Problem BHan Industries has the following compensation structure for.pdf

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Problem 3) Lilly collects data on a sample of 40 high school students to evaluate whether the proportion of female high school students who take advanced math courses in high school varies depending upon whether they have been raised primarily by their father or by both their mother and their father. Two variables are found below in the data file: math (0 = no advanced math and 1 = some advanced math) and Parent (1= primarily father and 2 = father and mother). ParentMath 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 1.00.0 2.00.0 2.01.0 2.01.0 2.01.0 2.01.0 2.01.0 2.01.0 2.01.0 2.01.0 2.01.0 2.00.0 2.00.0 2.00.0 2.00.0 2.00.0 2.00.0 2.00.0 2.00.0 2.00.0 2.00.0 a)Conduct a crosstabs analysis to examine the proportion of female high school students who take advanced math courses is different for different levels of the parent variable. b)What percent female students took advanced math class c)What percent of female students did not take advanced math class when females were raised by just their father? d)What are the Chi-square results? What are the expected and the observed results that were found? Are they results of the Chi-Square significant? What do the results mean? e)What were your null and alternative hypotheses? Did the results lead you to reject or fail to reject the null and why? Solution ANSWER 1.02.

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Problem BHan Industries has the following compensation structure for factory workers:Hourly
rate $ 20.00Overtime (at time & a half) for all hours over 40 in a week)Han
Industries has the following payroll summary for the week.Regular Hours160 (including 10
hours related to employee training)Overtime hours20 (12 hours due to customer rush order, 8
hours
due to scheduling error)1. What was the total compensation for the week?2. How much of the
compensation should be charged to _______?WIPMOHSalaries expense3. Han provides 4 weeks
of PTO for all factory workers. Assuming Han records
PTO on a monthly basis, how much should be accrued?
Han's average weekly payroll is $3,500. Assume 4 work weeks per month. Round to 2 decimal
places.Problem BHan Industries has the following compensation structure for factory
workers:Hourly rate $ 20.00Overtime (at time & a half) for all hours over 40 in a
week)Han Industries has the following payroll summary for the week.Regular Hours160
(including 10 hours related to employee training)Overtime hours20 (12 hours due to customer
rush order, 8 hours
due to scheduling error)1. What was the total compensation for the week?2. How much of the
compensation should be charged to _______?WIPMOHSalaries expense3. Han provides 4
weeks of PTO for all factory workers. Assuming Han records
PTO on a monthly basis, how much should be accrued?
Han's average weekly payroll is $3,500. Assume 4 work weeks per month. Round to 2 decimal
places.
Solution
Answer for question no.1:
Total compensation for the week is as follows:
Regular hours worked =160*$20 =$3,200.
Over time paid = 20 hours*1.5 *$20
=$600.
Total compensation paid=$3,200+$600 =$3,800
Answer for question no.2:
Training of employees is to be charged as salary expense, since it is administrative cost by
nature,
Overtime spent due to customer rush order is to be charged to the order on which the time is
spent, hence it is to be charged to Work in progress.

Overtime spent due to scheduling error is to be charged as manufacturing overhead, since it
cannot be allocated to any particular job.
Basing on the above justification following is the bifurcation of the wages:
Answer to question no.3:
Hans weekly payroll =$3,500.
Paid time off = 4 weeks.
Total number of weeks in a year=12*4 =48 weeks.
PTO per month =(4/48)*4 =0.3333 weeks
Average weekly pay roll =$3,500.
Therefore amount to be accrued =$3,500 *0.33333
=$1,166.67TypeRegular hoursOver time hoursRegular hours payment per hourOvertime
payment per hourTotalWIP1501220 per hour * 150 hours20*1.5=$30*8
hours$3,360.00Manufacturing overhead0820*1.5=$30*12 hours$240.00Salaries expense10 for
training20 per hour * 10 hours$200.00Total$3,800.00

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Problem 12-9AODGERS INC.Comparative Balance Sheets December 31.pdf

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Problem 11-2A Fechter Corporation had the following stockholders’ equity accounts on January 1, 2017: Common Stock ($5 par) $536,800, Paid-in Capital in Excess of Par—Common Stock $193,790, and Retained Earnings $100,450. In 2017, the company had the following treasury stock transactions. Mar. 1 Purchased 5,700 shares at $9 per share. June 1 Sold 1,040 shares at $13 per share. Sept. 1 Sold 1,980 shares at $10 per share. Dec. 1 Sold 1,310 shares at $7 per share. Fechter Corporation uses the cost method of accounting for treasury stock. In 2017, the company reported net income of $32,820 ournalize the treasury stock transactions, and prepare the closing entry at December 31, 2017, for net income. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select \"No Entry\" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS Paid-in Capital from Treasury Stock Date Explanation Ref. Debit Credit Balance J10 J10 J10 Treasury Stock Date Explanation Ref. Debit Credit Balance J10 J10 J10 J10 Retained Earnings Date Explanation Ref. Debit Credit Balance Balance ? J10 SHOW LIST OF ACCOUNTS Date Account Titles and Explanation Debit Credit Jan. 1Mar. 1June 1Sept. 1Dec. 1Dec. 31 Jan. 1Mar. 1June 1Sept. 1Dec. 1Dec. 31 Jan. 1Mar. 1June 1Sept. 1Dec. 1Dec. 31 Dec. 1 Jan. 1Mar. 1June 1Sept. 1Dec. 1Dec. 31 SHOW LIST OF ACCOUNTS Solution Journal Entries: Date Account Titles and Explanation Debit Credit Mar. 1 Treasury Stock (5700*$9) $ 51,300.00 Cash $ 51,300.00 (Being shares repurchased ) June. 1 Cash (1040*$13) $ 13,520.00 Paid-in Capital from Treasury Stock = 13520 - 9360 $ 4,160.00 Treasury Stock (1040*$9) $ 9,360.00 (Being treasury shares reissued) Sept. 1 Cash (1980*$10) $ 19,800.00 Paid-in Capital from Treasury Stock = 19800-17820 $ 1,980.00 Treasury Stock (1980*$9) $ 17,820.00 (Being treasury shares reissued) Dec. 1 Cash (1310*$7) $ 9,170.00 Paid-in Capital from Treasury Stock = 11790-9170 $ 2,620.00 Treasury Stock (1310*$9) $ 11,790.00 (Being treasury shares reissued) Dec. 31 Income Summary $ 32,820.00 Retained Earnings $ 32,820.00 (Being bet inc0me closed) Paid-in Capital from Treasury Stock Date Explanation Ref. Debit Credit Balance June. 1 J10 $ 4,160.00 $ 4,160.00 Sept. 1 J10 $ 1,980.00 $ 6,140.00 Dec. 1 J10 $ 2,620.00 $ 3,520.00 Treasury Stock Date Explanation Ref. Debit Credit Balance Mar. 1 J10 $ 51,300.00 $ 51,300.00 June. 1 J10 $ 9,360.00 $ 41,940.00 Sept. 1 J10 $ 17,820.00 $ 24,120.00 Dec. 1 J10 $ 11,790.00 $ 12,330.00 Retained Earnings Date Explanation Ref. Debit Credit Balance Balance $ 100,450.00 $ 100,450.00 Dec. 31 J10 $ 32,820.00 $ 133,270.00 FECHTER CORPORATION Balance Sheet (Partial) For the Year Ended December 31, 2017 Common Stock ($5 par) $ 536,800.00 Paid-in Capital in Excess of Par—Common Stock $ 193,790.00 Retained Earnings $ 133,270.0.

Problem 11-2A Fechter Corporation had the following stockholders’ eq.pdf

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