1.      Process cost accounting is used when                                                                                                                                                                                                                                                        

3.In a process cost system,

1.
Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 15,000 Total units to be accounted for 40,000 How many units were started into production in Department 1?

1.Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 15,000 Total units to be accounted for 40,000How many units were transferred out to Department 2?

1 points   

1.A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory 30,000 units were started into production in January and there were 8,000 units that were 45% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for materials for the month of January?

1 points   

1.A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory 30,000 units were started into production in January and there were 8,000 units that were 45% complete in the ending work in process inventory at the end of January.What were the equivalent units of production for conversion costs for the month of January?

1 points   

1.When manufacturing overhead costs are assigned to production in a process cost system, they are debited to

1 points   

1.In the month of June, a department had 7,000 units in beginning work in process that were 90% complete. During June, 14,000 units were transferred into production from another department. At the end of June there were 1,000 units in ending work in process that were 30% complete. Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process.How many units were transferred out of the process in June?

1 points   

1.In the month of June, a department had 7,000 units in beginning work in process that were 90% complete. During June, 14,000 units were transferred into production from another department. At the end of June there were 1,000 units in ending work in process that were 30% complete. Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process.The equivalent units of production for materials for June was

1 points   

1.In the month of June, a department had 7,000 units in beginning work in process that were 90% complete. During June,14,000 units were transferred into production from another department. At the end of June there were 1,000 units in ending work in process that were 30% complete. Materials are added at the beginning of the process while conversion costs are incurred uniformly throughout the process.The equivalent units of production for conversion costs for June was

Write a fraction class whose objects will represent fractions. You should provide the following member functions:
Two constructors, a default constructor which assigns the value 0 to the fraction, and a constructor that takes two parameters. The first parameter will represent the initial numerator of the fraction, and the second parameter will represent the initial denominator of the fraction.
Arithmetic operations that add, subtract, multiply, and divide fractions. These should be implemented as value returning functions that return a fraction object. They should be named addedTo, subtract, multipliedBy, and dividedBy.
A boolean operation named isEqualTo that compares two fraction objects for equality.
An output operation named print that displays the value of a fraction object on the screen in the form numerator/denominator.
Your class should have exactly two data members, one to represent the numerator of the fraction being represented, and one to represent the denominator of the fraction being represented.
I am providing a client program for you below. You should copy and paste this into a file and use it as your client program. The output that should be produced when the provided client program is run with your class is also given below, so that you can check your results. Since you are not writing the client program, you are not required to include comments in it.
I strongly suggest that you design your class incrementally. For example, you should first implement only the constructors and the output function, and then test what you have so far. Once this code has been thoroughly debugged, you should add additional member functions, testing each one thoroughly as it is added. You might do this by creating your own client program to test the code at each stage; however, it would probably be better to use the provided client program and comment out code that relates to member functions that you have not yet implemented.
As you can see from the sample output given below, you are not required to change improper fractions into mixed numbers for printing. Just print it as an improper fraction. You are, however, required to reduce fractions, as illustrated in the sample output. Make sure that your class will reduce ANY fraction, not just the fractions that are tested in the provided client program. Fractions should not be simply reduced upon output, they should be stored in reduced form at all times. In other words, you should ensure that all fraction objects are reduced before the end of any member function. You are also not required to deal with negative numbers, either in the numerator or the denominator.
You must create your own algorithm for reducing fractions. Don’t look up an already existing algorithm for reducing fractions or finding GCF. The point here is to have you practice solving the problem on your own. In particular, don’t use Euclid’s algorithm. Don’t worry too much about efficiency, just create something of your own that works correctly on ANY fraction.
Before you submit your assignment, make sure to carefully read section 1D of the Style Conventions, “Commenting in Classes”.
Here is the client program.
#include
#include “fraction.h”
using namespace std;
int main()
{
fraction f1(9,8);
fraction f2(2,3);
fraction result;
cout << “The result starts off at “;
result.print();
cout << endl;
cout << “The product of “;
f1.print();
cout << ” and “;
f2.print();
cout << ” is “;
result = f1.multipliedBy(f2);
result.print();
cout << endl;
cout << “The quotient of “;
f1.print();
cout << ” and “;
f2.print();
cout << ” is “;
result = f1.dividedBy(f2);
result.print();
cout << endl;
cout << “The sum of “;
f1.print();
cout << ” and “;
f2.print();
cout << ” is “;
result = f1.addedTo(f2);
result.print();
cout << endl;
cout << “The difference of “;
f1.print();
cout << ” and “;
f2.print();
cout << ” is “;
result = f1.subtract(f2);
result.print();
cout << endl;
if (f1.isEqualTo(f2)){
cout << “The two fractions are equal.” << endl;
} else {
cout << “The two fractions are not equal.” << endl;
}
const fraction f3(12, 8);
const fraction f4(202, 303);
result = f3.multipliedBy(f4);
cout << “The product of “;
f3.print();
cout << ” and “;
f4.print();
cout << ” is “;
result.print();
cout << endl;
}
This client should produce the output shown here:
The result starts off at 0/1
The product of 9/8 and 2/3 is 3/4
The quotient of 9/8 and 2/3 is 27/16
The sum of 9/8 and 2/3 is 43/24
The difference of 9/8 and 2/3 is 11/24
The two fractions are not equal.
The product of 3/2 

Question

Quiz 4

Question 1 ________ tell whether or not the small business will be able to meet its maturing obligations as they come due.

Question 2 The ________ ratio is a conservative measure of a firm’s liquidity and shows the extent to which a firm’s most liquid assets cover its current liabilities.

Question 3 The break-even point occurs where:

Question 4 The most meaningful basis for comparing operating ratios is:

Question 5 ________ is/are the value of the owner’s investment in the business.

Question 6 The ________ shows what assets the business owns and what claims creditors and owners have against those assets.

Question 7 As a general rule, financial analysts suggest that a small business maintain a(n) ________ ratio of at least 2:1.

Question 8 When a company is forced into liquidation, owners are most likely to incur a loss when selling:

Question 9 The ________ is built on the basic accounting equation: Assets = Liabilities + Owner’s Equity.

Question 10 A technique that allows the small business owner to perform financial analysis by understanding the relationship between two accounting elements is called:

Question 11 The ________ ratio measures the small company’s ability to generate sales in relation to its assets.

Question 12 ________ ratios measure the financing supplied by business owners and that supplied by the firm’s creditors.

Question 13 ________ are those things that a business owns which have value.

Question 14 What is the difference between price per unit and variable cost per unit?

Question 15 The ________ ratio is a measure of the small company’s ability to pay current debts from current assets.

Question 16 ________ companies are most likely to suffer cash shortages.

Question 17 When forecasting cash disbursements in the cash budget:

Question 18 Once the owner determines an adequate minimum cash balance, what is the next step in creating a cash budget?

Question 19 ________ is simply the money owed the firm by customers because they’ve purchased goods or services on credit.

Question 20 ________ typically lead(s) sales; ________ typically lag(s) sales.

Question 21 A bank account that technically never has funds in it but is tied to another master account so that when checks are presented for payment the master account is debited, permitting the company to use its own money during the “float” period, is called a(n):

Question 22 The first step to building a workable credit policy is:

Question 23 ________ is the money that moves through the business in a continuous cycle.

Question 24 The budgeting strategy that evaluates the necessity of every item on the budget each year by starting with a zero in each budget category is called:

Question 25 A cash budget is only as accurate as the ________ forecast from which it is derived.

Question 26 Efficient cash managers:

Question 27 An arrangement in which customers mail their payments on account to a post office box which the company’s bank monitors, from which it collects the payments, and then immediately deposits the payments into the firm’s interest-bearing account is called a:

Question 28 Which of the following is an effective way to trim overhead?

Question 29The “big three” of cash management include:

Question 30 Generally speaking, most small business owners tend to:

This assignment should at a minimum contain 2,000 words of content (double spaced) and should be in APA format with at least six (6) references. Please address each question within your essay. Points will be deducted for the questions not answered. Essay should be scholarly written with sound reasoning. Essay will be submitted through turnitin for originality verification. No plagiarism!

Afterward, please write an essay addressing the following questions.

1.Which rule(s) do you live by personally? Give specific examples of how you apply the rules you identified in your life. Why do you choose these rules over others? Defend your personal position with sound reasoning.

2. Red Corp hires you to consult on an ethical issue they are facing. Red Corp recently discovered that its customer database has been hacked and published online, along with the customer database of one of its competitors, Blue Corp. Red Corp had no knowledge of or involvement with the hacking until a Red Corp employee stumbled upon the files published on the internet. Blue Corp and Red Corp have always operated with respect for one another, with no prior instances of underhandedness. Red Corp doesn’t believe that Blue Corp has discovered the hacking yet, but it believes that if Blue Corp does discover it (or if Red Corp tells Blue Corp about it), Blue Corp will almost certainly use Red Corp’s customer information against it (i.e. try to steal Red Corp’s customers). What do you advise Red Corp to do? Use the information and go after Blue Corp’s customers? Ignore it and hope that Blue Corp doesn’t find it? Something else? On which of the rule(s) discussed in the Sagan essay do you base your recommendations, and why?

3. Suppose that Red Corp decides to use the database, and begins under-bidding Blue Corp and taking its customers. Witnessing this, Blue Corp investigates and discovers the customer databases (both Blue Corp’s and Red Corp’s) online. If Blue Corp does nothing, it believes that Red Corp will continue to steal customers. Blue Corp hires you to consult on a response. What do you advise Blue Corp to do? Retaliate? Ignore the information and the attack by Red Corp? Something else? On which of the rule(s) discussed in the Sagan essay do you base your recommendations, and why?

4. Did you rely on the same rules in your advice to question #1 and #2?

If you did, can you think of a different set of circumstances in which you would have given different advice (and relied on different rules)?

If you did not, why not? How were these situations different such that the difference caused you to change your basis of morality?

IMPORTANT NOTE: For the sake of these questions, you may assume that the published customer databases cannot be removed from the internet, and that law enforcement cannot help. While in reality, these options would be perfectly reasonable, they aren’t relevant to the purpose of the assignment.