Feathered Nests produces decorative birdhouses- The companys average t.docx

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Feathered Nests produces decorative birdhouses. The companyâ€™s average total cost per unit is $20.00 when it produces 2,000 birdhouses. If $4704 of the costs are fixed, and the plant manager uses the cost equation to predict total costs, his forecast for 2233 birdhouses will be: (Input your number without dollar signs or commas. Round your final answer to the nearest whole number. DO NOT round any numbers in doing your calculations other than your final answer) Solution Solution: Total cost per unit = $ 20 per unit Total Cost = Fixed Cost + Variable cost per unit Total cost for 2,000 birdhouses = $ 20 * 2,000 birdhouses = $ 40,000 Fixed cost = $ 4,704 Variable cost per unit = $ 40,000 - $ 4,704 = $ 35,296 Per unit Variable cost = $ 35,296 / 2,000 units = $ 17.648 The cost equation is $ 17.648* number of units + $ 4,704 ( Fixed cost ) Cost for 2233 birdhouses - $ 17.648 * 2233 birdhouses + $ 4,704 = $ 44,111.984, or = $ 44, 112 .

Feathered Nests produces decorative birdhouses. The companyâ€™s average total cost per
unit is $20.00 when it produces 2,000 birdhouses. If $4704 of the costs are fixed, and the
plant manager uses the cost equation to predict total costs, his forecast for 2233 birdhouses
will be:
(Input your number without dollar signs or commas. Round your final answer to the
nearest whole number. DO NOT round any numbers in doing your calculations other than
your final answer)
Solution
Solution:
Total cost per unit = $ 20 per unit
Total Cost = Fixed Cost + Variable cost per unit
Total cost for 2,000 birdhouses = $ 20 * 2,000 birdhouses
= $ 40,000
Fixed cost = $ 4,704
Variable cost per unit = $ 40,000 - $ 4,704
= $ 35,296
Per unit Variable cost = $ 35,296 / 2,000 units
= $ 17.648
The cost equation is
$ 17.648* number of units + $ 4,704 ( Fixed cost )
Cost for 2233 birdhouses -

$ 17.648 * 2233 birdhouses + $ 4,704
= $ 44,111.984, or
= $ 44, 112

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Auditor Solution 1) The auditorâ€™s opinion on internal control is satisfied, because the management has followed all the guidelines and has taken necessary steps for an effective internal control. 2) The auditor has expressed an unqualified opinion on Hewlett Packardâ€™s financial statements, because the auditor observed during the audit that the income statement, cash flow statement, balance sheet and other financial statements show true and fair view figures. Unqualified opinion means the auditor believes that there is no fraud has committed by the client. 3) The paragraph states that when there are permanent limitations like human fallibility, collusion etc. the auditor cannot give assurance whether the internal controls show the misstatements. Without having proper idea, if management or anyone estimates or forecasts the performance or quality of work to be done may lead to risk and the controls which are expected to follow in those estimates or forecasts may become inadequate or useless due change of conditions. Because we cannot expect same performance in every day and the policies and procedures are slowly become worst or useless. .

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Auditing and Accounting Cases Investigating Issues of Fraud and Professional Ethics 4th Edition Case 1.3 Page 15 3. Consult Paragraph 67 of PCAOB Auditing Standard No. 12. Do you believe that Qwest had established an effective system of internal control over finan-cial reporting related to the presentation and disclosure of its nonrecurring revenue? Why or why not? Solution The revenue recognition principle states that revenues are recognized when realized or realizable and when earned; also, revenue from a transaction must meet both criteria to be recognized for recording in the financial statements.Â Â Revenues are realized when products are exchanged for cash or claims to cash, and are realizable when related assets received are readily convertible to cash.Â Â Revenues are earned when products are delivered or services are performed.Â Â These principles are important in defining revenue recognition, which helps auditors identify fraud and misstatements.Â Â Users of financial statements will have a better understanding of an entity .

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Athens, Inc., has 9,000 shares of common stock outstanding and the following data has been collected: Common stock, $10 par value, 20,000 shares authorized and 10,000 issued..........$100,000 Contributed capital in excess of pay value, common stock.... $50,000 Retained earnings........$25,000 Treasury stock...........411,500 The cost per share of the treasury stock is: A $1.15 B $11.50 C $1.28 D $10.50 Solution Ans B $ 11.50 .

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At January 1, 2012, Lance Link Corporation had 100,000 shares of $1 par common stock and 1,000 shares of $100 par, 6%, cumulative preferred stock outstanding. Express did not pay dividends in 2012 or 2013. In December 2014, the board of directors declared a $45,000 cash dividend to be paid on January 31. Required: Compute the total dividend to be paid to the preferred shareholders. Compute the total dividend to be paid to the common shareholders Show the December 31 journal entry to record the declaration of dividends. Solution Answer 1: Answer 2: Answer 3: Profit and Loss A/c Dr. 45000 To Proposed Dividend 45000 (Being dividend declared) .

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Fill out the following table for four different IT systems. Â·Â Â Â Â Â Â Â Note two enterprise systems they connect with and their connection type. Â·Â Â Â Â Â Â Â Note two security vulnerabilities the connection may have and two to four ways each vulnerability could be potentially exploited. Additional Comments: An example row has been entered into the table in blue. This is only an example and should not limit what you do. Keep in mind that enterprise systems cover a certain task in the enterprise (HR, CRM, Identity Management, etc.). They are not the components of a system (such as servers). Connections can often be a direct connection/pipe, a file, a common database, or something else. The vulnerability is what would make the connection vulnerable to an attack. The related risk is an attack that could target the weakness. Solution When securing the modern enterprise, consider that IT systems do not operate alone. Securing them involves securing their interfaces with other systems as well. It is important to know the different interconnections each system may have.two security vulnerabilities the system may have and 2 to 4 ways each vulnerability could be potentially exploited. IT System Target System Connection Type Possible Security. Vulnerability Related Risk 1. WMOS 2. WCS 3. network(database) 4.Incorrect accessibility 5.System Failures 6. Users accessing items not allowed 7.Users not having access to needed items 8.Loss of data and reboot time 9.Downtime of production A first step to developing an enterprise security plan is to identify the specific vulnerabilities and related risks facing an organization. This list should be fairly exhaustive. Many vulnerability and threat pairs will not make the final cut for remediation, but an organization can only properly prioritize these if it has fully covered all of the risks. .

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Figure 9.3 shows an energy diagram for the dissolving of an ionic compound. Discuss what factors are going to tend to make this process more favorable-in other words would likely make the com pound more soluble. Solution Factors that increases the solubility of ionic compounds: Higher the solvent-solute interaction, higher the solubility of ionic compounds in the solvent. As polar solvent dissolve polar solute, ionic compounds are more soluble in polar solvent like water. Polar solvent strongly attract the ions of the solid compound. Common ion effect decrease the solubility of the ionic compounds if the salts ion is already present in the solvent. For example CaSO?(s) ? CaÂ²?(aq) + SO?Â²?(aq) If either of Ca 2+ and SO 4 2- is already present in the solvent the solubility of CaSO4 in the solvent decrease due to common ion effect. For an endothermic reaction increase in temperature increases the solubility of the ionic compound in the solvent as predicted by Le Chatelier Principle. For an exothermic reaction increase in temperature decreases the solubility of ionic compound in the according to Le Chatelier Principle. .

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1. Feathered Nests produces decorative birdhouses. The companyâ€™s average total cost per unit is $20.00 when it produces 2,000 birdhouses. If $4704 of the costs are fixed, and the plant manager uses the cost equation to predict total costs, his forecast for 2233 birdhouses will be: (Input your number without dollar signs or commas. Round your final answer to the nearest whole number. DO NOT round any numbers in doing your calculations other than your final answer) Solution Solution: Total cost per unit = $ 20 per unit Total Cost = Fixed Cost + Variable cost per unit Total cost for 2,000 birdhouses = $ 20 * 2,000 birdhouses = $ 40,000 Fixed cost = $ 4,704 Variable cost per unit = $ 40,000 - $ 4,704 = $ 35,296 Per unit Variable cost = $ 35,296 / 2,000 units = $ 17.648 The cost equation is $ 17.648* number of units + $ 4,704 ( Fixed cost ) Cost for 2233 birdhouses -

2. $ 17.648 * 2233 birdhouses + $ 4,704 = $ 44,111.984, or = $ 44, 112