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 $277,600. During that time, the company produced 12,100 units of the M-008 and 2,100 units of the M-123. The direct costs of production were as follows.
| M-008 | M-123 | Total | ||||
| Direct materials | $ | 96,800 | $ | 84,000 | $ | 180,800 |
| Direct labor | 96,800 | 42,000 | 138,800 | |||
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 | $ | 105,600 | 1,000 | 9,000 | 10,000 | ||||
| Number of production runs | 80,000 | 10 | 30 | 40 | |||||
| Number of inspections | 92,000 | 15 | 35 | 50 | |||||
| Total overhead | $ | 277,600 | |||||||
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
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 $326,400. During that time, the company produced 14,400 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 $ 115,200 $ 96,000 $ 211,200 Direct labor 115,200 48,000 163,200
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 $ 154,900 8,000 2,000 10,000 Number of production runs 80,000 20 20 40 Number of inspections 91,500 15 35 50 Total overhead $ 326,400
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
(c++ code)
A theatre seating chart is implemented as a two-dimensional array of ticket prices, like this:
AISLE
ROW 1 2 3 4 5 6 7 8 9 10
--------------------------------------------------------------------------------------------------------------
10 10 10 10 10 10 10 10 10 10 10
9 10 10 10 10 10 10 10 10 10 10
8 10 10 10 10 10 10 10 10 10 10
7 10 10 20 20 20 20 20 20 10 10
6 10 10 20 20 20 20 20 20 10 10
5 10 10 20 20 20 20 20 20 10 10
4 20 20 30 30 40 40 30 30 20 20
3 20 30 30 40 50 50 40 30 30 20
2 30 40 50 50 50 50 50 50 40 30
1 30 40 50 50 50 50 50 50 40 30
Write a program that prompts users to pick either a seat or a price or quit. Mark sold seats by changing the price to 0. When a user specifies a seat, make sure it is available. When a user specifies a price, find any seat with that price starting at the front and working to the back of the theatre. Make sure you write your program using well defined functions.
You are to hand in:
In: Computer Science
In the Python:
Note 1: You may not use these python built-in functions:
sorted(), min(), max(), sum(), pow(), zip(), map(), append(), count() and counter().
(7 points) unique.py: A number in a list is unique if it appears only once. Given a list of
random numbers, print the unique numbers and their count. Print the duplicate numbers and
their count.
Sample runs:
Enter the size of the list : 7
[8, 2, 6, 5, 2, 4, 5]
There are 3 unique numbers: 8 6 4
There are 2 duplicate numbers: 2 5
Sample run:
Enter the size of the list : 7
[2, 2, 4, 3, 3, 3, 4]
There are 0 unique numbers:
There are 3 duplicate numbers: 2 3 4
In: Computer Science
Vanessa Inc has a beta of .7. The market risk premium is 8% and risk-free rate is 5%. Vanessa Inc’s last dividend was $1.20 per share, and the dividend is expected to grow at 7% indefinitely. The stock price is currently $40. Vanessa Inc’s target capital structure is 30% debt and 70% equity. It cost of debt is 10% before taxes. The tax rate is 40%.
a) Calculate the cost of equity under:
b) Using the average cost of equity calculated previously, what is the WACC
In: Finance
Be sure to use only C for the Programming Language in this problem.
Before we start this, it is imperative that you understand the words “define”, “declare” and “initialize” in context of programming. It's going to help you a lot when following the guidelines below.
Let's begin! Define two different structures at the top of your program. be sure to define each structure with exactly three members (each member has to be a different datatype). You may set them up however you want (so long as it runs without issue of course). Remember to use semicolons.
- Inside main, declare two structures. One for each of the two structures you defined.
- Then, initialize each one of the members manually (the three members of your first structure and the three elements of your second structure).
- Lastly, print out all six members with their respective message.
In: Computer Science
These are the scores of 40 students in MAT that took the Final Exam. Perform the computations asked below with this set of data:
|
88 |
91 |
50 |
65 |
46 |
99 |
72 |
82 |
66 |
75 |
|
70 |
58 |
86 |
83 |
68 |
82 |
59 |
98 |
64 |
82 |
|
99 |
58 |
20 |
63 |
64 |
39 |
81 |
89 |
96 |
101 |
|
83 |
56 |
93 |
84 |
70 |
22 |
105 |
81 |
102 |
77 |
1. What is the class mean of the test scores? Round to the nearest whole number.
2. What is the standard deviation (Sx) of the scores? Round to the nearest tenth.
3. What is the range of the scores?
4. What is the median?
5. What is the five number summary? Round each number to the nearest tenth.
6. The scores are roughly normally distributed. Calculate the interval that 68% of the data values fall between. Round to the nearest whole number.
Type answer as #1 to #2. Example: 65 to 76
7. Suppose a student got a 71 on the exam. Calculate a z-score, to two decimal places, for this student.
8. Describe the z-score according to its relationship to the mean (steps above/below).
Select one:
a. The z-score is .15 steps above the mean.
b. The z-score is .15 steps below the mean.
c. The z-score is 20.5 steps below the mean.
d. The z-score is 20.5 steps above the mean.
9. What percentile is the student in? Round to the nearest whole number.
10. What does the student percentile represent?
Select one:
a. The student earned a higher score than 44% of the other students in the class.
b. 44% of the students passed the exam.
c. 44% of the students earned a higher score than the student.
d. The student has a 44% chance of passing the exam.
In: Statistics and Probability
(a) What is the daily demand rate?
(b) What is the optimal production quantity?
(c) How long will it take to produce the optimal quantity? How much inventory is sold during this time?
(d) If Ross uses the optimal production quantity, what would be the maximum inventory level? What would be the average inventory level? What is the annual holding cost?
(e) How many production runs would there be each year? What would be the annual setup cost?
(f) Given the optimal production run size, what is the total annual inventory cost?
(g) If the lead time is one-half day, what is the ROP?
In: Advanced Math
Simplify. Do not give trig values.
1) 2 sin40 cos 40
2) 10 sin 18 cos 18
3) (tan 22)^2
4) 2 (cos 37)^2 - 1
5) (cos 29)^2 - 1
6) (sin 33)^2 + (cos 33)^2
7) (sin 38)^2 - (cos 38)^2
8) cos 67 cos 31 + sin 67 sin 31
9) cos 81 cos 53 - sin 81 sin 53
10) cos 46 / sin 46
11) sin 50 / cos 40
12) sin 44 cot 44
13) 4 (sin 31)^2 (cos 31)^2 "think double angle"
14) sin 38 + cos 38
15) sin 40 + cos 32 "sum to product rule"
16) sin 53 cos 67 "product to sum rule"
In: Math
Suppose that you are interested in examining the effects of the
transition from fetal to postnatal circulation among the premature
infants. For each of the 14 healthy newborns, respiratory rate is
measured at two different times - once when the infant is less than
15 days old, and again when he or she is more than 25 days
old.
Respiratory Rate
Subject, Time 1, Time 2
1, 62, 46
2, 35, 42
3, 38, 40
4, 80, 42
5, 48, 36
6, 48, 46
7, 68, 45
8, 26, 40
9, 48, 42
10, 27, 40
11, 43, 46
12, 67, 31
13, 52, 44
14, 88, 48
a) What is the population under study?
b) Using the Wilcoxon signed-rank test, evaluate the null hypothesis that the median difference in respiratory rates for the two times is equal to 0
In: Statistics and Probability