Calculating contribution margin ratio, preparing contribution margin income statements.

M2 Details:
Please complete the following exercises and/or problems from the textbook:
E21-30
E21-31
E21-37
CP21-63
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
E21-30 Determing mixed costs—the high-low method
The manager of Able Car Inspection reviewed the monthly operating costs for the past
year. The costs ranged from $4,000 for 1,000 inspections to $3,600 for 600 inspections.
Requirements
1. Calculate the variable cost per inspection.
2. Calculate the total fixed costs.
3. Write the equation and calculate the operating costs for 800 inspections.
4. Draw a graph illustrating the total cost under this plan.
E21-31 Calculating contribution margin ratio, preparing contribution margin
income statements
For its top managers, Worldwide Travel formats its income statement as follows:
WORLDWIDE TRAVEL
Contribution Margin Income Statement
Three Months Ended March 31, 2014
Sales Revenue $317,500
Variable Cost 95,250
Contribution Margin 22,250
Fixed Costs 175,000
Operating Income $47,250
Worldwide’s relevant range is between sales of $245,000 and $364,000.
Requirements
1. Calculate the contribution margin ratio.
2. Prepare two contribution margin income statements: one at the $245,000 sales
level and one at the $364,000 sales level. (Hint: The proportion of each sales
dollar that goes toward variable costs is constant within the relevant range.)
E21-37 Using sensitivity analysis
Dependable Drivers Driving School charges $250 per student to prepare and administer
written and driving tests. Variable costs of $100 per student include trainers’
wages, study materials, and gasoline. Annual fixed costs of $75,000 include the
training facility and fleet of cars.
Requirements
1. For each of the following independent situations, calculate the contribution
margin per unit and the breakeven point in units by first referring to the
original data provided:
a. Breakeven point with no change in information.
b. Decrease sales price to $220 per student.
c. Decrease variable costs to $50 per student.
d. Decrease fixed costs to $60,000.
2. Compare the impact of changes in the sales price, variable costs, and fixed costs
on the contribution margin per unit and the breakeven point in units.

CP21-63 Computing breakeven sales and sales needed to earn a target profit;
performing sensitivity analysis
This problem continues the Davis Consulting, Inc. situation from Problem P19-40
of Chapter 19. Davis Consulting provides consulting service at an average price of
$175 per hour and incurs variable cost of $100 per hour. Assume average fixed costs
are $5,250 a month.
Requirements
1. What is the number of hours that must be billed to reach the breakeven point?
2. If Davis desires to make a profit of $3,000, how many consulting hours must be
completed?
3. Davis thinks it can reduce fixed cost to $3,990 per month, but variable cost will
increase to $105 per hour. What is the new breakeven point in hours?

Explain how a variable such as coping could be measured quantitatively or qualitatively.

Part 1 (approximately 1–1.5 pages, total):

Copy and paste the following examples (A–F below), then respond by classifying each of the following variables as either: nominal, ordinal, interval, or ratio. Provide a brief explanation where indicated.

  1. A researcher studying lifespan categorizes individuals into single, married, divorced, or widowed. What type of variable measurement is this?
  2. A cognitive scientist places her subjects into categories based on how anxious they tell her that they are feeling: “not anxious,” “mildly anxious,” “moderately anxious,” and “severely anxious,” and she uses the numbers 0, 1, 2 and 3 to label categories where lower numbers indicate less anxiety. What type of variable measurement is this? Are the categories mutually exclusive?
  3. A Physician diagnoses the presence or absence of disease (i.e., yes or no). What type of variable measurement is this?
  4. A person weighing 200 lbs. is considered to be twice as heavy as a person weighing 100 lbs. In this case, what type of measurement is body weight?
  5. A nurse takes measurements of body temperature on patients and reports them in units of degrees Farenheit as part of a study. What type of variable measurement is this?
  6. Patients rate their experience in the emergency room on a five point scale from poor to excellent ( 1 = very poor, 2 = not very good, 3 = neither good nor bad, 4 = quite good, and 5 = excellent). What type of variable measurement is this? Is the difference between a 1 and a 2 necessarily the same as the difference between a 3 and a 4? Explain briefly.

Part 2: Statistics (1/2 page)

Given what you’ve learned in this module about the meaning of “statistics,” choose one of the examples from Part I (A-F), and raise a relevant question of your own that could be answered by a statistician. Then without answering your own question, explain how a pattern could be studied or a useful prediction made based on data that are to be collected.

Part 3: Quantitative vs. Qualitative Data (approximately 1–1.5 pages)

A health scientist wishes to measure how well participants diagnosed with Post Traumatic Stress Disorder are coping. Explain how a variable such as coping could be measured quantitatively or qualitatively.

Assignment Expectations

Use the information in the modular background readings as well as resources you find through ProQuest or other online sources. Please be sure to cite all sources and provide a reference list at the end of the paper. Submit the paper as a Word document through the link provided for the assignment.

Length: 2–3 pages typed and double-spaced. With 1 inch margins

Cook, A., Netuveli, G., & Sheikh, A. (2004). Basic Skills in Statistics: A Guide for Healthcare Professionals. London, GBR: Class Publishing.. Available in Ebrary, accessed via Trident’s online library.

Norman, G., and Streiner, D. (2008). Chapter The First: The Basics. (pages 2-6). Biostatistics The Bare Essentials. 3rd Edition. BC Decker Inc. PMPH USA, Ltd. Shelton, CT.

 

Describe the role of personality in affecting situational behavior.

Select two of the following theoretical approaches: psychodynamic, humanistic and existential, dispositional, or learning.

Obtain faculty approval of your selection.

Write a 1,400- to 1,750-word paper in which you compare and contrast the theories selected. Address the following:

  • Describe the role of personality in affecting situational behavior.
  • Examine the personality characteristics attributed to each theory in your approach.
  • Explain the interpersonal relational aspects associated with the theories selected.

Include a reference page with a minimum of three to five peer-reviewed sources.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Compare and contrast the leadership styles of Lieutenant Colonel Yaron and Lieutenant Colonel Daniel.

Read the case study titled “A Peaceful Evacuation: Building a Multi-Project Battalion by Leading Upward.” before starting this assignment.

Write a three to four (3-4) page paper in which you:

  1. Describe the leadership style that Lieutenant Colonel Yaron exhibited as the commander of a battalion for the evacuation operation. Provide three (3) examples of his leadership actions and behavior. Discuss the pros and cons in each example you describe to support the response.
  2. Analyze the leadership style that Lieutenant Colonel Daniel exhibited as he took center stage to lead this complex military operation. Provide three (3) examples of his leadership actions and behavior, assessing the pros and cons in each example you describe to support the response.
  3. Compare and contrast the leadership styles of Lieutenant Colonel Yaron and Lieutenant Colonel Daniel. Provide three (3) examples of the similarities and differences between these project leaders, and discuss how each leader might address contemporary leadership issues and challenges in Israel today.
  4. Discuss Lieutenant Colonel Yaron and Lieutenant Colonel Daniel interrelationship using Jung theory and the four (4) personality traits. Provide three (3) examples of how Lieutenant Colonel Yaron and Lieutenant Colonel Daniel personality and leadership style might enhance or hinder team performance for the complex military operation in this case study.

 

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional

Identify and summarize the purpose of your interview. How will the information you gather be used.

 

During the first week of class you conducted your first practice interview.  You have since had the opportunity to learn about the formal process of interviewing and the techniques used in interviewing. With this new information in mind, it is time to develop a detailed plan for your second interview, which you may conduct face-to-face or over the telephone. Your second interview is broken down into two parts.

 

  1. The first portion, preparing for the interview, is due this week in Module 3 (LASA 1).

 

For this week you will be completing A. You will need to:

 

  1. Locate a Volunteer:

    He/she will play the role of “client” seeking help for persistent headaches and problems sleeping. The person you interview can be someone you know personally or you can contact your classmates through the Student Lounge to arrange to interview one another.

    1. The client believes that stress may be part of the problem with his/her symptoms.  Remember that this is a role play, and your volunteer should be aware that this is a practice interview and not a real psychological interview.
    2. Prior to conducting your interview, ask your volunteer to think about stress that s/he can discuss related to the client’s problems (e.g., your client may think about stress from a job or stress related to a relationship with a significant other). However, DO NOT have your volunteer discuss this stress with you prior to the interview. You want to be able to explore this topic in depth during your interview. This scenario is intentionally left open-ended in order to allow students to maximize opportunity to utilize interview skills during the interview.
  2. Create an Interview Guide:
    1. In order to achieve a quality interview, you will need to first plan your interview, which is this week’s assignment (you will conduct and analyze the interview in Module 5).
    2. The purpose of your interview is to gather in-depth information to aid in diagnosis and treatment planning for the client.  You will need to gather detailed information about the symptoms being reported for both headaches and sleep problems (e.g., How often are the headaches occurring?  How long do they last?  What do they feel like?  Has any treatment helped?  Is there any pattern to the headaches?).  You will also need to present a complete picture of the patient.  What is the patient’s gender, age, marital status, and employment status?  Be sure to go beyond these example questions, and provide an in-depth, highly detailed interview with your client.

 

Interview Guide Topics

The Interview Guide should directly address the below topics.  Use each of these topics as headings within your paper to ensure that you directly respond to each.  You should respond with at least a paragraph for each topic/heading.

 

      1. Identify and summarize the purpose of your interview.  How will the information you gather be used?
      2. Explain how you will structure the interview and your reasoning behind the structuring of the interview. Include a list of topics you plan to cover.
      3. Compose the questions you will use to obtain the information (develop a minimum of 15-20 questions). Be sure that you develop a minimum of 5 open and 5 closed ended questions.
      4. Develop a minimum of 5 examples of paraphrasing, summaries, or

        reflections techniques that could be used during your interview (must have at least one of each paraphrase, summary, and reflection). When you conduct your actual interview, these exact examples you create may not fit depending on the responses of your interviewee, but it is important to start thinking now about how you will incorporate these techniques.  For this Interview Guide assignment, develop hypothetical examples of each type of technique.

      5. Identify the opening techniques you will utilize to build rapport with the volunteer/client.
      6. Identify types/examples of questions you want to avoid during interview.

 

Include an Analysis Summary:

 

In addition to the Interview Guide include an analysis (2-3 paragraphs) of your own preliminary thoughts about this client based on the limited information you have about this client. Have you ever known a person with chronic headaches or sleep problems? What is your “gut reaction” to hearing about a patient with chronic headaches and problems sleeping? That the person is a complainer? Is he/she a victim of terrible illness? Spend some time examining your thoughts and attitudes. It is normal for all of us to make at least preliminary assumptions about everyone we come in to contact with, and a good interviewer has awareness of his or her preliminary assumptions. Include the following in your analysis:

 

  1. Identify your own beliefs (sympathetic, unsympathetic, or some mixture of both) and explain how these could affect your interview. Do you think that your beliefs are influenced by your own age, cultural, gender, sexual orientation, or ethnicity?
  2. Identify steps you can take to limit the impact of your own beliefs on the interview. Be as specific as possible.

Analyze- the team seeks the root causes of the current identified and alternatives are considered.

Quality Control

Quality control= the stabilization and maintenance of a transformation process to produce consistent output

Crocs production process:

Raw materials (chemicals) purchased in pellet form
Compounding
Add color dyes
Injection molding (requires injection molding machines and molds for each style and size)
Assembled (may involve gluing or stitching if using leather, canvas or materials)
Tagged and place into boxes
Quality Control System
Inspections take place at critical points:
Before production (raw materials)
During production
-Process quality control takes place, which involves statistical process control. Periodic samples are taken from a continuous production, as long as sample measurements fall within the control limit the production will continue. However, if the samples fall outside the control limits, the process is stopped and a search is made for an assignable cause. In this case, the process will use a quality control chart known as an attribute control chart. The whole purpose is to find the natural random variability in the output oppose to unnecessary variations. The company must maintain that natural random variability to be under statistical control
After production
Process Capability
Process capability is assessed once the process is under statistical control. It is the ability of the process to meet or exceed customers’ specifications. Process capability is determined by using the process capability index.

Continuous Improvement
Through the process capability assessment, the company can determine which processes should be improved in which case they would use several tools. The seven tools include:
Flow chart
Check sheet
Histogram
Pareto Chart
Cause & effect
Scatter diagram
Control chart

The tools make it possible to reduce defects and improve quality, but they also have to be incorporated into an improvement approach. This would be Six Sigma:
Define: a process is selected for improvement and a cross-functional team is form
Measure- with the use of measures that are critical to the customer, the team begins improvement by flowcharting the process and defining process defects
Analyze- the team seeks the root causes of the current identified and alternatives are considered
Improve- improvements are made
Control – a control plan is put in place to ensure that changes are permanent

List at least one holistic nursing intervention you will use to achieve the outcome for each of the nursing diagnoses listed on your plan.

Project Part Three—Outcomes, Interventions, and Evaluating Criteria

 

post your response to the tasks below in a 3-4 page MS Word document . Be sure to format your paper according to APA 6th edition style.

 

  1. Review the needs, challenges or problems you identified in your Case Study from last week’s assignment. For each need, challenge or problem identified, provide a desired outcome. Include a supporting rationale for each desired outcome. Outcomes should be stated as SMART goals (specific, measurable, action oriented, realistic, and time limited).

 

  1. List at least one holistic nursing intervention you will use to achieve the outcome for each of the nursing diagnoses listed on your plan. Provide supporting rationale for each chosen intervention. The rationale should include what the intervention will provide for the patient, what level of the person it will address, and how it will assist the patient in achieving the desired outcome.

 

  1. Define the evaluation criteria to track the effect of each of the interventions on the patient’s health and healing process.

 

Assignment 2 Grading Criteria
Maximum Points
Provided a desired outcome (SMART goal) for each need, challenge or problem identified, and included a supporting rationale for each desired outcome.
24
Listed at least one holistic nursing intervention for each of need, challenge, or problem identified, and provided supporting rationale for each intervention.
28
Defined the evaluation criteria to track the effect of each of the interventions on the patient’s health and healing process.
28
Writing components:

  • Organization (8)
  • Usage and Mechanics (8)
  • APA (4)

Write and analysis essay on the topic above. Consider either analyzing one essay.

Read Kenzaburo Oe’s “The unsurrendered people” and Write an analyzing Oe’s view of atomic bomb and then agree or disagree with Oe’s argument about the bombing.

Write and analysis essay on the topic above. Consider either analyzing one essay [division/analysis, cause and effect, process] or two essays [comparison/contrast].

The essay is 3-4 pages, typed, double-spaced. If you use another’s ideas, cite those ideas
This is an essay for english1 in community college

Explain what each process means and what is involved with the five that you picked.

For this assignment, you should focus on the reading material for week #7.

The breakdown of your paper should be as follows: (2 Pages in total)

Introduction: Overview what you will discuss

Goal: Paper will show me how you are able to apply our reading material for week #7.

Body of your paper: (2 Pages total in length)-Your thoughts should be supported with key terms from our text AND library research.

Pick five of the leadership tasks that are listed on page 357 of our text. Tell me why each task is important to understand as a leader that is involved with the strategic planning process. Explain what each process means and what is involved with the five that you picked. For clarification, these are the interconnected leadership tasks that are listed on page 357 of our text:

1)Understanding the context

2)Understanding the people involved, including oneself

3)Sponsoring Process

4)Championing the process

5)Facilitating the process

6)Fostering collective leadership

7)Using dialogue and discussion

8)Making and implementing policy decisions

9)Enforcing norms, settling disputes, and managing residual conflict

10) Pulling it all togethe

Discuss the differences between GAAP and IFRS:

Accountants are responsible for following standards, conventions, and rules in order to ensure ethical reasoning in their day-to-day practices. However, the rules in the United States vary from those followed in other countries.

Based on your readings for this week:

Discuss the differences between GAAP and IFRS:

  • What are implications of the differences in financial reporting?
  • What are two advantages and two issues with each?

With these thoughts in mind:

Post an initial statement  that expresses your thoughts on the differences between GAAP and IFRS