Your Corporation has received a request for a special order of 9,500 units of product AB1 for $54.00 each. The normal selling price of this product is $60.99 each, but the units would need to be modified slightly for the customer. The normal unit product cost of product AB1 is computed as follows:

Direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like some modifications made to product AB1 that would increase the variable costs by $4.00 per unit and that would require a one-time investment of $40,000 in a special jig that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order.

Directions:  Determine the effect on the company's total net operating income of accepting the special order. Show your work!

Today BandN book stores is currently running a deal on e-books. Customers will receive a 15% discount off their entire order. Customers who buy 20 or more e-books will receive 20% off instead. Each book costs a flat $8.99. Write a C++ program that will calculate the final cost of your order, using functions. Global variables are not allowed unless they are constant. Information should be passed with parameters. Your main function should not do any of the tasks in the list below. The program will print a set of instructions for the user and give a brief explanation of the purpose. It will ask the user for the number of books you wish to download. It will display the number of books to be downloaded, the subtotal for the books, the discount earned and the total cost for the books. You should write a user-defined function to perform each of the following tasks: • print the instructions • prompt and read the number of books to be downloaded • calculate the sub total for those books • calculate the discount for your order • calculate the total cost for the downloaded books • print the results in a neat and well-labeled form

The Apex corporation produces corrugated paper. It has collected monthly data from January 2001 through March 2003 on the following two variables:

y= total manufacturing cost per month (In thousands of dollars) (COST)

x= total machine hours used per month (Machine)

The data are shown below.

1102 218
1008 199
1227 249
1395 277
1710 363
1881 399
1924 411
1246 248
1255 259
1314 266
1557 334
1887 401
1204 238
1211 246
1287 259
1451 286
1828 389
1903 404
1997 430
1363 271
1421 286
1543 317
1774 376
1929 415
1317 260
1302 255
1388 281

Answer the following question

Fill in the blanks for the following statement: “I am 95% confident that the average manufacturing cost at the Apex corporation for all months with 350 total machine hours is between ____ and ____.”

please show me steps

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $23.25 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

The total cost of operating the company for the year is $349,000 which includes the following costs:

Resource consumption is distributed across the activities as follows:

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools

3. The company recently completed a 800 square foot carpet-cleaning job at the Flying N Ranch—a 59-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system.

4. The revenue from the Flying N Ranch was $186.00 (800 square feet @ $23.25 per hundred square feet). Calculate the customer margin earned on this job.

One of the large photocopiers used by a printing company has a number of special functions unique to that particular model. This photocopier generally performs well but, because of the complexity of its design and the frequency of usage, it occasionally breaks down. The department has kept records of the number of breakdowns per month over the last fifty months. The data is summarized in the table below:
  

  
The cost of a repair depends mainly on the time taken, the level of expertise required and the cost of any spare parts. There are four levels of repair. The cost per repair for each level and probabilities for different levels of repair are shown in table below:

  

Based on the probabilities given in the two tables and using the random number streams given below, simulate for each of 12 consecutive months the number of breakdowns and the repair cost of each breakdown. Note that for each month you must compute both the number of breakdowns, the repair cost for each breakdown (if any) and the total monthly repair cost as well as the total annual repair cost to answer the following questions.

  
Use the following random numbers in order (from left to right) for the simulation of number of breakdowns per month:

  

  
Use the following random numbers in order (from left to right, first row first - as you need them) for the simulation of repair cost for each breakdown.

  

On which month, the largest number of repairs occurred?
  

What was the total monthly repair cost in May?

What is the annual total cost of repairs in this 12-month simulation?   
a) $1845 b) $1485 c) $1570 d) $2250 e) $1480

Activity-Based Costing and Conventional Costs Compared
Hickory Grill Company manufactures two types of cooking grills: the Gas Cooker and the Charcoal Smoker. The Cooker is a premium product sold in upscale outdoor shops; the Smoker is sold in major discount stores. Following is information pertaining to the manufacturing costs for the current month.

Manufacturing overhead follows:

a. Determine the total and per-unit costs of manufacturing the Gas Cooker and Charcoal Smoker for the month, assuming all manufacturing overhead is assigned on the basis of direct labor dollars.
Round rate to two decimal places, if applicable.
Manufacturing overhead based on direct labor dollars: $Answer

per direct labor dollar
Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, if needed.

b. Determine the total and per-unit costs of manufacturing the Gas Cooker and Charcoal Smoker for the month, assuming manufacturing overhead is assigned using activity-based costing.
Round answers to two decimal place, if needed.
Activity-based overhead rates:
Materials acquisition and handling $Answer

per direct material dollar
Materials movement $Answer

per move
Scheduling $Answer

per batch

Use rounded overhead rate calculated above for calculations below. Round cost answers to the nearest whole number, when needed. Round cost per unit to two decimal places, if needed.

Absorption and Variable Costing Income Statements

During the first month of operations ended July 31, YoSan Inc. manufactured 9,900 flat panel televisions, of which 9,200 were sold. Operating data for the month are summarized as follows:

Required:

1. Prepare an income statement based on the absorption costing concept.

2. Prepare an income statement based on the variable costing concept.

Salespersons' Report and Analysis

Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons during the year ended December 31 are as follows:

Required:

1. Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable selling expenses as a percent of sales, and contribution margin ratio by salesperson. Round percents to the nearest whole number. Enter all amounts as positive numbers.

1. Morningside Technologies Inc. uses flexible budgets that are based on the following data:

   Sales commissions	6% of sales
   Advertising expense	15% of sales
   Miscellaneous administrative expense	$1,450 per month plus 3% of sales
   Office salaries expense	$14,000 per month
   Customer support expenses	$2,050 plus 4% of sales
   Research and development expense	4,500 per month

2. Prepare a flexible selling and administrative expenses budget for April for sales volumes of $90,000, $115,000, and $135,000. Enter all amounts as positive numbers.

   Morningside Technologies Inc.
   Flexible Selling and Administrative Expenses Budget
   For the Month Ending April 30
   Total sales	$90,000	$115,000	$135,000
   Variable cost:
   Sales commissions	$	$	$
   Advertising expense
   Miscellaneous administrative expense
   Customer support expenses
   Total variable cost	$	$	$
   Fixed cost:
   Miscellaneous administrative expense	$	$	$
   Office salaries expense
   Customer support expenses
   Research and development expense
   Total fixed cost	$	$	$
   Total selling and administrative expenses	$	$	$

3. Personal Budget

   At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:

   Cash balance, September 1 (from a summer job)	$6,730
   Purchase season football tickets in September	90
   Additional entertainment for each month	230
   Pay fall semester tuition in September	3,600
   Pay rent at the beginning of each month	320
   Pay for food each month	180
   Pay apartment deposit on September 2 (to be returned December 15)	500
   Part-time job earnings each month (net of taxes)	830

   a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign.

   KATHERINE MALLOY
   Cash Budget
   For the Four Months Ending December 31
   	September	October	November	December
   Estimated cash receipts from:
   Part-time job	$	$	$	$
   Deposit
   Total cash receipts	$	$	$	$
   Estimated cash payments for:
   Season football tickets	$
   Additional entertainment		$	$	$
   Tuition
   Rent
   Food
   Deposit
   Total cash payments	$	$	$	$
   Overall cash increase (decrease)	$	$	$	$
   Cash balance at beginning of month
   Cash balance at end of month	$	$	$	$

   b. Are the four monthly budgets that are presented prepared as static budgets or flexible budgets?
   c. Malloy can see that her present plan   sufficient cash. If Malloy did not budget but went ahead with the original plan, she would be $   at the end of December, with no time left to adjust.

4. Static Budget versus Flexible Budget

   The production supervisor of the Machining Department for Niland Company agreed to the following monthly static budget for the upcoming year:

   Niland Company Machining Department Monthly Production Budget
   Wages	$396,000
   Utilities	34,000
   Depreciation	57,000
   Total	$487,000

   The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows:

   	Amount Spent		Units Produced
   January	$460,000		121,000
   February	441,000		110,000
   March	422,000		99,000

   The Machining Department supervisor has been very pleased with this performance because actual expenditures for January–March have been less than the monthly static budget of $487,000. However, the plant manager believes that the budget should not remain fixed for every month but should “flex” or adjust to the volume of work that is produced in the Machining Department. Additional budget information for the Machining Department is as follows:

   Wages per hour	$15.00
   Utility cost per direct labor hour	$1.30
   Direct labor hours per unit	0.20
   Planned monthly unit production	132,000

   a. Prepare a flexible budget for the actual units produced for January, February, and March in the Machining Department. Assume that depreciation is a fixed cost. Enter all amounts as positive numbers. If required, use per unit amounts carried out to two decimal places.

   Niland Company-Machining Department
   Flexible Production Budget
   For the Three Months Ending March 31
   	January	February	March
   Units of production
   Wages	$	$	$
   Utilities
   Depreciation
   Total	$	$	$

   b. Compare the flexible budget with the actual expenditures for the first three months.

   	January	February	March
   Total flexible budget	$	$	$
   Actual cost
   Excess of actual cost over budget	$	$	$

   What does this comparison suggest?

   The Machining Department has performed better than originally thought.
   The department is spending more than would be expected.

5. Flexible Budget for Assembly Department

   Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department:

   Direct labor per filing cabinet	30 minutes
   Supervisor salaries	$147,000 per month
   Depreciation	$20,000 per month
   Direct labor rate	$15 per hour

   Prepare a flexible budget for 14,000, 18,000, and 21,000 filing cabinets for the month of August in the Assembly Department, similar to Exhibit 5. Assuming that inventories are not significant. Enter all amounts as positive numbers.

   CABINAIRE INC-ASSEMBLY DEPARTMENT
   Flexible Production Budget
   For the Month Ending August 31 (assumed data)
   Units of production	14,000	18,000	21,000
   Variable cost:
   Direct labor	$	$	$
   Total variable cost	$	$	$
   Fixed cost:
   Supervisor salaries	$	$	$
   Depreciation
   Total fixed cost	$	$	$
   Total department cost	$	$	$