The Jabba Corporation manufactures the “Snack Buster” which consists of a wooden snack chip bowl with an attached porcelain dip bowl. Which of the following would be relevant in Jabba’s decision to make the dip bowls or buy them from an outside supplier?   Problem Info   Fixed overhead cost that can be eliminated if the bowls are purchased from the outside supplier The variable selling cost of the Snack Buster A) Yes Yes B) Yes No C) No Yes D) No No

The following information relates to last year’s operations at the Legumes Division of Gervani Corporation: Problem Info Item Minimum required rate of return   12 % Return on investment (ROI)   15 % Sales $ 900,000   Turnover (on operating assets)   3 times   What was the Legume Division’s net operating income last year?

Part N19 is used by Malouf Corporation to make one of its products. A total of 7,000 units of this part are produced and used every year. The company’s Accounting Department reports the following costs of producing the part at this level of activity:   Problem Info   Per Unit Direct materials $2.20 Direct labor $8.50 Variable manufacturing overhead $1.30 Supervisor’s salary $5.80 Depreciation of special equipment $7.20 Allocated general overhead $4.60   An outside supplier has offered to make the part and sell it to the company for $24.50 each. If this offer is accepted, the supervisor’s salary and all of the variable costs, including the direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage value or other use. The allocated general overhead represents fixed costs of the entire company, none of which would be avoided if the part were purchased instead of produced internally. In addition, the space used to make part N19 could be used to make more of one of the company’s other products, generating an additional segment margin of $25,000 per year for that product. What would be the impact on the company’s overall net operating income of buying part N19 from the outside supplier?

Vanikoro Corporation currently has two divisions which had the following operating results for last year:   Problem Info   Cork Division Rubber Division Sales $600,000 $300,000 Variable costs $310,000 $200,000 Contribution margin $290,000 $100,000 Fixed costs for the division $110,000 $60,000 Segment margin $180,000 $40,000 Allocated corporate fixed costs $100,000 $50,000 Net operating income (loss) $80,000 ($10,000)   Since the Rubber Division sustained a loss, the president of Vanikoro is considering the elimination of this division. All of the fixed costs for the division could be eliminated if the division was dropped. If the Rubber Division was dropped at the beginning of last year, how much higher or lower would Vanikoro’s total net operating income have been for the year?

Which of the following statements regarding exclusions and/or deferrals is false?

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?

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:  

loops of intestine protruding through the umbilical or inguinal region that can be reduced are called:

Upon examination of your infant’s abdomen and GU area, which of the following is a benign finding:

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()