Healthcare administration assignment. 5-6 pages

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Before starting this assignment, please view these few videos:

Chronic Diseases: Everyone’s Business
https://www.youtube.com/watch?v=da8iw9hvQX4

What Is The Definition Of Chronic disease – Medical Dictionary Free Online 
https://www.youtube.com/watch?v=lIfiYMvEcg8

The Impact and Risk of Chronic Disease
https://www.youtube.com/watch?v=XAQGyH0q4aw

Case Assignment

The following items/requirements/questions will be assessed in particular:

1.  Discuss what is meant by a chronic condition.

2.  The nature of chronic illness and the obstacles to ensuring quality care.

3.  The steps taken to improve quality care.

4.  What works and what does not.

5.  Your recommendations for further or continued improvements.

CRITICAL THINKING is important for this assignment! Please include evidence of analysis/evaluation/application!!!! 

Assignment Expectations

1.  Support your assignment with peer-reviewed articles, with at least 3-4 references. Use the following link for additional information on how to recognize peer-reviewed journals: http://www.angelo.edu/services/library/handouts/peerrev.php

2.  You may use the following source to assist in your formatting your assignment: https://owl.english.purdue.edu/owl/resource/560/01/.

3.  For additional information on reliability of web sources review the following document: https://www.edb.utexas.edu/petrosino/Legacy_Cycle/mf_jm/Challenge%201/website%20reliable.pdf.

4.  Cite all sources and provide a reference list at the end of your paper.

5.  LENGTH: 5-6 Pages

Business management liability scenario

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Business management liability scenario

The following is a Business management liability scenario. Widget’s, Inc., a fictional company, has a flourishing lawncare business. The business has two full-time employees who have been with the company for five years. All employees are trained on using the lawn equipment and have signed a waiver-of-liability contract limiting liability for the company. The owner, Brian, told his employees not to worry—that the company would protect them if they got hurt.

One employee, Lori, was on the job cutting a lawn. Lori was riding a mower, a Ferrari 2000, which was three years old and in good working condition. The step-up on the mower had writing on it with a warning sticker that read, “Replace the sandpaper liner for traction every three years due to normal wear and tear.”  It was replaced every three years. Lori stepped down off the rider, slipped because of moisture from the grass, and severed her pinky toe on the mower blade.

When she fell to the ground, the mower continued through the grass and proceeded by itself to cut and mulch a neighbor’s prize roses. Peta, the neighbor, was preparing for a rose competition with a potential grand prize of $10,000.

Business management liability scenario

Write a 2-3 page paper answering the questions below. Remember to identify and explain the law and then justify your answers to the questions pursuant to the scenario:

  1. Pursuant to contract law, is the waiver of liability legal and do Brian’s verbal assurances become part of the contract? Why or why not?
  2. Does Peta have a product liability case against the mower manufacturer Ferrari for a design defect, manufacturing defect, or failure-to-warn defect?
  3. Does Lori have a claim for her injuries and can she recover pain and suffering damages or worker’s compensation?

Your assignment must follow these formatting requirements:

  • This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.
  • Typed, double-spaced, using Times New Roman font (size 12), with 1-inch margins on all sides.
  • Include a cover page with your name and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcome associated with this assignment is as follows:

 

Assignment 2

  • You must complete two ethnographic film assignment worth 20 points each.  To do this you must watch two of the following documentary videos and prepare a report that describes the main points and most interesting parts of the film, and answers all of the questions about the video as specified below under “video questions2010” link.

    You must watch 2 of the videos here.  there are links to three of the videos below (Fast Runner, Ten Canoes, Dead Birds) , to watch for free online, but the others are easily available online through different sources (Amazon Prime, Netflix, Hulu, many others).  I cant provide links to each possible video because they change each semester, and many of you have sources that I cant access.  Use your skills on the internet to find a streaming site and watch two of these.  You need to watch two of them and submit a separate video assignment for each one — submit both Ethnographic Film assignments 1 & 2. Write a short essay with the answers to the video questions embedded into your essay (number them). Save this as an msWord document file or pdf file and then submit below.  Here are the questions you must answer in your essay to get credit for the ethnographic film assignment.

Assignment 3

The New Safety Program 

At first glance, a dot-com company is one of the last places you’d expect to find potential safety and health hazards—or so the owners of LearnInMotion.com thought. There’s no danger of moving machinery, no high-pressure lines, no cutting or heavy lifting, and certainly no forklift trucks. However, there are safety and health problems.

A word document containing your responses to the four (3) questions occurring at the end of the case study.

  1. How should the firm go about identifying hazardous conditions that should be rectified? Use checklists such as those in Figures 16-6 and 16-8 to list at least 10 possible dry cleaning store hazardous conditions.
  2. Would it be advisable for the firm to set up a procedure for screening out accident-prone individuals? How should they do so?
  3. How would you suggest the Carters get all employees to behave more safely at work? Also, how would you advise them to get those who should be wearing goggles to do so?

Gastrointestinal case study | Nursing homework help

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Gastrointestinal Case Study

The following is a Gastrointestinal case study. CF is a 48-year-old man who presents for evaluation of heartburn. He denies current tobacco use but has a history of one ppd for 15 years. He consumes a glass of wine nightly, more on the weekends. He has a sedentary job.

He reports a burning feeling in his chest after eating. It is worse when he eats spicy foods or tomato sauce. He is sometimes awakened at night with these symptoms. He has tried over-the-counter antacids and histamine H2 receptor antagonists (H2RAs) with partial relief. He is on no regular medications. His examination today is normal. An upper gastrointestinal (GI) X-ray series reveals gastroesophageal reflux.

https://www.everydayhealth.com/digestive-health/common-digestive-conditions-from-top-bottom/

  1. What lifestyle modifications do you recommend for CF?
  2. Describe a rational drug choice for this patient. Be specific regarding what factors you would consider. Include pharmacokinetic and dynamic considerations for the pharmacological choices made. Also consider interactions and side effects.
  3. What counseling points about this medication do you give CF?

APA format,  Cite three or more references, using at least one new scholarly resource that was not provided in the course materials.

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Criminal Homework Help

Prior to beginning work on this discussion, read Chapters 1 and 2 of the course textbook.

This discussion will help you think about the varied research approaches and how they can be applied based on certain world views or the nature of the groups you wish to research. By choosing the best approach from the start, researchers are much more likely to get the best results to answer research questions. In your initial post, address the following:

  • Select a research topic that interests you and also is an important social problem. Then, use the four combinations of worldviews, designs, and research methods in Figure 1.1 of Chapter 1 of the course text to discuss a project involving your selected research topic that brings together worldview, designs, and methods. Identify whether this would involve quantitative, qualitative, or mixed-methods research.
  • Using the research project you have described above, state the essence of this study in one sentence and then write your research title. By doing this, you focus on the key elements of the study.
  • Explain the key elements of your proposed study: What is the social problem? Which identity group in society is most affected by this social problem? Is there a particular place or other unique aspect which is important to note about your study?
  • Next, list three keywords related to your topic and use these keywords to do a database search for journal articles on the topic in the University of Arizona Global Campus Library. Indicate the three keywords in your post and list an example of a journal article found for each key word. (Note: Each journal article found must be listed in APA format.) Indicate if you needed to adjust your keywords in order to locate appropriate journal articles for your study, and explain that process.

Powerpoint Presentation Homework

Please use the attached DNP-DPI Project and Sample PowerPoint to complete this assignment

In this topic, you will participate with your full DPI Committee in the DPI Completed Project – Defense PowerPoint and Call. This meeting requires that you present your finalized DPI Project in PowerPoint form.

General Requirements:

Use the following information to ensure successful completion of the assignment:

· Remember to use the appropriate forms and templates (if required) for completing this assignment. These are available in the DNP PI Workspace in the DC Network.

· Locate the “Preparing for Your Final Direct Practice Improvement Project Defense” resource in the DNP-965 folder of the DNP PI Workspace of the DC Network.

· Locate the “DNP-965 Final Defense PowerPoint Template,” located in the DNP-965 folder in the DNP PI Workspace of the DC Network.

· Doctoral learners are required to use APA style for their writing assignments. The APA Style Guide is located in the Student Success Center.

· This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

· You are not required to submit this assignment to LopesWrite.

Directions:

Completing the Benchmark – DPI Completed Project – Defense PowerPoint and Call is the required deliverable to progress through the DPI Project implementation and completion phases.

1. Use the “DNP-965 Final Defense PowerPoint Template,” located in the DNP-965 folder of the DNP PI Workspace in the DC Network, to create a PowerPoint presentation of your Final DPI Completed Project to be used during your DPI Completed Project – Defense PowerPoint and Call.

2. Attach a copy of the potential poster presentation concept for your DPI Project as per the format you and your DPI chairperson predetermined; the Benchmark DPI Completed Project – Defense PowerPoint and Call submission is incomplete without this element.

 

Forecasting impacts to an organization

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Forecasting impacts to an organization

Unit 2: Discussion

Introduction

Forecasting impacts to an organization. As production manager last unit in the Kibby and Strand simulation you gained insights into how raw materials were turned into finished goods. This unit you will learn more about the front end of the operational process employed by the company. Specifically, you will learn how to manage suppliers who provide the raw materials used in the production of the company’s textile products. Some challenges you will face are: 1) which suppliers provide the best quality raw materials; 2) which suppliers are the most reliable; and 3) which suppliers have the most competitive prices.

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The simulation scenario will pose many opportunities for decision making and forecasting, and if you make a poor decision regarding suppliers it will impact the ability of Kibby and Strand to meet its contractual obligations, leading to dissatisfied customers. Since customer satisfaction weighs heavily on future contracts, you can’t simply make the best decision for the moment, but rather the best decision for the long haul. This scenario provides a realistic illustration of the issues textile companies face across the U.S. It’s extremely important that operations professionals have an above average comfortable level when it comes to establishing grounded assumptions and conducting and interpreting financial and operational forecasts. In its simplest form, forecasting is a process that represents an “educated guess”. In business, we use time series methods, the indicator approach, or regression analyses to forecast the nature of a situation or future values. The data we observe when forecasting fall into one of four types: trended patterns, seasonal patterns, cyclical patterns, or irregular patterns (Kros & Brown, 2013). Forecasting models are used to predict consumer demand, which, in turn, aids management in forecasting staffing requirements. In addition, to demand forecasts, management routinely engages in financial forecasting, which includes, but is not limited to: sales growth, economic predictions, and forecast future cash flows. In order to perform forecasts, it’s important that the management team signoff on the underlying assumptions used to complete these analyses, such as population growth and technology development. The following represents the typical steps one undertakes when preparing for and conducting a forecast (Investopedia, n.d.):

1. A problem or data point is chosen. This can be something like “will people buy a high-end coffee maker?” or “what will our sales be in March next year?”

2. Theoretical variables and an ideal data set are chosen. This is where the forecaster identifies the relevant variables that need to be considered and decides how to collect the data.

3. Assumption time. To cut down the time and data needed to make a forecast, the forecaster makes some explicit assumptions to simplify the process.

4. A model is chosen. The forecaster picks the model that fits the data set, selected variables and assumptions.

5. Analysis. Using the model, the data is analyzed and a forecast made from the analysis.

6. Verification. The forecaster compares the forecast to what actually happens to tweak the process, identify problems or in the rare case of an absolutely accurate forecast, pat himself on the back.

Sources:

Kros, J. F., & Brown, E. (2013). Health Care Operations and Supply Chain Management.  San Francisco, CA: John Wiley & Sons.

http://www.investopedia.com/articles/financial-theory/11/basics-business-forcasting.asp (Links to an external site.)

Unit Learning Outcomes

1. Develop a plan for forecasting impacts to an organization’s bottom line. (CLO 1, 2, 4, and 7)

2. Demonstrate how to perform forecasting using data and statistics. (CLO 4 and 5)

3. Identify trends and patterns in data as they apply to forecasting. (CLO 1, 3, 5, and 7)

4. Develop a data collection plan that will permit the creation of an accurate and reliable forecasting model. (CLO 3, 4, and 5)

Directions

Accessing McGraw-Hill Connect

Follow these steps to view the scenario.

Initial Posting

Go to McGraw-Hill Practice Operations to view the scenario.

1. Click the “McGraw-Hill Connect” tab in the course navigation menu.

2. Click the McGraw-Hill Practice Operations link.

Students are to complete Module 3, Forecasting and Contracts (Scenario) in Practice Operations. Based on their observations in this scenario, and upon a careful review of the available literature, the student is to consider him or herself to be the Production Manager of Kibby and Strand, the company in the scenario.

Create a forecasting plan to forecast production output for Kibby and Strand.  The plan should include forecasting objectives, the data to be used in forecasting, and the quantitative methods the staff is to use in creating the production output forecast.

Instruction Guidance: It would be prudent to consider content covered in chapter 3 of the textbook; however, there are many other useful resources available on the Internet and in the literature to support the construction of your action plan.

This forecasting plan should be prepared as a single Microsoft Word document, and then attached to the unit discussion thread. There is no minimum or maximum in terms of the word count; however, the response should explicitly address all required components of this discussion assignment. The document should be prepared consistent with the APA writing style and reflect higher level cognitive processing (analysis, synthesis and or evaluation).

Nursing homework help

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Nursing homework help

Develop a FlexPath preparation plan to help you feel confident and ready to begin your FlexPath program.

It’s important to begin any new endeavor feeling confident in your ability to be successful, and knowing the resources and support you can turn to when you need them.

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By successfully completing this assessment, you will demonstrate proficiency in the following course competency and assessment criteria:

  • Competency 1: Demonstrate readiness to begin a FlexPath program.
    • Discuss potential challenges of being a FlexPath learner and ways to address them.
    • Describe how to use personal skills, knowledge, and reasons for choosing FlexPath to be a successful FlexPath learner.
    • Explain how the resources provided by Capella can assist in being a successful FlexPath learner.
    • Identify topics to discuss with a FlexPath Coach.

What’s your plan? The beginning of a degree program is full of excitement as you consider what the future may hold for you. Completing this assessment will help you channel that excitement into a realistic plan to be as prepared as possible for your new role—that of a successful FlexPath learner.

Although the preparation and directions listed below are specific to this assessment, the process they lead you through is similar to what you will do in every FlexPath academic course.

Preparation

To prepare for this assessment:

  • Review the FlexPath Prep Plan Scoring Guide to see the criteria by which this assessment will be evaluated.
  • Review the FlexPath Prep Plan template.
  • Estimate the time it will take you to complete your plan and then set your target date.
    • Remember that you should plan to submit the assessment no later than the Tuesday prior to the date your first academic course starts.
    • Give yourself plenty of time to thoughtfully consider the questions it poses and draft your responses. Although you will submit your plan for evaluation in this practice course, remember that you are creating the plan to use as you begin your first academic course. The more thought you put into it, the more useful it will be.

Instructions

Step 1: Complete the assessment

Open the FlexPath Prep Plan template:

  • Use the template to complete your assessment. Type your responses within the spaces provided in the template.
  • Save your work as a Word document using the file naming conventions listed in the Assessments Attempt tab.
Step 2: Review your work

Review your work before submitting the plan. Do you see anything you want to change or add? Is the grammar and spelling correct? Revise the plan until you are satisfied with it and review the FlexPath Prep Plan Scoring Guide to be sure you have met the criteria.

Wk1 dq – managerial economics

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Discussion Question 1 – CLO 1   

Please read chapters One & Two of your textbook and demonstrate your understanding of The Fundamentals of Managerial Economics by answering the following questions:

Jamie is considering leaving her current job, which pays $75,000 per year, to start a new company that develops applications for smartphones. Based on market research, she can sell about 50,000 units during the first year at a price of $4 per unit. With annual overhead costs and operating expenses amounting to $145,000. Jamie expects a profit margin of 20 percent. This margin is 5 percent larger than that of her largest competitor, Apps, Inc. 

1. If Jamie decides to embark on her new venture, what will her accounting costs be during the first year of operation?

     – Her company’s implicit costs? 

     – Her company’s opportunity costs? 

2. Suppose that Jamie’s estimated selling price is lower than originally projected during the first year. How much revenue would she need in order to earn:

3. Positive accounting profits? 

4. Positive economic profits

Note: 

1. Define the words in your own words. Do not directly quote from the textbook.

2. Need to write at least 2 paragraphs

3. Need to include the information from the textbook as the reference.

4. Need to include at least 2 peer-reviewed articles as the reference.

5. Need to provide examples whenever applicable.

6. Please find the related PowerPoint and textbook in the attachment. 

7.  Please answer each of the following questions in detail and provide in-text citations in support of your argument. Include examples whenever applicable. 

8. Please find the Course Learning Outcome list of this course in the attachment. 

Textbook Information:

Baye, M. R., & Prince, J. T. (2017). Managerial economics and business strategy (9th ed.). McGraw-Hill Education

ISBN 9781259290619

Clc – tyronco coso case study template

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  JUST NEED HELP WITH Part 2: Purchasing Department and Part 3: Audit Steps

CLC – Tyronco COSO Case Study Template

The case study used this assignment is being used with permission from Internal Auditing Foundation (IIA).

Directions: After reviewing “The Tyronco Foundation COSO” case study, use this template to complete the Topic 1 assignment.

Requirements

The audit programs that you will develop should have two sections to facilitate a top-down audit approach:

1. Organization

COSO Evaluation

2. Purchasing

COSO Evaluation

This approach is suggested because the organization’s evaluation of risk, controls, and corporate governance are the foundation for the audit of the purchasing function.

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Part 1: Develop a COSO-Based Audit Program 

Based on the background information provided in the case study document, develop a COSO-based audit program. The audit program should address the following COSO objectives as applicable:

1. Operational:

Effectiveness and efficiency of operations.

2. Financial:

Reliability of information.

3. Compliance:

Compliance with applicable laws and regulations.

The organization audit program should be classified to align with the five COSO components:

1. Control Environment

2. Risk Assessment

3. Control Activities

4. Monitoring

5. Information and Communication

To provide a consistent framework for comparing solutions, use the following component subsections:

1. Control Environment 

Integrity and ethical values

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Commitment to competence

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Board and audit committee

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Management philosophy and operating style

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Organization structure

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Assignment of authority and responsibility

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Human resource policies and practices

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

2. Risk Assessment

Companywide objectives

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Process-level objectives

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Risk identification

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Managing change

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

3. Control Activities 

Policies and procedures

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Segregation of duties

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Periodic reconciliation

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Proper authorization

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Transactions recorded

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Safeguarding assets

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

4. Information and Communication 

Quality of information

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Effectiveness of communication

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

5. Monitoring 

Ongoing monitoring

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Evaluation process

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Reporting control and process deficiencies

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Change management process

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

 

Part 2: Purchasing Department 

Identify the five major risks in the purchasing department. List the controls you would expect to find to mitigate the risks and the audit steps that would be utilized to ascertain that the control mitigates the risk.

Purchasing

Risk

At   Risk

Control

COSO Classification

Audit Step

1.

2.

3.

4.

5.

Part 3: Audit Steps

List one or two audit steps that you would perform in each of the six listed sections:

Procurement Audit

General

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Requisitioning

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Purchasing

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Receiving

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Invoice Processing

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Accounts Payable, Encumbrances, or Obligations

A. ________________________________________________________________________

________________________________________________________________________

B. ________________________________________________________________________

________________________________________________________________________

Part 4: Risks Related to Tyronco

List five major risks specifically related to Tyronco. What would be your five major areas of concern as an internal auditor?

1. ________________________________________________________________________

________________________________________________________________________

2. ________________________________________________________________________

________________________________________________________________________

3. ________________________________________________________________________

________________________________________________________________________

4. ________________________________________________________________________

________________________________________________________________________

5. ________________________________________________________________________

________________________________________________________________________

Discussion

The topics must be aligned to the weekly learning outcomes specified at the beginning of this week:

intellectual disability,

  • Identify data collection and data analysis tools appropriate for student observations.

OR

  • Describe observational assessment guidelines for the classroom/learning environment.

You must develop and post one substantive post that is open ended, draws on the interest and experience of your classmates in this course, and is directly related to the learning outcomes as indicated above.

Text

Cohen, L. G., & Spenciner, L. J. (2009). Teaching students with mild and moderate disabilities: Research-based practices (2nd ed.). Upper Saddle River, NJ: Pearson Education.

Mendel paper company | Accounting homework help

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Case: Mendel Paper Company

Mendel Paper Company produces four basic paper product lines at one of its plants: computer paper, napkins, place mats, and poster board. Materials and operations vary according to the line of product. The market has been relatively good. The demand for napkins and place mats has increased with more people eating out, and the demand for the other lines has been growing steadily.

The plant superintendent, Marlene Herbert, while pleased with the prospects for increased sales, is concerned about costs:

“We hear talk about a paperless office, but I haven’t seen it yet. The computers, if anything, have increased the market for paper. Our big problem now is the high fixed cost of production. As we have automated our operation, we have experienced increases in fixed overhead and even variable overhead. And, we will have to add more equipment since it appears that we need even more plant capacity. We are operating over our normal capacity as it is.

The place mat market concerns me. We may have to discontinue printing the mats. Our specialty printing is driving up the variable overhead to the point where we may not find it profitable to continue with that line at all.”

Cost and price data for the next fiscal quarter are as follows:

 

Computer paper

Napkins

Place mats

Poster board

Estimated sales volume in units

30,000

120,000

45,000

80,000

Selling prices…………….

     $14.00

      $7.00

     $12.00

      $8.50

Materials costs…………

       6.00

       4.50

       3.60

        2.50

Variable overhead includes the cost of hourly labor and the variable cost of equipment operation. The fixed plant overhead is estimated at $420,000 for the quarter. Direct labor, to a large extent, is salaried; the cost is included as a part of fixed plant overhead. The superintendent’s concern about the eventual need for more capacity is based on increases in production that may reach and exceed the practical capacity of 60,000 machine hours.

In addition to the fixed plant overhead, the plant incurs fixed selling and administrative expenses per quarter of $118,000.

“I share your concern about increasing fixed costs,” the supervisor of plant operations replies. “We are still operating with about the same number of people we had when we didn’t have this sophisticated equipment. In reviewing our needs and costs, it appears to me that we could cut fixed plant overhead to $378,000 a quarter without doing any violence to our operation. This would be a big help.”

“You may be right,” Herbert responds. “We forget that we have more productive power than we once had, and we may as well take advantage of it. Suppose we get some hard figures that show where the cost reductions will be made.”

Data with respect to production per machine hour and the variable cost per hour of producing each of the products are given as follows:

 

Computer paper

Napkins

Place mats

Poster board

Units per hour

6

10

5

4

Variable overhead per hour

 $9.00

  $6.00

 $12.00

  $8.00

“I hate to spoil things,” the vice-president of purchasing announces. “But the cost of our materials for computer stock is now up to $7. Just got a call about that this morning. Also, place mat materials will be up to $4 a unit.”

“On the bright side,” the vice-president of sales reports, “we have firm orders for 35,000 cartons of computer paper, not 30,000 as we originally figured.”

Questions:

  1. From all original estimates given, prepare estimated contribution margins by product line for the next fiscal quarter. Also, show the contribution margins per unit.
  2. Prepare contribution margins as in part (1) with all revisions included.
  3. For the original estimates, compute each of the following:
    (a) Break-even point for the given sales mix.
    (b) Margin of safety for the estimated sales volume.
  4. For the revised estimates, compute each of the following:
    (a) Break-even point for the given sales mix.
    (b) Margin of safety for the estimated sales volume.
  5. Comment on Herbert’s concern about the variable cost of the place mats.

 

Motion problems 5. a hiker climbs a mountain path at the rate of 2

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Motion Problems

5. A hiker climbs a mountain path at the rate of 2 miles per hour. Following the same path down

the mountain, the hiker has a rate of 4 miles per hour. If the round trip took 3 hours, how far is

it from the top to the bottom of the mountain?

6. A man leaves the town of Elmsville at 8:00 am and drives to Oak City at a constant rate of 50

miles per hour. Two hours later, a woman leaves Elmsville following the same route to Oak

City. The man and woman arrive in Oak City at 3:00 p.m. What was the rate of the woman?

How far is Elmsville from Oak City?

P15-26a comparative financial statement data of danfield, inc.,

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Comparative financial statement data of Danfield, Inc., follow: Danfield, Inc. Comparative Income Statement Years Ended December 31, 2012 and 2011  20122011 Net sales467,000428,000 Cost of goods sold237,000218,000 Gross profit230,000210,000 Operating expenses136,000134,000 Income from operations94,00076,000 Interest expense9,00010,000 Income before income tax85,00066,000 Income tax expense24,00027,000 Net income61,00039,000      Danfield, Inc.  Comparative Balance Sheet Years Ended December 31, 2012 and 2011    20122011 2010*  Current assets:         Cash             97,000            95,000  Current receivables, net           112,000          118,000          102,000 Inventories           145,000          163,000          203,000 Prepaid expenses             12,000             5,000  Total current assets           366,000          381,000  Property, plant, and equipment, net           211,000          179,000  Total assets           577,000          560,000          598,000     Total current liabilities           225,000          246,000  Long-term liabilities           114,000            97,000  Total liabilities           339,000          343,000  Preferred stock, 3%           108,000          108,000  Common stockholders’ equity, no par           130,000          109,000  Total liabilities and stockholders’ equity           577,000          560,000     * Selected 2010 amounts       1. Market price of Danfield’s common stock: $86.58 at December 31, 2012 and $46.54 at December 31, 2011.2. Common shares outstanding: 12,000 during 2012 and 10,000 during 2011 and 2010.3. All sales on credit.       Requirements   1.  Compute the following ratios for 2012 and 2011:  a.  Current ratio   b.  Times-interest-earned ratio   c.  Inventory turnover   d.  Gross profit percentage   e.  Debt to equity ratio   f.  Rate of return on common stockholders’ equity  g.  Earnings per share of common stock  h.  Price/earnings ratio