15-What activity variances would Adger report with respect to each of.docx

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15.What activity variances would Adger report with respect to each of its expenses? (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i.e., zero variance). Input all amounts as positive values.) [The following information applies to the questions displayed below.] Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: When preparing its planning budget the company estimated that it would serve 30 customers per month; however, during May the company actually served 35 customers. Solution 15) .

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Managerial Finance cw2 Management Report Word Count 2,500 Details of the task：CASE STUDY: Williams Limited WILLIAMS is a limited company, whose head office in based in South Africa. The company has been operation in the UK for the past 10 years. WILLIAMS provides financial services to a number of organisations which include SME’s, property developers and investment property funds in the UK and Africa. For the past 10 years, WILLIAMS has been a profit making firm as it has retained its previous clients, in addition to capturing an increasing share of the market. However, the finance director of WILLIAMS has recently got in touch with your professional consulting firm, and has engaged your firm with the mandate to provide them with an explanation of the cash flow problem that WILLIAMS Limited had been facing. The company is also dependent on the parent based in South Africa for and when required. In the past month there has been a number of meetings in London and South Africa where it has been agreed that WILLIAMS Limited should do their best to expand the business and raise the required capital in England, or perhaps in Europe, so as not to depend so much on cash coming from the parent company all the time. Consequently, the management of WILLIAMS is considering the followings: New Software The current product that Williams Limited has to offer mostly to specialist developers and investment funds companies is outdated. The company is looking to invest in a new product and there are two proposals on offer. The details of these two proposals are outlined below. Advanced Suite Advanced Suite Draft figures £'000 Year 0 1 2 3 4 5 New Software cost 9,000 Working Capital 850 610 790 310 730 Sales Revenue 3400 6300 7500 8900 9500 Less: Module A (420.00) (600.00) (800.00) (900.00) (1,110.00) Module B (1,010.00) (1,400.00) (1,600.00) (2,100.00) (1,900.00) Overheads (230.00) (240.00) (330.00) (300.00) (300.00) All of the above estimates have been prepared in terms of present day cost and prices. Assume that cash flows arise at the end of each period. In addition · Revenues are expected to rise by 4% in price terms per year from year 1 (start of year 2) the budget estimated selling price at start was £120. · Overheads and working capital are expected to rise by 4% per year from year 1(start of year 1) · The cost of Module A and Module B are expected to rise in line with inflation of 4% per year from the beginning of year 1. · The cost of Technicians, who have come from the South Africa have not been taken into consideration in the forecast and are as follows: Technician (T1): Will be paid £120 per hour and expected number of hours for T1 are 1,400hrs. The rate paid is expected to rise in line with inflation at 4% per year from year 2 and the number of hours is expected to reduce by 3% per year, every year from year 2 onwards. Technician 2 (T2): Will be paid £110 per hour and expected number of hours for T2 are 1,400hrs. The rate pai ...

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Q1Flinders Company has two service departments, Factory Administration and Maintenance, and two operating departments. Selected information relating to these departments is given below:Service DepartmentsOperating DepartmentsFactoryMaintenanceXYAdministration Departmental costs$ 119,700 $ 63,940 $ 723,000 $ 623,000 Number of employees6 4 40 70 Total labor hours3,200 5,200 70,000 70,000 The company allocates service department costs by the step-down method. Factory Administration costs are allocated first on the basis of number of employees, and then Maintenance costs are allocated on the basis of total labor hours.Service DepartmentsOperating DepartmentsFactory AdministrationMaintenanceXY Departmental costs$ $ $ $ Allocations: Factory Administration Maintenance Total costs after allocations$ $ $ $ Q2Tajiri Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of May:Tajiri CorporationComparison of Planning Budget to Actual ResultsFor the Month Ended May 31PlanningActualVariancesBudgetResults Customers served39,000 40,000 Revenue (3.40q)$132,600 $136,500 $3,900 F Expenses: Wages and salaries ($23,900 + $1.29q)74,210 75,500 1,290 U Supplies ($0.69q)26,910 24,210 2,700 F Insurance ($5,800)5,800 5,800 0 Miscellaneous ($4,800 + $.38q)19,620 16,920 2,700 F Total expense126,540 122,430 4,110 F Net operating income$6,060 $14,070 $8,010 FRequired:1Complete the company's flexible budget performance report for May. Label each variance as favorable (F) or unfavorable (U). (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)Tajiri CorporationFlexible Budget Performance Report Part 1 & 2For the Month Ended May 31Planning BudgetActivity VariancesU/F/NoneFlexible BudgetRevenue and Spending VariancesU/F/NoneActual Results Customers served39,000 40,000 Revenue$132,600 $$ $$136,500 Expenses: Wages and salaries74,210 75,500 Supplies26,910 24,210 Insurance5,800 5,800 Miscellaneous19,620 16,920 Total expense126,540 122,430 Net operating income$6,060 $$ $$14,070 Q3“I can’t understand what’s happening here,” said Mike Holt, president of Severson Products, Inc. “We always seem to bid too high on jobs that require a lot of labor time in the Finishing Department, and we always seem to get every job we bid on that requires a lot of machine time in the Milling Department.Yet we don’t seem to be making much money on those Milling Department jobs. I wonder if the problem is in our overhead rates.” Severson Products manufactures high-quality wood products to customers’ specifications. Some jobs take a large amount of machine work in t ...

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Enter your name Enter your city Enter the year Office Hours: TABLE OF CONTENTS Section Name Page NumberAgency Vision & Mission Our goals for Year 1Agency Market Analysis Market Demographics Agency Community RelationshipS PlanAgency AnalysisBuilding An AgencyCapital investmentagency office management planmarketingagency production goals30-60-90 Day planAgency Compensation Projectionsinput expenses Sheetinput production Sheetincome summary Sheetbook of business summary sheet AGENCY VISION AND MISSION Our Agency Vision Our Mission Statement OUR GOALS FOR FIRST YEAR List your high-level goals for the office. Examples of these goals include Ambassador Travel, Top 100 New Agents and/or excelling at Territory / Market promotions. The Agent: The Team: Our Office Facility: Our Customer Service: AGENCY MARKET ANALYSIS Market DemographicsDiscuss the demographics and growth opportunities in the prospective Agency locations. How will this market research affect the Agency? What specific customer needs have you identified?Note: Community is the local market; Market Area is broader, ie: the county in which your community is located. Primary Market Area: Demographic Analysis Community Micro Market Market Area Macro Market Population Population Trends Number of Households Home Ownership Rate Median Housing Cost Median Income Language Other Than English Market Factors State Farm Household Penetration Auto Penetration Fire Penetration Agency Community Relationships Plan Communicating With and Involving Team Members How will you utilize your team members to build your brand and presence in your community/market area? Monitoring Community RelationshipsHow will you measure your involvement and impact in the community? What strategies will help to maintain and build relationships in your community? Agency Analysis Summarize your Agency Analysis by identifying the most important aspects of your business situation. Record your agency and market Strengths, Weaknesses, Opportunities & Threats/Competitor Analysis below. STRENGTHS WEAKNESSES · · OPPORTUNITIES THREATS / COMPETITOR ANALYSIS · · BUILDING AN AGENCY Capital Investment How much capital do you anticipate having accessible in the first 6 to 24 months. How will investing in your Agency impact your other financial commitments. It is recommended that you have 12 months of your personal expenses set aside with access to additional funding. Agency Office Management Plan Recruiting Plan How many team members do you plan to have? What types of recruiting do you plan in finding your team? Do you have a growth strategy for increasing your team in the future? What is your team member skill set requirements?Agency Team Member Compensation Package How will you compensate your team? Will you incorporate a bonus/incentive program? If so, explain. Team Member Training Plan How will you train & develop ...

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1Experimental Chemistry Data Analysis 1. How do you know when to name something as an ionic compound? 2. How do you know when to name something as a molecular compound? 3. How does naming an ionic compound differ from naming a molecular compound? 4. How do you know when a polyatomic ion is present? Why do we include a Roman numeral in the name for compounds containing a transition metal and not for main group metals? 5. Solution 1. Ionic compounds contain ionic bond. When an electropositive metal (preferably groups 1 and 2) forms a compound with an electronegative element, it is an ionic compound. Eg- NaCl 2. Molecular bonds are formed by sharing of electrons. We can identify a compound as molecular compound if it has two or more non metal elements. 3. Naming of molecular compounds includes naming the first Atom as such and the second atom with a suffix of -ide. The number of atoms is also mentioned . Eg- carbon dioxide Ionic compound naming involves naming the first atom as such and attaching -ide with the name of second atom. Number of atoms is not mentioned. Eg- sodium chloride 4. If the ion has more than 1 atom, it is polyionic. We can see that by checking the number of non metal in the compound. If there is more than 1, it is polyatomic ion. Eg- carbonate ion has carbon and oxygen. 5. The Roman numeral represents the coordination number of the transition metal which is not applicable in case of main group metals as they don\'t form ligands. .

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18) Explain why oil and water do not mix. A) Water is not able to ionize in oil. B) The dipole-dipole force between water and oil molecules is too strong. C) Water molecules are polar and oil molecules are not polar D) Oil molecules cannot break the ionic bonds in water E) The viscosity of oil doesn\'t allow mixing of the water molecules. 19) Place the following aqueous solutions of nonvolatile, nonionic compounds in order ot decreasing (highest to lowest) osmotic pressure. I. 0.011 M sucrose II. 0.00095 M galactose III. 0.0060 M glycerin A)I > 111 >11 C) II > III >I 20) Why isn\'t pentanol (CH3CH2CH2CH2CH2OH) very soluble in water? A) Pentanol cannot engage in hydrogen-bonding interactions. B) Pentanol is too viscous so it cannot mix with water. C) Pentanol\'s ion-dipole interactions with water are not strong enough. D) Most of the pentanol molecule is nonpolar, so it exhibits mainly dispersion forces, making it difficult to dissolve in water. E) Most of the pentanol molecule is polar, so it exhibits mainly dipole-dipoles forces making it difficult to dissolve in water. Solution Ans 18 : C) Water molecules are polar and oil molecules are not polar Since water molecule are polar and oil molecules are non polar, they are attracted to each other more than the other oil molecules , in accordance with the general solubility rule that \"like dissolves like\". Moreover oil being less denser than water , floats over the top of water surface . .

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17. Calcium sulfate has a soluble form in water, formed according to: Ca 2+ (aq) + SO4 2- (aq) ?CaSO 4 (aq) K = 7.7Ã—103 CaSO 4 (s) itself, however, is poorly soluble and has the following solubility product: CaSO 4 (s) ?Ca 2+ (aq) + SO4 2- (aq) Ksp = 3Ã—10-34 If we dissolve CaSO 4 (s) in water until CaSO 4 (s)precipitate is left in equilibrium with the solution, (a)Â Â Â Â Â Â Â Â What is the concentration of Ca 2+ (aq)? (b)Â Â Â Â Â Â Â What is the concentration of the soluble complex CaSO 4 (aq)? Solution Ksp = [M] 2 where [M] is concentration of Ca 2+ (aq) and SO4 2- (aq) . [M] = (3x10 -34 ) 0.5 = 1.73x10 -17 K = [CaSO 4 (aq) ] /([Ca 2+ (aq) ]x[SO4 2- (aq)]) 7.7x10 3 x ([M] 2 )= [CaSO 4 (aq) ] 7.7x10 3 x3x10 -34 = [CaSO 4 (aq) ] [CaSO 4 (aq) ] = 23.1 x 10 -31 .

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2. Does evolution violate the second law of thermodynamics? Why or why not? 3. The heat capacity of compound B is two times greater than the heat capacity of compound A. If one mole of each compound (A and B) absorbs 100 Joules of heat, which compound will exhibit the larger temperature rise -A or B? Why? 4. Do you agree or disagree with the following statement? The entropy change of a system is necessarily zero if the process causing the change is performed reversibly. Please state why you agree or disagree. Solution 1. No, it doesn\'t. The Second Law of Thermodynamics is one of the most fundamental laws of nature: evolution really would be in big trouble if it broke it. Put not particularly simply, the Second Law of Thermodynamics states that the entropy (the amount of disorganisation) in a closed system tends to increase with time. Put more simply, this means that matter does not tend to organise itself in a particular location unless there is some external energy source powering it. Evolution can be seen as matter organising itself. Evolution-deniers who cite the Second Law of Thermodynamics as proof against evolution happening on our planet either conveniently forget to mention, or do not realise, that the earth is not a closed system: it has a rather massive external energy source, namely the sun. If we were to consider the entire solar system to be a closed system (which, to all intents and purposes, it is), then the occurrence of evolution on any of the planets would not break the Second Law of Thermodynamics, because, while evolution represents a local decrease in entropy, the burning of fuel within the sun represents a far greater increase in entropy .

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2. Compare teh payment of cash divididends, stock dividends and purchase of treasury stock from existing shareholders. What are the similiarities and differences? If you were a corporate treasurer, which method would you recomend for returning funds to stock holders? Solution Dividends are payments made by a corporation to its shareholder members. [ It is the portion of corporate profits paid out to stockholders.[1] When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be distributed to shareholders. There are two ways to distribute cash to shareholders: share repurchases or dividends.[2][3] Many corporations retain a portion of their earnings and pay the remainder as a dividend. stock dividend A dividend paid as additional shares of stock rather than as cash. If dividends paid are in the form of cash, those dividends are taxable. When a company issues a stock dividend, rather than cash, there usually are not tax consequences until the shares are sold. Companies often buy back their own stock which lowers the number of shares outstanding. When a company does a stock buyback, the stocks they purchase on the open market become known as treasury stock. These stocks do not pay dividends nor do they have voting rights. Treasury stocks are not included in shares outstanding calculations. When a company buys back its own shares, it can either be advantageous to the shareholders or a detriment depending on the motivation for buying back the shares in the first place. If the company is seeking to boost its financial ratios such as their P/E ratio or earnings per share ratio, then the shareholders .

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15-What activity variances would Adger report with respect to each of.docx

1. 15.What activity variances would Adger report with respect to each of its expenses? (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i.e., zero variance). Input all amounts as positive values.) [The following information applies to the questions displayed below.] Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: When preparing its planning budget the company estimated that it would serve 30 customers per month; however, during May the company actually served 35 customers. Solution 15) Flexible Budget Activity Variance Planning Budget Employee Salary & Wages 88500 5500 U 83000 Travel Expenses 21000 3000 U 18000 Other Expenses 36000 0 None 36000

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