Archives: Solution Manual

1. Raw material, direct labor, overhead. = Raw material used + Direct labor + Overhead = Total manufacturing costs + Work-in-process inventory (Beg.) − Work–in-process inventory (End) = Total cost of goods manufactured Material requisitions are documents initiated by manufacturing […]

Section 9.2 (–1, 1) (0, 1) g(λ) = λ3 + 2λ2 + λ + 1 9.2.14 a For i > 1, dxi dt =−kixi+xi−1. This means that in the absence of quantity xi−1(t), the quantity xi(t) will decay exponentially, but […]

Copyright © 2019 Pearson Education, Inc. 24-1 traceable to the finished product, direct labor or the labor directly traceable to the finished product, and overhead or other costs not considered raw materials or direct labor. Raw materials, direct labor, and […]

1. Profit center allows the manager to control both costs and revenues. A cost center doesn’t allow the manager to directly generate revenue. 3. Disagree; special journals are used. specific department. Indirect expenses: Operating expenses that cannot easily be traced […]

Section 9.1 Chapter 9 Section 9.1 9.1.1x(t) = 7e5t, by Theorem 9.1.1. 9.1.2x(t) = −e·e−0.71t=−e1−0.71t, by Theorem 9.1.1. 9.1.5y(t) = −0.8e0.8t, by Theorem 9.1.1. 9.1.6x dx =dt x2 2=t+C, and 1 2= 0 + C, so that x2 2=t+1 2 […]

Copyright © 2019 Pearson Education, Inc. 24-1 three approaches to presenting the income statement. One method focuses on gross profit by department. This approach allows the profit centers to illustrate the revenue and costs generated by each department. A second […]

Section 8.2 It is required that xand zbe positive. This system has the unique solution 8.2.33 Use the formulas for x,y,zderived in Exercise 32. x=√a=√8 = 2√2 y=b √a=−2 2√2=−1 √2 z=qac−b2 a=q36 8=3 √2,so that L=2√2 0 −1 √2 […]

approved by; account distribution; summary of voucher and payment summary. 2. Vouchers, voucher register, unpaid voucher file, check register, paid voucher file. 4. Voucher register replaces the purchases journal. 6. Disagree; same procedure as other special journals, except there is […]

Section 8.1 Chapter 8 Section 8.1 8.1.1~e1,~e2is an orthonormal eigenbasis. 8.1.21 √21 1,1 √21 −1is an orthonormal eigenbasis. 8.1.5Eigenvalues −1, −1, 2 Choose ~v1=1 √2 −1 1 0 in E−1and ~v2=1 √3  1 1 1 in E2and let ~v3=~v1×~v2=1 […]

Copyright © 2019 Pearson Education, Inc. 23-1 control, and this chapter covers one specific type – the voucher system. This is a system designed to control a company’s cash payments. A voucher is a written authorization form used for every […]

Section 7.6 7.5.45 If a6= 0, then there are two distinct eigenvalues, 1 ±√a, so that the matrix is diagonalizable. If a= 0, then 1 1 a1=1 1 0 1 fails to be diagonalizable. 7.5.47 If a6= 0, then there […]

2. Disagree. It is used on comparative statements. 4. Disagree. The vertical analysis of financial statements provides the same results as common size financial statements. 6. Ratios can be expressed as amounts, percentages, fractions, or stated ratios. B. Asset management: […]

Chapter 7 7.4.49 The matrix of Twith respect to the standard basis 1, x, x2is B=  1−1 1 0 3 −6  . The eigenvalues of Bare 7.4.50 The matrix of Twith respect to the standard basis 1, x, […]

Copyright © 2019 Pearson Education, Inc. 22-1 Comparative forms of financial statements have different years listed in columns next to each other. Horizontal analysis of the balance sheet compares these columns horizontally and compares the most recent year to the […]

Chapter 7 7.2.46 aλ2 1+λ2 2= (λ1+λ2)2−2λ1λ2= (trA)2−2 det(A) = (a+d)2−2(ad −bc) = a2+d2+ 2bc. b Based on part (a), we need to show that a2+d2+ 2bc ≤a2+b2+c2+d2,or 2bc ≤b2+c2,or 0 ≤(b−c)2. But the last inequality is obvious. c By […]

operating activities, cash flows from investing activities, and cash flows from financing activities. + Current assets decrease + Current liabilities increase – Current assets increase – Current liabilities decrease Net Cash Provided (Used) by Operating Activities including cash received from […]

Chapter 7 Chapter 7 Section 7.1 7.1.1If ~v is an eigenvector of A, then A~v =λ~v. Hence A3~v =A2(A~v) = A2(λ~v) = A(Aλ~v) = A(λA~v) = A(λ2~v) = λ2A~v =λ3~v, so ~v is an eigenvector of A3with eigenvalue λ3. 7.1.4We […]

1. 99% × $1,000 = .99 × $1,000 = $990. 5. A bond may sell at a premium because the contract or coupon rate on the bond is higher than the current market rate. removed. Cash is credited for the […]

Chapter 6 We will evaluate the determinant of Bby expanding across the ith row (where iis neither pnor q). 6.2.61 We follow the hint: In0 −C A A B C D =A B −CA +AC −CB +AD  =A B […]

Copyright © 2019 Pearson Education, Inc. 21-1 current assets or investments in the company. Financing activities are those activities involved in borrowing or repaying loans as well as activities involved with the owners of the company through receiving investments by […]

Chapter 6 Chapter 6 Section 6.1 6.1.1Fails to be invertible; since det1 2 3 6 = 6 −6 = 0. 6.1.4Fails to be invertible; since det1 4 2 8 = 8 −8 = 0. 6.1.5Invertible; since det  257 0 […]

Copyright © 2016 2019 Pearson Education, Inc. 20-1 Chapter 20 Corporations and Bonds Payable Chapter Overview This chapter begins with a discussion of the ways corporations can raise funds – they could issuing issue either stock or long-term notes payable. […]

Section 5.4 5.4.36 We want   a b c such that 5.4.37 a We want c0, c1such that c0+c1(35) = log 35 c0+c1(46) = log 46 c0+c1(59) = log 77 c0+c1(69) = log 133 or    1 […]

market. Book value is not market value. It is the value of net assets per share of stock. This doesn’t equal what you would receive in liquidation, because the assets on the books may actually sell for less than book […]

Section 5.3 5.3.32 a No! As a counterexample, consider A=  1 0 0 1 0 0  (see Exercise 30). b Yes! More generally, if Aand Bare n×nmatrices such that BA =In, then AB =In, by Theorem 2.4.8c. 5.3.33 […]

3. Journalize Treasury Stock Transactions. Copyright © 2016 2019 Pearson Education, Inc. 19-1 declaration and date of payment require journal entries while the date of record shows which shareholders are entitled to receive the dividend. The discussion of dividends continues […]

Section 5.1 Chapter 5 Section 5.1 5.1.1k~vk=√72+ 112=√49 + 121 = √170 ≈13.04 5.1.2k~vk=√22+ 32+ 42=√4 + 9 + 16 = √29 ≈5.39 5.1.7Use the fact that ~u ·~v =k~ukk~vkcos θ, so that the angle is acute if ~u ·~v […]

includes the certificate of incorporation along with the articles of incorporation. The articles of incorporation include the name of the corporation, incorporation date, purpose of business, organizational structure, expected life, primary location of business and types of stock to be […]

Section 4.3 4.3.44 a If Ais the standard basis considered in Exercise 13 and Bis the basis in Exercise 14, then S= 1 0 −1 0 A0 1 0−1A1 0 2 0 A0 1 0 2 A=   1 […]

3. Journalize Capital Stock Transactions and Calculate Dividends. Copyright © 2019 Pearson Education, Inc. 18-1 The chapter continues to describe common and preferred stock as well as the advantages to each. The main advantage to having common stock is the […]

Section 4.2 4.2.73 Yes. Tis an isomorphism; the inverse transformation is D(f(t)) = f′(t) = df dt , the derivative. We will check that the composite of Twith Dis the identity, in either order. Indeed D(T(f(t))) = d dt(T(f(t)) = […]

1. There is more than one capital account as well as more than one withdrawals account in the equity of a partnership. 3. It is a written agreement that formalizes the partners’ relationship. 5. Agree. 7. 3/6 2/6 1/6 or […]

Section 4.1 Chapter 4 Section 4.1 4.1.1Not a subspace since it does not contain the neutral element, that is, the function f(t) = 0, for all t. 4.1.2This subset Vis a subspace of P2: •The neutral element f(t) = 0 […]

3. Journalize Entries to Record Admissions and Withdrawals of Partners. Copyright © 2019 Pearson Education, Inc. 17-1 With regard to the recording of business transactions involving assets, liabilities, revenue, and expenses, the transactions are handled similarly for sole proprietorships and […]

Section 3.4 ~x =c11 2+c2−2 1−−→ T T (~x) = A~x =c1A1 2+c2A−2 1 =c15 10 +c210 −5= 5c11 2−5c2−2 1      3.4.21 aS=1−2 3 1 , and we find the inverse S−1to be equal to […]

1. The costs involved in acquiring the asset and getting the asset in position and condition for use in the company. useful life, or improve its efficiency, but maintain its normal operation. Capital expenditures improve or enlarge existing assets and […]

Section 3.3 3.3.17 For this problem, we again successively use Kyle Numbers to find our kernel, investigating the columns from left to right. We initially see that the first column is redunant: 1 0 0 0 0 0 0 1 […]

3. Journalize Entries for Capital and Revenue Expenditures and Disposal of Plant Assets. Copyright © 2019 Pearson Education, Inc. 16-1 residual value in determining the depreciation per year or per unit of production. The declining balance method computes a depreciation […]

PROBLEM 15A-2 (CONTINUED) Inventory Item EL34 Nov. 1 19 17.00 $323.00 13 8 17.00 136.00 11 17.00 187.00 Date 201X Received Sold Balance Units Cost Total Units Cost Total Units Cost Total Inventory Item 12AX7 Date 201X Received Sold Balance […]

Section 3.1 Chapter 3 Section 3.1 3.1.1Find all ~x such that A~x =~ 0: “1 2. . . 0 3 4. . . 0 #−→ “1 0. . . 0 0 1. . . 0 #, so that x1=x2= 0. […]

15 Accounting for Merchandise Inventory ANSWERS TO DISCUSSION QUESTIONS AND CRITICAL THINKING/ETHICAL CASE 1. The perpetual inventory system keeps continual track of the quantity and cost of inventory. This gives the manager more control over inventory and provides more information […]

Section 2.4 2.4.62 The determinant of Ais 1 and A−1=1 1 0 1 . Both Aand A−1represent horizontal shears. The determinant of Ais the area of the parallelogram spanned by ~v =1 0and ~w =−1 1. The angle from ~v […]

3. Explain Inventory Methods to Calculate Ending Inventory in a Periodic System. Copyright © 2019 Pearson Education, Inc. 15-1 The current business trend is to utilize perpetual systems that have current information about how much capital is in inventory and […]