You have developed a self-study certification system for those who need credit hours for recertification by your
Q: Identifying Financial Statement Line Items and Accounts Several line items and account titles are…
A: The income statement records all the expenses and revenues and tells the profit or losses for the…
Q: Budget Performance Reports prepared for the VP of production would generally contain more summarized…
A: Budget Performance Report :— Budget Perfireport is the Comparison of planned Budget and actual…
Q: A shareholder of a certain company is concerned that the company has recorded a reduced level of…
A: Ratio Analysis - Ratios is the method of analyzing company's financial statements. By using ratio…
Q: Discuss why the concept of fiduciary responsibilities is so important for trustees of superannuation…
A: Fiduciary is defined as " A person or organization that makes financial decisions on behalf of…
Q: While under the influence of alcohol, Max enters a purchase and sale contract for the sale of his…
A: The intoxication with liquor of the appellant/plaintiff at the time of executing the agreement was…
Q: M/S manish Boutique Ltd. During the year Manish Malhotra had taken home some clothing fabric from…
A: Business entity Concept :— The business entity concept (also known as separate entity and economic…
Q: Budgeted income statement and supporting budgets The budget director of Gold Medal Athletic Co.,…
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: The market price of a share of common stock at the time of issuance was $19.50, while the market…
A: The stockholders' equity section is represented on the balance sheet of the business. It records the…
Q: . From the following, calculate (a) Debt-Equity Ratio (b) Total Assets to Debt Ratio Equity Share…
A: We know that Debt- Equity ratio = (Outside Debts/ Equity) Here only debenture represents outside…
Q: A project requires an initial investment of BD 75,000, has a salvage value of BD 15,000 after 4…
A: In the above question, Initial investment of project= BD 75,000 Annual expenses= BD 5,000 Salvage…
Q: Double Bounce Trampolines produces two models of trampolines for backyard fun. The "Original", and…
A: Note: Hi, As you have posted more than 3 sub parts but as per the Bartleby policy we can solve only…
Q: An auditor working with a publicly traded client learns that the client has been completing stock…
A: Auditor has to find out and determine the authenticity of the financial statements and also have to…
Q: What is the Profit Margin for Stevenson Corporation, given the following info: Invested Assets =…
A: Profit margin refers to the income earned by the company from the sale of goods and services after…
Q: Depreciation has not been calculated. Can you please calculate the depreciation up to 31/03/2022…
A: Straight line Method: The technique of calculating depreciation and amortization known as the…
Q: Constructing Financial Statements from Account Data Barth Company reports the following year-end…
A: Lets understand the basis. Income statement is prepared to understand the revenue, expense and net…
Q: Sea Ltd (the parent) sold an item of plant to Bill Ltd (the subsidiary) for $12,000 on 31/12/2021.…
A: Consolidating finances: Handling intercompany transactions One of the most frequent issues with…
Q: 1. Indirect costs can be allocated to a cost centre if they: A. Can be identified wholly with the…
A: Comment - We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the…
A: The costs connected with a particular batch of goods are tallied using a job order costing system.…
Q: Parnell Company acquired construction equipment on January 1, 2020, at a cost of $70,100. The…
A: Introduction: A journal entry is used to record a company that will focus on a company's accounting…
Q: Zeke Company sells 25,900 units at $18 per unit. Variable costs are $8 per unit, and fixed costs are…
A: Contribution margin = Sales - variable cost = $18 - $8 = $10 Contribution margin ratio =…
Q: A 1 Standard Cost Card- Toy Robot 2 3 4 Direct labour 5 Production overhead 6 Standard contribution…
A: Variance are the differences between the actual and the budgeted costs. It can be classified into…
Q: Part 1 Accounting for Merchandise Inventory Purchases ournalize the following transactions of…
A: Journal Entry :— It is an act of recording transaction in accounting books. We record journal…
Q: Sabby Industries has three activity cost pools and two products. It expects to produce 2,900 units…
A: Expenses with no clear connection to production are referred to as overhead costs. In order to…
Q: Ronald has a Burger Restaurant located near a local University. The restaurant not only sells two…
A: Average contribution Margin :— It is the multiplication of sales mix and contribution margin of each…
Q: discuss the trade-off faced by FI manager in structuring the liability side of the balance sheet
A: Answer:- Balance sheet meaning:- One organization's assets, liabilities, and shareholders equity are…
Q: An auditor working with a publicly traded client learns that the client has been completing stock…
A: The answer for the question on the insider trading is discussed hereunder : What is insider trading?…
Q: Ronald has a Burger Restaurant located near a local University. The restaurant not only sells two…
A:
Q: Select the appropriate category which describes the effect of the event on a statement of cash…
A: Operating activities are the principal revenue producing activities of the enterprise and other…
Q: calculate the period required (to the nearest year) to pay off his debt. Expressing the formula and…
A: If we borrow loan, interest is charged by the lender on the outstanding amount of loan at the…
Q: Required information [The following information applies to the questions displayed below.] Organic…
A: Bank reconciliation statement: A bank reconciliation statement is a statement that reconciles the…
Q: The following information is provided for the current year: Profit for the period P1,500;…
A: Cash flows statement is one of the financial statement of business which shows all cash inflows and…
Q: Calculate the present value of the net cash outflows incurred by equipment P and Q using the 8%…
A: Present value :— Present value (PV) is the current value of a future sum of money or stream of cash…
Q: Arizona Corp. had the following account balances at 12/1/19: Receivables: $96,000; Inventory:…
A: Acquisition: acquisition: the process of obtaining something acquisition of goods and information.…
Q: Venus Pte Ltd operates a consultancy business. The following balance was from the books of the…
A: As per the guideline, the answer to the first question has been solved below. For obtaining answers…
Q: K Suppose you receive $500 at the end of each year for the next three years. a. If the interest rate…
A: Present value is the value right now of some amount of money in the future. Formula : PV = FV x…
Q: Given the following cost and activity observations for Bounty Company's utilities, use the high-low…
A: Introduction: The cost of electricity, temperature, sewer, and water ingested during a reporting…
Q: Reynold's Company has a product with fixed costs of $264,000, a unit selling price of $24, and unit…
A: Particulars $ Unit variable cost 19 Less: decrease in variable cost 2 Current unit variable…
Q: BK Corporation estimated its overhead rate for the year to be SAR 140 per direct labor hour. Job…
A: Lets understand the basics. Job costing is a technique under which cost of preparing and selling of…
Q: The FASB and IASB prefer the direct method of reporting operating cash flows on the statement of…
A: Cash Flow From Operating Activities :— Cash flow from operating Activities are the principal revenue…
Q: Gladstorm Enterprises sells a product for $46 per unit. The variable cost is $29 per unit, while…
A: Answer : Break - even point in sales unit = Fixed cost / Contribution margin per unit
Q: The first audit of the books of Swift Limited was recently carried out for the year ended December…
A: Correct Journal Entry :— Whenever wrong jeneral entry is passed in books of account due to any type…
Q: This year, Justin B.'s share of S corporation income includes $5,000 of interest income, $6,500 of…
A: The income subject to the net investment tax is the passive income earned from S Corporation.
Q: Meadow Ltd plans to close a factory in 10 months' time, when it will terminate the employment of all…
A: Termination benefits provided as a result of an entity terminating employment should be recognized…
Q: Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of…
A: Vertical Analysis of income statement :— It is the analysis of income statement where all the items…
Q: structing and Analyzing Balance Sheet Amounts from Incomplete Data Selected balance sheet amounts…
A: The balance sheet in the financial statement of the business that represents the financial position…
Q: 4. JoyT Company manufactures Maxi Dolls for sale in toy stores. In planning for this year, JoyT…
A: The variable factory overhead controllable variance is difference between the actual variable…
Q: Adjustments to Net Income-Indirect Method Ripley Corporation's accumulated depreciation-equipment…
A: Cash Flow from operating Activities :— Cash Flow from operating Activities are the principal revenue…
Q: A company incurred the following costs for a new delivery truck: Purchase price $148,000 Sales…
A: Cost of asset is the amount at which the asset is bought by the entity from the market. It, not only…
Q: J a) You are given the cost and volume information below:+ VolumeCost+ 1 unit 10 units 100 units $…
A: Variable Cost :— It is the cost that changes with change in quantity of product. It depends on…
Q: SECTION C: ANSWER ALL QUESTIONS IN THIS SECTION Walnut Ltd manufactures wardrobe and the company…
A: Margin Costing :— Marginal costing are used for internal decision making purposes (short-term). As…
You have developed a self-study certification system for those who need credit hours for recertification by your state’s social welfare office. The system operates at virtually no cost, i.e., there is no marginal cost. A
You are researching the options for pricing the courses. Your goal is to achieve maximum revenue to establish funding to maintain and update the system to reflect annual policy changes in licensing requirements.
Complete the calculations for Total Revenue by determining how many customers will purchase at each of the segment prices.
|
Online Self Certifications for Social Work License
|
|||||||
|
Certification in Online Counseling
|
Certification as a Group Home Counselor
|
Bundle
|
|||||
|
Customers
|
TR Counseling
|
TR Group Home
|
TR Bundle
|
||||
|
Segment 1
|
1000
|
$190
|
a
|
$70
|
e
|
$260
|
4a
|
|
Segment 2
|
1000
|
$150
|
b
|
$90
|
f
|
$240
|
4b
|
|
Segment 3
|
1000
|
$95
|
c
|
$160
|
g
|
$255
|
4c
|
|
Segment 4
|
1000
|
$35
|
d
|
$195
|
h
|
$230
|
4d
|
a)
b)
c)
d)
e)
f)
g)
h)
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Use the assumptions below to create calculations to determine annual and monthly revenue projections for each of the categories. Be sure to make the revenue category on the pro-forma view (above) descriptive and use your assumptions as drivers for the values calculated. Make it easy to change the assumptions to determine the impact of a change (up or down) in volume, rates and discounts. Insert lines or columns as needed. Camps and Schools require physicals before kids arrive. There are 150 camper physicals spread evenly in May and June. There are 500 school physicals, 25% in July, 65% in August, and 10% in September. The insurance companies in covering families in your community are split 50% BC/BS and 40% United Healthcare and no insurance (private pay). Your normal camper physical charge is $115. You give BC/BS an 18% discount and United Health care a 15% discount. The special promotion for campers without insurance (private pay) is $75. Camper Physical $ 115 Payor -…Mementos Academy is assessing whether to outsource its student enrolment processes. The general process followed by staff in the enrolment office is to first validate students’ prior academic record (e.g., secondary school results) and send an offer of enrolment, provide degree advice and enter students’ study program details into the student record system, and collect fees. The following table shows the costs associated with these three processes: Cost Validation Student records Fees collection Staff salaries 70,400 43,900 39,700 Data processing 9,200 32,500 7,900 Telephone 1,700 4,600 3,000 Postage - 1,500 4,000 Consumables 3,700 45,900 11,800 Electricity 1,600 3,100 3,000 Equipment depreciation 12,200 35,800 31,900 Insurance…Please provide the answer in excel with the formulas and explain he steps. The are three questions below. The bullets are the information needed to answer and solve the questions. Medical Center Hospital CEO Thomas Cleverly decided that the not-for-profit hospital needed a new revenue line to help it compete with other hospitals in the area. He envisioned a mobile medical clinic, called “Health Train,” which could travel to different neighborhoods and provide annual physical examinations for a low price. You are an MHA fellow who is assigned to the CEO’s office, and the task of doing the initial planning for this project has fallen on your shoulders. You have been able to gather the following information on the Health Train concept: An appropriate-sized bus can be purchased for $300,000; it would have a ten-year life and a 10 percent salvage value. Equipment for the bus would cost $100,000; it would have a five-year life with no salvage value. A physician to staff the Health Train…
- The president of the American Insurance Institute wants to compare the yearly costs of auto insurance offered by two leading companies. He selects a sample of 15 families, some with only a single insured driver, others with several teenage drivers, and pays each family a stipend to contact the two companies and ask for a price quote. To make the data comparable, certain features, such as the deductible amount and limits of liability, are standardized. The data for the sample of families and their two insurance quotes are reported in the table. Family Becker Berry Cobb Debuck Midstates Car Insurance $ 2,090 Gecko Mutual Insurance $ 1,610 1,683 1,247 1,402 2,327 1,830 1,367 DuBrul 930 1,461 Eckroate 697 1,789 German 1,741 1,621 Glasson 1,129 1,914 King 1,018 1,956 Kucic 1,881 1,772 Meredith 1,571 1,375 Obeid 874 1,527 Price 1,579 1,767 Phillips 1,577 Tresize 860 1,636 1,188 Click here for the Excel Data File At the 0.10 significance level, can we conclude that there is a difference in…Hardyke Group operates a local after-school recreation and activities program. The Education Department is a state governmental agency. Hardyke has an agreement with the Department to provide services to students in need for a nominal $1 per day, to be paid by the student. The government will reimburse Hardyke for the "cost" of providing daily services used by a student. The regular price to participate in the program is $6.20 per day. After analyzing its costs, Hardyke calculates that, with its operating deficit, the full cost of each student for a day is $8.70. All programs that Hardyke offers are unaffected by the number of students paying the nominal fee. Required: b. Which price would Hardyke Group prefer? Note: Enter your answer to 2 decimal places. c. Which price would the Education Department prefer? Note: Enter your answer to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. d. If Hardyke provides an average of 4,200 student-days for in-need…Hardyke Group operates a local after-school recreation and activities program. The Education Department is a state governmental agency. Hardyke has an agreement with the Department to provide services to students in need for a nominal $1 per day, to be paid by the student. The government will reimburse Hardyke for the "cost" of providing daily services used by a student. The regular price to participate in the program is $6.70 per day. After analyzing its costs, Hardyke calculates that, with its operating deficit, the full cost of each student for a day is $9.20. All programs that Hardyke offers are unaffected by the number of students paying the nominal fee. Required: b. Which price would Hardyke Group prefer? Note: Enter your answer to 2 decimal places. c. Which price would the Education Department prefer? Note: Enter your answer to 2 decimal places. Leave no cells blank - be certain to enter "O" wherever required. d. If Hardyke provides an average of 4,700 student-days for in-need…
- b. Price c. Price d. Difference Answer is complete but not entirely correct. per day per day per month $ $ $ 5.60 1.00 9,720Suppose that you have been given a summer job as an intern at Issac Aircams, a company that manufactures sophisticated spy cameras for remote-controlled military reconnaissance aircraft. The company, which is privately owned, has approached a bank for a loan to help finance its growth. The bank requires financial statements before approving the loan. Required: Classify each cost listed below as either a product cost or a period cost for the purpose of preparing financial statements for the bank. Costs Product Cost / Period Cost 1. Depreciation on salespersons’ cars. 2. Rent on equipment used in the factory. 3. Lubricants used for machine maintenance. 4. Salaries of personnel who work in the finished goods warehouse. 5. Soap and paper towels used by factory workers at the end of a shift. 6. Factory supervisors’ salaries. 7. Heat, water, and power consumed in the factory. 8. Materials used for boxing products for shipment overseas. (Units are…Suppose that you have been given a summer job as an intern at Issac Aircams, a company that manufacturessophisticated spy cameras for remote-controlled military reconnaissance aircraft. The company, which isprivately owned, has approached a bank for a loan to help it finance its growth. The bank requires financialstatements before approving such a loan. You have been asked to help prepare the financial statements andwere given the following list of costs:1. Depreciation on salespersons’ cars.2. Rent on equipment used in the factory.3. Lubricants used for machine maintenance.4. Salaries of personnel who work in the finished goods warehouse.5. Soap and paper towels used by factory workers at the end of a shift.6. Factory supervisors’ salaries.7. Heat, water, and power consumed in the factory.8. Materials used for boxing products for shipment overseas. (Units are not normally boxed.)9. Advertising costs.10. Workers’ compensation insurance for factory employees.11. Depreciation on chairs…
- The Midwest Consulting Group (MCG) helps companies build balanced scorecards. As part of itsmarketing efforts, MCG conducts an annual balanced scorecard workshop for prospective clients. AsMCG’s newest employee, your boss has asked you to participate in this year’s workshop by explainingto attendees how a company’s strategy determines the measures that are appropriate for its balancedscorecard. Your boss has provided you with the excerpts below from the annual reports of two currentMCG clients. She has asked you to use these excerpts in your portion of the workshop.Excerpt from Applied Pharmaceuticals’ annual report:The keys to our business are consistent and timely new product introductions and manufacturingprocess integrity. The new product introduction side of the equation is a function of research andd evelopment (R&D) yield (e.g., the number of marketable drug compounds created relative to thetotal number of potential compounds pursued). We seek to optimize our R&D yield…You have been commissioned to estimate the demand curve for admission to Lake Saint- Michel, a recreational fishing site in France. To do this, you spend a day surveying visitor to the site. You divide the area around the site into 3 zones. You ask each person you interview where they come from. Based on that information, and figures on annual attendance at the park, you are able to calculate the annual number of visitors from each zone. Your data are shown below. For each zone, the total travel cost 1 euro per person for each kilometer traveled to and from the site. One-Way Distance from Park Origin Total Number of Population Users (in kilometer) A 6.25 125,000 18,750 B 12.5 937,500 93,750 18.75 1,250,000 62,500 а. Express the relationship between per capita visitation rate (R) and travel cost (TC) in an equation. b. Suppose a fee were charged to enter the site. What is the per capita demand function for each origin? Please express the relationship in an equation. Calculate the number…You have been commissioned to estimate the demand curve for admission to Lake Saint- Michel, a recreational fishing site in France. To do this, you spend a day surveying visitor to the site. You divide the area around the site into 3 zones. You ask each person you interview where they come from. Based on that information, and figures on annual attendance at the park, you are able to calculate the annual number of visitors from each zone. Your data are shown below. For each zone, the total travel cost 1 euro per person for each kilometer traveled to and from the site. One-Way Distance from Park Origin Total Number of Population Users (in kilometer) A 6.25 125,000 18,750 B 12.5 937,500 93,750 18.75 1,250,000 62,500 b. Suppose a fee were charged to enter the site. What is the per capita demand function for each origin? Please express the relationship in an equation. Calculate the number of visitors and consumer surplus if no fee were C. charged to enter the park.
