ENRIC Company produces multiple products. The company is currently using a traditional system. Total overhead is projected to amount to $2,300,000. The company uses machine hours as its allocation base. ENRIC expects 200,000 machine hours to be worked plant wide. However, the firm is considering changing to an ABC System. Here, overhead will be separated into four cost pools: Machining, Processing, Setup, and Assembling. Machining, Processing, Setup, and Assembling costs are projected to amount to $800,000, $485,000, $500,000, and $515,000 respectively. Plantwide machine hours are expected to amount to 200,000. The number of processing hours is expected to amount to 2,850,000. The number of production runs is expected to amount to 5000, and direct labor hours will amount to 400,000.
Listed below is actual cost information related to two products:
Product Y Product Z
Direct Materials $150,000 $210,000
Direct Labor $170,000 $260,000
Machine Hours 2,400 hours 22,000 hours
Processing Hours 1,200 hours 400 hours
Production Runs 24 runs 144 runs
Direct Labor Hours 5,000 hours 10,000 hours
Units Produced 500 units 800 units
A) Under the traditional system, compute the predetermined overhead rate.
B) Under the traditional system, apply overhead to both products.
C) Under the traditional system, compute the unit cost.
D) Under the ABC Method, calculate the appropriate activity rates
E) Apply overhead to both products using the ABC Method.
F) Compute unit cost for each product under the ABC Method
In: Accounting
In: Computer Science
Two people start at rest from the same point on a circular track of radius R = 20 m. Person #1 runs counterclockwise around the track with a con- stant angular acceleration of α1 = 0.0010 rad/s2. At the same time, Person #2 runs clockwise around the track with a constant angular acceleration of α2 = 0.0025 rad/s2. Determine the speed of each person when they meet for the first time after they start running.
I know from the class to start by finding time when they meet using |θ1| + |θ2| = 2π yielding 1/2 α1(T)^2= 1/2 α2 (T)^2
can you please solve this problem
Also explain why |θ1| + |θ2| = 2π and
Where this equation come from 1α1T2 + 1α2T2 = 2π
In: Physics
You are experiencing pressure from administrators to cut the Peer Mentor Program in order to save money. Their argument is that the Academic Success Program alone is enough to help students succeed. After meeting with students and their peer mentors, you feel confident that the Peer Mentor Program provides something that the Academic Success Program does not: a greater feeling of being connected to the campus community. To support your argument, you have the students complete the Connected On Campus Scale at the end of Year 1. You need to compare Groups 1 and 2 on their Connected On Campus Scale (COC) scores at the end of Year 1, to determine whether your argument is true. Select the appropriate test to perform and conduct a two-tailed testusing an alpha of .05. Use r2 for your effect size.
|
Group |
CSS Week 1 |
CSS After Year 1 |
COC |
Group |
CSS Week 1 |
CSS After Year 1 |
COC |
|
|
1 |
50 |
60 |
5 |
3 |
50 |
70 |
9 |
|
|
1 |
45 |
55 |
6 |
3 |
40 |
60 |
8 |
|
|
1 |
40 |
50 |
6 |
3 |
40 |
60 |
10 |
|
|
1 |
40 |
50 |
7 |
3 |
35 |
55 |
9 |
|
|
1 |
35 |
40 |
7 |
3 |
30 |
50 |
6 |
|
|
1 |
30 |
40 |
5 |
3 |
35 |
55 |
6 |
|
|
1 |
30 |
40 |
7 |
3 |
30 |
50 |
5 |
|
|
1 |
35 |
45 |
4 |
3 |
35 |
55 |
4 |
|
|
1 |
30 |
40 |
6 |
3 |
30 |
50 |
7 |
|
|
1 |
35 |
45 |
6 |
3 |
45 |
65 |
6 |
|
|
2 |
50 |
55 |
10 |
4 |
50 |
50 |
10 |
|
|
2 |
40 |
50 |
8 |
4 |
30 |
30 |
7 |
|
|
2 |
35 |
42 |
9 |
4 |
30 |
30 |
4 |
|
|
2 |
45 |
55 |
9 |
4 |
35 |
35 |
9 |
|
2 |
30 |
38 |
7 |
4 |
35 |
35 |
9 |
|
|
2 |
40 |
50 |
8 |
4 |
45 |
45 |
10 |
|
|
2 |
40 |
45 |
5 |
4 |
40 |
40 |
5 |
|
|
2 |
30 |
40 |
6 |
4 |
40 |
40 |
6 |
|
|
2 |
35 |
46 |
9 |
4 |
35 |
35 |
5 |
|
|
2 |
30 |
37 |
7 |
4 |
30 |
30 |
7 |
5a) What is the appropriate test statistic and why? (1 pt)
5b) What are the degrees of freedom? (1 pt) _________________
5c) What is your decision rule? (1 pt)
5d) Calculate and interpret r2. What information does this provide? (2 pts)
5e) Report the results using standard format. (1 pts)
5f) What are the means for each group? (1 pt)
5g) Can the data support your argument to administrators? (1 pt)
In: Statistics and Probability
A train runs between San Diego, and Kansas City, which is 4 km apart and maintains voltages of 450 volts and 400 volts respectively. The resistance of go and return is 0.05 ohm per km. The train draws a constant current of 500 A while in motion. What are the currents supplied by the two stations if the train is at the distance of minimum potential?
In: Electrical Engineering
Write a JAVA program in eclipse (write comment in every line) that asks the user to enter two numbers and an operator (+, -, *, / or %), obtain them from the user and prints their sum, product, difference, quotient or remainder depending on the operator. You need to use OOP techniques (objects, classes, methods….). This program must be place in a loop that runs 3 times.
In: Computer Science
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 290 per day, and it uses these subcomponents at a rate of 12,800 per year ( of 250 working days). Holding costs are $2 per item per year, and ordering costs are $31 per order.
a, What is the economic production quantity? (ROUND YOUR RESPONSE TO TWO DECIMAL PLACES)
b, How many production runs per year will be made? (ROUND YOUR RESPONSE TO TWO DECIMAL PLACES)
c, What will be the maximum inventory level?(ROUND YOUR RESPONSE TO TWO DECIMAL PLACES)
d, What percentage of time will the facility be producing components? (ENTER YOUR RESPONSE AS A PERCENTAGE ROUNDED TO TWO DECIMAL PLACES)
e, What is the annual cost of ordering and holding inventory? (ROUND YOUR RESPONSE TO TWO DECIMAL PLACES)
In: Operations Management
Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company’s two versions of a special reel used for river fishing. The two models are the M-008, a basic reel, and the M-123, a new and improved version. Cost accountants at company headquarters have prepared costs for the two reels for the most recent period. The plant manager is concerned. The cost report does not coincide with her intuition about the relative costs of the two models. She has asked you to review the cost accounting and help her prepare a response to headquarters.
Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent month, manufacturing overhead was $332,800. During that time, the company produced 13,300 units of the M-008 and 3,000 units of the M-123. The direct costs of production were as follows.
| M-008 | M-123 | Total | ||||
| Direct materials | $ | 106,400 | $ | 120,000 | $ | 226,400 |
| Direct labor | 106,400 | 60,000 | 166,400 | |||
Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows.
| Activity Level | |||||||||
| Cost Driver | Costs | M-008 | M-123 | Total | |||||
| Number of machine-hours | $ | 165,300 | 1,000 | 9,000 | 10,000 | ||||
| Number of production runs | 70,000 | 20 | 20 | 40 | |||||
| Number of inspections | 97,500 | 25 | 25 | 50 | |||||
| Total overhead | $ | 332,800 | |||||||
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 of the 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?
In: Accounting
Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company’s two versions of a special reel used for river fishing. The two models are the M-008, a basic reel, and the M-123, a new and improved version. Cost accountants at company headquarters have prepared costs for the two reels for the most recent period. The plant manager is concerned. The cost report does not coincide with her intuition about the relative costs of the two models. She has asked you to review the cost accounting and help her prepare a response to headquarters.
Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent month, manufacturing overhead was $328,000. During that time, the company produced 14,500 units of the M-008 and 2,400 units of the M-123. The direct costs of production were as follows.
| M-008 | M-123 | Total | ||||
| Direct materials | $ | 116,000 | $ | 96,000 | $ | 212,000 |
| Direct labor | 116,000 | 48,000 | 164,000 | |||
Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows.
| Activity Level | |||||||||
| Cost Driver | Costs | M-008 | M-123 | Total | |||||
| Number of machine-hours | $ | 158,500 | 1,000 | 9,000 | 10,000 | ||||
| Number of production runs | 70,000 | 10 | 30 | 40 | |||||
| Number of inspections | 99,500 | 20 | 30 | 50 | |||||
| Total overhead | $ | 328,000 | |||||||
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 of the 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?
In: Accounting
Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company’s two versions of a special reel used for river fishing. The two models are the M-008, a basic reel, and the M-123, a new and improved version. Cost accountants at company headquarters have prepared costs for the two reels for the most recent period. The plant manager is concerned. The cost report does not coincide with her intuition about the relative costs of the two models. She has asked you to review the cost accounting and help her prepare a response to headquarters.
Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent month, manufacturing overhead was $301,600. During that time, the company produced 12,600 units of the M-008 and 2,500 units of the M-123. The direct costs of production were as follows.
| M-008 | M-123 | Total | ||||
| Direct materials | $ | 100,800 | $ | 100,000 | $ | 200,800 |
| Direct labor | 100,800 | 50,000 | 150,800 | |||
Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows.
| Activity Level | |||||||||
| Cost Driver | Costs | M-008 | M-123 | Total | |||||
| Number of machine-hours | $ | 117,100 | 8,000 | 2,000 | 10,000 | ||||
| Number of production runs | 90,000 | 10 | 30 | 40 | |||||
| Number of inspections | 94,500 | 20 | 30 | 50 | |||||
| Total overhead | $ | 301,600 | |||||||
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 of the 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?
In: Accounting