Consider the following gasoline sales time series data. Click on the datafile logo to reference the data.
Week Sales (1000s of gallons)
1 16
2 20
3 20
4 23
5 18
6 17
8 19
9 23
10 19
11 14
12 21
a. Using a weight of 1/2 for the most recent observation, 1/3 for the second most recent observation, and 1/6 the most recent observation, compute a three-week weighted moving average for the time series (to 2 decimals). Enter negative values as negative numbers.
Week
Time-Series Value Weighted Moving
Average Forecast Forecast
Error
(Error)2
1
2
3
4
5
6
7
8
9
10
11
12
Total
b. Compute the MSE for the weighted moving average in part (a).
MSE =
Do you prefer this weighted moving average to the unweighted moving average? Remember that the MSE for the unweighted moving average is 8.90.
Prefer the unweighted moving average here; it has a (greater/smaller) MSE.
c. Suppose you are allowed to choose any weights as long as they sum to 1. Could you always find a set of weights that would make the MSE at least as small for a weighted moving average than for an unweighted moving average? (Yes/ No)

Answer:

a. large number of firms, they have differentiated products, and this is a monopolistic market model

b. large number of firms, they have standardized products, and this is a perfectly competitive market model

c. few number of firms, they have standardized products, and this is an oligopolistic market model

d. one number of firms, they have a single products, and this is a monopoly

Explanation:

a. This first question is a monopolistic competition. this is because it has the following characteristics:

It has large number of firms, the products here are differentiated, there is no entry cost and also no exit cost in the long run. Entereing the market is challenging

b. this is a perfect competition, the characteristics are large number of firms, the products are identical and the entry and exit in the market is easy

c. this market is an oligopoly. it has a few firms, the products can be identical or they can be differntiated, and it has barriers to entry from what we have seen here.

d. this market is a monopoly. the firm is a single one, and due to the patent there are no new entries for any other firm.

Answer:

Option 1

5.737126344%

Explanation:

to determine which option i would prefer today, i would need to determine the present value of offer 2

Present value is the sum of discounted cash flows

[tex]\frac{500,000}{1.07^{4} }[/tex] = $381,447.61

I would prefer the first option because its present value is greater than that of option 2

The interest rate that would make me indifferent between either options would be the interest at which the present value of $500,000 in 4 years is $400,000

$400,000 = [tex]\frac{500,000}{(1 + x)^{4} }[/tex]

$400,000[tex](1 + x)^{4}[/tex] = $500,000

500,000 / 400,000= (1 + x)^{4}

1.25 = (1 + x)^{4}

[tex]1.25^{0.25}[/tex] = 1 + x

x = 5.737126344%

Answer:

C. 45,000 units

Explanation:

Inventory of finished units at March 31

10,000

Add:

Sales units

40,000

Total units

50,000

Less:

Inventory of finished units March 1

(5,000)

Balance

45,000

Therefore, the number of units that the company should plan on producing in March is 45,000 units

Answer:

ARC Inc.

1. Interest expense for the January 1–June 30 period was $__5,798___.

2. Interest expense for the July 1–December 31 period was $__5,850___.

3. Book value of Bonds on June 30 was $__89,998___.

4. Book value of Bonds on December 31 was $__90,848___.

5. Interest payment on June 30 was $__5,000___.

Explanation:

a) Data and Calculations:

January 1, 2017:

Face value of issued bonds = $100,000 ($1,000 * 100)

Coupon rate of interest = 10%

Effective rate of interest = 13%

Price of issued bonds =        $89,200 ($892 * 100)

Discount on bonds =             $10,800 ($100,000 - $89,200)

Interest payment = June 30 and December 31 (semiannually)

June 30:

Interest expense = $5,798 ($89,200 * 6.5%)

Cash payment =     $5,000 ($100,000 * 5%)

Amortization of discount = $798

Value of bonds = $89,998 ($89,200 + $798)

December 31, 2017:

Interest expense = $5,850 ($89,998 * 6.5%)

Cash payment =     $5,000 ($100,000 * 5%)

Amortization of discount = $850

Value of bonds = $90,848 ($89,998 + $850)

Answer:

Note The full question is attached as picture below

1. Real consumption % change = ((Consumption in 2009 / Consumption in 2007) - 1) * 100

Real consumption % change = ((9847 / 10042) - 1) * 100

Real consumption change % = (0.981 - 1) * 100

Real consumption change% = -1.9%

2. Real investment % = ((Investment in 2009 / 2007) - 1) * 100

Real investment % = ((1898 / 2644) - 1) * 100

Real investment % = (0.718 - 1) * 100

Real investment % = -28.2%

3. Government spending % = ((Government spending 2009 / 2007) - 1)*100

Government spending % = ((3089 / 2914) - 1)*100

Government spending % = (1.06 - 1) * 100

Government spending % = 6%

Answer:

careful site planning

Explanation:

The careful site planning permits you to create the website that contains the delightful design due to which it helps in attracting the audience also it is the foundation for building the production for an innovation purpose. In this we ca n plan about the site theme, its layout, color, design etc

Answer:

5.55%

Explanation:

risk premium = market rate of return - risk free rate

8.35 - 2.8 = 5.55

Answer:

The cost of goods sold for eachs ale and the inventory balance after each sale, assuming the LIFO (last-in, first-out) method:

                  Cost of goods sold      Ending Inventory

Apr. 19   Sale            $100,000                   $60,000

Sept. 2  Sale             $218,000                   $40,000

Explanation:

a) Data and Calculations:

Date       Description       Units     Unit Cost      Total            Balance

Jan. 1      Inventory       4,000            $40        $160,000

Apr. 19   Sale               (2,500)                           (100,000)    $60,000

June 30 Purchase       4,500            $44          198,000     258,000

Sept. 2  Sale               (5,000)                           (218,000)      40,000

Nov. 15  Purchase       2,000            $46           92,000      132,000

Cost of goods sold:                              Ending Inventory

April 19: = 2,500 * $40 = $100,000     = 1,500 * $40 = $60,000

Sept 2: =  4,500 * $44 + 500 * $40    = 1,000 * $40 = $40,000

            =  $198,000 + $20,000

           =  $218,000

Answer:

c. a period cost

Explanation:

Option C, period cos is the correct answer because the period cost is not related to the production and manufacturing of the commodity. Rather it is the cost incurred outside the factory such as marketing expenses, travelling expenses, etc. Therefore, the option "period cost" is the correct answer.  

Travel expenses incurred by the sales department of a manufacturing company would be classified as: c. a period cost

Period costs are indirect costs incurred in the production of goods and services. These costs are not tied directly to production processes.

Unlike product costs that are assigned to one particular product, Period costs are not assigned to one particular product or the cost of inventory.

Period costs are also not included in the inventory valuation hence are treated as expenses in the period in which they are incurred.

Other examples of Period costs includes: marketing expenses, indirect labor etc.

Learn more at : https://brainly.com/question/13830502

Answer:

Debit Supplies Expense, $4,100; Credit Supplies, $4,100

Explanation:

Based on the information given The appropriate adjusting journal entry to be made at the end of the period would be:Debit Supplies Expense, $4,100; Credit Supplies, $4,100

Debit Supplies Expense $4,100

Credit Supplies $4,100

($5,000-$900)

Answer:

ABC Company

1. Observation: Current year's inventory turnover is significantly lower than those of previous years.

Explanations:

1. Lower inventory turnover implies weaker sales for the current period than those of previous years.

2. Lower inventory turnover results from excessive inventory, which increases storage costs and interest expenses.

3. The ratio may also indicate that the demand for the product is declining rapidly.  Many reasons can be adduced for this situation.  Little marketing efforts, bad product, and lack of product competitiveness.

a) The formula for computing the inventory turnover equals Cost of goods sold/Average Inventory.  The ratio shows the number of times goods are sold in a period.  When goods are sold more frequently, sales activities increase, including revenue and profit.

2. Observation: Also current year's accounts receivable turnover is significantly lower than in previous years.

Explanations:

1. Billing inefficiency can contribute to lower accounts receivable turnover.

2. Poor credit policy may give rise to inefficient collection process, excessive bad debts, long credit days, bad customers, and lack of incentives to customers to settle their invoices.

3. Lastly, lower accounts receivable turnover may point to declining demand of the product by customers.

b) The formula for calculating the accounts receivable turnover is Net Credit Sales divided by Average receivables.  The ratio determines the effectiveness of the company's credit policy.

Answer: 3,000 meals

Explanation:

The 6,000 in this total cost formula represents the fixed costs of providing the Q meals per month.

The 2 represents the variable cost.

If a meal is $4, that means that the Contribution margin is:

= 4 - 2

= $2 per meal

The break-even level of output is:

= Fixed cost / Contribution margin per meal

= 6,000 / 2

= 3,000 meals

Answer:

Annual depreciation= $15,444

Explanation:

Giving the following information:

Purchase price= $109,600

Salvage value= $4,100

Useful life= 123,000

Miles driven 2020= 18,000

To calculate the depreciation expense, we will use the units-of-production method:

Annual depreciation= [(original cost - salvage value)/useful life of production in miles]*miles drive

Annual depreciation= [(109,600 - 4,100)/123,000]*18,000

Annual depreciation= 0.858*18,000

Annual depreciation= $15,444

Answer:

b. If Mabel is rejected for a loan because of the consumer report, the lender must tell her the source of the report.

Explanation:

The best answer to this question is option b, given that it gives the best description of the situation at hand. If she is turned down for a loan due to the fact that she has been delinquent in paying bills, the the agency from which she seeks this loan has to tell her the source of the report. A credit report gives a summarized statement of a persons financial state. It has such important information like the particulars of the person , address as well as the person SSN,

Answer:

The answer is "$41189.19"

Explanation:

Using formula:[tex]\text{Present value=Cash flows} \times \text{Present value of discounting factor(rate \ \%, time period)}[/tex]      

[tex]\to 41600=\frac{27200}{1.1456^2}+ \frac{X}{1.1456^5}\\\\\to 41600= (27200 \times 0.761963188)+(X \times 0.506798097)\\\\\to 41600=20725.3987+(X \times 0.506798097)\\\\\\to X=\frac{(41600-20725.3987)}{0.506798097}\\\\[/tex]

         [tex]=\$41189.19[/tex]

Answer:

c

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

Weighted average is the average cost of the inventories bought over a period

If FIFO is used, ending inventory would be $35.

If weighted average is used , ending inventory = (34 +35) / 2 = $34.50

Thus, ending inventory will be lower if Blake uses weighted average than if FIFO were used

Gross margin = gross profit / revenue

If FIFO was used . gross margin = (64 - 34) / 64 = 0.469

If LIFO was used . gross margin = (64 - 35) / 64 = 0.453

Gross margin will be lower if Blake uses LIFO than it would be if FIFO were used.

Answer:

c. Loss aversion

Explanation:

Loss aversion is a cognitive bias that explains where there is the pain for losing should be twice as equivalent to the gaining pleasure. It is the tendency of an individual to avoid the losses that purchase the equivalent gains. And, the term that not done the given mistake is the loss aversion

So as per the given situation, the option c is correct

Answer:

1. Number of physical units transferred out = 23,000 units

Number of units in ending work in process = 7,000 units

2. The number of equivalent units for materials = 30,000 units

3. The number of equivalent units for conversion = 25,800 units

4. The cost per equivalent units for materials = $14.00

5. The cost per equivalent units for conversion = $15.40

6. The total cost of goods transferred out = $676,200

7. The total cost of ending work in process inventory = $141,120

Explanation:

a) Data and Calculations:

                                              Units       Materials      Conversion   Total

Work in process inventory,

September 1                          2,000         100%                80%

Cost of beginning WIP                       $45,000         $56,320      $101,320

Cost during April                                375,000          341,000        716,000

Total production costs                    $420,000       $397,320      $817,320

Units started in April          28,000

Total units in process        30,000 (2,000 + 28,000)

Units transferred out         23,000      23,000           23,000

Ending WIP, Sept. 30           7,000         7,000 (100%)  2,800 (40%)

Total equivalent units                          30,000           25,800

Cost per EUP     $14.00 ($420,000/30,000)  $15.40 ($397,320/25,800)

Cost of goods transferred out        $322,000         $354,200      $676,200

                                             ($14.00 * 23,000)   ($15.40 * 23,000)

Cost of ending WIP                           $98,000            $43,120         $141,120

                                              ($14.00 * 7,000)   ($15.40 * 2,800)

Total costs accounted for             $420,000          $397,320       $817,320

Answer:

this should be a factor; the desire to make positive change is deemed highly important

Explanation:

Since in the situation it is mentioned that liz has been screened concering for the membership of the group. She have the lack of participation

So here it could be considered as the factor also the desire that makes the positive changed would be considered as very much significant

So, the above statement should be relevant

Hence, the same should be considered

Answer:

the  overhead amount recorded is $139,500

Explanation:

The computation of the overhead amount recorded is shown below:

= Overhead application rate × direct material cost

= 155% × $90,000

= $139,500

Hence, the  overhead amount recorded is $139,500

We simply applied the above formula so that the correct value could come

Answer: See explanation

Explanation:

The journal entry to record the purchase of the truck will be:

Dr Trucks $54641

Dr Discount on Notes Payable $25359

Cr Notes Payable $80000

Note:

Face value of Note = $80000

× PV factor = 1/1.10⁴ = 0.68301

Present value of Face value of Note = $54641

Answer:

Missing word "Final shares=? Net asset value=?"

Final shares is computed as follows:

= (Amount invested / NAV per share) * (1 + Fund appreciation)

= ($50,000 / $ 1) * (1 + 0.014)

= $50,000 * 1.014

= $50,700

As know that this is a Money Market Mutual Fund, hence the Net asset value of this fund at the end of the year will be also $1.

Answer:

$80,000

Explanation:

Calculation to determine what Elk's taxable income is:

Using this formula

Taxable income=Operating income-Operating expenses

Let plug in the formula

Taxable income=$370,000-$290,000

Taxable income=$80,000

Therefore Elk's taxable income is:$80,000

Answer:

Effect on income= -10,000

Explanation:

Giving the following information:

Production capacity 25,000 units

Selling price to outside customers $ 18

Variable cost per unit $ 11

Fixed cost, total $ 100,000

First, we need to calculate the unitary total production cost:

Total unitary cost= (100,000/25,000) + 11

Total unitary cost= $15

The company can sell all of its production to outside customers and gain $3 from the sale. But, by selling to the Motor Division, it gains $2.

Now, the effect on income:

Effect on income= increase in income by not buying the part - decrease in sales revenue for not selling to outside customers

Effect on income= 10,000*2 - 10,000*3

Effect on income= 20,000 - 30,000

Effect on income= -10,000

Answer:

Hence the answer is given as follows,

Explanation:

1A) In the given case, the agents who are the plaintiffs were working as security guards for Schultz and his family. There was miscellaneous work that they were required to conduct for the family. The agents were paid a daily wage and weren't paid overtime. Schultz’s driver opened a replacement company called CIS and asked the agents to get their own private security business licenses in order that they will get classified as independent contractors. So, the difficulty arises that whether the agents should be classified as employees or as independent contractors.

The agents were paid a daily wage and not a salary. Moreover, they weren't qualified for overtime pay. Employees usually get salaries and are eligible to urge over time by the overtime work. Hence the agents are independent contractors and can't be considered employees.

1C) In the given case, a hybrid classification test is often wont to check the status of whether the agents were employees or independent contractors. A hybrid classification test has characteristics of right to regulate test also as economic realities test. Schultz and his family weren't controlling the work of the agents. The agents had pre-determined work and that was conducting it in an independent manner. The agents also were paid on a day to day and didn't have a timekeeping requirement. Hence the agents can qualify as independent contractors and not employees as per the hybrid classification test.

Answer:

The incremental selling price for product 1 is 60,000, product 2 is 100000 and product 3 is 28,000.

Sell at split off for product 1 is Yes and product 2 is No and product 3 is Yes.

Explanation:

Here,

Answer:

Please find the attached file of the complete question:

Explanation:

Please find the attached file of the solution:

Critical Path:  ACH

Duration: 21

Because C is on the Critical Path, it cannot be postponed without causing the project to be delayed.

E is not on the critical path, thus it may also be delayed by two weeks without causing the project to be delayed.

[tex]D : ES : 6, EF : 10, LS : 7, LF : 11[/tex]

Answer:

The DEF Partnership

Allocation of Partnership Net Income for 2008:

                                        D             E              F                Total

Net income                                                                    $130,000

Salaries                      $25,000  $20,000  $15,000      (60,000)

Bonus on net income  13,000        -----           -----          (13,000)

Remainder                  34,200       17,100      5,700       (57,000)

Total allocation        $72,200    $37,100  $20,700    $130,000

Explanation:

a) Data and Calculations:

Net income for the year ended December 31, 2008 = $130,000

Order of distribution of partnership profits and losses:

                                        D             E              F

Salaries                   $25,000  $20,000  $15,000

Bonus on net income  10%          -----           -----

Remainder                  60%         30%           10%

Bonus on net income = $13,000 ($130,000 * 10%)

Remainder after salaries and bonus = $57,000 ($130,000 - $73,000)

D = $34,200 ($57,000 * 60%)

E = $17,100 ($57,000 * 30%)

F = $5,700  ($57,000 * 10%)

Answer: $89300.65

Explanation:

Based on the information given in the question, the nominal terminal value of the investment at the end of year 4 will be calculated thus:

Inflation rate = 2%

Real terminal value of investment = $82,500

Normal terminal value of investment will be:

= $82500 × (1+2%)⁴

= $82500 × (1 +0.02)⁴

= $82500 × 1.02⁴

= $89300.65