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 $1,296,000 based on production of 360,000 handheld consoles and 94,000 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?

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 $1,096,000 based on production of 360,000 handheld consoles and 117,000 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?

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 $1,222,000 based on production of 340,000 handheld consoles and 89,000 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?

1. A company has basic EPS of $29 per share. If the tax rate is 30%, which of the following securities would be dilutive?

1. Cumulative 8%, $50 par preferred stock
2. Ten (10%) percent convertible bonds, with each $1,000 bond convertible into 20 shares of common stock.
3. Seven (7%) percent convertible bonds, with each $1,000 bond convertible into 40 shares of common stock.
4. Six (6%) percent,$100 par cumulative convertible preferred stock with each preferred share convertible into 4 shares of common stock.

In the rainy season, the amazon flows fast and runs deep. In one location, the river is 23m deep and moves at a speed of 4.0m/s toward the east. The earth's 50uT magnetic field is parallel to the ground and directed northward. If the bottom of the river is at 0V, what is the potential (magnitude and sign) at the surface?

Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow.

Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow.

Required:

a. Compute the unit costs for the two products V-1 and V-2 using the current costing system at Upriver (using machine hours as the allocation basis). (Do not round intermediate calculations. Round your answers to 2 decimal places.)
b. Compute the unit costs for the two products V-1 and V-2 using the proposed ABC system at Upriver. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Use the following dataset and assume all assumptions are met

Provide all R code needed to conduct the tests

Bat house color and species

Lasiurus in brown: 45, 49, 53, 54, 46, 51, 50, 48, 52, 50

Myotis in brown: 40, 38, 35, 39, 39, 44, 42, 48, 41, 40

Lasiurus in tan: 53, 49, 51, 52, 59, 54, 53, 54, 58, 51

Myotis in tan: 62, 64, 59, 61, 65, 61, 58, 63, 56, 61

1. Provide the three hypotheses statements (null and alternative) that could be made if a two-factor ANOVA were conducted on this data set.

2. Conduct a two-factor ANOVA and give an explanation for what each of the F statistics reported in the model summary are testing.

3. Interpret the results as reported by the model summary. Provide an explanation addressing each of the hypotheses that were used in this statistical test. Should each of these hypotheses be considered in this analysis?

4. Create a figure that assesses the possibility of a significant second-order interaction and interpret the figure in one sentence.

Next, separate the participants into two groups by using range matching (decide on your acceptable ranges in advance, for example, within 5 pounds).

a.)Match as many pairs of female participants as possible: find a match and randomly assign one to the first group, and the other to the second group. Next, do the same for the male participants.

b.)Next, match not only on gender, but also on weight.

c.)Finally, match the participants on all three variables.

3.) Finally, match the 40 participants on gender, weight, and height, using rank-ordered matching.

40 Participants to be matched:

Name                   Gender           Weight   (lbs.)   Height (in.)

#1. Anna BoFanna           F           110       60

2. Sandy Beach           F           140       70

3. Chuck Wagon           M           200       72

4. Ken Garoo               M           180       70

5. Seymour Clearly           M           190       71

6. Phil O’Dendron           M           210       74

7. Rhoda Dendron           F           120       65

8. Pete Moss               M           150       68

9. Howie Dooit           M           160       70

10. Willy Makeit           M           180       70

11. Betty Won’t               F           100       63

12. Al Gebra               M           190       72

13. Carol Ofthebells           F           95       55

14. Harold Bethyname           M           240       76

15. Andy Walkswithme           M           250       75

16. Rod Andreel           M           220       72

17. Stu   Potts               M           190       69

18. Sharon Sometimetogether       F           108       65

19. Clara Asabell           F           115       68

20. Allyson Wonderland       F           118       68

21. April Showers           F           110       63

22. Ben Dover               M           190       69

23. Hugh Gottabekiddinme       M           200       72

24. May Flowers           F           130       70

25. June Blossoms           F           100       60

26. Helen Highwater           F           135       68

27. Sam Iam               M           195       69

28. Mike Robiology           M           215       72

29. Maye Beeso               F           134       67

30. Polly Warner-Cracker       F           109       54

31. Rick O’Chet           M           140       64

32. Bill Board               M           180       70

33. I. C. Freeze               M           190       71

34. Barry Um               M           200       72

35. Raye Dium               F           112       67

36. Helena Baskit           F           114       66

37. Summer Rayne           F           96       65

38. Deniece Denephew           F           122       69

39. Goldie Lox               F           105       63

40. Cindy Rella               F           124       68

Question 2. (This question has three parts: I, II, and III) Assume you are holding 1000 shares of XYZ stocks. You are considering using call options to hedge downside risk. The stock is selling at $45 and the following two call options are being considered for writing: an XYZ July 40 (i.e., the strike price is $40, and it expires in July); and an XYZ July 50. You are going to write 10 contracts, and each contract contains 100 options. Part I. Your broker provided you with the information about the prices of these two call options, one is $8 and the other is $1. But he forgot to tell you which one was for $8 and which one was for $1. Based on what you have learnt, what is the price for XYZ July 40 call? Briefly discuss, why writing a call option can provide downside protection for your stock holding. Part II. Compare two strategies: Strategy A: write July 40 calls against your holding; Strategy B: write July 50 calls against your holding. Both strategies provide some downsize protection. Please explain which strategy offers a higher level of protection in the current case.   Part III. Besides providing different levels of protection, these two strategies offer different profit/loss profile. Under what scenario, will strategy B outperform the strategy A? You need to show your analysis/calculation process explicitly to support your conclusion.

A statistics professor plans classes so carefully that the lengths of her classes are uniformly distributed between 48.0 and 53.0 minutes. Find the probability that a given class period runs between 50.25 and 51.25 minutes. Find the probability of selecting a class that runs between 50.25 and 51.25 minutes.