Question : 121. Inventory RecordThe inventory record for a particular item for Year : 1246013

Accounting

121. Inventory RecordThe inventory record for a particular item for Year 2 appears below.

Inventory, January 1, Year 2

20,000

$0.20

$4,000

Purchases:

March 2

4,000

.24

$ 960

April 30

3,000

.28

840

June 15

6,000

.32

1,920

September 30

2,000

.26

520

December 15

1,000

.20

200

Total purchases

16,000

$4,440

Total available for sale

36,000

$8,440

Units sold

28,000

Refer to the Inventory Record example. The cost of goods sold for year 2 under LIFO is: A. $6,120B. $6,320C. $6,520D. $6,840E. $6,940

122. Inventory RecordThe inventory record for a particular item for Year 2 appears below.

Inventory, January 1, Year 2

20,000

$0.20

$4,000

Purchases:

March 2

4,000

.24

$ 960

April 30

3,000

.28

840

June 15

6,000

.32

1,920

September 30

2,000

.26

520

December 15

1,000

.20

200

Total purchases

16,000

$4,440

Total available for sale

36,000

$8,440

Units sold

28,000

Refer to the Inventory Record example. The cost of goods sold for year 2 under weighted-average cost-flow assumption is (rounded to the nearest dollar): A. $7,772B. $6,972C. $6,564D. $6,220E. $6,020

123. A firm using FIFO had a beginning inventory of $48,000, an ending inventory of $56,000, and a pretax income of $400,000. If it had used LIFO, its beginning inventory would have been $20,000, its ending inventory would have been $16,000, and its pretax income would have been: A. $374,000B. $388,000C. $396,000D. $404,000E. $412,000

124. A firm using FIFO had a beginning inventory of $48,000, an ending inventory of $56,000, and a pretax income of $400,000. If it had used LIFO, its beginning inventory would have been $20,000, and its ending inventory would have been $16,000. From the information provided, one can conclude that: A. quantities increased and prices decreased.B. quantities decreased and prices increased.C. prices increased but we cannot conclude what happened to quantities.D. quantities decreased but we cannot conclude what happened to prices.E. not enough information to reach a conclusion.

125. Ethical issues may arise when management dips into LIFO layers A. when some LIFO liquidations are unavoidable due to shortages of raw materials.B. due to improved inventory control systems that reduce the amount of inventory needed.C. in order to manage earnings in a particular year rather than replenish inventories.D. all of the above.E. none of the above.

126. Fabulous Engine CompanyFabulous Engine Company is a wholesaler of marine engine parts. The activity of carburetor 2642J during the month of March is presented below.

Balance or

Unit

Date

Transaction

Units

Unit Cost

Sales Price

March 1

Inventory

3,200

$64.30

$86.50

Purchase

3,400

64.75

87.00

Sales

3,600

87.25

Purchase

3,500

66.00

87.25

Sales

3,450

88.00

(CMA adapted, Jun 96 #13) Refer to the Fabulous Engine Company example. If Fabulous uses a last-in, first-out periodic inventory system, the total cost of the inventory for carburetor 2642J at March 31 is A. $196,115B. $197,488C. $201,300D. $263,825E. $296,115

127. (CMA adapted, Jun 96 #15) Refer to the Fabulous Engine Company example. If Fabulous uses a weighted average periodic inventory system, the total cost of the inventory for carburetor 2642J at March 31 is A. $188,374B. $194,200C. $198,301D. $198,374E. $199,233

128. Unrealized holding gain denotes the difference between the A. current replacement cost of the inventory and its acquisition cost. B. selling price of the inventory and its original acquisition cost.C. acquisition cost of the inventory and its net realizable value.D. selling price of the inventory and its net realizable value.E. none of the above.

129. Managements face the decision as to when to replenish inventories at year-end. Assuming inflation, a company using LIFO would experience which of the following? A. Buy in December and these higher acquisition costs go into cost of goods sold. Wait until January of next year to purchase and the current year’s cost of goods sold contains costs older, usually lower, than December’s. B. Buy in December and these lower acquisition costs go into cost of goods sold. Wait until January of next year to purchase and the current year’s cost of goods sold contains costs older, usually higher, than December’s.C. Buy in December and these higher acquisition costs go into cost of goods sold. Wait until January of next year to purchase and the current year’s cost of goods sold contains costs older, usually higher, than December’s.D. Buy in December and these lower acquisition costs go into cost of goods sold. Wait until January of next year to purchase and the current year’s cost of goods sold contains costs older, usually lower, than December’s.E. none of the above

130. Sharp Inc. manufactures high quality sunglasses that carry the endorsements of several sports personalities. In an effort to achieve sales targets for the fourth quarter of the year, Sharp Inc. pressured its independent distributors to make unusually large orders of the sunglasses. Low-priced imitations of these sunglasses hit the market soon thereafter, causing the distributors to accumulate large inventories. The distributors shipped these sunglasses back to Sharp Inc. Sharp Inc.stored the returned sunglasses in a remote warehouse out of the view of its auditors and did not record them as returned goods. The actions A. are in accordance with U.S. GAAP.B. are in accordance with IFRS.C. violate ethical principles.D. are in accordance with U.S. GAAP, but not IFRS.E. are in accordance with IFRS, but not U.S. GAAP.

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July 1, 2023

Please use the following articles, professor feedback, rubric and attached PowerPoint

Assignment: Evidence-Based Capstone Project, Part 6: Disseminating Results

The dissemination of EBP results serves multiple important roles. Sharing results makes the case for your decisions. It also adds to the body of knowledge, which creates opportunities for future practitioners. By presenting results, you also become an advocate for EBP, creating a culture within your organization or beyond that informs, educates, and promotes the effective use of EBP.

To Prepare:

Review the final PowerPoint presentation you submitted in Module 5, and make any necessary changes based on the feedback you have received and on lessons you have learned throughout the course.
Consider the best method of disseminating the results of your presentation to an audience.

To Complete:

Create a 5-minute, 5- to 6-slide narrated PowerPoint presentation of your Evidence-Based Project.

Be sure to incorporate any feedback or changes from your presentation submission in Module 5.
Explain how you would disseminate the results of your project to an audience. Provide a rationale for why you selected this dissemination strategy.

Articles

Membrive-Jiménez, M. J., Pradas-Hernández, L., Suleiman-Martos, N., Vargas-Román, K., Cañadas-De la Fuente, G. A., Gomez-Urquiza, J. L., & De la Fuente-Solana, E. I. (2020). Burnout in Nursing Managers: A Systematic Review and Meta-Analysis of Related Factors, Levels and Prevalence. International Journal of Environmental Research and Public Health, 17(11). https://doi-org.ezp.waldenulibrary.org/10.3390/ijerph17113983

Chiara Dall’Ora, Jane Ball, Maria Reinius, & Peter Griffiths. (2020). Burnout in nursing: a theoretical review. Human Resources for Health, 18(1), 1–17. https://doi-org.ezp.waldenulibrary.org/10.1186/s12960-020-00469-9

Adams, A., Hollingsworth, A., & Osman, A. (2019). The Implementation of a Cultural Change Toolkit to Reduce Nursing Burnout and Mitigate Nurse Turnover in the Emergency Department. JEN: Journal of Emergency Nursing, 45(4), 452.

Suleiman-Martos, N., Gomez-Urquiza, J. L., Aguayo-Estremera, R., Cañadas-De La Fuente, G. A., De La Fuente-Solana, E. I., & Albendín-García, L. (2020). The effect of mindfulness training on burnout syndrome in nursing: A systematic review and meta-analysis. Journal Of Advanced Nursing. https://doi-org.ezp.waldenulibrary.org/10.1111/jan.14318

Professor's Feedback

Nice title slide.

Slide 2: "They aspire..." "Their vision...." "Their mission...." WHO is "they/their"?

The current problem is not completely defined. There are no notes pages. Scope of the problem is not clearly defined. There are only two sources listed-what about the four studies that should be critiqued here?

For the tables, share results not process. What did you learn about your topic specifically from the tables? This is the evidence to support the change you want to make.

The elements required are incomplete. Be sure to review the rubric each week, and to fully describe and discuss as required. Thanks for your hard work this week. I appreciate your efforts. I look forward to more information next week.

RUBRIC

Part 6: Disseminating Results

Create a 5-minute, 5- to 6-slide narrated PowerPoint presentation of your Evidence-Based Project:

· Be sure to incorporate any feedback or changes from your presentation submission in Module 5.
· Explain how you would disseminate the results of your project to an audience. Provide a rationale for why you selected this dissemination strategy.--

Levels of Achievement:Excellent 81 (81.00%) - 90 (90.00%)The narrated presentation accurately and completely summarizes the evidence-based project. The narrated presentation is professional in nature and thoroughly addresses all components of the evidence-based project.

The narrated presentation accurately and clearly explains in detail how to disseminate the results of the project to an audience, citing specific and relevant examples.

The narrated presentation accurately and clearly provides a justification that details the selection of this dissemination strategy that is fully supported by specific and relevant examples.

The narrated presentation provides a complete, detailed, and specific synthesis of two outside resources related to the dissemination strategy explained. The narrated presentation fully integrates at least two outside resources and two or three course-specific resources that fully support the presentation.Good 72 (72.00%) - 80 (80.00%)The narrated presentation adequately summarizes the evidence-based project. The narrated presentation is professional in nature and adequately addresses the components of the evidence-based project.

The narrated presentation accurately explains how to disseminate the results of the project to an audience; some specific examples may be provided.

The narrated presentation accurately provides a justification for the selection of this dissemination strategy and may be supported by specific examples.

The narrated presentation provides an accurate synthesis of at least one outside resource related to the dissemination strategy explained. The narrated presentation integrates at least one outside resource and two or three course-specific resources that may support the presentation.Fair 63 (63.00%) - 71 (71.00%)The narrated presentation vaguely, inaccurately, or incompletely summarizes the evidence-based project. The narrated presentation may be professional in nature and somewhat addresses the components of the evidence-based project.

The narrated presentation inaccurately or vaguely explains how to disseminate the results of the project to an audience; inaccurate or vague examples may be provided.

The narrated presentation inaccurately or vaguely provides a justification for the selection of this dissemination strategy and may be supported by inaccurate or vague examples.

The narrated presentation provides a vague or inaccurate synthesis of outside resources reviewed related to the dissemination strategy explained. The response minimally integrates resources that may support the presentation.Poor 0 (0.00%) - 62 (62.00%)The narrated presentation vaguely and inaccurately summarizes the evidence-based project or is missing. The narrated presentation is not professional in nature and inaccurately and incompletely addresses the components of the evidence-based project or is missing.

The narrated presentation vaguely and inaccurately explains how to disseminate the results of the project to an audience, no examples are provided, or it is missing.

The narrated presentation vaguely and inaccurately provides a justification for the selection of this dissemination strategy, no examples are provided, or it is missing.

The narrated presentation provides a vague and inaccurate synthesis of outside resources reviewed related to the dissemination strategy explained or is missing. The presentation fails to integrate any resources to support the presentation.

Written Expression and Formatting—Paragraph Development and Organization:

Paragraphs make clear points that support well-developed ideas, flow logically, and demonstrate continuity of ideas. Sentences are carefully focused—neither long and rambling nor short and lacking substance. A clear and comprehensive purpose statement and introduction is provided which delineates all required criteria.--

Levels of Achievement:Excellent 5 (5.00%) - 5 (5.00%)Paragraphs and sentences follow writing standards for flow, continuity, and clarity.

A clear and comprehensive purpose statement, introduction, and conclusion is provided which delineates all required criteria.Good 4 (4.00%) - 4 (4.00%)Paragraphs and sentences follow writing standards for flow, continuity, and clarity 80% of the time.

Purpose, introduction, and conclusion of the assignment is stated yet is brief and not descriptive.Fair 3.5 (3.50%) - 3.5 (3.50%)Paragraphs and sentences follow writing standards for flow, continuity, and clarity 60–79% of the time.

Purpose, introduction, and conclusion of the assignment is vague or off topic.Poor 0 (0.00%) - 3 (3.00%)Paragraphs and sentences follow writing standards for flow, continuity, and clarity less than 60% of the time.

No purpose statement, introduction, or conclusion was provided.

Written Expression and Formatting—English Writing Standards:

Correct grammar, mechanics, and proper punctuation.--

Levels of Achievement:Excellent 5 (5.00%) - 5 (5.00%)Uses correct grammar, spelling, and punctuation with no errors.Good 4 (4.00%) - 4 (4.00%)Contains a few (one or two) grammar, spelling, and punctuation errors.Fair 3.5 (3.50%) - 3.5 (3.50%)Contains several (three or four) grammar, spelling, and punctuation errors.Poor 0 (0.00%) - 3 (3.00%)Contains many (five or more) grammar, spelling, and punctuation errors that interfere with the reader’s understanding.