Maglie Company manufactures two video game consoles: handheld and home. The handheld consoles are smaller and less expensive than the home consoles. The company only recently began producing the home model. Since the introduction of the new product, profits have been steadily declining. Management believes that the accounting system is not accurately allocating costs to products, particularly because sales of the new product have been increasing.

Management has asked you to investigate the cost allocation problem. You find that manufacturing overhead is currently assigned to products based on their direct labor costs. For your investigation, you have data from last year. Manufacturing overhead was $1,338,000 based on production of 310,000 handheld consoles and 100,000 home consoles. Direct labor and direct materials costs were as follows.

Management has determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year are as follows.

Required:

a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product?

b. How much overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product?

• Required A

How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total Cost per Unit" to 2 decimal places.)

• Required B

How much overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? (Do not round intermediate calculations. Round "Total cost per unit" to 2 decimal places.)

The Jordan Company has two divisions and manufactures one type of watch. The two divisions are the production Division and the Package & Delivery Division. The production Division manufactures watches and then sells them to the Package & Delivery Division, which packs the watches and sells them to retailers. The market price for the Package & Delivery Division to purchase this watch is £40.

Notes: Fixed costs shown above are per pair for 100,000 units.

Required:

a) If the Package & Delivery Division purchases 100,000 watches from production departments and sells to retailers at a price of £160 per watch, what is the operating income of the Jordan Company?

Write a program that inputs a string that represents a binary number. The string can contain only 0s and 1s and no other characters, not even spaces. Validate that the entered number meets these requirements. If it does not, display an error message. If it is a valid binary number, determine the number of 1s that it contains. If it has exactly two 1s, display "Accepted". Otherwise, display "Rejected". All input and output should be from the console.

Examples of invalid binary numbers:
abc
10102011
10101FF
0000 1111 (note: contains a space)

Examples of valid, rejected binary numbers:
00000000
1111
01110000001

Examples of valid, accepted binary numbers:
1000001
1100

Your program will only test one input for each run of the program. Testing each of the test cases requires a separate run of your program for each one.

The following 3 test runs illustrate the format of the program's console input and output:

Enter a binary number > abc
Invalid binary number.

Enter a binary number > 01110000001
Rejected

Enter a binary number > 1000001
Accepted

Make sure you study the Final Project Guidance document.

Course Project Guidance
=======================

Getting the input
-----------------
Use the Scanner class nextLine method to input the binary number as a String.

Use the String charAt() method in a "for" loop that varies the index of the
character being examined. If your loop control variable is "i", then you will
use charAt(i) in the loop body to be able to examine the character at position "i".
As the loop progresses, you are able to get each character one-by-one. The
characters in a String are indexed from 0 to 1 less than the number of characters
in the String. The number of characters in the String can be determined by using
the String length() method.

Suppose you named the input String sInput. Then your "for" loop header would look like:
  for (int i = 0; i <= sInput.length() - 1; i++)

Note that charAt() returns a character as type "char". For comparison, remember that
character literals are enclosed in single quotation marks, like this: '1'.

Error message
-------------
When an invalid string is detected, display an error message, and then use a "return"
statement to exit from the main method (ending the program).

Purpose of "for" loop
---------------------
You must think about and understand the purpose of your "for" loop.
Don't try to fit your entire program into it.

For example, the "for" loop could count the number of invalid characters
(anything other than a '0' or a '1') and also it could count the number of
'1's it found.

Then, after the "for" loop is finished, that is after its closing brace, you
could have other code with "if" and/or "else" statements to decide what to output.

Of course, that means any variables you use in your post-"for" loop code must
be declared prior to the start of the "for" loop so they will still be in scope
after it finishes.

Alexandra Bay Ltd has five employees. According to their particular employment award, long-service leave can be taken after 12 years, at which time the employee is entitled to 10 weeks’ leave. If an employee were to leave before the completion of 12 years’ service, no entitlement would be paid.

High-quality corporate bond rates exist with periods to maturity that exactly match the various periods that must still be served by the employees before LSL entitlements vest with them.

The projected inflation rate for the foreseeable future is 2 per cent. The projected probabilities that the employees will stay long enough for the LSL to vest—that is, for a total of 12 years—are as follows:

REQUIRED

(a)Calculate Alexandra Bay’s current obligation for long-service leave.

(b)If the opening provision for long-service leave is $12 500, provide the journal entry to record Alexandra Bay’s long-service leave expense

McCormick & Company is considering a project that requires an initial investment of $24 million to build a new plant and purchase equipment. The investment will be depreciated as a modified accelerated cost recovery system (MACRS) seven-year class asset. The new plant will be built on some of the company's land, which has a current, after-tax market value of $4.3 million. The company will produce bulk units at a cost of $130 each and will sell them for $420 each. There are annual fixed costs of $500 thousand. Unit sales are expected to be $150,000 each year for the next six years, at which time the project will be abandoned. At that time, the plant and equipment is expected to be worth $8 million (before tax) and the land is expected to be worth $5.4 million (after tax). To supplement the production process, the company will need to purchase $1 million worth of inventory. That inventory will be depleted during the final year of the project. The company has $100 million of debt outstanding with a yield to maturity of 8 percent, and has $150 million of equity outstanding with a beta of 0.9. The expected market return is 13 percent, and the risk-free rate is 5 percent. The company's marginal tax rate is 40 percent.

1. What will be the tax depreciation each year?

2. What will be the value of the plant and equipment for tax purposes in year six? Will it be sold for a gain or a loss, and what will the tax effect be?

3. What is the weighted average cost of capital (WACC)?

4. What is the salvage cash flow of the new equipment? Include the income tax effect.

5. What is the total operating cash flows, given the following operating cash flows:

Sales = 150,000 x $420 = $63,000,000

Costs = 150,000 x $130 + $500,000 = $20,000,000

How does female choice usually operate within cricket populations? That is, do females tend to be choosey, and what criteria do they use to make mating choices? How does female choice work differently for the Kauai field cricket population? Is this difference in female choice an adaptation or not? Explain in details.

ABC Company is preparing to launch a new product. They are considering three different product designs and will select only the one product that yields the highest revenue. A feasibility study suggest that product development, regardless of which of the three products is selected, will cost $1,250,000 initially, which includes all design, testing, set-up and initial operating costs. Annual operating cost, once the selected product is placed into production, will cost $125,000 and the net revenue for the first year is projected to be $450,000. Both the project costs and revenues are independent of the option selected. Market analysis for each of the three products suggest that subsequent revenues, i.e. the revenues received at the end of each year starting in year 2, will differ as described below

•  Design 1: The revenue will increases by $75,000 per year.

•  Design 2: Revenues will remain the same for the next two years (i.e. years 2 and

  3) and then will increase by 10% each year, over the previous year, in each

  subsequent year.

•  Design 3: Revenues will increase in years 2 through 4 by 10% per year, then in

  years five through seven, revenues will be $300,000, $225,000, and 150,000 per year, respectively.

• If the product’s life is 7 years and the market interest rate is 8% per year, which of the threeproduct designs should ABC Company launch? To answer this question compare the future values of the cash flows for each of the three designs over the first seven years.

Diastolic blood pressure measurements on American men ages 18-44 years follow approximately a normal curve with μ = 81 mm Hg and σ =11 mm Hg. The distribution for women ages 18-44 is also approximately normal with the same SD but with a lower mean, μ =75 mm Hg. Suppose we are going to measure the diastolic blood pressure of n randomly selected men and n randomly selected women in the age group 18-44 years. Let E be the event that the difference between men and women will be found statistically significant by a t test. How large must n be in order to have Pr[ E] = 0.9? a. if we use a two tailed t test at a = 0.05? b .if we use a two tailed t test at a= 0.01? c. if we use a one tailed t test in the correct direction at a=0.05 ?

The table given below reports the marginal revenue and marginal cost of the Fortune Travel Inc. for each client. Table 12 Number of Clients Marginal Revenue Marginal Cost 1 100 $200 2 90 $100 3 80 $80 4 70 $40 5 60 $45 6 50 $50 7 40 $60 8 30 $70 9 20 $90 10 10 $120

In Table 12, assume that the total fixed cost of the Fortune Travel Inc. is zero. Compute the profit earned by the Fortune Travel Inc.with six clients. Show your work. (Show your work to earn credits. No Work, No Credit.)

A portfolio has 65 shares of Stock A that sell for $40 per share and 130 shares of Stock B that sell for $31 per share. What is the portfolio weight of Stock A? What is the portfolio weight of Stock B?