Lavish Lamps

Lavish Lamps produces high-quality lighting fixtures in its manufacturing plant. The fixtures are designed and manufactured according to the customer’s specifications and are therefore made-to-order. The plant manager has provided you with the following list of key activities within the plant:

  • Product design
  • Production scheduling
  • Purchasing department
  • Receiving department
  • Machine set-up
  • Quality control
  • Plant security
  • Customer credit check
  • Machine operation
  • Maintenance

Required:

For each of these activities:

  • Identify a cost object and a cost driver.
  • How would you recommend recording each of these costs?
  • How should these costs be allocated to lighting fixtures?

Introduction To Accounting

Part A (20 points)

Prepare in proper form journal entries for the following transactions. Omit explanations.

October

2 Owner made a cash investment into the company $5,000

8 Bought supplies on account $100.

10 Paid salaries, $700

15 Paid for supplies purchased on October 8

21 Received company telephone bill, to be paid later, $30

 

Part B (5 points each for a possible total of 50 points)

Record the following selected transactions for January in a two-column journal, identifying each entry by letter:

(a) Earned $7,000 fees; customer will pay later.

(b) Purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit

(c) Paid $3,000 for rent for January.

(d) Purchased $2,500 of supplies on account.

(e) A. Allen $1,000 investment in the company.

(f) Received $7,000 in cash for fees earned previously.

(g) Paid $1,200 to creditors on account.

(h) Paid wages of $6,250.

(i) Received $7,150 from customers on account.

(j) A. Allen withdrawal of $1,750.

PLEASE REVIEW ATTACHEMENT FOR REMAINDER OF PART C

Part C 

(1) (10 points) From the following items in the income statement columns of the worksheet of Friend’s Tutoring at December 31, prepare the closing entries without explanation, assuming that a $1,000 withdrawal was made during the period.

Final Argument Paper

“The purpose of the Week 5 Final Argument Paper assignment is to compose an argument that is clearly focused, fully developed, supported with research, and logically organized. The paper should convey your claim regarding your chosen topic and provide supporting research to assist your reader in understanding your argument. The paper should be formatted according to APA guidelines and should utilize appropriate academic language. You may use the Reference and Citation Generator to assist you with creating and finalizing your in-text citations and reference page.

Review the feedback you received on the content of your paper from your Week 3 Argument Paper Rough Draft assignment, along with the feedback you received on the formatting of your paper from your Week 4 Argument Paper Revised Rough Draft assignment. Incorporate the feedback into your final paper, and make any necessary revisions.

Write your Final Argument Paper using the APA Paper Template. Your final paper should be 700 to 1,050 words in length.

Ensure that your final paper includes the following:

  • An APA-formatted title page
  • An introduction paragraph with a thesis statement that clearly states your argument.
  • APA-formatted level 1 headings for each main topic
  • A topic sentence to begin each paragraph under each main topic
  • No more than three to five instances of paraphrased or directly quoted material integrated throughout the paper, followed by the appropriate APA-formatted citation
  • Conclusion paragraph
  • An APA-formatted reference page with a reference listing for a minimum of three peer-reviewed sources

Access the Center for Writing Excellence on eCampus and utilize the Grammar Checking Tools and the Plagiarism Checker to review your paper. Review and apply any recommended changes.

Refer to the Final Argument Paper Grading Guide for additional details on how this assignment is graded.

Submit your initial Plagiarism Checker report results along with your Final Argument Paper to the Assignment Files tab.”

Argument Paper Rough Draft

You composed a rough draft last week, and now it is important to review the content to determine whether you have conveyed the information that you intended. In addition to reviewing the effectiveness of the presentation of your argument and the support provided by your research, this assignment gives you the opportunity to ensure that in-text citations are included for any quoted or paraphrased material. You also have the opportunity to apply APA formatting conventions to your paper. This is the last step before completing final content revisions and submitting a final copy in Week 5.

Review the APA Sample Paper for tips on APA formatting.

Review your Argument Paper Rough Draft from Week 3, and compare the formatting to the APA Sample Paper.

Revise your paper to include APA formatting as follows.

  • Ensure all margins, font, spacing, and general APA conventions are correct.
  • Review your title page and revise any formatting errors.
  • Review your level 1 headings.
  • Ensure the paper is written in the third-person perspective.
  • Ensure paraphrased and quoted material within the paper includes properly formatted in-text citations.
  • Review the reference page and revise any formatting errors within the citations.

Access the Center for Writing Excellence on eCampus and utilize the Grammar Checking Tools and the Plagiarism Checker to review your paper. Review and apply any recommended changes.

Refer to the Revised Rough Draft Grading Guide for additional details on how this assignment is graded.

Submit your Argument Paper Revised Rough Draft to the Assignment Files tab.

African Americans

For your Final Project, you may write a paper or create a PowerPoint presentation.

  • If you choose to write a paper, it must be four to five pages in length, plus a title page and reference list, formatted according to APA style.
  • If you choose to create a PowerPoint project, it must be 12 to 15 slides, plus a title slide and a reference slide, formatted according to APA style. Be sure to save your presentation as a PDF before submitting it to Waypoint.
    • Please note that whether you choose to write a paper or create a PowerPoint presentation, you must properly cite your sources according to APA style.

To complete this project

  • Choose from one of the topics below and analyze its history from 1877 to the present.
  • Select four specific events or developments that span the years covered by this course, based on their impact on the topic. Two of the events must be from before 1945 and two events must be from after 1945. You must assess how the events in relationship to the topic changed over time and explain how the changes occurred. Please refer back to your Week 3 Assignment, consider your instructor’s comments and make any necessary revisions.
  • Write an introduction with a thesis. Your thesis should summarize the main conclusions that you discovered while researching your topic and that you will support with a logical argument based on evidence (sources). Please refer back to your Week 3 Assignment, consider your instructor’s comments, and make any necessary revisions to your thesis statement.
  • Connect each of the events or developments you have chosen back to your main thesis. The information presented must be organized and in chronological order.
  • You must use at least four sourcesPreview the document in your paper other than the textbook, with at least two primary sourcesPreview the document and at least two secondary sourcesPreview the document. Please refer back to your Week 3 Assignment, consider your instructor’s comments, and make any necessary revisions.

Choose one of the following topics:

  • Native Americans/American Indians
  • African Americans
  • Immigrants
  • Women

For example, a student writing a paper about the topic African Americans might choose the Harlem Renaissance and the Black Power Movement as two of their events. In that case, the paper would provide a description of the two movements. It would explain what each one revealed about the role of African Americans in broader American society in, respectively, the 1920s and the late 1960s, explain how and why the roles of African Americans in the 1920s differed from their roles in the late 1960s, and explain how events in the 1920s may have contributed to developments in the later decade.

Writing the Final Project
The Final Project

  • Must include a separate title page with the following:
    • Title of project
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • Must begin with an introductory paragraph that has a succinct thesis statement.
  • Must address the topic of the paper with critical thought.
  • Must end with a conclusion that reaffirms your thesis.
  • Must use at least four scholarly resources other than the textbook, including a minimum of two primary sources. Your secondary sources must come from the Ashford University Library. For help locating primary sources refer to the HIS206: Primary Sources Research Guide
  • Must document all sources, including images, in APA style as outlined in the Ashford Writing Center.
  • Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.

If you choose to create a PowerPoint presentation: You should use visual elements to contribute to your explanation of the topic. PowerPoint presentations should avoid plagiarism and have proper APA citations for all source material either in the note section at the bottom of each slide, or on the last slide of the show indicating sources for each slide. The final slide must be a correctly formatted reference list containing all of your sources. You may use non-scholarly sources for your images, but not for the text of the presentation. Make sure to pay attention to color and style. You will need to save your PowerPoint presentation as a PDF before you submit it to Waypoint. Use the Converting a PowerPoint to PDF (Links to an external site.)Links to an external site. tutorial.

Professors feed back:

This is sort of an amalgamation of what was needed – you have your events, and they are describe okay, but you don’t have annotations for your sources or primary sources.  That said, there is some integrated discussion of sources within your paper  However,  you really have to make sure to review the required formatting and requirements for assignments!

Cost Flows In An Organization

Assume you are a division manager for a manufacturing company of your choice.

  • Describe the company and identify the division you manage.
  • Think about the costs associated with developing and manufacturing your product. Identify whether the company would use process or product costing and describe why the selected method is most appropriate.
  • Identify the manufacturing costs involved in producing your product and classify each cost as direct materials, direct labor, or manufacturing overhead.
  • Discuss the most appropriate method for allocating the manufacturing overhead. How would different allocation methods affect the bottom line for your division?

Be sure to cite any sources using APA style.

Calculating Revenue

Before identifying costs in a new business, it is necessary to calculate revenue. All costs will be based on your anticipated revenue because costs are generated based on what it takes to produce the product for sale. This module you are going to think about your new business and determine what the first year in sales looks like.

  • Describe what product or service you will be selling.
  • How much will you charge for your product or service?
  • How many units of the product or service do you anticipate being able to sell over the first year?

This is a good time to dream, but also to be realistic. The beginning period in any company is challenging and realistic planning is crucial for success. Based on your estimates, build a table, in Microsoft Excel, showing the quantities sold of each item or service, the dollar amount charged for each, and the total anticipated revenue. Your table should reflect sales by the month and then an annual total. Include your table as an attachment to your initial discussion response. Opening a potatoe farm with growing and delivering product.