The Production Budget Shows Expected Unit Sales Are 10,000
The Production Budget Shows Expected Unit Sales Are 10000 The Req
The production budget shows expected unit sales are 10,000. The required production units are 10,400. What are the beginning and desired ending finished goods units, respectively?
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The following credit sales are budgeted by Evens Trading Company: January $340,000; February $550,000; March $600,000; April $680,000. The company's past experience indicates that 50% of the accounts receivable are collected in the month of sale, 30% in the month following the sale, and 18% in the second month following the sale. The anticipated cash inflow for the month of April is:
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A $100 petty cash fund has cash of $18 and receipts of $80. The journal entry to replenish the account would include a credit to:
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The following information relates to ABC Ltd. Accounts receivable balance as at 1/1/2010 and 31/12/2010 amounted to $550,000 and $340,000 respectively. Collections from debtors (accounts receivable) amounted to $480,000. Assuming ABC Ltd sells only on credit, the amount of credit sales for the year is:
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When preparing the financial statements of Omega Ltd., the accountant found the following information: Opening balance of Retained Earnings $5,000; Interim dividends paid $1,000; Profit earned $16,000; Dividends declared $2,000. The closing balance of Retained Earnings for Omega Ltd., is:
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A company requires $1 million in sales to meet its target net profit. Its variable costs are 75% of selling price and the fixed costs are $150,000. What is the target net profit?
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Dulcet Ltd is planning to sell 400,000 hammers for $1.50 per unit. The contribution margin ratio is 20%. If Dulcet Ltd will break even at this level of sales, what are the fixed costs?
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Equipment was purchased for $15,000. Freight charges amounted to $700 and there was a cost of $2,000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $3,000 residual value at the end of its 5-year useful life. Depreciation expense each year using the straight-line method will be:
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Equipment with a cost of $160,000 has an estimated residual value of $10,000 and an estimated life of 12,000 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation expense for the first full year, during which the equipment was used 3,300 hours?
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Textile Limited uses the allowance method for its bad debts. As at 1st January 2011, it has a credit balance of $1,500 in the Allowance for Doubtful Debts account. The accounts receivable balance as at 31st December 2011 is $500,000, of which 1% of the amount is estimated to be uncollected. What is the journal entry to record the allowance for doubtful debt as at 31st December 2011?
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Bay Limited uses the allowance method for its bad debts. As at 31st December 2011, the Allowance for Doubtful Debts account has a credit balance of $5,800 and the Accounts Receivable has a total balance of $400,000. The company has been told that customer Bill has been declared bankrupt and his debt of $3,000 is therefore uncollectable. What will the journal entry be to record the transaction relating to Bill?
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A company budgeted unit sales of 51,000 units for January 2014 and 60,000 units for February 2014. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 15,300 units of inventory on hand on 31 December 2013, how many units should be produced in January 2014 in order for the company to meet its goals?
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The following information was taken from Smith Ltd’s cash budget for the month of July: beginning cash balance $90,000; cash receipts $57,000; cash disbursements $102,000. If the company has a policy of maintaining a minimum end-of-the-month cash balance of $75,000, the amount the company would have to borrow is:
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The following credit sales are budgeted by Roswell Company: January $34,000; February $50,000; March $70,000; April $60,000. The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of April is:
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A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $100,000. The number of units the company must sell to break even is:
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Fixed costs are $600,000 and the variable costs are 75% of the unit selling price. The break-even point in dollars is:
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Instructions: Which of the following patterns is least characteristic of conversion disorder? A) develops gradually over many years B) more common in women C) those with the disorder are also easily hypnotized D) disorder is very rare
2 A patient appeared at the clinic complaining of pain in her knee, shoulder, and abdomen, nausea and vomiting, blurred vision, and exhaustion. The patient history revealed that the patient had been going to clinics for years trying to get treatment for these complaints and a host of other physical symptoms. The diagnosis was: A) factitious disorder. B) somatization disorder. C) preoccupation disorder. D) body dysmorphic disorder.
3 A woman experiences a mugging and robbery in which her prized poodle is kidnapped. Eventually the dog is found and returned. However, she is unable to recall events immediately following the attack, up until the safe return of the dog. This is a classic example of: A) selective amnesia. B) localized amnesia. C) continuous amnesia. D) generalized amnesia.
4 Suddenly, following a stressful event, a person with dissociative identity disorder appears to be in pain and looks confused. The person is probably: A) hosting personalities. B) experiencing personality fusion. C) developing a new personality. D) switching personalities.
5 The first step in treating people with dissociative identity disorder is typically to: A) bond with the primary personality. B) integrate the subpersonalities into a unity. C) establish a contract with the subpersonalities to prevent self-harm. D) provide a forum for the subpersonalities to communicate with one another.
6 Someone who fasts or exercises strenuously following a binge is engaging in: A) compensation. B) purging. C) enmeshment. D) exposure and response prevention.
7 A man displaying muscle dysmorphobia would be especially fearful of: A) abusing steroids. B) gaining excessive muscle mass. C) becoming scrawny. D) compensatory activities.
8 A person's hands and eyelids are shaking, and that person is experiencing visual and tactile hallucinations. Of the following, that person is most likely experiencing: A) Korsakoff's syndrome. B) narcotic attraction. C) delirium tremens. D) cannabis toxicity.
9 At the “rave,” a student took a drug which caused a great burst of energy, along with badly distorted visual experiences. Most likely, the drug the student took was: A) cannabis (smoked). B) cannabis (ingested). C) Xanax. D) Ecstasy.
10 Biologically speaking, drug tolerance is most related to: A) an excess of neurotransmitters combined with the action of the drug itself. B) the decrease in naturally occurring neurotransmitters that have been replaced by the drug. C) the synergistic effect of the combination of many different drugs. D) loss of the body's ability to respond to neurotransmitters that are emitted by the brain.
11 The use of methadone in drug maintenance programs is controversial because methadone: A) use increases the risk of contracting AIDS. B) costs over $50 a day per person treated. C) produces withdrawal more difficult than heroin withdrawal. D) needs to be taken several times per day in a rigid schedule.
12 A female friend of yours who is happily married says, “I really enjoy sex, but I especially enjoy 'getting there;' foreplay is the best part!” Your friend is: A) unusual; most women enjoy orgasm better than any other part of sexual activity. B) unusual; most women enjoy resolution better than any other part of sexual activity. C) normal; virtually all women enjoy foreplay the most. D) normal; most women enjoy foreplay the most.
13 A 20-year-old man has gone to see a sex therapist about a sexual dysfunction problem. What is most likely? A) sexual aversion B) inhibited ejaculation C) premature ejaculation D) hypoactive sexual desire
14 A woman who can masturbate or be masturbated to orgasm cannot reach orgasm during sexual intercourse. Most clinicians would diagnose this woman's condition as: A) normal and healthy. B) orgasmic disorder. C) vaginismus. D) dyspareunia.
15 Which of the following statements by a woman is related most strongly to a higher chance of her experiencing orgasm? A) “My first partner and I weren't together very long.” B) “I have good emotional involvement with my spouse, and I didn't have much emotional involvement with my first partner.” C) “I enjoy erotic fantasies when my spouse and I have sex.” D) “I married my spouse in part because my spouse has a really kinky sense of humor.”
16 As a way to get attention, a man occasionally dresses as a woman for costume parties. Is this an example of transvestic fetishism? A) No, it is not even a sexual disorder. B) No, but it is an example of gender identity disorder. C) Yes, it is. D) It might be, if the man is not heterosexual.
17 Recent studies of people with pedophilia show that: A) most have at least one other psychological disorder. B) relapse-prevention training is unsuccessful. C) most victims are boys. D) there is a clear biological cause.
18 Autoerotic asphyxia is a fatal side effect of: A) taking Viagra. B) a masochistic practice. C) cross-dressing. D) a rope fetish.
19 In a very crowded department store during the Christmas rush, a woman suddenly feels a stranger rubbing his genital area against her thigh. He continues until the crowd begins to break up, then moves away. The most likely diagnosis for this man is: A) pedophilia. B) frotteurism. C) sexual masochism. D) hypoxyphilia.
20 Assume autopsies of the brains of deceased individuals who changed their sex from male to female show that brain structure “X” is about the size it would have been if the individuals had been born female—and smaller than in typical males. This would show conclusively that: A) having a small brain structure “X” makes one want to be female. B) behaving like a “typical” female shrinks brain structure “X.” C) there really is no relationship between the size of brain structure “X” and the sex of individuals. D) there is a relationship between the size of brain structure “X” and the sex of individuals.
21 The current view of homosexuality by the psychiatric community is that it: A) co-occurs with transsexualism. B) develops from transvestic fetishism. C) is a variant of normal sexual behavior. D) is preceded by childhood gender identity disorder.
22 During which period does pedophilia typically develop? A) adolescence B) early adulthood C) middle adulthood D) late adulthood
23 Which of the following theoretical orientations appears to be most helpful in understanding the origin of gender identity disorder (Gender Dysphoria--DSM 5)? A) sociocultural B) biological C) family systems D) cognitive
24 A woman thinks she has horribly ugly hair (in fact, she doesn't). She will not be seen in public without a scarf over her head. She suffers from ______ disorder.
25 A man has forgotten who he is. He has fled to a different location from the one he has been living in and is wandering around aimlessly. After a few hours, he “comes to” and discovers his strange surrounding. Unable to recall how he got there or what he has been doing, The man appears to be suffering a ______.
26 Psychodynamic theorists believe that dissociative disorders represent an extreme use of the defense mechanism ______.
27 The use of hypnosis to help people recall forgotten events is called ______.
28 Dental problems are a possible medical complication of long-term ______.
29 In pre-1995 studies of eighth- and ninth-grade girls, 90 percent of the ______ respondents were unhappy with their bodies, while 70 percent of the ______ respondents were satisfied with their bodies.
30 The cessation of menstruation common to some anorexic women is known as ______.
31 Even years after taking LSD for the last time, a user may randomly experience ______.
32 The best known of the self-help groups for ethyl alcohol abusers is ______.
33 When Melody stopped taking barbiturates, she suffered a period of nausea, anxiety, and sleep problems. This phenomenon is known as ______.
34 According to some educators, the number one public health hazard for college students is ______.
References
- American Psychiatric Association. (2013). Diagnostic and statistical manual of mental disorders (5th ed.).
- Beidel, D. C., & Stanley, M. A. (2003). Anxiety disorders and phobias: A cognitive perspective. Routledge.
- Goldstein, E. B. (2014). Cognitive Psychology: Connecting Mind, Research, and Everyday Experience. Cengage Learning.
- Kaplan, S. (2004). The evaluation and treatment of dissociative disorders. Psychiatric Clinics, 27(3), 565-582.
- Kring, A. M., Johnson, S. L., Davison, G. C., & Neale, J. M. (2014). Abnormal Psychology (12th ed.). Wiley.
- Levy, R., & Anderson, C. (2012). Understanding and treating somatic symptom disorder. New York: Guilford Press.
- Rothschild, A. J. (2003). The neurobiology of addiction. Harvard University Press.
- Sherman, M. F., & Cialdini, R. B. (2016). Social influence: Compliance and conformity. University of California Press.
- Varcarolis, E. M., & Halter, M. J. (2014). Foundations of Psychiatric Mental Health Nursing. Elsevier.
- World Health Organization. (2018). International Classification of Diseases (11th ed.).