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,, kindly solve Question One: Short Essay (10 marks) A. Briefly explain the main differences between Financial Accounting and managerial Accounting. (5 marks) B. Briefly

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Question One: Short Essay (10 marks) A. Briefly explain the main differences between Financial Accounting and managerial Accounting. (5 marks) B. Briefly distinguish between (i) a variable cost, (ii) a fixed cost (iii) and a mixed cost. Give an example for each type of these costs. (3 marks) c. Why do companies use predetermined overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs? (2 marks) Question Two: Problem Solving (1) (10 Marks) Leader Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 50,000 Total fixed manufacturing overhead cost $215,000 Variable manufacturing overhead per machine-hour $3.80 Recently Job T496 was completed with the following characteristics: Total machine-hours 240 Direct materials $735 Direct labor cost $8.880 Required: a. Calculate the estimated total manufacturing overhead for the year. b. Calculate the predetermined overhead rate for the year. c. Calculate the amount of overhead applied to Job T496. d. Calculate the total job cost for Job T496.Question Three: Problem Solving (2) (10 Marks) XYZ Company has two support departments (SI and $2) and two producing departments (P1 and P2). Total department costs for the support and producing departments are as follows: SIE 45 000 52 30 000 90 000 80 000 Estimated percentages of services used by these departments are as follows: $1 $2 PI P2 S1 10%50% 40% $210% 30%60% Required: a. Prepare a schedule allocating the support department costs to the producing departments using the direct allocation method. b.Prepare a schedule allocating the support department costs to the producing departments using the sequential allocation method.Inanclal Accounting: IFRS, 3e INTRO FINANCIAL ACCOUNTING IFRS (-) rat: 06:04 PM / Remaining: 94 min. CALCULATOR STANDARD VIEW PRINTER VERSION BACK NEXT F Matcha Creations 9 (Part Level Submission) Mel-ling is thinking of buying a van that will be used only for business. The cost of the van is estimated at NT$36,500, Mel-ling would spend an additional NT$2,500 to have the van painted. In addition, she wants the back seat of the van removed so that she will have lots of room to transport her mixer inventory as well as her baking supplies. The cost of taking out the back seat and installing shelving units is estimated at NT$1, 500. She expects the van to last about 5 years, and she expects to drive it for 200,000 miles. The annual cost of vehicle insurance will be NT$2,400. Mei-ling estimates that at the end of the 5- year useful life the van will sell for NT$7,500. Assume that she will buy the van on August 15, 2018, and it will be ready for use on September 1, 2018. Mel-ling is concerned about the impact of the van's cost on her income statement and balance sheet. She has come to you for advice on calculating the van's depreciation. (a) Your answer is correct. dy Determine the cost of the van. Cost of the van 40500 NT$ SHOW SOLUTION Attempts: 2 of 2 used Prepare three depreciation tables for 2018, 2019, and 2020: one for straight-line depreciation (similar to the one in Illustration 9-10), one for double-declining balance depreciation (Illustration 9-14), and one for units-of-activity depreciation (Illustration 9-12). For units-of-activity, Mel-ling estimates she will drive the van as follows: 15,000 miles In 2018; 45,090 miles in 2019; 50,900 miles in 2020. Recall that Matcha Creations has a December 31 year-end. (Round depreciation cost/ unit to 3 decimal places, e.p. 0.225.) Straight-line depreciation Depreciation Expense Accumulated Depreciation Net Book Value Depreciable Costtion 64 Prepare three depreciation tables for 2018, 2019, and 2020: one for straight-Ine depreciation (similar to the one in Illustration 9-10), one for double-declining balance depreciation (Illustration 9-14), and one for units-of-activity depreciation (Illustration 9-12). For units-of-activity, Mel-ling estimates she will drive the tion 56 van as follows: 15,000 miles in 2018; 45,000 miles in 2019; 50,000 miles in 2020. Recall that Matcha Creations has a December 31 year-end. (Round depreciation cost/ unit to 3 decimal places, c.g. 0.225.) ction 57 stion 58 Straight-line depreciation stion 59 Year tion 63 Depreciable Cost Depreciation Expense Accumulated Depreciation Net Book Value tons ubmission NTS 2018 NT$ NT$ NT$ 2019 s by Study 2020 Double-declining-balance depreciation Year NOV ( Beg. of Year) Depreciation Expense Accumulated Depreciation Net Book Value NTS 2018 NT$ NTS NT 2019 2020 Units of activity depreciation Year Units of Activity Depreciation Expense Accumulated Depreciation Net Book Value NT$ 2018 NTS NTS 2019 20202.4-2.9 Find the Euler-Lagrange equations and the natural boundary conditions associated with each of the total potential energy functionals given in Problems 2.4 2.9. The dependent variables are listed as the arguments of the functional, and only the geometric boundary conditions are stated. No other variables are functions of the dependent variables, but may be functions of position in the domain or on the boundary. 2.4 Arial deformation of a spring-supported bar: ".(0) = 0 II(uo) = EA dra - fun di + "[uo( [)]? - Pro(I) 2.5 Bending of a beam on clastic foundation: w(0) = w(b) =0 I(wo) = EI up - qua de 2.6 Nonlinear bending of a beam: 10(0) = 0. up(0) =0, and (dab/de)(0) = 0 - Fold ( L) - Puo( L) 2.7 Transverse deflection of a membrane: * = 0 on the portion I's of the total boundary I (Ta = [- Ie) II(u) = du 2 + 022 dy - fu drdy - tu da 2.8 Bending of an orthotropic plate: un =0, Own/On =0 on the boundary I 2 + 2Den 8-wo droy 2 + - quo dady1. Bending a beam (1D version): An elastic beam is supported at its ends and loaded by a distributed load, p(x). The elastic strain energy stored in a bent beam and the loading energy are given by: Total [u(x)] - Isending [u(2)] + Illandtu( z)] (1) (2) Iload [u(x)] - - p(x)u(x) dr. (3) (a) Suppose the beam is simply supported. i. Write down the class of admissible solutions and admissible variations to minimize IItotal [u( x)]. ii. Derive the Euler-Lagrange equations that stem from minimizing Itstar. Clearly identify the boundary conditions. How many essential boundary conditions? How many natural boundary conditions? ili. Consider the special case of a point load in the center of the beam, for which: p(x) = Pi(x - L/2) (4) Here, 6(r) is the Dirac delta function. Confirm that Iload simplies to become: Ijoadfu(x)] = -Pu(L/2). (5) iv. Choose a suitable trial solution o(x), and let u(x) ~ do(x), where d is an undetermined constant. For Had given in equation (5), minimize It{do(x)] with respect to d, to estimate u(L/2) ~ do( L/2) (6) Compare to the known exact solution. (b) Select two different functions (r) and oz(r). Let u(x) =dad.(1) (7) n=1 Evaluate dn, n = 1, 2 for your choice of on(r). Feel free to evaluate your integrals numerically via computer; try to accomplish your goal with as little human effort as possible. How hard would it be to consider larger number of NV functions, on(I)?8= Bot ByX Assumption (Under simple linear regression model ) I . X2 .... Xn are nonrandom II. X1 .. X, are not all equa III . E ( Us ) =0, E ( U. ) = 0.. E ( un) = 0 IZ. var (us) = var (U2)= var(us) In other words, var (ulx) cdoes not depend on X ( HomesKaclasticty ) V. Us, Uz.. Un are mutually indeperant Provide a mathematical proof for the equation E (62 ) = 62 using assumptions I! - V. 62 = n - 2 nAn individual has the following preferences dened oyerconsumption of a composite good c [with a per unit price p normalized to 1] and leisure h a D measured in hours: U = h "1 f 3 c" 2;" 3. Hertotal daily time constraint is H = 24 = h + l hours {where I a I] denotes her labor supply in hours] and her daily non-labor income is y ' = 8 480. Answer each of the following questions based on the above information. You have three attempts {your highest score will be recorded]. Round your FINAL numerical answers to the nearest 2nd decimal place [0.61]. {31: Assuming the hourly wage is w = S 5, calculate this individual's daily consumption of leisure, h. 02: Again, assuming the houdy wage is w = $ 5, calculate her daily consumption ofthe composite good, c. [33: Assuming the hourly wage isw = S 15, calculate this in dividual's daily consumption of leisure, h. DA: Again assuming the hourly wage is w = S 15, calculate this individual's daily consumption of the composite good c . DE: Calculate the threshold level ofthe wage, above which she would work [I :5 D} or {h a: H = 24]. D6: Is she happier when the going wage is lower {e.g., $5} or higher [e.g., 315}? Group of answer choices When the wage is higher. When the wage is lower

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