Question Solved1 Answer Hodson Ltd is a one product firm with material cost per unit of £55.00 and labour cost per unit of £5.50. Labour cost is incurred at the rate of £11.00 per hour, and overheads are absorbed at the rate of £37.00 per labour hour. Hodson Ltd applies mark up to its product at a standard rate of 50% on total cost. What is the expected margin for the product?

answer and show your solution Problem 1-5 (IAA) On December 31, 2020, Cordillera Company reported the following liabilities: Note payable - 9% 3,000,000 Note payable - 8% 6,000,000 Note payable - 10% 4.000,000 Note payable - 11% 5,000,000 The 9% note payable is noncancelable and matures on July 31, 2021. Sufficient cash is expected to be available to retire the note at maturity. The 8% note payable matures on May 31, 2026 but the creditor has the option of calling the note or demanding payment on June 30, 2021. However, the call option is not expected to be exercised given the prevailing market condition. The 10% note payable is due on March 31, 2022. A debt covenant requires Cordillera Company to maintain current assets at least equal to 150% of current liabilities. On December 31, 2020, Cordillera Company is in violation of this covenant. However, Cordillera Company obtained a waiver from the creditor until June 2021 having convinced the creditor that Cordillera's normal 2 to 1 ratio of current assets to current liabilities will be reestablished during the first half of 2021. The 11% note payable matures on June 30, 2021. On January 31. 2021 before the issuance of the 2020 financial statements. the note payabe was refinanced on a long-term basis. Required: Explain the appropriate classification of the notes payable as current or noncurrent in the statement of financial position on December 31, 2020. 17

Teil C. A drop in the number of salmon farms influences the market for salmon. In the market for salmon there is a(n)(Click to select) in (Click to select) The factor that causes this change is: (Click to select) The (Click to select) curve shifts to the (Click to select) d. The reduction in the price of streamed movies affects the market for pre-recorded DVDs. In the market for pre-recorded DVDs there is a(n) (Click to select) in (Click to select) The factor that causes this change is: (Click to select) The (Click to select) curve shifts to the (Click to select) Identify whether demand or supply is increasing or decreasing for the relevant product. In each case, identify the demand or supply factor causing the change from the lists below. In which direction does the demand or supply curve shift? Demand Factors number of buyers income price of another product consumer preferences consumer expectations Supply Factors number of producers resource price state of technology change in nature price of related product producer expectations a. A widespread expectation by consumers of lower future incomes affects current sales of flat-screen TVs. In the market for flat-screen TVs there is an decrease v in demand The factor that causes this change is: income The demand curve shifts to the left b. An increase in the price of pesticides affects the market for rice. In the market for rice there is an decrease in supply v The factor that causes this change is resource price The supply curve shifts to the left CA drop in the number of salmon farms influences the market for salmon. C. A drop in the number of salmon farms influences the market for salmon In the market for salmon there is a(n) (Click to select) in (Click to select) The factor that causes this change is: (Click to select) The (Click to select) curve shifts to the (Click to select) d. The reduction in the price of streamed movies affects the market for pre-recorded DVDs. In the market for pre-recorded DVDs there is an (Click to select) Min (Click to select) The factor that causes this change is: (Click to select) The (Click to select) curve shifts to the Click to select)

Problem #3 A baseball player hits a 5.1-oz (0.31875 lb) baseball with an initial velocity of 120 ft/s at an angle of 40° with the horizontal as shown. Determine (a) the kinetic energy of the ball immediately after it is hit, (b) the kinetic energy of the ball when it reaches its maximum height, (c) the maximum height above the ground reached by the ball. Problem #3 A baseball player hits a 5.1-oz (0.31875 lb) baseball with an initial velocity of 120 ft/s at an angle of 40° with the horizontal as shown. Determine (a) the kinetic energy of the ball immediately after it is hit, (b) the kinetic energy of the ball when it reaches its maximum height, (c) the maximum height above the ground reached by the ball.

following data are the response times in seconds for \( n=25 \) grade 1 students to arrange three objects by size. \( \begin{array}{lllll}5.4 & 3.6 & 5.7 & 3.7 & 3.8\end{array} \) \begin{tabular}{llllll|} \( 4.1 \) & \( 4.0 \) & \( 4.3 \) & \( 4.6 \) & \( 4.1 \) \\ \( 3.1 \) & \( 2.6 \) & \( 3.1 \) & \( 4.4 \) & \( 4.7 \) \\ \hline \( 3.6 \) & \( 3.7 \) & \( following data are the response times in seconds for \( n=25 \) grade 1 students to arrange three objects by size. \( \begin{array}{lllll}5.4 & 3.6 & 5.7 & 3.7 & 3.8\end{array} \) \begin{tabular}{llllll|} \( 4.1 \) & \( 4.0 \) & \( 4.3 \) & \( 4.6 \) & \( 4.1 \) \\ \( 3.1 \) & \( 2.6 \) & \( 3.1 \) & \( 4.4 \) & \( 4.7 \) \\ \hline \( 3.6 \) & \( 3.7 \) & \( 4.6 \) & \( 5.2 \) & \( 4.1 \) \\ \( 4.5 \) & \( 3.5 \) & \( 4.3 \) & \( 3.6 \) & \( 5.6 \) \end{tabular} (a) Find the mean and the standard deviation for these 25 response times. (Round your standard deviation to three decimal places.) mean standard deviation (b) Order the data from smallest to largest, (Enter your answers as a comma-separated ist.) \( 2.6,3.1,3.1,3.5,3.6,3.6,3.6,3.7,3.7,3.8,4.0,4.1,4.1,4.1,4.3,4,3,4.4,4.5,4.6,4.6,4.7,5.2,5.4,5.6,5 \). (c) Find the a-scores for the smatlest and largest respense times. (Round your answers to two decimat places:) smallest largest Is there any reason to belleve that these times are unusually large or smali? explain. since the z-score of the largest value is greater than 3 in absolute value, the largest value is unusually large. The smallest value is not unusuali Since the z-score of the smaliest value is greater than 3 in absolute value, the smallest value is unusually smali. The largeat value is net unuriual. Since neither of the zuscores are greater than 7 in absolute value, the measurements are not judoed to be unusually large or small. Bince both zescores are 9 reater than 3 in absolute value, the measurements are fudged to be unusual.

A production line operates with a mean filling weight of 16 ounces per container.Overfilling or underfilling presents a serious problem and when detected requires the operator to shut down the production line to readjust the filling mechanism. From past data, a population standard deviation σ = .8 ounces is assumed. A quality control inspector selects a sample of 30 items every hour and at that time makes the decision of whether to shut down the line for readjustment. The level of significance is α = .05.a. State the hypothesis test for this quality control application.b. If a sample mean of xˉ = 16.32 ounces were found, what is the p-value? What action would you recommend?c. If a sample mean of xˉ = 15.82 ounces were found, what is the p-value? What action would you recommend?d. Use the critical value approach. What is the rejection rule for the preceding hypothesis testing procedure? Repeat parts (b) and (c). Do you reach the same conclusion?

Assume that a company is considering buying a new piece of equipment for $240,000 that would have a useful life of five years and no salvage value. The equipment would generate the following estimated annual revenues and expenses: Revenues $120,000 Less operating expenses: Commissions $15,000 Insurance 5,000 Depreciation 48,000 Maintenance 30,000 98,000 Net operating income $22,000 Click here to view Exhibit 14B-1e and Exhibit 14B-2 , to determine the appropriate discount factor(s) using the tables provided. The internal rate of return for this investment is closest to: 16%. 12%. 18%. 14%.