney's Bagels invested in a new oven for $12,000. The oven
reduced the amount of time for baking which increased production and
sales for five years by the following amounts of cash inflows:
 
Year 1Year 2Year 3Year 4Year 5
$8,000$6,000$5,000$6,000$5,000

		
Using the averaging method, the payback period for the investment in the oven would be:
											(Points : 2)
											
			

		

	 
  

  

  

  

 

 		
 















 

 

 
	 

 
 

			

				
										 Question 19.
					 19.
					 					An even stream of payments over equal time periods where the
cash flows are assumed to occur at the end of each period is referred to
 as a(n):
											(Points : 2)
									
			

		

	 
  

  

  

  

 

 		
 



















 

 

			

				
										 Question 20.
					 20.
					 					What amount of cash would result at the end of one year, if $17,000 is invested today and the rate of return is 10%?
											(Points : 2)

uop MGT/426 week 5 assignment

uop MGT/426 week 5 assignment

Question
	

 

 
 
Week Five: The Learning
 Organization

 		


 

 
 

 		
 
 
Details

 		
 
 
Due

 		
 
 
Points

 		


 

 
 
Objectives

 		
 
 
1 

 
1.1 Determine causes of cultural
 changes within an organization that is operating in a global environment. 

 
1.2 Compare and contrast the
 external and internal organizational cultures within global and domestic
 units of an organization.

 		
 
 
10/10/2013

 
6:00pm

 		
 
 

 		


 

 
 
Reading

 		
 
 
Read Ch. 1, 10-12 of Managing
 Organizational Change.

 		
 
 
10/10/2013

 
6:00pm

 		
 
 

 		


 

 
 
Reading

 		
 
 
Read this week’s Electronic Reserve
 Readings.

 		
 
 
10/10/2013

 
6:00pm

 		
 
 

 		


 

 
 
Participation

 		
 
 
Participate in class discussion.

 		
 
 
10/10/2013

 
10:00pm

 		
 
 
4

 		


 

 
 
Learning TeamManaging Change
 Paper Part IV

 		
 
 
Create a 7- to 10-slide Microsoft®
 PowerPoint® presentation on the sustaining phase of the cycle of
 change by analyzing the differences between stated change goals and current
 change status. Add these sides to your
 previous learning team presentation creating a 28- to 40-slide Microsoft
 PowerPoint presentation. 

 

 
·
 Base the paper on the organization
 selected for your Managing Change Paper Part I. 

 
·
 Assess the organizational change by
 applying gap analysis to the three organizational systems. 

 
·
 Includespeaker’s notes integrating all
 of the elements of change discussed in your Managing Change Paper Parts I to
 IV. 

 
·
 Use the cycle of change (preparing,
 implementing, and sustaining change) as the framework for the presentation.

 
·
 Format your paper consistent with APA
 guidelines

 

 		
 
 
10/10/2013

 
6:00pm

 		
 
 
10

 		


 

 
 
Individual 

 
Final Exam

 		
 
 
Resource:Final Exam Study Guide

 

 
Complete The Final Exam In Class

 

 		
 
 
10/10/2013

 
6:00pm

 		
 
 
16

NEXT STOP, SQUALOR

NEXT STOP, SQUALOR

NEXT STOP, SQUALOR

Next Stop, Squalor 1 31 g have been escorting foreign visitors through Rio de janeiro’s infaf; mous favelas, with their drug gangs and ocean views, and the vast J O H N L A N C A S T E R «’ ‘ townships outside Cape Town and Johannesburg, where tourists , ,1“; rl “L . n o v a o o I l. r ‘ are 1nv1ted to mix With South Africans at one of the illic1t beer halls A y ‘ ‘ known as shebeens. A nonprofit group in New Delhi charges tourNext Stop squalor . ~ 1 ‘ ‘ ists for guided walks through the railway station, to raise money for i ~ ‘ ‘ the street children who haunt its platforms. i I FROM Smithsonian V But the Dharavi tours have been especially controversial. In a i lengthy report last September, the Indian English-language Times i Now television channel attacked them as an exercise in voyeurism {if 4 ‘ . J, . ‘ . ‘ ‘ a y – u i 9}. and a sleazy bid to ‘cash in on the poor-India image. That report i: was followed by a panel discussion in which the moderator all but u . . “ . . . ‘: vyil THE DHARAVI S UATTER S t , ._ 7;. accused POOJaI‘l of crimes against humanity. If you were livmg in l. I Q – ET’I‘LEMISNT 1n Mumbai is oftende- 73;; .- l t Dharavi, in that slum, would you like a foreign tourist coming and scribed as the biggest slum in Asia. It Sits between two rail lines i 1’ ‘ n u ‘ – – – – ‘ ’7‘ the northern art f th . . . ‘n ‘ ’2 é”; s walking all over you? he sputtered. This kind of slum tourism, it is Mill ing fishery Tlfe “Eek £123: on a creefk mat once SPSEIHCfi a thrlv’ I a clear invasion of somebody’s privacy . . . You are treating humans Eli and the ai above Dharavi is gimp O sewage and Indusmal WaSte’ like animals.” A tourism offiCial on the panel called the tour operav ‘ ‘ ;-.;- “ . . . . ,, ‘31: B one esfi t th 1 . g tors paraSites [who] need to be investigated and put behind bars, “if! fiesyalmost aglafi’h e m ls home to ten thousand small faCtO‘ and a state lawmaker has threatened to shut them down. Ell“ V-d ’ 0 em 1 Cgal and “9r?gula‘ed~ The factones Pro‘ The critics, it seemed, had claimed the moral high ground. But 1 e sustenance of a sort to the million or so people who are could they holditp V tl‘fl‘olgghtéo live in Dharavi, which at 432 acres is barely half the size 5“ i ‘ i o ew ork Ci ’s Central P ‘ ‘ ~ ‘ 553 ‘ ‘- I‘ picku and onltyone t ,1 fark’ There ls no dlscernlble g’a’rbage y One sunny morning this past December, I met Christopher Way at vgui urbanpf’lell y 01 6t or‘every I ’440 people’ It ls a “sum of 1‘}; . Leopold’s Café, a popular backpackers’ hangout in Mumbai’s busA z, . . . . . . H; It is also one . , , , . . tling Colaba district. At thirty-one, he is boyish and bespectacled, «z :5; oflast year a 0:1: Irgcliiztiisshnewgst tourist attractions. Since January .3. with a thatch of tousled brown hair and a thoughtful, unassuming i y g en epreneur’ Chrlstopher way’ and hls C .57 manner. Over glasses of freshly S ueezed mango ’uice he told me iii Indian busmess partner Krishna Poo’ari h b 11′ ‘ ‘ x: q J ’ . sill

Tarass Inc. is an accrual-method calendar-year corporation

Tarass Inc. is an accrual-method calendar-year corporation

Question
	Tarass Inc. is an accrual-method calendar-year corporation. Tarass, Inc. did not qualify for the domestic production activities deduction. The following information has been provided about the activities occurring in 2013: Reported on the financial statement – income after taxes $2,585,000 Life insurance proceeds from CFO’s death 100,000 Revenue from sales 3,500,000 Key-person life insurance policies premium 15,000 Cost of goods sold (reported on book) 275,000 MACRS depreciation 65,000 Book depreciation 40,000 AMT depreciation 60,000 Interest income on private activity tax-exempt bonds 25,000 Interest paid on loan to purchase tax-exempt bonds 25,000 Net capital loss 35,000 Rental income received and earned in 2013 5,000 Rental income received in 2012 but earned in 2013 10,000 Rental income received in 2013 but not earned 5,000 Overhead costs expensed for financial reporting but are included in ending inventory for tax purposes under 263A4 5,000 Overhead costs expensed for financial reporting in 2012 but included in 2012 ending inventory. All 2012 ending inventory was sold in 2013. Charitable contributions 315,000 Federal income tax expense reported on financial statements 350,000 Using the information provided, complete the following tasks: Using Excel, prepare a reconciliation of book income and tax income. Set up the Excel spreadsheet using the example below: Line Item Book Income (Dr) Cr Book-tax adjustments Taxable Income (Dr) Cr (Dr) Cr Calculate Tarass Inc.’s tax liability for 2013. Calculate Tarass Inc.’s alternate minimum tax for 2013, if any applies. The calculation must be shown to receive full credit.

Assignment on managing budgets and financial planning

Assignment on managing budgets and financial planning

Question
	
There are 3 questions you will be required to assist with. I can provide access to policies, budgets and financial processes for the company that the questions are based on.
> Review the processes in place that XYZ Company uses to communicate budget information and financial planning to staff.
> Review the record keeping requirements in relation to the ATO and GST. Do XYZ meet these requirements, or do they need to improve? If they are not sufficient, what could be done and what resources would be required?
> Evaluate XYZ Company overall. Recommend improvements to the overall financial processes of XYZ.
Please contact me and I can give you the user/password to access the mock company's website.

Finance 15 question timed quiz multiple choice- 1 hour timed

Finance 15 question timed quiz multiple choice- 1 hour timed

Question
	Question 1 of 15 1.0 Points
The main advantage of debt financing for a firm is: 
I) no SEC registration is required for bond issue 
II) interest expense of a firm is tax deductible 
III) unlevered firms have higher value than levered firms 

 

 A. I only 
 

 B. II only 
 

 C. III only 
 

 D. I and III only 


Question 2 of 15 1.0 Points 

If a firm permanently borrows $100 million at an interest rate of 8%, what is the present value of the interest tax shield? (Assume that the tax rate is 30%) 
 A. $8.00 million 
 
 B. $5.6 million 
 
 C. $30 million 
 
 D. $26.67 million 
 
 E. None of the above 

Question 3 of 15 1.0 Points 

In order to calculate the tax shields provided by debt, the tax rate used is the: 
 A. average corporate tax rate 
 
 B. marginal corporate tax rate 
 
 C. average of shareholders' tax rates 
 
 D. average of bondholders' tax rates 

Question 4 of 15 1.0 Points 

The reason that MM Proposition I does not hold good in the presence of corporate taxes is because: 
 A. Levered firms pay lower taxes when compared with identical unlevered firms 
 
 B. Bondholders require higher rates of return compared with stockholders 
 
 C. Earnings per share are no longer relevant with taxes 
 
 D. Dividends are no longer relevant with taxes 

Question 5 of 15 1.0 Points 

Assuming that bonds are sold at a fair price, the benefits from the tax shield go to the: 
 A. managers of the firm 
 
 B. bondholders of the firm 
 
 C. stockholders of the firm 
 
 D. lawyers of the firm 

Question 6 of 15 1.0 Points 

The pecking order theory of capital structure predicts that: 
 A. If two firms are equally profitable, the more rapidly growing firm will borrow more, other things equal 
 
 B. Firms prefer equity to debt financing 
 
 C. Risky firms will end up borrowing less 
 
 D. Risky firms will end up borrowing more

Question 7 of 15 1.0 Points 

Capital budgeting decisions that include both investment and financing decisions can be analyzed by: 
I) Adjusting the present value 
II) Adjusting the discount rate 
III) Ignoring financing mix 
 A. I only 
 
 B. II only 
 
 C. III only 
 
 D. I and II only 

Question 8 of 15 1.0 Points 

The after-tax weighted average cost of capital is determined by: 
 A. Multiplying the weighted average after tax cost of debt by the weighted average cost of equity 
 
 B. Adding the weighted average before tax cost of debt to the weighted average cost of equity 
 
 C. Adding the weighted average after tax cost of debt to the weighted average cost of equity 
 
 D. Dividing the weighted average before tax cost of debt to the weighted average cost of equity

Question 9 of 15 1.0 Points 

In calculating the weighted average cost of capital, the values used for D, E and V are: 
 A. book values 
 
 B. liquidating values 
 
 C. market values 
 
 D. none of the above 

Question 10 of 15 1.0 Points 

A firm has a total market value of $10 million and debt has a market value of $4 million. What is the after-tax weighted average cost of capital if the before - tax cost of debt is 10%, the cost of equity is 15% and the tax rate is 35%? 
 A. 13% 
 
 B. 11.6% 
 
 C. 8.75% 
 
 D. None of the given answers 

Question 11 of 15 1.0 Points 

Given the following data for year-1: 
Profits after taxes = $20 millions; 
Depreciation = $6 millions;
Interest expense = $4 millions; 
Investment in fixed assets = $12 millions;
Investment in working capital = $4 millions.
Calculate the free cash flow (FCF) for year-1: 
 A. $4 millions 
 
 B. $6 millions 
 
 C. $10 millions 
 
 D. none of the abov

Question 12 of 15 1.0 Points 

Lowering debt-equity ratio of a firm can change:
I) financing proportions 
II) cost of equity 
III) cost of debt 
IV) effective tax rate 
 A. II and III only 
 
 B. I only 
 
 C. I, II, and III only 
 
 D. I, II, III and IV 

Question 13 of 15 1.0 Points 

Floatation costs are incorporated into the APV framework by: 
 A. Adding them into the all equity value of the project. 
 
 B. Subtracting them from all equity value of the project. 
 
 C. Incorporating them into the WACC. 
 
 D. Disregarding them.

Question 14 of 15 1.0 Points 

Subsidized loans have the effect of: 
 A. Increasing the NPV of the loan, thereby reducing the APV. 
 
 B. Decreasing the NPV of the loan, thereby reducing the APV. 
 
 C. Decreasing the NPV of the loan, thereby increasing the APV. 
 
 D. Increasing the NPV of the loan, thereby increasing the APV.

Question 15 of 15 1.0 Points 

APV method is most useful in analyzing: 
 A. large international projects 
 
 B. domestic projects 
 
 C. small projects 
 
 D. none of the above

Ashford Eng225 week 2 assignment

Ashford Eng225 week 2 assignment

Question
	Elements of Design

During the process of envisioning and designing a film, the director, production designer, and art director (in collaboration with the cinematographer) are concerned with several major spatial and temporal elements. These design elements punctuate and underscore the movement of figures within the frame, including the following: setting, lighting, costuming, makeup, and hairstyles. Choose a scene from movieclips.com. In a three to five page paper, (excluding the cover and reference pages) analyze the mise-en-scène.

Respond to the following prompts with at least one paragraph per bulleted topic:

Identify the names of the artists involved in the film’s production: the director, the production designer, and the art director. Describe in separate paragraphs each artist’s role in the overall design process. Conduct additional research if necessary, citing your book, film, and other external sources correctly in APA format.
Explain how the artists utilize lighting in the scene. How does the lighting affect our emotional understanding of certain characters? What sort of mood does the lighting evoke? How does lighting impact the overall story the filmmaker is attempting to tell?
Describe the setting, including the time period, location, and culture in which the film takes place.
Explain what costuming can tell us about a character. In what ways can costuming be used to reflect elements of the film's plot?
Explain how hairstyle and makeup can help tell the story. What might hairstyle and makeup reveal about the characters?
Discuss your opinion regarding the mise-en-scène. Do the elements appear to work together in a harmonious way? Does the scene seem discordant? Do you think the design elements are congruent with the filmmaker’s vision for the scene?

In January 2007, installation costs of $8,000 on new machinery were charged to Repair Expense

In January 2007, installation costs of $8,000 on new machinery were charged to Repair Expense

Question
	

18.In January 2007, installation costs of $8,000 on new machinery were charged to Repair Expense. Other costs of this machinery of $30,000 were correctly recorded and have been depreciated using the straight-line method with an estimated life of 10 years and no salvage value. At December 31, 2008, it is decided that the machinery has a remaining useful life of 20 years, starting with January 1, 2008. What entry(ies) should be made in 2008 to correctly record transactions related to machinery, assuming the machinery has no salvage value? The books have not been closed for 2008 and depreciation expense has not yet been recorded for 2008.


 Please answer question 18 from Ch 22. What did you find to be the most challenging part of the problem? Explain why

INTERNATIONAL NARCOTICS

INTERNATIONAL NARCOTICS

INTERNATIONAL NARCOTICS

Please review this week’s presentation and also the US Department of State report “2014 International Narcotics Control Strategy: Drug and Chemical Control” located at: http://www.state.gov/j/inl/rls/nrcrpt/2014/vol1/index.htm summarize the important points and comment on the points that you found unusual or interesting