Exercise 9-3 (Static) Revenue and Spending Variances [LO9-3] Quilcene.pdf

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Exercise 9-3 (Static) Revenue and Spending Variances [LO9-3] Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's flexible budget for August appears below: The actual results for August were as follows: Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.).

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Exercise 5-22 (Static) Recording Capital Projects Fund Transactions [LO 5-4] Fulbright County constructed a library in one of the county's high-growth areas. The construction was funded by a number of sources Below is selected information related to the Library Capital Project Fund. All activity related to the library construction occurred within the current fiscal year. The county operates on a calendar-year basis. Required Prepare a journal entry for capital projects fund and governmental activities at the government-wide level. af no entry is required for a tronsoction/event, select "No Journal Entry Required" in the first occount field.) 1. The county issied 56,000,000 of 4 percent bonds at par Proceeds from the bonds were to be used lor construction of the litrary? \begin{tabular}{|l|l|l|l|l|} \hline 1. Captat Projocts fund & & & \\ \hline & Govermmental Activios & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} 2. A 5650,000 fodoral grant was recelved to hel finance construction of the Bhary 3. The Litrary Special Revenue Fund transferred $250.000 foc use in comstruction of the Pbrary < Prex 19 or 23 Itit Next > the profoct was campleled. the cost of the lerary was allocated as follons 5200.000 to tand, 76,295,000 to bulding. and the remaindar to equipment. the project was completed, the cost of the likxary was allocaled ass follows: $200,000 to land, 56,795,000 to buldiing. and the remainder to equipment 6. The capital projects fund temporary acoounts were closed to Fund Balance-Festicted. The resources are restricted becacise they were obtained from bonded debt: issued exclusively for librarv construction The caplital prolects fund was closed by transferrine remaining tunda to tho debt senice fund for use in librarv constructice. 6. The caplai projocts fund temporary accoums were dosed to Fund Balance. Resticled. The resources are resticled beciese they were obeained from bonded debti tssued exclushely for Ilbrary construction. The capilal projects fund was dosed by traeifering romaining funds lo the debt service lund for ase in lobrary construction debt repayment..

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FILE Divorce. Divorce has become an increasingly prevalent part of American society. According to a 2019 Gallup poll, 77% of U.S. adults say divorce is morally acceptable, which is a 17-point increase since 2001 (Gallup, May 29, 2019). In general, the acceptability is higher for younger adults who are not very religious. A sociologist conducts a survey in a small Midwestern town where 200 American adults are asked about their opinion on divorce (Acceptable equals 1 if morally acceptable, 0 otherwise), religiosity (Religious equals 1 if very religious, 0 otherwise), and their age. A portion of the data is shown in the accompanying table. a. Estimate the linear probability model and the logistic regression model. b. Compute the accuracy rates of both models. c. Use the preferred model to predict the probability that a 40 - year old, very religious adult will find divorce morally acceptable. What if the adult is not very religious?.

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