Posted: December 20th, 2021

Acc206 week 2 assignment with A+ results

ACC
206 Week Two Assignment

Please
complete the following exercises below in either Excel or a word document (but
must be single document). You must show your work where appropriate (leaving
the calculations within Excel cells is acceptable). Save the document, and
submit it in theappropriate
week using the Assignment Submission button.

1. Analysis of stockholders’ equity
Star
Corporation issued both common and preferred stock during 20X6. The
stockholders’ equity sections of the company’s balance sheets at the end of
20X6 and 20X5 follow:

20X6

20X5

Preferred
stock, $100 par value, 10%

$580,000

$500,000

Common
stock, $10 par value

2,350,000

1,750,000

Paid-in
capital in excess of par value

Preferred

24,000

—

Common

4,620,000

3,600,000

Retained
earnings

8,470,000

6,920,000

Total
stockholders’ equity

$16,044,000

$12,770,000

a.
Compute the number of preferred shares
that were issued during 20X6.
b.
Calculate the average issue price
of the common stock sold in 20X6.
c.
By what amount did the company’s
paid-in capital increase during 20X6?
d.
Did Star’s total legal capital
increase or decrease during 20X6? By what amount?

2. Bond
computations: Straight-line amortization
Southlake Corporation issued $900,000
of 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1
and mature in 10 years. Assume the independent cases that follow.
·
Case A—The bonds are issued at 100.
·
Case B—The bonds are issued at 96.
·
Case C—The bonds are issued at 105.

Southlake uses the straight-line
method of amortization.

Instructions:

Complete the following table:

Case A

Case B

Case C

Cash inflow on the issuance date

_______

_______

_______

Total cash outflow through
maturity

_______

_______

_______

Total borrowing cost over
the life of the bond issue

_______

_______

_______

Interest expense for the
year ended December 31, 20X1

_______

_______

_______

Amortization for the year
ended December 31, 20X1

_______

_______

_______

Unamortized premium as of
December 31, 20X1

_______

_______

_______

Unamortized discount as of
December 31, 20X1

_______

_______

_______

Bond carrying value as of
December 31, 20X1

_______

_______

_______

3. Definitions of manufacturing concepts

Interstate Manufacturing produces brass fasteners and incurred the following
costs for the year just ended:
Materials
and supplies used
Brass $75,000

Repair
parts 16,000

Machine
lubricants 9,000

Wages and
salaries Machine operators 128,000
Production
supervisors 64,000

Maintenance
personnel 41,000

Other
factory overhead Variable 35,000
Fixed 46,000

Sales
commissions 20,000

Compute:
a.
Total direct materials consumed
b.
Total direct labor
c.
Total prime cost
d.
Total conversion cost

4.
Scheduleof
cost of goods manufactured, income statement
The following information was
taken from the ledger of Jefferson Industries, Inc.:

Direct
labor

$85,000

Administrative
expenses

$59,000

Selling
expenses

34,000

Work in.
process:

Sales

300,000

Jan. 1

29,000

Finished
goods

Dec. 31

21,000

Jan. 1

115,000

Direct
material purchases

88,000

Dec. 31

131,000

Depreciation:
factory

18,000

Raw
(direct) materials on hand

Indirect
materials used

10,000

Jan. 1

31,000

Indirect
labor

24,000

Dec. 31

40,000

Factory
taxes

8,000

Factory
utilities

11,000

Prepare the following:
a.
A schedule of cost of goods manufactured for
the year ended December 31.
b.
An income statement for the year ended
December 31.

5. Manufacturing statements and cost
behavior
Tampa Foundry began operations during the
current year, manufacturing various products for industrial use. One such
product is light-gauge aluminum, which the company sells for $36 per roll. Cost
information for the year just ended follows.

Per Unit

Variable
Cost

Fixed
Cost

Direct materials

$4.50

$ —

Direct labor

6.5

—

Factory overhead

9

50,000

Selling

—

70,000

Administrative

—

135,000

Production and sales totaled 20,000 rolls and
17,000 rolls, respectively There is no work in process. Tampa carries its
finished goods inventory at the average unit cost of production.
Instructions:
a.
Determine the cost of the finished goods
inventory of light-gauge aluminum.
b.
Prepare an income statement for the current
year ended December 31
c.
On the basis of the information presented:
1.
Does it appear that the company pays
commissions to its sales staff? Explain.
2.
What is the likely effect on the $4.50 unit
cost of direct materials if next year’s production increases? Why?

—

Assignment 2
FORMATIVE ASSESSMENT
DATE: TERM 3 2020 SESSION:
SUBJECT: MEDIA STUDIES II CODE: MDS 20AS
STATIONERY:
1. Test answer book
2.
3.
ASSESSORS: R MOYO, L MOTHAKE
MODERATOR: D M DELPORT
INSTRUCTIONAL PROGRAMME: Dip-LPM
CODE: MDS 20AS
INSTRUCTIONS:
TIME: TOTAL: 100 Marks
1. Answer all questions.
2. Write neatly and legibly.
THIS PAPER CONSISTS OF _7_ PAGES
QUESTION 1: CHAPTER 11 – SOURCES OF NEWS
1.1 Discuss the importance for a journalist to be conversant with the following:
1.1.1 Read
1.1.2 Listen
1.1.3 Be friendly
1.1.4 Subscribe
1.1.5 Be skeptical
(10)
1.2 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:
1.2.1 Origin
1.2.2 Symptoms
1.2.3 Comorbidities
1.2.4 Infection by age group
1.2.5 Precautionary measures
(10)
TOTAL OF QUESTION 1: [20]
______________________________________________________________________
QUESTION 2: CHAPTER 12 – INTERVIEWING
2.1 Give 6 (six) different forms interviews may take.
(6)
2.2 List 4 sources of information you can consult in finding a news story, justifying the circumstances in which you will consider each.
(8)
2.3 Think about interviewing a local politician about the Corvid 19 Personal Protective Equipment corruption scandal under investigation. Which approach would you use: “The pyramid format” or “The inverted pyramid format”? Justify your answer.
(4)
2.4 Complete the saying by Brooks (1992: 99) “Information is the …………………….”
(2)
TOTAL OF QUESTION 2 [20]
______________________________________________________________________
QUESTION 3: CHAPTER 13 – NEWS WRITING
3.1 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.
-impact
-novelty
-human interest
-timeliness
-conflict
(10)
Coronavirus morning recap: Test swab stuck in woman’s lung, and Covid corruption latest
Doctors 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.
A 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.
The woman was undergoing brain surgery in a UK hospital to remove a fragment of her skull. As part of her treatment, a tracheostomy tube – placed into the windpipe to Help with breathing – was fitted.
After 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.
Since 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.
However, a nurse carrying out the test felt the swab snap during the procedure, and part of it ended up in the patient’s windpipe.
The test swab is designed to snap into a test tube to be sent to the lab.
According to the case report, the patient became -momentarily unsettled- and began breathing more heavily for a while before returning to normal.
A 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.
Adapted from News24 21 October 2020
3.2 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.
(6)
3.3 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.
Dr 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.
Adapted from Flowers for Algernon by Daniel Keys Und.
(4)
TOTAL OF QUESTION 3 [20]
______________________________________________________________________
QUESTION 4: CHAPTER 14 – NEWSPAPER LANGUAGE
4.1 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:
i. ambiguity
ii. sentence length
iii. using the right words
iv. words and idioms
v. getting the tone right
vi. slang, jargon, foreign words
vii. correct word order
viii. variety and readability
I had a test today. I think I faled it and I think mabye now they wont use
me. What happind is I went to Prof Nemurs office on my lunch time like they
said and his secertery took me to a place that said psych dept on the door
with a long hall and alot of littel rooms with onley a desk and chares. And
a nice man was in one of the rooms and he had some wite cards with ink spilld
all over them. He sed sit down Charlie and make yourself cunfortible and
rilax. He had a wite coat like a docter but I dont think. he was no docter
because he dint tell me to opin my mouth and say ah. All he had was those
wite cards. His name is Burt. I fergot his last name because I dont remembir
so good.
I dint know what he was gonna do and I was holding on tite to the chair like
sometimes when I go to a dentist onley Burt aint no dentist neither but he
kept telling me to rilax and that gets me skared because it always means its
gonna hert.
So Burt sed Charlie what do you see on this card. I saw the spilld ink and
I was very skared even tho I got my rabits foot in my pockit because when I
was a kid I always faled tests in school and I spilld ink to.
Adapted from Flowers for Algernon by Daniel Keys Und.
(16)
4.2 Insert relevant and communicative captions for news stories on the following pictures attached:
4.2.1
4.2.2
4.2.3
4.2.4
(4)
TOTAL OF QUESTION 4: [20]
______________________________________________________________________
QUESTION 5: CHAPTER 15 – FEATURE WRITING
5.1 Write a feature lead with each of the following types of lead, and give a suitable headline to your feature:
i. statement lead
ii. anecdotal lead
iii. Descriptive lead
iv. Question lead
v. Quote lead
(15)
5.2 Identify and attach each of the following types of features from any newspaper:
i. the trend feature
ii. the profile feature
iii. the investigative feature
iv. the human-interest feature
v. the humour feature
(5)
TOTAL OF QUESTION 5: [20]
______________________________________________________________________
GRANDTOTAL [100]

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