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Question : 65. Budgeted collections from customers in December total: A. $55,000.B. $60,000.C. $64,000.D. $59,000. 66. : 1229624

Accounting

 

 

65. Budgeted collections from customers in December total: 
A. $55,000.
B. $60,000.
C. $64,000.
D. $59,000.

 

 

66. Armstrong, Inc. uses a flexible budget. Armstrong produced 16,000 units in May incurring direct materials cost of $20,480. Its master budget for the year projected direct materials cost of $362,500, at a production volume of 290,000 units. A flexible budget for May should reflect direct materials cost of: 
A. $20,480.
B. $20,000.
C. $21,000.
D. $19,750.

 

 

Skelton Corporation had planned to produce 50,000 units of product during the first quarter of the current year. The company prepared the following budget on May 1:

  

During the first quarter, Carson produced 60,000 units and incurred total manufacturing costs of $180,000.

 

67. Which of the following amounts should not be included in Skelton’s flexible budget at a 60,000-unit level? 
A. Direct materials used, $43,200.
B. Direct labor, $54,000.
C. Variable overhead, $27,000.
D. Fixed manufacturing overhead, $70,200.

 

 

68. A performance report for Skelton’s first quarter of operations using a flexible budget approach would show: 
A. Actual costs over budget by $1,300.
B. Actual costs over budget by $11,700.
C. Actual costs over budget by $15,150.
D. Total costs per the flexible budget of $194,400.

 

 

69. The cost-volume relationship used to prepare Skelton’s flexible budget for various production levels includes: 
A. Fixed cost of $1.17 per unit.
B. Manufacturing overhead costs of $1.43 per unit.
C. Variable costs of $2.07 per unit.
D. Total cost of $3.05 per unit.

 

 

Baskin Promotions, Inc. sells T-shirts decorated for a variety of concert performers. The company has developed the following budget for the coming year based on a sales forecast of 80,000 T-shirts:

  
Cost of goods sold and variable operating expenses vary directly with sales, and the income tax rate is 30% at all levels of operating income.
If the concert season is slow due to poor weather, Baskin estimates that sales could fall to as low as 60,000 T-shirts.

 

70. In a flexible budget for sales of 60,000 T-shirts, how much would Baskin budget for operating expenses? 
A. $238,800.
B. $338,800.
C. $218,400.
D. $418,400.

 

 

71. What unit cost did Baskin use in budgeting the cost of goods sold for the year? 
A. $6.
B. $10.25.
C. $17.50.
D. Some other amount.

 

 

72. Assume Baskin actually achieves the 60,000 unit sales level, and that net income actually earned at this level was $70,000. A performance report would indicate that net income was: 
A. $2,660 over budget.
B. $43,120 under budget.
C. $90,000 under budget.
D. At the budgeted level.

 

 

73. The Mentha company currently has the following statistics:
Days in inventory 80
Days in accounts receivable 68
What is Mentha’s operating cycle? 
A. 80.
B. 68.
C. 148.
D. Cannot be determined from the information given.

 

 

74. The Mentha company currently has the following statistics:

Days in inventory 80
Operating cycle 148
What is Mentha’s days in accounts receivable? 
A. 80.
B. 68.
C. 148.
D. Cannot be determined from the information given.

 

 

75. The Mentha company currently has the following statistics:

Days in accounts receivable 68
Operating cycle 148
What is Mentha’s days in inventory? 
A. 80.
B. 68.
C. 148.
D. Cannot be determined from the information given.

 

 

76. Benefits derived from budgeting do not include: 
A. Improved relationship with shareholders.
B. Enhanced management responsibilities.
C. Improved coordination of activities.
D. Enhanced performance evaluations.

 

 

77. The most widely used budgeting philosophy is the: 
A. Operational approach.
B. Behavioral approach.
C. Strategic approach.
D. Tactical approach.

 

 

78. Capital expenditures budgets are typically prepared for a period of: 
A. 3 months.
B. 6 months.
C. The entire fiscal year.
D. Several years.

 

 

 

 

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July 1, 2023
    

 

Whether in a scholarly or practitioner setting, good research and data analysis should have the benefit of peer feedback. For this Discussion, you will perform an article critique on t tests. Be sure and remember that the goal is to obtain constructive feedback to improve the research and its interpretation, so please view this as an opportunity to learn from one another.

To prepare for this Discussion:

  • Review the Learning Resources and the media programs related to t tests.
  • Search for and select a quantitative article specific to your discipline and related to t tests. Help with this task may be found in the Course guide and assignment help linked in this week’s Learning Resources. Also, you can use as a guide the Research Design Alignment Table located in this week’s Learning Resources

ASSIGNMENT 

Write a 3- to 5-paragraph critique of the article. In your critique, include responses to the following:

  • Which is the research design used by the authors?
  • Why did the authors use this t test?
  • Do you think it’s the most appropriate choice? Why or why not?
  • Did the authors display the data?
  • Do the results stand alone? Why or why not?
  • Did the authors report effect size? If yes, is this meaningful?  

 

Required Readings

Frankfort-Nachmias, C., Leon-Guerrero, A., & Davis, G. (2020). Social statistics for a diverse society (9th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 8, “Testing Hypothesis” (pp. 243-279)

Wagner, III, W. E. (2020). Using IBM® SPSS® statistics for research methods and social science statistics (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 6, “Testing Hypotheses Using Means and Cross-Tabulation” (previously read in Week 5)
Chapter 11, “Editing Output” (previously read in Week 2, 3, and 4)

Walden University Library. (n.d.). Course Guide and Assignment Help for RSCH 8210. Retrieved from http://academicguides.waldenu.edu/rsch8210
For help with this week’s research, see this Course Guide and related weekly assignment resources.

Document: Week 6 t test Scenarios (PDF)
Use these scenarios to complete this week’s Assignment. (see attachments)

must be apa written

Must USE SUBHEADING 

TURN IT IN REQUIRED 

default image
July 1, 2023
    

 

Whether in a scholarly or practitioner setting, good research and data analysis should have the benefit of peer feedback. For this Discussion, you will perform an article critique on t tests. Be sure and remember that the goal is to obtain constructive feedback to improve the research and its interpretation, so please view this as an opportunity to learn from one another.

To prepare for this Discussion:

  • Review the Learning Resources and the media programs related to t tests.
  • Search for and select a quantitative article specific to your discipline and related to t tests. Help with this task may be found in the Course guide and assignment help linked in this week’s Learning Resources. Also, you can use as a guide the Research Design Alignment Table located in this week’s Learning Resources

ASSIGNMENT 

Write a 3- to 5-paragraph critique of the article. In your critique, include responses to the following:

  • Which is the research design used by the authors?
  • Why did the authors use this t test?
  • Do you think it’s the most appropriate choice? Why or why not?
  • Did the authors display the data?
  • Do the results stand alone? Why or why not?
  • Did the authors report effect size? If yes, is this meaningful?  

 

Required Readings

Frankfort-Nachmias, C., Leon-Guerrero, A., & Davis, G. (2020). Social statistics for a diverse society (9th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 8, “Testing Hypothesis” (pp. 243-279)

Wagner, III, W. E. (2020). Using IBM® SPSS® statistics for research methods and social science statistics (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 6, “Testing Hypotheses Using Means and Cross-Tabulation” (previously read in Week 5)
Chapter 11, “Editing Output” (previously read in Week 2, 3, and 4)

Walden University Library. (n.d.). Course Guide and Assignment Help for RSCH 8210. Retrieved from http://academicguides.waldenu.edu/rsch8210
For help with this week’s research, see this Course Guide and related weekly assignment resources.

Document: Week 6 t test Scenarios (PDF)
Use these scenarios to complete this week’s Assignment. (see attachments)

must be apa written

Must USE SUBHEADING 

TURN IT IN REQUIRED 

default image
July 1, 2023
    

 

Whether in a scholarly or practitioner setting, good research and data analysis should have the benefit of peer feedback. For this Discussion, you will perform an article critique on t tests. Be sure and remember that the goal is to obtain constructive feedback to improve the research and its interpretation, so please view this as an opportunity to learn from one another.

To prepare for this Discussion:

  • Review the Learning Resources and the media programs related to t tests.
  • Search for and select a quantitative article specific to your discipline and related to t tests. Help with this task may be found in the Course guide and assignment help linked in this week’s Learning Resources. Also, you can use as a guide the Research Design Alignment Table located in this week’s Learning Resources

ASSIGNMENT 

Write a 3- to 5-paragraph critique of the article. In your critique, include responses to the following:

  • Which is the research design used by the authors?
  • Why did the authors use this t test?
  • Do you think it’s the most appropriate choice? Why or why not?
  • Did the authors display the data?
  • Do the results stand alone? Why or why not?
  • Did the authors report effect size? If yes, is this meaningful?  

 

Required Readings

Frankfort-Nachmias, C., Leon-Guerrero, A., & Davis, G. (2020). Social statistics for a diverse society (9th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 8, “Testing Hypothesis” (pp. 243-279)

Wagner, III, W. E. (2020). Using IBM® SPSS® statistics for research methods and social science statistics (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 6, “Testing Hypotheses Using Means and Cross-Tabulation” (previously read in Week 5)
Chapter 11, “Editing Output” (previously read in Week 2, 3, and 4)

Walden University Library. (n.d.). Course Guide and Assignment Help for RSCH 8210. Retrieved from http://academicguides.waldenu.edu/rsch8210
For help with this week’s research, see this Course Guide and related weekly assignment resources.

Document: Week 6 t test Scenarios (PDF)
Use these scenarios to complete this week’s Assignment. (see attachments)

must be apa written

Must USE SUBHEADING 

TURN IT IN REQUIRED 

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