How much was ABC Company’s cost of goods manufactured in September?

Accounting Assignment 5

PART-1

The following information is from ABC Company’s general ledger for the month of September: Beginning and ending finished goods inventory, respectively, were 63,000 and 57,000. Cost of goods sold for September was $146,000.

Required:

How much was ABC Company’s cost of goods manufactured in September?

Cost of goods manufactured  

 

 

PART-2

Maryville Incorporated incurred the following costs during June:

Raw materials used $ 331,000
Direct labor 652,000
Manufacturing overhead, actual 448,000
Selling expenses 267,000
Administrative expenses 194,000
Interest expense 91,000

During the month, 53,000 units of product were manufactured and 48,000 units of product were sold. On June 1, Maryville carried no inventories. On June 30, there were no inventories other than finished goods.

Required:

a. Calculate the cost of goods manufactured during June and the average cost per unit of product manufactured.

b. Calculate the cost of goods sold during June.

c. Calculate the difference between cost of goods manufactured and cost of goods sold. How will this amount be reported in the financial statements?

d. Prepare a traditional (absorption) income statement for Maryville for the month of June. Assume that sales for the month was $2,448,000 and the company’s effective income tax rate was 30%.

Complete this question by entering your answers in the tabs below.

a. Calculate the cost of goods manufactured during June and the average cost per unit of product manufactured. b. Calculate the cost of goods sold during June.

Determine the variance of the data. Show your work.

1. The time (in minutes) spent stopped in rush-hour tra¢ c by 18 drivers was recorded and is tabulated
below. 50 52 49 53 53 58 40 30 41
62 61 51 60 71 59 64 22 35
Determine the following:
(a) Determine the mode of the data.
(b) Determine the range of the data.
(c) Determine the mean of the data. Show your work.
(d) Determine the variance of the data. Show your work.
(e) The standard deviation of the data.
(f) Determine the 70th percentile of the data. Show your work

2(g) Determine the Five-Number Summary of the data. Show your work.
(h) Construct a box plot for the data.

Provide at least 2 examples for each one of the four factors that shows how Ted Bundy meets these features of psychopathy.

Case Study # 1

You are being given a printed copy of background and case study information on Ted Bundy. Please read through the materials provided and then respond to the following questions on a separate sheet of paper. Your responses should be typed in 12 point font and double spaced. Please place your name at the top of the page; it is not necessary to create a cover page.

1. Please refer to Table 7-1 in your textbook. It is titled Psychopathic Behaviors Identified by Hare and Cleckley. After reading through the background information you are to choose FIVE of the behaviors from the Hare PCL Checklist and FIVE of the behaviors from the Cleckley’s Primary Psychopath Description list and provide examples of how Ted Bundy meets each of those criteria.

For example (and you cannot use this specific one): According to Cleckley one of the characteristics of psychopaths is that they tend to be intelligent and Bundy graduated with a degree in psychology and attended Law School.

You also must choose ten total different characteristics. For example, do not choose pathological lying from the Hare scale and Untruthfulness from the Cleckley list and then use the same example for both. I want 10 different behaviors. (This section is worth 30 points).

2. For this question please refer to Table 7-2 titled Summary of the Four Hypothesized Core Factors of Psychopathy. Provide at least 2 examples for each one of the four factors that shows how Ted Bundy meets these features of psychopathy. You should have a total of 8 answers when you are done. (This section is worth 16 points).

3. Review the definitions of primary psychopaths, secondary psychopaths and dissocial psychopaths. Based on these definitions as well as your evaluation of Bundy in the previous two questions, identify which type of psychopath you believe Bundy to be and why? Again provide some evidence based on what you have learned about his case and what the requirements are for the type of psychopath you determine him to be. (This section is worth 4 points).

Develop a report that analyzes one company’s approach to multinational expansion.

Economic Environments and Risk Mitigation

Overview: This milestone will help you complete Sections II and III of the final project.

Prompt: Develop a report that analyzes one company’s approach to multinational expansion. Include financial factors such as economic environments and market conditions, risk mitigation strategies, and ethical and legal practices.

Specifically, the following critical elements must be addressed:

II. Economic Environments and Market Conditions C. Explain the role of international financial markets and institutions in global environments in evaluating their impact on the company’s risk

management strategies. D. Analyze impacts of exchange rate on the company’s performance for determining if a loss occurred because of fluctuations or devaluations of

foreign currencies. Provide examples from the past year to support your claims.

III. Risk Mitigation: Examine sources of risk and risk reduction methods available to multinational corporations. Use the 2007–2008 annual report and the most current annual report to support responses in this section.

B. Discuss risks and financial factors associated with exchange rates and interest rates for assessing how they inform the company’s financial management approaches.

C. Discuss diversification in the company’s expansion model for examining advantages or disadvantages, and provide examples and financial information from the past year to support claims.

D. Discuss company strategies before and after the 2007–2008 crisis for determining possible reasons for the company’s current financial performance. Provide examples to support your claims.

Is there a difference between a manager and a leader?
  1. Is there a difference between a manager and a leader?
  2. Can someone be a leader in an organization without being a “manager?”
  3. Do you consider yourself a leader, or do you aspire to be a leader? Describe your experiences as a leader or your desire to become a leader.
  4. Who is someone you see as a leader that inspires you? What is it about them that makes them a leader?
  5. Your responses should be 7-10 sentences, with proper spelling and grammar.
What influence from Islamic religion and culture do you see?

● After reading about Islamic art, explain the characteristics of Islamic art that you find in this room from a building in Yemen. (If you have trouble opening the virtual tour on your computer, try this 360 degree view of one of the world’s most famous mosques instead.)

● What influence from Islamic religion and culture do you see? It might help to contrast this decoration to what you might find in a wealthy European or American home in the early 1900s. (Half page response)

 

Compare the example of variances and/or stakeholders impacted that your colleague described to your own professional experience.

Respond to  two or more of your colleagues’ posts in one or more of the following ways: (Respond to each Colleague post with 150 words or more)

· Compare the example of variances and/or stakeholders impacted that your colleague described to your own professional experience.

· Based on your colleague’s explanation of how understanding the variances in their situation could have helped them make better decisions as a manager, provide a key takeaway that you could apply to your own managerial decision making in the future.

Return to this Discussion in a few days to read the responses to your initial posting. Note what you have learned or any insights you have gained as a result of the comments your colleagues made.

Describe whether you agree or (respectfully!) disagree with what your peer posted, making sure to provide explanation for your opinions.

Here’s are the articles:

https://www.nytimes.com/2010/08/29/magazine/29language-t.html

https://www.chronicle.com/article/your-brain-on-metaphors/

 

Once you have read the articles you need to:

Post  at least 5 original comments (50 words each) and  at least 3 peer response comments (50 words each).

Remember that to obtain full credit, at least one original comment and one peer comment must appear in response to  both texts  included for this week.

Your original comments should do one or more of the following:

· Comment on how a particular part of the text connects to another part of the text, the other text, or to a textbook chapter.

· Comment on a particular part of the text that you find especially interesting and explain what you find interesting about these ideas.

· Ask a question related to a particular part of the text that you want your peers to respond to, perhaps because you think this is an interesting part and you’re interested in other’s thoughts or because you want some clarification.

· Make a connection between the text and recurring themes we are addressing in the course, especially if the text changes or gives you new insights into these themes.

· Make a connection between a particular passage from the text and your own experiences. These experiences might be cultural, personal, academic, professional, or something else.

*Somehow, I need to see what part of the text in the article you are commenting on.

i.e., screen shot of highlighted area or copy and paste the sentence/paragraph you are commenting on. If I don’t see this, I will mark your work zero .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Below are the peer response comments. Respond and make it clear to me to which person you are replying to. i.e., screen shot of highlighted area or copy and paste the peer comment picture to your writing. If I don’t see this, I will mark your work zero .

Your peer response comments should do one or more of the following:

· Add to what your peer has posted, building on their ideas by offering additional insights or perspectives.

· Describe whether you agree or (respectfully!) disagree with what your peer posted, making sure to provide explanation for your opinions.

· Comment on how your peer has presented an idea that you did not originally consider and the ways in which their comment has impacted your understanding.

· Ask your peer a question in response to their comment, perhaps inviting them to consider an additional perspective or explain more about their ideas.

· Present an alternate perspective than what your peer presented, making sure to provide explanation to support your thoughts.

Explain Kelly’s concept of constructive alternativism. 
  1. Define self-efficacy.
  2. What is a self-system in Bandura”s theory?
  3. List and explain Bandura’s four processes that influence learning.
  4. Explain Kelly’s concept of constructive alternativism.
  5. Why do we make the choices we do, according to Kelly’s choice corollary?
  6. Explain what Rogers meant by the actualizing tendency.
  7. Discuss Rogers’s idea that people are basically good.
  8. List and explain the characteristics of a fully functioning person according to Rogers.

9.   Why do we call  Rogers’s theory a client centered theory?