Activity-based costing, manufacturing. Decorative Doors, Inc., produces two types of doors, interior and exterior. The company’s simple costing system has two direct-cost categories (materials and labor) and one indirect-cost pool. The simple costing system allocates indirect costs on the basis of machine-hours. Recently, the owners of Decorative Doors have been concerned about a decline in the market share for their interior doors, usually their biggest seller. Information related to Decorative Doors production for the most recent year follows: Table shows the information of decorative doors, Inc.’s production for the two types interior, and exterior. The details of production are as follows: Interior Units sold: 3,200 Selling price: $125 Direct material cost per unit: $30 Direct manufacturing labor cost per hour: $16 Direct manufacturing labor-hours per unit: 1.50 Production runs: 40 Material moves: 72 Machine setups: 45 Machine-hours: 5,500 Number of inspections: 250 Exterior Units sold: 1,800 Selling price: $200 Direct material cost per unit: $45 Direct manufacturing labor cost per hour: $16 Direct manufacturing labor-hours per unit: 2.25 Production runs: 85 Material moves: 168 Machine setups: 155 Machine-hours: 4,500 Number of inspections: 150 Interior Exterior Units sold 3,200 1,800 Selling price $ 125 $ 200 Direct material cost per unit $ 30 $ 45 Direct manufacturing labor cost per hour $ 16 $ 16 Direct manufacturing labor-hours per unit 1.50 2.25 Production runs 40 85 Material moves 72 168 Machine setups 45 155 Machine-hours 5,500 4,500 Number of inspections 250 150 The owners have heard of other companies in the industry that are now using an activity-based costing system and are curious how an ABC system would affect their product costing decisions. After analyzing the indirect-cost pool for Decorative Doors, the owners identify six activities as generating indirect costs: production scheduling, material handling, machine setup, assembly, inspection, and marketing. Decorative Doors collected the following data related to the indirect-cost activities: Table shows the cost and driver for various activities. The details of the cost and driver are as follows: Production scheduling Activity Cost: $95,000 Activity Cost Driver: Production runs Material handling Activity Cost: $45,000 Activity Cost Driver: Material moves Machine setup Activity Cost: $25,000 Activity Cost Driver: Machine setups Assembly Activity Cost: $60,000 Activity Cost Driver: Machine-hours Inspection Activity Cost: $8,000 Activity Cost Driver: Number of inspections Activity Activity Cost Activity Cost Driver Production scheduling $95,000 Production runs Material handling $45,000 Material moves Machine setup $25,000 Machine setups Assembly $60,000 Machine-hours Inspection $ 8,000 Number of inspections Marketing costs were determined to be 3% of the sales revenue for each type of door. Required Calculate the cost of an interior door and an exterior door under the existing simple costing system. Calculate the cost of an interior door and an exterior door under an activity-based costing system. Compare the costs of the doors in requirements 1 and 2. Why do the simple and activity-based costing systems differ in the cost of an interior door and an exterior door? How might Decorative Doors, Inc., use the new cost information from its activity-based costing system to address the declining market share for interior doors?
In: Accounting
Write a program that prompts the user to enter two characters and display the corresponding major and year status. The first character indicates the major. And the second character is a number character 1, 2, 3, 4, which indicates whether a student is a freshman, sophomore, junior, or senior. We consider only the following majors: B (or b): Biology C (or c): Computer Science I (or i): Information Technology and Systems M (or m): Marketing H (or h): Healthcare Management A (or a): Accounting Note that your program needs to let the user know if the major or year is invalid. Also, your program should be case-insensitive: your program should tell ''Marketing'' either user type 'm' or 'M'. Here are three sample runs: Sample 1: Enter two characters: i3 Information Technology and Systems Junior Sample 2: Enter two characters: B5 Biology Invalid year status Sample 3: Enter two characters: t2 Invalid major Sophomore 1 ITSS3311 Introduction to Programming Project 2 What to deliver? Your .java file including: 1. Five sample runs with the following five input: (20 points, 4 points each) (1) h1 (2) T3 (3) A2 (4) I0 (5) c4 Note that you need to run your program 5 times. Each time you run it, copy and paste the program output to the top of your program. (5 points for pasting the code in the beginning) 2. Your code with other appropriate comments. (Code: 50 points, Comments:25points)
In: Computer Science
look for an investment company that runs multiple funds choose one of its fund and comment on the fees ,return ,risk tolerance and objective
In: Finance
George and Paula are running around a circular track. George starts at the westernmost point of the track, and Paula starts at the easternmost point. The illustration below shows their starting positions and running directions. They start running toward each other at constant speeds. George runs at 8 feet per second. Paula takes 50 seconds to run a lap of the track. George and Paula pass each other after 11 seconds. After running for 3 minutes, how far east of his starting point is George?
In: Math
You are the nurse manager on a pediatric unit. For the next fiscal year you will be adding 4 intermediate care beds in addition to the 15 acute-care beds that you already have. Your occupancy level runs close to 90%. You calculate that you will need to add TWO FTE RN positions per 8-hour shift to cover the additional beds. Calculate the number of FTE’s you will need to provide full time coverage for 2 FTE’s per 8-hour shift. Be sure to take in to consideration that you are a 24/7 operation and that your staff will need to take vacation, sick and other time away from work. Each FTE will get paid for the following : Holidays 9 Sick days 7 Vacation days 7 Education days 2 You need to calculate the Net Paid Days for each new FTE to be able to determine the total number of FTE’s needed to provide 24/7 coverage as you add the new beds. Show your calculations. Assume that the cost of a Registered nurse salary is $50,000 and benefits are $15,000. Compute the total annual cost of the additional staff. Show your calculations.
In: Nursing
In: Math
SLUGGING PERCENTAGES & BATTING AVERAGES - SENTINEL LOOP
Develop a program in JAVA that will determine the slugging percentages and batting average of several New York Yankees from the 2006 season. Slugging percentage is calculated by dividing the total number of bases by the number of at bats. The number of bases would be one for every single, two for every double, three for every triple, and four for every home run. The batting average is calculated by dividing the total number of hits by the number of at bats. You do not know the number of players in advance, but for each player you know their number of singles, doubles, triples, home runs, total number of at bats, and the player's name (use the proper type and method for each variable).
You will use a while sentinel loop on the 1st item to input. If it is not the sentinel, go into the while sentinel loop and separately input the rest of the input items (be careful of the enter in the input memory buffer for the player name). You will then calculate the total bases and the slugging percentage. You will then calculate the batting average. You will then print out the player's name, the labeled slugging percentage for that player to three decimal places, and the labeled batting average for that player to three decimal places. Use separate output statements. Print a blank line between players. This loop will repeat for as many players as you need.
Run your program with the following players and sentinel value (to show the sentinel value worked):
Singles: 158
Doubles: 39
Triples: 3
Home Runs: 14
At Bats: 623
Player: Derek Jeter
Singles: 51
Doubles: 25
Triples: 0
Home Runs: 37
At Bats: 446
Player: Jason Giambi
Singles: 104
Doubles: 26
Triples: 1
Home Runs: 35
At Bats: 572
Player: Alex Rodriguez
Singles: -1
In: Computer Science
As part of the quarterly reviews, the manager of a retail store analyzes the quality of customer service based on the periodic customer satisfaction ratings (on a scale of 1 to 10 with 1 = Poor and 10 = Excellent). To understand the level of service quality, which includes the waiting times of the customers in the checkout section, he collected data on 100 customers who visited the store; see the attached Excel file: ServiceQuality.
| Customer Number | Wait Time (min) | Purchase Amount ($) | Customer Age | Customer Satisfaction Rating |
| 1 | 2.3 | 436 | 42 | 7 |
| 2 | 2.8 | 408 | 33 | 6 |
| 3 | 3.2 | 432 | 38 | 5 |
| 4 | 3.4 | 431 | 40 | 5 |
| 5 | 3.4 | 456 | 29 | 6 |
| 6 | 4.2 | 537 | 46 | 4 |
| 7 | 3.2 | 456 | 42 | 5 |
| 8 | 1.4 | 430 | 40 | 8 |
| 9 | 6.4 | 663 | 24 | 3 |
| 10 | 7.8 | 839 | 37 | 4 |
| 11 | 6.5 | 659 | 52 | 5 |
| 12 | 9.8 | 836 | 43 | 2 |
| 13 | 5 | 543 | 56 | 4 |
| 14 | 1.8 | 419 | 35 | 8 |
| 15 | 6.1 | 700 | 39 | 6 |
| 16 | 3.4 | 432 | 44 | 7 |
| 17 | 7.8 | 845 | 33 | 5 |
| 18 | 2.8 | 467 | 42 | 6 |
| 19 | 1.2 | 425 | 46 | 8 |
| 20 | 9.5 | 848 | 50 | 4 |
| 21 | 8.2 | 808 | 55 | 3 |
| 22 | 7.6 | 674 | 35 | 3 |
| 23 | 5.4 | 547 | 52 | 4 |
| 24 | 6.7 | 691 | 38 | 5 |
| 25 | 9.6 | 847 | 53 | 4 |
| 26 | 11.4 | 826 | 48 | 2 |
| 27 | 2.1 | 426 | 52 | 7 |
| 28 | 5.6 | 535 | 32 | 7 |
| 29 | 3.7 | 521 | 43 | 8 |
| 30 | 4.9 | 513 | 44 | 6 |
| 31 | 6.4 | 645 | 53 | 5 |
| 32 | 9.3 | 846 | 52 | 4 |
| 33 | 10.6 | 730 | 51 | 3 |
| 34 | 6.5 | 786 | 53 | 3 |
| 35 | 5.4 | 523 | 46 | 5 |
| 36 | 7.6 | 654 | 36 | 6 |
| 37 | 3.2 | 443 | 48 | 7 |
| 38 | 2.4 | 409 | 54 | 8 |
| 39 | 1 | 400 | 39 | 6 |
| 40 | 0.2 | 418 | 51 | 7 |
| 41 | 2.4 | 498 | 30 | 6 |
| 42 | 5.7 | 532 | 32 | 5 |
| 43 | 6.4 | 663 | 44 | 7 |
| 44 | 6 | 681 | 39 | 8 |
| 45 | 3.7 | 543 | 54 | 5 |
| 46 | 8.7 | 800 | 51 | 5 |
| 47 | 6.9 | 673 | 45 | 5 |
| 48 | 9.8 | 856 | 43 | 4 |
| 49 | 10 | 756 | 44 | 4 |
| 50 | 9.5 | 854 | 43 | 6 |
| 51 | 6.3 | 672 | 50 | 6 |
| 52 | 7.4 | 698 | 47 | 7 |
| 53 | 2.3 | 434 | 43 | 7 |
| 54 | 4.6 | 544 | 40 | 4 |
| 55 | 4.9 | 523 | 53 | 6 |
| 56 | 5.7 | 546 | 55 | 6 |
| 57 | 7.4 | 676 | 42 | 8 |
| 58 | 6.8 | 662 | 36 | 6 |
| 59 | 9.6 | 1000 | 40 | 5 |
| 60 | 6.4 | 678 | 46 | 5 |
| 61 | 7.2 | 655 | 32 | 4 |
| 62 | 5.6 | 535 | 36 | 5 |
| 63 | 9.7 | 833 | 35 | 3 |
| 64 | 2.3 | 498 | 30 | 7 |
| 65 | 4.3 | 508 | 41 | 6 |
| 66 | 5.7 | 542 | 49 | 6 |
| 67 | 2.4 | 435 | 39 | 8 |
| 68 | 6.7 | 665 | 41 | 5 |
| 69 | 2.4 | 387 | 54 | 9 |
| 70 | 9.8 | 845 | 34 | 7 |
| 71 | 4.5 | 532 | 40 | 6 |
| 72 | 6.7 | 687 | 30 | 5 |
| 73 | 7.2 | 643 | 33 | 4 |
| 74 | 3.5 | 424 | 49 | 7 |
| 75 | 8.9 | 836 | 47 | 5 |
| 76 | 9.7 | 876 | 31 | 4 |
| 77 | 3.5 | 456 | 47 | 7 |
| 78 | 4.7 | 523 | 49 | 6 |
| 79 | 8.5 | 818 | 35 | 5 |
| 80 | 9.7 | 845 | 54 | 4 |
| 81 | 2.7 | 401 | 55 | 7 |
| 82 | 5.7 | 554 | 43 | 6 |
| 83 | 7.6 | 648 | 51 | 7 |
| 84 | 4.4 | 540 | 31 | 6 |
| 85 | 7.8 | 839 | 45 | 5 |
| 86 | 9.4 | 845 | 48 | 4 |
| 87 | 4.9 | 534 | 36 | 5 |
| 88 | 7.1 | 693 | 44 | 4 |
| 89 | 5.4 | 512 | 39 | 3 |
| 90 | 6.7 | 665 | 49 | 5 |
| 91 | 8.6 | 825 | 36 | 5 |
| 92 | 4.5 | 548 | 30 | 7 |
| 93 | 6.1 | 704 | 31 | 5 |
| 94 | 5.3 | 509 | 31 | 6 |
| 95 | 6.7 | 672 | 35 | 5 |
| 96 | 8.1 | 824 | 36 | 4 |
| 97 | 6.3 | 632 | 30 | 4 |
| 98 | 7.4 | 689 | 35 | 2 |
| 99 | 8.8 | 839 | 50 | 4 |
| 100 | 9.6 | 847 | 35 | 2 |
In: Statistics and Probability
Older people often have a hard time finding work. AARP reported on the number of weeks it takes a worker aged 55 plus to find a job. The data on number of weeks spent searching for a job are contained in the Excel Online file below. Construct a spreadsheet to answer the following questions.
Confidence Level: 0.95
Job Search Time (Weeks):
| 10 |
| 50 |
| 7 |
| 3 |
| 10 |
| 17 |
| 6 |
| 27 |
| 1 |
| 14 |
| 19 |
| 11 |
| 13 |
| 2 |
| 0 |
| 40 |
| 6 |
| 16 |
| 52 |
| 25 |
| 44 |
| 24 |
| 22 |
| 7 |
| 39 |
| 11 |
| 9 |
| 24 |
| 44 |
| 42 |
| 24 |
| 46 |
| 24 |
| 19 |
| 30 |
| 13 |
| 10 |
| 28 |
| 33 |
| 5 |
A. At 95% confidence, what is the margin of error? Please round the answer to four decimal places
B. What is the 95% confidence interval estimate of the mean? Please round the answer to two decimal places.
In: Statistics and Probability
A study was conducted to investigate levels of optimism between nursing students when they started in Fall of 2014 and the following year (Fall of 2015). Is there a significant relationship between the two assessment periods so that one may conclude that students who are optimistic at entry point tend to remain optimistic, and those who are less optimistic tend to remain on the pessimistic side, at least for a year of nursing school?
| FALL 2015 | FALL 2014 |
| 44 | 45 |
| 46 | 41 |
| 44 | 43 |
| 47 | 42 |
| 49 | 42 |
| 45 | 40 |
| 41 | 43 |
| 42 | 44 |
| 44 | 41 |
| 44 | 40 |
| 41 | 43 |
| 43 | 40 |
| 42 | 41 |
The appropriate test for this problem is:
a. correlation
b. regression
c. multiple regression
The obtained statistic is:
a. - .22
b. .049
c. - .152
d. - .75
The associated p value is:
a. .049
b. - .151
c. - .75
d. .469
Decision is:
a. reject the null
b. retain the null
Conclusion is:
a. there is a significant positive relationship between the two assessments
b. there is a significant negative relationship between the two assessments
c. Fall 2015 optimism is higher than Fall 2014 optimism
d. no conclusion can be drawn
In: Statistics and Probability