ACC
\n206 Week Two Assignment<\/p>\n
Please
\ncomplete the following exercises below in either Excel or a word document (but
\nmust be single document). You must show your work where appropriate (leaving
\nthe calculations within Excel cells is acceptable). Save the document, and
\nsubmit it in theappropriate
\nweek using the Assignment Submission button.<\/p>\n
1. Analysis of stockholders’ equity
\nStar
\nCorporation issued both common and preferred stock during 20X6. The
\nstockholders’ equity sections of the company’s balance sheets at the end of
\n20X6 and 20X5 follow:<\/p>\n
20X6<\/p>\n
20X5<\/p>\n
Preferred
\nstock, $100 par value, 10%<\/p>\n
$580,000<\/p>\n
$500,000<\/p>\n
Common
\nstock, $10 par value<\/p>\n
2,350,000<\/p>\n
1,750,000<\/p>\n
Paid-in
\ncapital in excess of par value<\/p>\n
Preferred<\/p>\n
24,000<\/p>\n
\u00e2\u0080\u0094<\/p>\n
Common<\/p>\n
4,620,000<\/p>\n
3,600,000<\/p>\n
Retained
\nearnings<\/p>\n
8,470,000<\/p>\n
6,920,000<\/p>\n
Total
\nstockholders’ equity<\/p>\n
$16,044,000<\/p>\n
$12,770,000<\/p>\n
a.
\nCompute the number of preferred shares
\nthat were issued during 20X6.
\nb.
\nCalculate the average issue price
\nof the common stock sold in 20X6.
\nc.
\nBy what amount did the company’s
\npaid-in capital increase during 20X6?
\nd.
\nDid Star’s total legal capital
\nincrease or decrease during 20X6? By what amount?<\/p>\n
2. Bond
\ncomputations: Straight-line amortization
\nSouthlake Corporation issued $900,000
\nof 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1
\nand mature in 10 years. Assume the independent cases that follow.
\n\u00c2\u00b7
\nCase A\u00e2\u0080\u0094The bonds are issued at 100.
\n\u00c2\u00b7
\nCase B\u00e2\u0080\u0094The bonds are issued at 96.
\n\u00c2\u00b7
\nCase C\u00e2\u0080\u0094The bonds are issued at 105.<\/p>\n
Southlake uses the straight-line
\nmethod of amortization.<\/p>\n
Instructions:<\/p>\n
Complete the following table:<\/p>\n
Case A<\/p>\n
Case B<\/p>\n
Case C<\/p>\n
Cash inflow on the issuance date<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
Total cash outflow through
\nmaturity<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
Total borrowing cost over
\nthe life of the bond issue<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
Interest expense for the
\nyear ended December 31, 20X1<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
Amortization for the year
\nended December 31, 20X1<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
Unamortized premium as of
\nDecember 31, 20X1<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
Unamortized discount as of
\nDecember 31, 20X1<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
Bond carrying value as of
\nDecember 31, 20X1<\/p>\n
_______<\/p>\n
_______<\/p>\n
_______<\/p>\n
3. Definitions of manufacturing concepts<\/p>\n
Interstate Manufacturing produces brass fasteners and incurred the following
\ncosts for the year just ended:
\nMaterials
\nand supplies used
\nBrass $75,000<\/p>\n
Repair
\nparts 16,000<\/p>\n
Machine
\nlubricants 9,000<\/p>\n
Wages and
\nsalaries Machine operators 128,000
\nProduction
\nsupervisors 64,000<\/p>\n
Maintenance
\npersonnel 41,000<\/p>\n
Other
\nfactory overhead Variable 35,000
\nFixed 46,000<\/p>\n
Sales
\ncommissions 20,000<\/p>\n
Compute:
\na.
\nTotal direct materials consumed
\nb.
\nTotal direct labor
\nc.
\nTotal prime cost
\nd.
\nTotal conversion cost<\/p>\n
4.
\nScheduleof
\ncost of goods manufactured, income statement
\nThe following information was
\ntaken from the ledger of Jefferson Industries, Inc.:<\/p>\n
Direct
\nlabor<\/p>\n
$85,000<\/p>\n
Administrative
\nexpenses<\/p>\n
$59,000<\/p>\n
Selling
\nexpenses<\/p>\n
34,000<\/p>\n
Work in.
\nprocess:<\/p>\n
Sales<\/p>\n
300,000<\/p>\n
Jan. 1<\/p>\n
29,000<\/p>\n
Finished
\ngoods<\/p>\n
Dec. 31<\/p>\n
21,000<\/p>\n
Jan. 1<\/p>\n
115,000<\/p>\n
Direct
\nmaterial purchases<\/p>\n
88,000<\/p>\n
Dec. 31<\/p>\n
131,000<\/p>\n
Depreciation:
\nfactory<\/p>\n
18,000<\/p>\n
Raw
\n(direct) materials on hand<\/p>\n
Indirect
\nmaterials used<\/p>\n
10,000<\/p>\n
Jan. 1<\/p>\n
31,000<\/p>\n
Indirect
\nlabor<\/p>\n
24,000<\/p>\n
Dec. 31<\/p>\n
40,000<\/p>\n
Factory
\ntaxes<\/p>\n
8,000<\/p>\n
Factory
\nutilities<\/p>\n
11,000<\/p>\n
Prepare the following:
\na.
\nA schedule of cost of goods manufactured for
\nthe year ended December 31.
\nb.
\nAn income statement for the year ended
\nDecember 31.<\/p>\n
5. Manufacturing statements and cost
\nbehavior
\nTampa Foundry began operations during the
\ncurrent year, manufacturing various products for industrial use. One such
\nproduct is light-gauge aluminum, which the company sells for $36 per roll. Cost
\ninformation for the year just ended follows.<\/p>\n
Per Unit<\/p>\n
Variable
\nCost<\/p>\n
Fixed
\nCost<\/p>\n
Direct materials<\/p>\n
$4.50<\/p>\n
$ \u00e2\u0080\u0094<\/p>\n
Direct labor<\/p>\n
6.5<\/p>\n
\u00e2\u0080\u0094<\/p>\n
Factory overhead<\/p>\n
9<\/p>\n
50,000<\/p>\n
Selling<\/p>\n
\u00e2\u0080\u0094<\/p>\n
70,000<\/p>\n
Administrative<\/p>\n
\u00e2\u0080\u0094<\/p>\n
135,000<\/p>\n
Production and sales totaled 20,000 rolls and
\n17,000 rolls, respectively There is no work in process. Tampa carries its
\nfinished goods inventory at the average unit cost of production.
\nInstructions:
\na.
\nDetermine the cost of the finished goods
\ninventory of light-gauge aluminum.
\nb.
\nPrepare an income statement for the current
\nyear ended December 31
\nc.
\nOn the basis of the information presented:
\n1.
\nDoes it appear that the company pays
\ncommissions to its sales staff? Explain.
\n2.
\nWhat is the likely effect on the $4.50 unit
\ncost of direct materials if next year’s production increases? Why?<\/p>\n
—<\/p>\n
Assignment 2
\nFORMATIVE ASSESSMENT
\nDATE: TERM 3 2020 SESSION:
\nSUBJECT: MEDIA STUDIES II CODE: MDS 20AS
\nSTATIONERY:
\n1. Test answer book
\n2.
\n3.
\nASSESSORS: R MOYO, L MOTHAKE
\nMODERATOR: D M DELPORT
\nINSTRUCTIONAL PROGRAMME: Dip-LPM
\nCODE: MDS 20AS
\nINSTRUCTIONS:
\nTIME: TOTAL: 100 Marks
\n1. Answer all questions.
\n2. Write neatly and legibly.
\nTHIS PAPER CONSISTS OF _7_ PAGES
\nQUESTION 1: CHAPTER 11 \u2013 SOURCES OF NEWS
\n1.1 Discuss the importance for a journalist to be conversant with the following:
\n1.1.1 Read
\n1.1.2 Listen
\n1.1.3 Be friendly
\n1.1.4 Subscribe
\n1.1.5 Be skeptical
\n(10)
\n1.2 Coronavirus\/Corvid 19 is a global pandemic that has become a global topic (sample nursing essay examples by the best nursing assignment writing service). Conduct research about this topic (sample nursing essay examples by the best nursing assignment writing service) and write an editorial article for your media organisation on the interesting information you find, citing your references. Compile a complete reference list below your article using the Harvard referencing style. One mark is awarded for each criterion and 1 mark for language. Your article should be based on the following points:
\n1.2.1 Origin
\n1.2.2 Symptoms
\n1.2.3 Comorbidities
\n1.2.4 Infection by age group
\n1.2.5 Precautionary measures
\n(10)
\nTOTAL OF QUESTION 1: [20]
\n______________________________________________________________________
\nQUESTION 2: CHAPTER 12 \u2013 INTERVIEWING
\n2.1 Give 6 (six) different forms interviews may take.
\n(6)
\n2.2 List 4 sources of information you can consult in finding a news story, justifying the circumstances in which you will consider each.
\n(8)
\n2.3 Think about interviewing a local politician about the Corvid 19 Personal Protective Equipment corruption scandal under investigation. Which approach would you use: \u201cThe pyramid format\u201d or \u201cThe inverted pyramid format\u201d? Justify your answer.
\n(4)
\n2.4 Complete the saying by Brooks (1992: 99) \u201cInformation is the \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.\u201d
\n(2)
\nTOTAL OF QUESTION 2 [20]
\n______________________________________________________________________
\nQUESTION 3: CHAPTER 13 \u2013 NEWS WRITING
\n3.1 Read the following news story. Identify one statement with each of the given elements of newsworthiness. Write the statement and the element most relevant to it in parenthesis. Justify your selected element for each statement. You are awarded 1 mark for each statement matched with the most relevant element identified; and 1 mark for each justification.
\n-impact
\n-novelty
\n-human interest
\n-timeliness
\n-conflict
\n(10)
\nCoronavirus morning recap: Test swab stuck in woman\u2019s lung, and Covid corruption latest
\nDoctors found a snapped coronavirus test swab inside the lung of a 51-year-old patient; and Hawks to make more arrests this week amid Covid-19 corruption.
\nA 51-year-old patient ended up with a snapped coronavirus test swab inside her lung after it was inserted into a breathing tube in her neck, a BMJ case report revealed.
\nThe woman was undergoing brain surgery in a UK hospital to remove a fragment of her skull. As part of her treatment, a tracheostomy tube \u2013 placed into the windpipe to Help with breathing \u2013 was fitted.
\nAfter the operation, medical staff at the University Hospitals of Leicester NHS (National Health Service) Trust sent the patient to undergo a coronavirus test as part of normal protocol before discharging her to a nursing home.
\nSince the patient had been breathing through the hole in her neck and could have potentially become infected with the virus through this airway, medical staff took a swab through her tracheostomy tube.
\nHowever, a nurse carrying out the test felt the swab snap during the procedure, and part of it ended up in the patient\u2019s windpipe.
\nThe test swab is designed to snap into a test tube to be sent to the lab.
\nAccording to the case report, the patient became -momentarily unsettled- and began breathing more heavily for a while before returning to normal.
\nA CT scan of the woman’s chest was performed, but the images did not reveal any signs of a foreign object. However, it did indicate an unusual swelling in the lower part of her right lung.
\nAdapted from News24 21 October 2020
\n3.2 Imagine writing a story for a newspaper publication of your choice. Write a lead summary (one statement) of the story with an angle, and in an inverted pyramid format. The 5W and 1H (Who?, What?, Why?, Where?, When? and How?) model should be evident in the lead. One (1) mark is awarded for each portrayed element as in parenthesis.
\n(6)
\n3.3 Write strictly 3 newsworthy statements from the given paragraph to formulate a lead for a story. Use the immediate identification category of lead. All the information provided should be included and slight modifications can be added to clarify meaning. Write the headline of the story. Change the voice to the third person narrative. One (1) mark is awarded for the headline and 1 mark for each complete statement that is grammatically flawless. No mark is awarded where there is an error\/s.
\nDr Strauss says I shoud rite down what I think and remembir and evrey thing that happins to me from now on. I dont no why but he says its importint so they will see if they can use me. I hope they use me becaus Miss Kinnian says mabye they can make me smart. My name is Charlie Gordon I werk in Dormers bakery where Mr Donner gives me 11 dollers a week and bred or cake if I want. I am 32 yeres old. I tolld dr Strauss and perfesser Nemur I cant rite good but he says it dont matter he says I shud rite just like I talk and like I rite compushishens in Miss Kinnians class at the beekmin collidge center for retarted adults where I go to lern 3 times a week on my time off.
\nAdapted from Flowers for Algernon by Daniel Keys Und.
\n(4)
\nTOTAL OF QUESTION 3 [20]
\n______________________________________________________________________
\nQUESTION 4: CHAPTER 14 \u2013 NEWSPAPER LANGUAGE
\n4.1 Rewrite the following passage to make a suitable newspaper story by correcting the following and changing the voice to the third person narrative. Come up with strictly eight (8) statements:
\ni. ambiguity
\nii. sentence length
\niii. using the right words
\niv. words and idioms
\nv. getting the tone right
\nvi. slang, jargon, foreign words
\nvii. correct word order
\nviii. variety and readability
\nI had a test today. I think I faled it and I think mabye now they wont use
\nme. What happind is I went to Prof Nemurs office on my lunch time like they
\nsaid and his secertery took me to a place that said psych dept on the door
\nwith a long hall and alot of littel rooms with onley a desk and chares. And
\na nice man was in one of the rooms and he had some wite cards with ink spilld
\nall over them. He sed sit down Charlie and make yourself cunfortible and
\nrilax. He had a wite coat like a docter but I dont think. he was no docter
\nbecause he dint tell me to opin my mouth and say ah. All he had was those
\nwite cards. His name is Burt. I fergot his last name because I dont remembir
\nso good.
\nI dint know what he was gonna do and I was holding on tite to the chair like
\nsometimes when I go to a dentist onley Burt aint no dentist neither but he
\nkept telling me to rilax and that gets me skared because it always means its
\ngonna hert.
\nSo Burt sed Charlie what do you see on this card. I saw the spilld ink and
\nI was very skared even tho I got my rabits foot in my pockit because when I
\nwas a kid I always faled tests in school and I spilld ink to.
\nAdapted from Flowers for Algernon by Daniel Keys Und.
\n(16)
\n4.2 Insert relevant and communicative captions for news stories on the following pictures attached:
\n4.2.1
\n4.2.2
\n4.2.3
\n4.2.4
\n(4)
\nTOTAL OF QUESTION 4: [20]
\n______________________________________________________________________
\nQUESTION 5: CHAPTER 15 \u2013 FEATURE WRITING
\n5.1 Write a feature lead with each of the following types of lead, and give a suitable headline to your feature:
\ni. statement lead
\nii. anecdotal lead
\niii. Descriptive lead
\niv. Question lead
\nv. Quote lead
\n(15)
\n5.2 Identify and attach each of the following types of features from any newspaper:
\ni. the trend feature
\nii. the profile feature
\niii. the investigative feature
\niv. the human-interest feature
\nv. the humour feature
\n(5)
\nTOTAL OF QUESTION 5: [20]
\n______________________________________________________________________
\nGRANDTOTAL [100]<\/p>\n","protected":false},"excerpt":{"rendered":"
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