This year, Fred and Wilma, married filing jointly, sold thei…
This year, Fred and Wilma, married filing jointly, sold their home for $800,000. They original purchased the home for $200,000. All closing costs were paid by the buyer. Fred and Wilma owned and lived in their home for the last 20 years. What is Fred and Wilma’s recognized gain from the sale of their residence?
Read DetailsAdams Enterprises makes a variety of products that it sells…
Adams Enterprises makes a variety of products that it sells to other businesses. The company’s activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below: Problem Info Activity Cost Pool Activity Measure Activity Rate Supporting assembly Direct labor hours $3.20 per hour Processing batches Number of batches $103.80 per batch Processing orders Number of orders $98.65 per order Serving customers Number of customers $1,488.00 per customer The cost of serving customers, $1,488.00 per customer, is the cost of serving a customer for one year. Yousif Corporation buys only one of the company’s products, which Adams Enterprises sells for $25.00 per unit. Last year Yousif Corporation ordered a total of 900 units of this product in 3 orders. To fill the orders, 11 batches were required. The direct materials cost is $8.20 per unit and the direct labor cost is $7.65 per unit. Each unit requires 0.40 DLHs. According to the ABC system, the total cost of the activity “Supporting assembly” for this customer this past year was:
Read DetailsPart (b) Write the createTours method. Each tour session pai…
Part (b) Write the createTours method. Each tour session pairs two student groups together for a guided tour. Tours are formed using the following rules: If the number of groups is even: The largest group is paired with the smallest group. The second largest group is paired with the second smallest group. Continue pairing inward until all groups are assigned to tours. If the number of groups is odd: The largest group receives a private tour and is not paired. The remaining groups are paired using the same method described above. Each pairing should result in the creation of a Tour object. Important requirements: The original groups list must not be modified. Groups may appear in either order inside the Tour constructor. The returned ArrayList may list tours in any order. Example 1 — Even Number of Groups groups contains: School Size A 10 B 15 C 20 D 30 Pairings: D (30) with A (10) C (20) with B (15) The returned list contains two Tour objects. Example 2 — Odd Number of Groups groups contains: School Size A 10 B 15 C 20 Largest group (C) receives a private tour. Pairing: B with A The returned list contains one Tour. Complete the method: public ArrayList createTours()
Read DetailsA commercial pool product, “Pool Essentials Chlorinating Liq…
A commercial pool product, “Pool Essentials Chlorinating Liquid” contains 10.0% by mass pool chlorine in the form of sodium hypochlorite (NaOCl). What is the molarity of pool chlorine in this product (assuming the density of this chlorinating liquid is the same as water, 1.00 g/mL and the Molar mass of NaOCl is 74.5g/mol)? RULES – (Round your answer to 1 decimal place.)
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