Question & Answer

1.      :  What does nice mean to you? Is being considered nice a good trait for managers to have or is it the kiss of death?

Costing for a hospital Mercy Hospital uses a costing system for all patients who have surgery. The hospital uses a budgeted overhead rate for allocating overhead to patient stays. In March, the operating room had a budgeted allocation base of 1000 operating hours. The budgeted operating room overhead costs were $66 000.   Patient Dwight Schuller was in the operating room four hours during March. Other costs related to Schuller’s four-hour surgery include:       Physician cost is not included because physicians bill patients separately from the hospital billing system.   Required (a)          Determine the budgeted (i.e., estimated) overhead rate for the operating room. (b)          Determine the total costs of Schuller’s four-hour surgery.

In the previous problem, suppose that the percent reduction were specified to be equal for each pass, rather than the draft. (a) What is the minimum number of passes required? (b) What is the draft for each pass?

1.       As a manager, how might you deal with an employee who constantly displays negative emotions that affect the rest of the team? How might you use an understanding of attributions and emotional contagion to help you decide what to do?

Explain why hedge funds may be able to achieve higher returns for their investors than mutual funds do. Explain why hedge funds and mutual funds may have different risks. When the market is overvalued, why might hedge funds be better able to capitalize on the excessive market optimism than mutual funds can? (LO1, LO4)

1.      : Do the clinical trials in Albania. You’ll be able to bring the drug to market faster and cheaper, which will be good for BB Biotech’s employees and investors and good for the millions of people who suffer from anxiety attacks.

Tiger Corporation reported taxable income of $500,000 from operations this year.  During the year, the company made a distribution of land to its sole shareholder, Mike Fairway. The land’s fair market value was $75,000 and its tax and E&P basis to Tiger was $125,000. Mike assumed a mortgage attached to the land of $15,000. Tiger had accumulated E&P of $750,000 at the beginning of the year.

1.       : Evaluate your own personal experiences with people from other cultural backgrounds. How well do you think those experiences have prepared you to understand the unique needs and dilemmas of a diverse workforce?

Presented below is information related to Aaron Rodgers Corporation for the current year. Beginning inventory $ 600,000 Purchases 1,500,000 Total goods available for sale $2,100,000 Sales revenue 2,500,000 Instructions Compute the ending inventory, assuming that (a) gross profit is 45% of sales; (b) gross profit is 60% of cost; (c) gross profit is 35% of sales; and (d) gross profit is 25% of cost.

Define microelectromechanical system.

Red Inc. is a C corporation and a calendar-year taxpayer. Red reports sales of $26.1 million in 2021, $30.3 million in Year 2022, and $34.5 million in 2023.

What is the purpose of the bead coil in a pneumatic tire?

In 2024, Amanda and Jaxon Stuart have a daughter who is one year old.  The Stuarts are full-time students and are both 23 years old.  Their only sources of income are gains from stock they held for three years before selling and wages from part-time jobs. What is their earned income credit in the following alternative scenarios if they file jointly?

Consider the advantages and disadvantages of extending property rights so that everyone would have the right to prevent people imposing any costs on them whatsoever (or charging them to do so).

: What do you recommend Adam do to increase production in a business setting that does not seem to value high production?

1.      What additional investigation might Whitley and Vinson undertake before settling on a plan of action toward Cam?

1.    : Many people who are successful at the start-up stage of a business are not the right people to carry the venture forward to middle age. How do you decide whether you are better suited to be a serial entrepreneur (start a business and then move on to start another) or whether you can guide your venture as it grows and matures?

Name the four types of finishing operations performed on plastics, according to the plastics finishing video.

1.       : Describe the advantages of using a balanced scorecard to measure and control organizational performance. Suppose that you created a balanced scorecard for a Walmart Neighborhood Market. Which specific customer service measures would you include?

Which members of a family are included in the family attribution rules? Is there any rationale for the family members included in the test?

1.       : Assume that you manage a small online business that sells herbal supplements. Without your knowledge, a disgruntled employee has posted damaging information about your company on the company’s public social media site, including false information about dangerous ingredients in your best-selling supplement. What specific steps would you take to minimize the impact of this crisis?

For an accrual-method partnership, are accounts receivable considered unrealized receivables? Explain.

What are the principal activities in manufacturing engineering?

Explain how the uniform capital requirements established by the Basel Accord can discourage banks from taking excessive risk. (LO3)

1.       : Describe specific ways that you might incorporate Twitter into an organization’s communication with customers. How about with employees?