Journal Entries, T-Accounts, Cost of Goods Manufactured

Journal Entries, T-Accounts, Cost of Goods Manufactured

Journal Entries, T-Accounts, Cost of Goods Manufactured for $19 (Instant Download)

Journal Entries, T-Accounts, Cost of Goods Manufactured and Sold

During May, the following transactions were completed and reported by Jerico Company:

Materials purchased on account, $60,100.

Materials issued to production to fill job-order requisitions: direct materials, $50,000; indirect materials, $8,800.

Payroll for the month: direct labor, $75,000; indirect labor, $36,000; administrative, $28,000; sales, $19,000.

Depreciation on factory plant and equipment, $10,400.

Property taxes on the factory accrued during the month, $1,450.

Insurance on the factory expired with a credit to the prepaid insurance account, $6,200.

Factory utilities, $5,500.

Advertising paid with cash, $7,900.

Depreciation on office equipment, $800; on sales vehicles, $1,650.

Legal fees incurred but not yet paid for preparation of lease agreements, $750.

Overhead is charged to production at a rate of $18 per direct labor hour. Records show 4,000 direct labor hours were worked during the month.

Cost of jobs completed during the month, $160,000.

The company also reported the following beginning balances in its inventory accounts:

hmcc03h_ch05_pr5-21.JPG

2. Prepare T-accounts for Materials Inventory, Overhead Control, Work-in-Process Inventory, and Finished Goods Inventory. Post the entries to the T-account in the same order in which they were journalized.

Materials Inventory
– Select your answer -Balance(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 1 of Item 2– Select your answer -Bal.(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 3 of Item 2
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 5 of Item 2
Balance
Work in Process Inventory
– Select your answer -Balance(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 1 of Item 3– Select your answer -Bal.(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 3 of Item 3
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 5 of Item 3
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 7 of Item 3
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 9 of Item 3
Balance
Finished Goods Inventory
– Select your answer -Balance(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 1 of Item 4
– Select your answer -Bal.(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 3 of Item 4
Balance
Overhead Control
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 1 of Item 5– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 3 of Item 5
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 5 of Item 5
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 7 of Item 5
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 9 of Item 5
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 11 of Item 5
– Select your answer -(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)(l)Correct 13 of Item 5
Balance
Hide3. Prepare a statement of cost of goods manufactured.Jerico CompanyStatement of Cost of Goods ManufacturedFor the Month Ended May 31, 20XX  $      Overhead:  $                      $          Manufacturing costs added$          Cost of goods manufactured$  

4. If the overhead variance is all allocated to cost of goods sold, by how much will cost of goods sold decrease or increase?
– Select your answer -IncreasesDecreasesCorrect 1 of Item 7   by   $

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Define Natural, Human, Social

Define Natural, Human, Social for $5 Only

1: Define Natural, Human, Social and Financial/Physical capital.

4 sentences, 1 on each

2: As engineers should we be prepared to discuss,

decisions on allocated Government revenue.

Paragraph

3. When doing a CBA analysis is it important if the

party paying the cost does not enjoy the benefit?

2/3 sentences

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Serum Cholesterol Levels in Milligrams

Serum Cholesterol Levels in Milligrams

Serum Cholesterol Levels in Milligrams for $9 Only

The serum cholesterol levels in milligrams/deciliter (mg/dL) in a certain Mediterranean population are found to be normally distributed with a mean of 154 and a standard deviation of 28. Answer the following: (a) Determine the z-score for a person from this population that has a cholesterol level of 135. Then find the z-score for someone whose cholesterol level is 217. (b) If x represents a possible cholesterol level from this population, find P(x > 135). (c) Find P(135 < x < 217) and give an interpretation of this value. (d) The top 11% of all people in this group have cholesterol levels that make them “at-risk” for heart problems. Determine the raw-score cholesterol level which separates the at-risk people from the rest of the group.

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Which of the Following is Usually Present

Usually Present

Which of the Following is Usually Present for $1 Only (Instant Download)

Which of the following is usually present in urine in large amounts? Select all that apply.

Cells
Glucose
Urea
Protein

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Define Human Resource Management

Define Human Resource Management

Define Human Resource Management for $3 Only (Instant Download)

  1. Define human resource (HR) management and explain how it relates to the management process. Cite examples of the application of these concepts, preferably from personal, professional experience. 2. What is the difference between a strategy, a vision, and a mission? Give one example of each, from your work life. Discuss whether these example strategies, visions, or missions are effective, or not.

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Chapter 21 Salaur Company is Evaluating a Lease Arrangement

Chapter 21 Salaur Company is Evaluating a Lease Arrangement for $9 (Instant Download)

Chapter 21 Salaur Company is evaluating a lease arrangement being offered by TSP Company for use of a computer system. The lease is noncancelable, and in no case does Salaur receive title to the computers during or at the end of the lease term. The lease starts on January 1, 2011, with the first rental due at the beginning of the year.

Additional information related to the lease is as follows:

Yearly rental $3,557.25 Lease term 3 years Estimated economic life 5 years Purchase option $3,000 at end of 3 years, which approximates fair value Renewal option 1 year at $1,500; no penalty for nonrenewal; standard renewal clause Fair value at inception of lease $10,000 Cost of asset to lessor $10,000 Residual value Guaranteed 0 Unguaranteed $3,000 Incremental borrowing rate of lessee 12% Lessors implicit rate Executory costs paid by: Lessor; estimated to be $500 per year Estimated fair value at end of lesse $3,000 Accounting Analyze the lease capitalization criteria for this lease for Salaur Company. Prepare the journal entry for Salaur on January 1, 2011.

Analysis Briefly discuss the impact of the accounting for this lease for two common ratios: return on assets and debt to total assets. Principles What element of the reliability (representational faithfulness, verifiability, neutrality) is being addressed when a company like Salaur evaluates lease capitalization criteria?

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Case Study Philip Working Busy Care Facility

Busy Care Facility

Case study

Read the case study, then answer the questions that follow.

Philip has just commenced working in a busy care facility which provides care to many people who require full assistance with all aspects of their personal care. Zoe is Philip’s manager and has asked Philip to read and apply the manual handling policies, procedures and practices of his new workplace. Zoe has also requested that Philip be on the lookout for hazardous manual tasks and to report any that he becomes aware of.

  1. What important manual handling information should Phillip find in his workplace WHS policies and procedures?
  2. What are some common manual handling procedures and work instructions that Philip may be required to follow in order to minimise manual handling risk?
  3. What are some ways that Zoe may identify hazardous manual tasks in the workplace?

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Financial Ratio Analysis

Financial Ratio Analysis for $9 (instant Download)

Financial Ratio Analysis

The purpose of a financial ratio analysis is to explain the changes on the financial statements using ratio analysis supported by the numbers in the financial statements. This interactive web-based financial simulation will reinforce your understanding of financial ratios using a real world exercise. This case explores six hypothetical business decisions that managers at Dell Computer might make and each decision’s impact on the financial statements and resulting financial ratios. As with any writing assignment in this course, APA format is required, and proofread carefully as your writing quality is part of the grading rubric.

CASE ANALYSIS: Select ONE of the six hypothetical business decisions and using the attached rubric, analyze the decision and its impact on the related financial statements and overall organization using the financial ratios from Chapter 3 (not necessarily the ratios inside the assignment). There is no minimum number of words; rather, use the grading rubric to be certain you are comprehensive in your analysis.

Complete the revised ratios after the business decision to determine which ratios are affected the most.

Be sure to select the important ratios affected by the business decision, calculate the ratios and the change in the numbers and the ratio between the base statements and the revised statements.

Incorporate those ratios (base and revised) into your case analysis to demonstrate your point(s). Support the changes in the ratio by explaining WHY they increased/decreased. What specifically on the balance sheet or income statement caused the change? Do not include your opinion. A financial analysis should only address facts: what you know to be true. “I think sales dropped because…” is not appropriate in a financial analysis.

Include percent increases/decreases to benchmark your measurements as to what changes are significant or insignificant. (Review this formula from previous courses if necessary: “NO/O” formula = (New value – Original Value) / Original Value = Percent Increase/Decrease.

BE SURE TO:

Embed the financial ratios into the narrative. Tables are great tools, but they shouldn’t “tell” the story; the narrative (paragraph form) does that.

Label all ratios appropriately: times or “X” or with a %. Numbers, if currency, must be labeled with a $.

All numbers greater than 999 MUST have commas in the appropriate places.

If numbers are stated in thousands, then you must state that. If I see a number, $45,000 then I assume it’s forty-five thousand, but the tables are in 000’s so the number is really $45 million.

If a ratio increased from 50% to 60%, the increase is represented as 10 (percentage) points for an increase of 20% (50-60/50). It’s NOT a 10% increase.

PROOFREAD, PROOFREAD, PROOFREAD: Some of the basic writing errors are improper pronoun/antecedent agreement, misuse of punctuation especially commas and apostrophes, random verb tense changes that are without cause or reason, proper nouns that are not capitalized and common nouns that are capitalized. Please pay close attention to your writing quality and use the Writing Center or the polishmywriting.com website.

Revised Income Statement Revised Balance Sheet (Base Assets (millions) (millions) Sales Cost of Goods Sold Gross Profit (Base) 5152 3635 3635 327 1519 1519 10999 10633 8678 1967719311 5018 41444 41444 33892 75527552 Cash and Equivalents Accounts Receivable Inventory Other Current Assets 33892 827 Selling and G&A Expenses Depreciation Expense DEBIT 3932 263 3357 3745 263 3544 Total Current Assets Net Fixed Assets Total Assets Liabilities and Owners Equity 8678 Interest Income Interest Expense Earnings Before Taxes Taxes Net Income 194 14 3537 1026 2511 194 14 3724 1080 11396 10896 505 1630 1353113031 6280 19677 19311 、Total Current Liabilities Long-term Debt Other Non-current Liabilities 505 1630 Total Liabilities 2644 Total Shareholders Equity 6146 Total Liabilities and owners Equity Profitability Ratios: Efficiency Ratios: Return on Equity (%) Return on Assets (%) 42.10 % 13.69 % Receivables Turnover (X) Inventory Turnover (X) 11.40 103.65 Leverage Ratios: Liquidity Ratios: 3.08Current Ratio (X) 0.08 0.98 Assets to Equity Long-term Debt to Equity Cash Ratio (X)

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Answer for Computer Controlled Conveyor Belt

Computer Controlled Conveyor Belt

Answer for Computer-Controlled Conveyor Belt for $9 (Instant Download)

The new computer-controlled conveyor belt is an exciting project that moves and positions items on the conveyor belt within <1 millimeter. The proposed project will produce a new system for future installations, and for replacement of those in the field, at a low cost. The computer controlled conveyor belt has the potential to be a critical unit in 30 percent of the systems installed in factories. The new system is also easier to update with future technologies.

Part 1:

Use the following information to develop a MS Project file. DO NOT ADD THE RESOURCES INTO THE FILE AT THIS TIME.

ActivityDescriptionResourceDuration (Days)Precedence
1Architectural designsDesign25
2Hardware specificationsDevelopment, design501
3Kernel SpecificationsDesign201
4Utilities SpecificationsDevelopment, design151
5Hardware designDesign, development702
6Disk driversAssembly, development1003
7Memory managementDevelopment903
8Operating system documentationDesign, Development253
9Routine utilitiesDevelopment604
10Complex utilitiesDevelopment804
11Utilities documentationDocumentation, design204
12Hardware documentationDocumentation, design305
13Integration first phaseAssembly, development506,7,8,9,10,11,12
14PrototypesAssembly, development8013
15Serial I/O driversDevelopment13013
16System hard/software testAssembly2514,15
17Order printed circuit boardsPurchasing516
18Network interfaceDevelopment9016
19ShellDevelopment6016
20Project documentationDocumentation, development5016
21Assemble preproductionAssembly, development3017FS+50
22Integration acceptance testAssembly. development6018,19,20,21

The project will begin on January 4, 2016. The project team will work eight hours per day Monday thru Friday. Create a new calendar with the stated work days and hours and the following holidays:

New Year’s day

Memorial Day (last Monday in May)

July 4th

Bastille Day (July 14)

Labor Day (first Monday in September)

Thanksgiving (the 4th Thursday in November and the following Friday)

December 24 and 25

If the holiday falls on a Saturday then make the holiday the previous Friday, if the holiday falls on a Sunday then make the holiday the following Monday.

Answer the following questions in a word document:

When is the date that the project estimated to be completed?

How many days will the project take?

What activities are on the critical path?

Which activity has the greatest amount of slack?

Which do you prefer a Network diagram or the Gantt Chart? Why?

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The ARC Company Specializes in Developing

ARC Company

Answer of The ARC Company Specializes in Developing in $9 Only

The ARC Company specializes in developing and selling a wide range of high-quality scooters. Sales representatives report that there is a growing demand for racing scooters. ARC’s president, Robin Lane, is excited about the possibilities and predicts that one day these kinds of razor scooters will be featured in X-Game events. ARC is a small company and uses a strong matrix to optimally utilize limited manpower. The Project Priority Matrix for the Red Zuma Project is:

You are a member of a project team assigned to develop the new razor scooter code named “Red Zuma.” Table A2.5 contains the information necessary to create a project schedule. For the purpose of this case assume the following:

1. The project begins January 2, 2015.

2. The following holidays are observed: January 1, Martin Luther King Day (third Monday in January), Memorial Day (last Monday in May), July 4th, Labor Day (first Monday in September), Thanksgiving Day (4th Thursday in November), December 25.

3. If a holiday falls on a Saturday, then Friday will be given as an extra day off, and if it falls on a Sunday, then Monday will be given as a day off. If December 25th falls on a Friday then Monday will not be given a day off.

4. The project team works eight-hour days, Monday through Friday

Completed table A2.5TABLE 1IDTask NameDurationPredecessorsESEFLSLFSLACK (LS-ES)CRITICAL ACTIVITY11 Red Zuma Project26021.1 Market Analysis250250250Y31.2 Product Design302255525550Y41.3 Manufacturing Study2022545355510N51.4 Product Design Selection103, 4556555650Y61.5 Detailed Marketing Plan1556580244259179N71.6 Manufacturing Process305659512015055N81.7 Detailed Product Design45565110651100Y91.8 Build Prototypes2581101351101350Y101.9 Lab Test Prototypes1091351451401505N111.10 Field Test Prototypes1591351501351500Y121.11 Finalized Product Design207,10,111501701501700Y131.12 Final Manufacturing Process10121701801701800Y141.13 Order Components71217017719722427N151.14 Order Production Equipment14131801941802240Y161.15 Install Production Equipment3514FS+20 days, 15FS+30 days2242592242590Y171.16 Celebrate16, 162592602592600Y
The project will be completed on 8th January, 2016
The project will take a year and 6 days to complete.Based on the TABLE 1, the Critical path is 2,3,5,8,9,11,12,13,15,16,17 (activities with 0 slack)

Based on Table 1: The activity that has the greatest amount of slack is Activity 6:”1.5 Detailed Marketing Plan” with a Slack of 179 days

4. When the project has multiple critical paths then the project is considered Sensitive whereas, when there is only one critical path, and other activities have Slack, then the project is considered insensitive, Hence, this project is insensitive

The following personnel have been assigned full-time to the Red Zuma project team:

4 marketing specialists

4 design engineers

4 development engineers

4 industrial engineers

4 test riders

2 purchasing agent

Use the file from Part 1 and the information contained in Tables A2.6 and A2.7 to assign resources to the project schedule.

Table A2.6

Red Zuma: Project Resources

$Number Available
Marketing specialist$80.000yr4
Design Engineer$125.000yr4
Development Engineer$110.000yr4
Industrial Engineer$100.000yr4
Purchasing Agent$75.000yr2
Test Rider&75.00hr4

Note: MS Project considers resources in terms of percentages with one full-time worker being 100%.

TABLE A2.7 Red Zuma Resource Assignments

Task NameResources Names
Red Zuma Project
Market AnalysisMarketing Specialist [400%]
Product DesignMarketing Specialist, Design Engineer [400%], Development Engineer [200%], Industrial Engineer, Purchasing Agent
Manufacturing StudyIndustrial Engineer [400%], Development Engineer [200%]
Product Design SelectionMarketing Specialist [200%], Design Engineer [300%], Development Engineer [200%], Industrial Engineer [200%], Purchasing Agent [25%]
Detailed Marketing PlanMarketing Specialist [400%]
Manufacturing ProcessDesign Engineer, Development Engineer [200%], Industrial Engineer [300%]
Detailed Product DesignMarketing Specialist [200%], Design Engineer [400%], Development Engineer [200%], Industrial Engineer [200%], Purchasing Agent [25%]
Build PrototypesDesign Engineer [200%], Development Engineer [200%], Industrial Engineer [400%]
Lab Test PrototypesDesign Engineer [200%], Development Engineer [200%], Test Rider
Field TestsMarketing Specialist, Design Engineer [200%], Development Engineer, Industrial Engineer, Test Rider [300%]
Finalized Product DesignMarketing Specialist [200%], Design Engineer [300%], Development Engineer [300%], Industrial Engineer [200%], Purchasing Agent [25%]
Final Manufacturing ProcessIndustrial Engineer [300%], Design Engineer, Purchasing Agent [25%]
Order ComponentsPurchasing Agent
Order Production EquipmentPurchasing Agent
Install Production EquipmentDesign Engineer, Development Engineer [300%], Industrial Engineer [400%]
CelebrationDesign Engineer [400%], Development Engineer [400%], Industrial Engineer [400%], Marketing Specialist [400%], Purchasing Agent [200%]

Note: Resource assignments without brackets are 100%.

Prepare a memo that addresses the following questions:

1. Which if any of the resources are over allocated?

2. Assume that the project is time constrained and try to resolve any over allocation problems by leveling within slack. What happens?

3. What is the impact of leveling within slack on the sensitivity of the network? Include a Gantt chart with the schedule table after leveling within slack.

4. Assume that the project is resource constrained and no additional personnel are available. How long will the project take given the resources assigned? (Hint: Undo leveling performed in Part A before answering this question.)

Note: No splitting of activities is allowed.

5. How does the new duration compare with the estimated completion date generated from Part 1? What does this tell you about the impact resources can have on a schedule?

Include a Gantt chart with a schedule table displaying free and total slack depicting the resource-constrained schedule.

Part B

Top management is not happy with the resource-constrained schedule. Robin Lane, the president, has promised retailers that ARC will begin production in time for the major trade show in Las Vegas on January 22, 2016, which means the project needs to be completed by January 17, 2016. She has authorized working the first available Saturday of each month to help the project get completed sooner. She realizes that this will only reduce the project duration by 12–13 days.

After talking to the engineers, everyone agrees that they do not have to wait for the Detailed Product Design to be 100% completed before starting to build the prototype. The consensus is that Building the Prototype can start 30 days after the start of the Detailed Product Design. Likewise the Final Manufacturing Process can start 15 days after the start of Finalized Product Design.

Dewey Martin, director of product development, is also willing to add personnel to the project. He is willing to make available at least one more Development, Design, and/or Industrial Engineer to the project as well as Marketing Specialist. Since there is an acute shortage of personnel at ARC he requests that you only use additional manpower that will help meet the deadline. Your objective is to develop a schedule which will satisfy the deadline with minimum additional resource usage. Prepare a memo that addresses the following

1. What was the impact of introducing Start-to-Start lags to the schedule and budget?

2. Which, if any additional personnel assignments, would you choose to complete the project before the January 17th deadline? Explain your choices as well as the reasons for not choosing other options.

3. How have these changes affected the sensitivity of the network and the critical path?

Include a Gantt chart with a schedule table displaying free and total slack for the new schedule.

Note: Do not assign new personnel to specific tasks; simply add them to the Re- source Sheet. All new personnel are available full time (100%).

At first glance—this appears to be a very complicated, difficult assignment, but if you enter the information correctly, the computer is able to generate the answers with a few simple clicks

Part 3

Top management has accepted the schedule created at the end of Part 2.

Prepare a brief memo that addresses the following questions:

1. How much will the project cost? What is the most expensive activity?

2. What does the cash flow statement tell you about how costs are distributed over the life span of the project?

Include a monthly cash flow for the project

. Once you are confident that you have the final schedule, save the file as a baseline. Hint: Save a backup file just in case without baseline!

Part 4

Part A

Today’s date is July 8, 2015, the milestone date for the completion of the Prototype. You are charged with preparing a status report for top management. Table A2.8 summarizes progress

on the Red Zuma project:

Submit a professional status report to Robin Lane that addresses the following questions:

1. How is the project progressing in terms of cost and schedule?

2. What activities have gone well? What activities have not gone well?

3. How much of the project has been accomplished (PCIB)?

4. What is the forecasted cost at completion (EACf)?

5. What is the estimated completion date?

6. How is the project doing in terms of priorities (see Part 1)?

Report and interpret relevant Earned Value metrics in your report.

Include a Tracking Gantt chart as well as an Earned Value Table with your memo.

TABLE A2.8 Red Zuma Project Update

Task NameAct. StartAct Finish% CompPhys%Comp.Act Dur.Rem. Dur.
1 Red ZumaFri 1/9/15N/A46%0%125.85 days146.6 days
1.1 Market AnalysisFri 1/9/15Thur 2/12/15100%0%25days0 days
1.2 Product DesignFri 2/13/15Wed 4/1/15100%0%35 days0 days
1.3 Manuf. StudyFri 2/13/15Fri 3/6/15100%0%16 days0 days
1.4 Pro Des. Sel.Thu 4/2/15Fri 4/17/15100%0%13 days0 days
1.5 Detailed Mark. PlanN/AN/A0%0%0 days15 days
1.6 Manuf. ProcessN/AN/A0%0%0 days30 days
1.7 Det. Prod. DesignMon 4/20/15Wed 6/24/15100%049 days14 days
1.8 Build PrototypeWed 6/10/15N/A39%0%9 days14 days
1.9 Lab Test PrototypesN/AN/A0%0%0 days10 days
1.10 Field Test PrototypeN/AN/A0%0%0 days15 days
1.11 Finalized Prod DesignN/AN/A0%0%0 days20 days
1.12 Final Manuf. ProcessN/AN/A0%0%0 days10 days
1.13 Order ComponentsN/AN/A0%0%0 days7 days
1.14 Order production EquipN/AN/A0%0%0 days14 days
1.15 Install Production EquipN/AN/A0%0%0 days35 days
1.16 CelebrateN/AN/A0%0%0 days1 days

Part B

You have told Robin Lane that based on what you know now you need to revise the estimates for some of the remaining activities. Detailed Product Design is expected to take 3 days longer than planned. Build Prototypes is expected to take 2 days less than planned and Finalized Product Design is expected to take 3 days longer than planned. Final Manufacturing Process is expected to take 2 days less than planned, while Install Production Equipment is now expected to take only 30 days. You also report that Detailed Marketing plan will be completed before the end of the New Year. She is insisting that the project be completed by January 17th in order to be ready for the Las Vegas show. She is willing to spend $50,000 from Management Reserves to expedite shipping if necessary. $25,000 would reduce the shipping of components by 5 days and/or $25,000 would reduce the shipping of manufacturing parts by 5 days (Hint: Adjust lag). Prepare a memo to Robin that addresses the following questions:

1. What is the impact of the revised estimates for Finalized Product Design and Install    Production Equipment on the project schedule and cost?

2. Would you recommend authorizing the expenditure of $50,000? Explain.

3. What, if any other recommendations, would you make so that the project can achieve Robin’s deadline? Justify your recommendations.

Include a Tracking Gantt chart with variance schedule that depicts your final recommendations and revised schedule.

Hint: After adjusting the Installation of Production Equipment and Finalized Product Design, level outside of slack to eliminate any resource over allocation problems.

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Mabbut Company Departmental Manufacturing Layout

Mabbut Company Departmental Manufacturing Layout

Mabbut Company Departmental Manufacturing Layout for $9 Only (Instant Download)

Mabbut Company has the following departmental manufacturing layout for one of its plants:

10 minutes 5 minutes Move and wait time- 20 minutes Wait time 12 minutes Welding Cutting Move and wait time 25 minutes minutes 8 minutes Move and wait time -18 minutes Polishing

A consulting firm recommended a value stream with the following manufacturing cell:

10 minutes 5 minutes Cutting Welding Polishing Finishing /minutes 8 minutes

Required:

1. Calculate the total time it takes to produce a batch of 10 units using the traditional departmental manufacturing layout.

minutes = “Find me”

2. Using cellular manufacturing, how much time is saved producing the same batch of 10 units?
minutes =”Find me”

Assuming the cell operates continuously, what is the production rate?
units per hour = 6

3. Assume the processing time of Welding is reduced to 6 minutes, while the times of the other processes stay the same. What is the production rate now? Round your answer to one decimal place.

units per hour =”Find me”

How long will it take to produce a batch of 10 units if the cell is in a continuous production mode?

minutes = 75

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Red Zuma Project with Microsoft Project File

Red Zuma Project with Microsoft Project File MPP for $15 Only (Instant Download)

Red Zuma Project

The ARC Company specializes in developing and selling a wide range of high-quality scooters. Sales representatives report that there is a growing demand for racing scooters. ARC’s president, Robin Lane, is excited about the possibilities and predicts that one day these kinds of razor scooters will be featured in X- Game events. ARC is a small company and uses a strong matrix to optimally utilize limited manpower.

Part 1

The Project Priority Matrix for the Red Zuma Project is:

Need MPP (Microsoft Project File) file for Red Zum

Part 1

You are a member of a project team assigned to develop the new razor scooter code named “Red

Zuma.” Table A2.5 contains the information necessary to create a project schedule. For the purpose of this case assume the following:

1. The project begins January 2, 2015.

2. The following holidays are observed: January 1, Martin Luther King Day (third Monday in January), Memorial Day (last Monday in May), July 4th, Labor Day (first Monday in September), Thanksgiving Day (4th Thursday in November), December 25.

3. If a holiday falls on a Saturday, then Friday will be given as an extra day off, and if it falls on a

Sunday, then Monday will be given as a day off. If December 25th falls on a Friday then Monday will not be given a day off.

4. The project team works eight-hour days, Monday through Friday.

TABLE A2.5 Red Zuma: Project Schedule

Construct a network schedule for this project and prepare a memo that answers the following questions:

1. When is the project estimated to be completed? How long will the project take?

2. What is the critical path for the project?

3. Which activity has the greatest amount of slack?

4. How sensitive is this network?

5. Identify two sensible milestones and explain your choices.

Include the following printouts:

    A Gantt chart.

    A network diagram highlighting the critical path.

    A schedule table reporting ES, LS, EF, LF, and slack for each activity.

Part 2

The following personnel have been assigned full-time to the Red Zuma project team:

4 marketing specialists

4 design engineers

4 development engineers

4 industrial engineers

4 test riders

2 purchasing agent

Use the file from Part 1 and the information contained in Tables A2.6 and A2.7 to assign resources to the project schedule.

TABLE A2.6 Red Zuma: Project Resources

TABLE A2.7 Red Zuma Resource Assignments

Part A

Prepare a memo that addresses the following questions:

1. Which if any of the resources are overallocated?

2. Assume that the project is time constrained and try to resolve any overallocation problems by leveling within slack. What happens?

3. What is the impact of leveling within slack on the sensitivity of the network?

Include a Gantt chart with the schedule table after leveling within slack.

4. Assume that the project is resource constrained and no additional personnel are available. How long will the project take given the resources assigned? (Hint: Undo leveling performed in Part A before answering this question.)

Note: No splitting of activities is allowed.

5. How does the new duration compare with the estimated completion date generated from Part 1?

What does this tell you about the impact resources can have on a schedule?

Include a Gantt chart with a schedule table displaying free and total slack depicting the resource-constrained schedule.

Part B

Top management is not happy with the resource-constrained schedule. Robin Lane, the president, has promised retailers that ARC will begin production in time for the major trade show in Las Vegas on January

22, 2016, which means the project needs to be completed by January 17, 2016. She has authorized working the first available Saturday of each month to help the project get completed sooner. She realizes that this will only reduce the project duration by 12–13 days.

After talking to the engineers, everyone agrees that they do not have to wait for the Detailed Product Design to be 100% completed before starting to build the prototype. The consensus is that Building the Prototype can start 30 days after the start of the Detailed Product Design. Likewise the Final Manufacturing Process

can start 15 days after the start of Finalized Product Design.

Dewey Martin, director of product development, is also willing to add personnel to the project. He is willing to make available at least one more Development, Design, and/or Industrial Engineer to the project as well as Marketing Specialist. Since there is an acute shortage of personnel at ARC he requests that you only use additional manpower that will help meet the deadline. Your objective is to develop a schedule which will satisfy the deadline with minimum additional resource usage.

Prepare a memo that addresses the following questions:

1. What was the impact of introducing Start-to-Start lags to the schedule and budget?

2. Which, if any additional personnel assignments, would you choose to complete the project before the January 17th deadline? Explain your choices as well as the reasons for not choosing other options.

3. How have these changes affected the sensitivity of the network and the critical path?

Include a Gantt chart with a schedule table displaying free and total slack for the new schedule.

Note: Do not assign new personnel to specific tasks, simply add them to the Resource Sheet. All new personnel are available full time (100%).

Part 3

Top management has accepted the schedule created at the end of Part 2. Prepare a brief memo that addresses the following questions:

1. How much will the project cost? What is the most expensive activity?

2. What does the cash flow statement tell you about how costs are distributed over the life span of the project?

Include a monthly cash flow for the project.

Once you are confident that you have the final schedule, save the file as a baseline. Hint: Save a backup file just in case without baseline!

Part 4

Part A

Today’s date is July 8, 2015, the milestone date for the completion of the Prototype. You are charged with preparing a status report for top management. Table A2.8 summarizes progress on the Red Zuma project:

Submit a professional status report to Robin Lane that addresses the following questions:

1. How is the project progressing in terms of cost and schedule?

2. What activities have gone well? What activities have not gone well?

3. How much of the project has been accomplished (PCIB)?

4. What is the forecasted cost at completion (EACf)?

5. What is the estimated completion date?

6. How is the project doing in terms of priorities (see Part 1)?

Report and interpret relevant Earned Value metrics in your report.

Include a Tracng Gantt chart as well as an Earned Value Table with your memo. TABLE A2.8 Red Zuma Project Update

Part B

You have told Robin Lane that based on what you know now you need to revise the estimates for some of the remaining activities. Detailed Product Design is expected to take 3 days longer than planned. Build Prototypes is expected to take 2 days less than planned and Finalized Product Design is expected to take 3 days longer than planned. Final Manufacturing Process is expected to take 2 days less than planned, while Install Production Equipment is now expected to take only 30 days. You also report that Detailed Marketing plan will be completed before the end of the New Year. She is insisting that the project be completed by January 17th in order to be ready for the Las Vegas show. She is willing to spend $50,000 from Management Reserves to expedite shipping if necessary. $25,000 would reduce the shipping of components by 5 days and/or $25,000 would reduce the shipping of manufacturing parts by 5 days (Hint: Adjust lag). Prepare a memo to Robin that addresses the following questions:

1. What is the impact of the revised estimates for Finalized Product Design and Install Production

Equipment on the project schedule and cost?

2. Would you recommend authorizing the expenditure of $50,000? Explain.

3. What, if any other recommendations, would you make so that the project can achieve Robin’s deadline? Justify your recommendations.

Include a Tracking Gantt chart with variance schedule that depicts your final recommendations and revised schedule.

Hint: After adjusting the Installation of Production Equipment and Finalized Product Design, level outside of slack to eliminate any resource over allocation problems.

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Please, note that the answer is available in the word document file format.

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NRS 451VN Topic 4 DQ 2

NRS 451VN Topic 4 DQ 2 for $7 Only

Max Points: 10.0

Personal Affiliations

Personal affiliations and networking are important for nursing leaders. Why are these important? How will they benefit you in your career future? Identify two affiliations or a situation in which you have networked for the health of a population or your community.

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Assignment Global Warming and Vector-Borne Diseases

Global Warming

Assignment Global Warming and Vector-Borne Diseases (Benchmark Assignment) for $14 Only
Max Points: 100
Details:

In this two-part assignment.

Part 1: Illustration

Illustrate a particular environmental agent and its effect on the environment. You may use a flow chart, diagram, pictorial, or other instructor-approved format. The illustration should show:

1.     The vector-borne disease.

2.     The pathway or chain of the disease.

3.     The factors that contribute to the spread of the disease.

4.     The effect of the disease.

Part 2: Narrative

In a short narrative (750 words maximum), do the following:

1.     Identify the vector-borne disease.

2.     Explain in detail the factors contributing to global warming.

3.     Describe the effect of global warming on the incidence and prevalence of the disease.

4.     Utilize a minimum of three references to support your claims.

Prepare the narrative portion of the assignment according to APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment; therefore, students should review the rubric prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.

You are required to submitted the narrative portion of this assignment to Turnitin. Refer to the directions in the Student Success Center. Only Word documents can be submitted to Turnitin.

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BUS365 Week 5 Final Paper

BUS365 Week 5 Final Paper

BUS365 Week 5 Final Paper for $19 Only

Personal Creativity Paper

In an eight to ten page paper (not including the title and references pages), develop a Personal Creativity Paper that demonstrates an understanding of the reading assignments, class discussions, your own research, as well as the implications of new knowledge.

You need to analyze yourself to determine your personal level of creativity. Your Personal Creativity Paper must:

·   Assess your level of creativity. Be sure to support your assessment with examples.

·   Explain the role of creativity in your profession. Be sure to support your explanation with examples.

·   Describe at least two typical business situations in which creative thinking would lead to realizing better solutions or achieving opportunities.

·   Describe at least one thing you need to do differently to foster creative thinking approaches in business situations.

·   Explain three actions you can take to increase your personal creativity.

The Personal Creativity Paper

·   Must be eight to ten double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.)Links to an external site..

·   Must include a separate title page with the following: 

o   Title of paper

o   Student’s name

o   Course name and number

o   Instructor’s name

o   Date submitted

·   Must include an introductory paragraph with a succinct thesis statement.

·   Must address the topic of the paper with critical thought.

·   Must conclude with a restatement of the thesis and a conclusion paragraph.

·   Must use at least five scholarly sources: three articles, two websites, and your textbook.

·   Must use APA style as outlined in the approved APA style guide to document all sources.

Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

Carefully review the Grading Rubric (Links to an external site.)Links to an external site. for the criteria that will be used to evaluate your assignment.

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ECO204 Week 5 Discussion 2 for $7 Only

ECO204 Week 5 Discussion 2 for $7 Only
Tariffs and Quotas

Who gains and who loses from a tariff? How do the effects of tariffs differ from the effects of quotas? If you were a small country, what would you rather utilize?

Guided Response: Review the discussion board posts of your classmates. Note their analysis of those who gain and lose from a tariff. Respond to at least two of your classmates. Compare your classmates’ analyses on using tariffs vs. quotas by comparing to your own. Which is better?

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ECO204 Week 5 Discussion 1

ECO204 Week 5 Discussion 1

ECO204 Week 5 Discussion 1 for $7 Only
 Transfers

Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? Respond to at least two of your classmates.

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Assignment Health Care Policy Analysis

Assignment Health Care Policy Analysis

Assignment Health Care Policy Analysis for $15 Only

Max Points: 100

Details:

You are a health care policy analyst for the local health department. You have been tasked with identifying a policy relevant to health care (e.g., obesity, smoking, asthma, etc.) from your state health department. Once identified, you are to conduct a critical analysis of the policy using the six steps of policy analysis:

  1. Verify, define, and detail the problem.
  2. Establish evaluation criteria.
  3. Identify alternative policies.
  4. Evaluate alternative policies.
  5. Display and distinguish among alternative policies.
  6. Monitor the implemented policy.

 Present the analysis in a PowerPoint presentation (12-15 slides); make sure to include speaker notes.

 While APA format is not required for the body of this assignment, solid academic writing is expected and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

 This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment; therefore, students should review the rubric prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.

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