As a general guideline, the research hypothesis should be stated as the

$A$ null hypothesis
$B$ alternative hypothesis
$C$ tentative assumption
$D$ hypothesis the researcher wants to disprove

Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are$500,000, and factory payroll cost in April is $363,000. Overhead costs incurred in April arc: indirect materials,$50,000; indirect labor, $23,000; factory rent,$32,000; factory utilities, $19,000; and factory equipment depreciation.$51,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow.

$$\begin{array}{lrrr} \textbf{}&\textbf{Job 306}&\textbf{Job 307}&\textbf{Job 308}\\[5pt] \text{Balances on March 31}&\text{}&\text{}&\text{}\\ \qquad\text{Direct materials}&\text{\$29,000}&\text{\$35,000}&\text{}\\ \qquad\text{Direct labor}&\text{20,000}&\text{18,000}&\text{}\\ \qquad\text{Applied overhead}&\text{10,000}&\text{9,000}&\text{}\\ \text{Costs during Aprll}&\text{}&\text{}&\text{}\\ \qquad\text{Direct materials}&\text{135,000}&\text{220,000}&\text{\$100,000}\\ \qquad\text{Direct labor}&\text{85,000}&\text{150,000}&\text{105,000}\\ \qquad\text{Applied overhead}&\underline{\text{\hspace{10pt\hspace{19pt}}?}}&\underline{\text{\hspace{10pt\hspace{19pt}}?}}&\underline{\text{\hspace{10pt\hspace{19pt}}?}}\\ \text{Status on April 30}&\text{Finished (sold)}&\text{Finished (sold)}&\text{Finished (sold)}\\ \end{array}$$

Required

1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead) and the total cost assigned to each job (including the balances from March 31).

2. Prepare journal entries for the month of April to record the following.

a. Materials purchases (on credit).

b. Direct materials used in production.

c. Direct labor paid and assigned to Work in Process Inventory.

d. Indirect labor paid and assigned to Factory Overhead.

e. Overhead costs applied to Work in Process Inventory.

f. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities arc paid in cash.)

g. Transfer of Jobs 306 and 307 to Finished Goods Inventory.

h. Cost of goods sold for Job 306.

i. Revenue from the sale of Job 306.

j. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.)

3. Prepare a schedule of cost of goods manufactured.

4. Compute gross profit for April. Show how to present the inventories on the April 30 balance sheet.

5. Over- or underapplied overhead is closed to Cost of Goods Sold. Is this adjustment also posted to individual job cost sheets?

You work for a medical supplies company that spends $38,000 annually for researching new product ideas.$5,700 of that money was spent researching a new tool for surgery. What percentage of the overall research dollars does this represent?

Find the probability of the event. Write the answer as a fraction in simplest form, as a decimal to the nearest hundredth, and as a percent to the nearest whole number. You choose a movie CD at random from a case containing 8 comedy CDs, 5 science fiction CDs, and 7 adventure CDs. The CD is not a comedy.

Researching Topics Research greenhouse gases to determine how they are produced. Then, write a brief essay that outlines how they can be reduced.

The contour map in the figure represents colorcoded seismic amplitudes of a fault horizon and a projected contour map, which is used in earthquake studies. (Source: Adapted from Shipman/Wilson/Todd, An Introduction to Physical Science, Eighth Edition)

Do the level curves correspond to equally spaced amplitudes? Explain.

Research Non-Euclidean geometry and plan a seminar based on your group's research. Each group member should research one of the following five areas:

Describe how non-Euclidean geometry changed the direction of subsequent research in mathematics.

$\textbf{Career Focus Pharmaceutical Researcher}$ Research the field of antibiotic pharmaceutical research and write a report on your findings. Your report should include a job description, training required, kinds of employers, growth prospects, and starting salary.

Many pioneering researchers have devoted their careers to understanding how we learn. For each of the following individuals, identify the type of learning researched, briefly explain the nature of the research conducted, and provide an implication of the research for human behavior in the real world.

• Ivan Pavlov
• John Watson
• John Garcia
• B. F. Skinner
• Albert Bandura

What is the primary advantage of using statistical analysis in a research study?

a. It allows you to confirm the hypotheses that were set forth when you started the research. b. It allows you to attempt to account for any of the error that exists in virtually any body of data. c. It allows you to demonstrate that you, as the researcher, are competent to examine and interpret the results of your research. d. It allows you to get your research proposal approved by an Institutional Review Board and, later, allows your research to be published.

Perez Mfg.’s August 31 inventory of raw materials is $150,000. Raw materials purchases in September are$400,000, and factory payroll cost in September is $232,000. Overhead costs incurred in September are: indirect materials,$30,000; indirect labor, $14,000; factory rent,$20,000; factory utilities, $12,000; and factory equipment depreciation,$30,000. The predetermined overhead rate is 50% of direct labor cost. Job 114 is sold for $380,000 cash in September. Costs for the three jobs worked on in September follow.

$$\begin{array}{lcc} &\textbf{Job 114}&\textbf{Job 115}&\textbf{Job 116}\\[5pt] \text{Balances on August 31}\\ \qquad\text{Direct materials}&\text{\$\hspace{5pt}14,000}&\text{\$\hspace{5pt}18,000}\\ \qquad\text{Direct labor}&\text{\hspace{10pt}18,000}&\text{\hspace{10pt}16,000}\\ \qquad\text{Applied overhead}&\text{\hspace{15pt}9,000}&\text{\hspace{15pt}8,000}\\ \text{Costs during September}\\ \qquad\text{Direct materials}&\text{\hspace{5pt}100,000}&\text{\hspace{5pt}170,000}&\text{\$\hspace{5pt}80,000}\\ \qquad\text{Direct labor}&\text{\hspace{10pt}30,000}&\text{\hspace{10pt}68,000}&\text{\hspace{5pt}120,000}\\ \qquad\text{Applied overhead}&\underline{\textbf{\hspace{15pt}?\hspace{15pt}}}&\underline{\textbf{\hspace{15pt}?\hspace{15pt}}}&\underline{\textbf{\hspace{15pt}?\hspace{15pt}}}\\ \text{Status on September 30}&\text{Finished (sold)}&\text{Finished (unsold)}&\text{In process}\\ \end{array}$$

Required

1. Determine the total of each production cost incurred for September (direct labor, direct materials, and applied overhead) and the total cost assigned to each job (including the balances from August 31).

2. Prepare journal entries for the month of September to record the following. a. Materials purchases (on credit). b. Direct materials used in production. c. Direct labor paid and assigned to Work in Process Inventory. d. Indirect labor paid and assigned to Factory Overhead. e. Overhead costs applied to Work in Process Inventory. f. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities are paid in cash.) g. Transfer of Jobs 114 and 115 to the Finished Goods Inventory. h. Cost of Job 114 in the Cost of Goods Sold account. i. Revenue from the sale of Job 114. j. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.)

3. Prepare a schedule of cost of goods manufactured.

4. Compute gross profit for September. Show how to present the inventories on the September 30 balance sheet.

Analysis Component

5. The over- or underapplied overhead adjustment is closed to Cost of Goods Sold. Discuss how this adjustment impacts business decision making regarding individual jobs or batches of jobs.

In a medical research study, a researcher selects a hospital and interviews all the patients that day and identifies the sampling method that was used.

Match terms a-e with statements. a. population b. representative sample c. random sample d. sample e. survey. All those people with the characteristics the researcher wants to study within the context of a particular research question.

Research the various stakeholders and their viewpoints. Stakeholders may include, but are not limited to, residents the area, government, and electric generation companies. List the concerns of each stakeholder that you researched.