Marine, Inc., manufactures a product that is available in both a flexible and a rigid model. The company has made the rigid model for years; the flexible model was introduced several years ago to tap a new segment of the market. Since introduction of the flexible model, the company’s profits have steadily declined, and management has become concerned about the accuracy of its costing system. Sales of the flexible model have been increasing rapidly.

Overhead is applied to products on the basis of direct labor-hours. At the beginning of the current year, management estimated that $600,000 in overhead costs would be incurred and the company would produce and sell 1,000 units of the flexible model and 10,000 units of the regular model. The flexible model requires 2.0 hours of direct labor time per unit, and the regular model requires 1.0 hours. Direct materials and labor costs per unit are given below:

Required:   

1-a. Compute the predetermined overhead rate using direct labor-hours as the basis for allocating overhead costs to products.

1-b. Compute the unit product cost for one unit of each model.

2. An intern suggested that the company use activity-based costing to cost its products. A team was formed to investigate this idea. It came back with the recommendation that four activity cost pools be used. These cost pools and their associated activities are listed as follows:

Compute the activity rate for each of the activity cost pools.     

3-a. Using activity-based costing, determine the total amount of overhead that would be assigned to each model for the year.

3-b. Using activity-based costing, compute the unit product cost for one unit of each model.

CHAPTER 2-4

Exercise 2.38

Ninety percent of residential gas customers in Illinois use gas for residential heating. Sixteen residential gas customers are randomly selected to participate in a panel discussion for a state energy fair. A gas industry executive is hopeful that at least twelve of the panel members, i.e., 75%, will come from homes in which gas is used for residential heating. If you were the executive's assistant, what degree of assurance could you give the executive that her 75% goal might be reached or exceeded?

14. A common design requirement is that an environment must fit the range of people who fall between the 5th percentile for women and the 95th percentile for men. In designing an assembly work​ table, the sitting knee height must be​ considered, which is the distance from the bottom of the feet to the top of the knee. Males have sitting knee heights that are normally distributed with a mean of 21.1 in. and a standard deviation of 1.1 in. Females have sitting knee heights that are normally distributed with a mean of 19.4 in. and a standard deviation of 1.0 in. Use this information to answer the following questions.

1. What is the minimum table clearance required to satisfy the requirement of fitting​ 95% of​ men?____​(Round to one decimal place as​ needed.)

2. Determine if the following statement is true or false. If there is clearance for 95% of males, there will certainly be clearance for all women in the bottom 5%.

A. The statement is true because some women will have sitting knee heights that are outliers.

B. The statement is false because some women will have sitting knee heights that are outliers.

C. The statement is true because the 95th percentile for men is greater than the 5th percentile for women.

D. The statement is false because the 95th percentile for men is greater than the 5th percentile for women.

3. The author is writing this exercise at a table with a clearance of 23.9 in. above the floor. What percentage of men fit this table?

4. What percentage of women fit this table?

5. Does the table appear to be made to fit almost everyone? Choose the correct answer below.

A. The table will fit almost everyone except about 22% of men with the largest sitting knee heights.

B. The table will fit only 22% of men.

C. The table will only fit 1% of women.

D. Not enough information to determine if the table appears to be made to fit almost everyone.

15.The lengths of pregnancies are normally distributed with a mean of 269 days and a standard deviation of 15 days.

a. Find the probability of a pregnancy lasting 308 days or longer.____​(Round to four decimal places as​ needed.)

b. If the length of pregnancy is in the lowest 4​%, then the baby is premature. Find the length that separates premature babies from those who are not premature.____​(Round to four decimal places as​ needed.)

1.         Borden Road Music is producing CDs for five (5) artists, Sarah D, Tom Boy, Uber Lyft, Vinny Joe, and Wanda, and X-terra. Borden Road Music makes the following unit profits on each artist’s CD as follows

Each artist needs recording studio time and mastering studio time. There are 10,000 Minutes of available mastering time and 25,000 minutes of available recording time.

Each artists CD must be packaged after production. There is 2,000 minutes of packaging time.

Each artist will need promotion time. There are only 50,000 minutes of promotional time available.

Marketing has the following consumer behavior information:

            i.          There are already 200 copies of Uber Lyft CDs pre-ordered.

            ii.         There are already 100 copies of Vinny Joe CDs pre-ordered.

            iii.       For every 2 Sarah D CDs sold there is a Tom Boy CD sold.

As a quality control measure Wanda CDs cannot exceed half of the other CDs produced.

a.         Formulate the standard form of Borden Road Music’s linear program in the table below.

b.         Use excel to solve the linear program and attach the Solution worksheet, the Sensitivity Analysis worksheet.

c.         What happens to Borden Road’s profits if they gain 100 minutes of Mastering time?

            Profits:                                           .

d.         What happens to Borden Road’s profits if they lose 100 minutes of recording time?

            Profits:                                           .

According to the latest financial reports from a sporting goods store, the mean sales per customer was $75 with a population standard deviation of $6. The store manager believes 39 randomly selected customers spent more per transaction.

What is the probability that the sample mean of sales per customer is between $76 and $77 dollars?

You may use a calculator or the portion of the z -table given below. Round your answer to two decimal places if necessary.

$\mu_{\overline{x}}=$ $

sigma sub line segment x is equal to $\sigma_{\overline{x}}=$

$

cap p times open paren 76 is less than or equal to line segment x comma line segment x is less than or equal to 77 close paren is equal to $P\left(76\le\overline{x}\le77\right)=$

Crawford Company is a family-run business that manufacturers steering wheels for self-driving cars. Crawford makes both a standard wheel which is similar to traditional car steering wheels and a deluxe model which is larger to allow a human driver to easily reach over and take control over the automated system. The company has been using a plant-wide overhead rate based on direct labor hours to allocate its overhead to each model. LeeAnn Lucky, the new controller, is convinced that an activity-based costing system will provide better information about the costs and profitability of each model which should lead to better decisions about whether the company should focus on one model or the other. She has pulled the following information about overhead costs from the past year and inserted activity-based costing (ABC) information:  

The company's managers expect to produce 1,000 units of each model during the upcoming year. Answer the following questions. Each question is worth 1 point.

1. Compute the total budgeted manufacturing overhead cost for the upcoming year using ABC costing information.

2. Compute the manufacturing overhead cost per wheel of the standard model using Activity-Based Costing.

3. Compute the manufacturing overhead cost per deluxe wheel using Crawford's traditional plant-wide overhead rate.  

4. If Crawford continues with the traditional method of allocating manufacturing overhead based on direct labor hours instead of switching to the Activity-Based Costing system, by how much will the Deluxe wheel line be over- or under-costed per unit? Enter an under-costed amount as a negative number and an over-costed amount as a positive number.

in java please

Project 2: The Triangle Class

Problem Description:

Design a class named Triangle that extends GeometricObject. The class contains:

• Three double data fields named side1, side2, and side3 with default values 1.0 to denote three sides of the triangle.

• A no-arg constructor that creates a default triangle.

• A constructor that creates a triangle with the specified side1, side2, and side3.

• The accessor methods for all three data fields.

• A method named getArea() that returns the area of this triangle.

• A method named getPerimeter() that returns the perimeter of this triangle.

• A method named toString() that returns a string description for the triangle.

For the formula to compute the area of a triangle, see Exercise 5.19. The toString() method is implemented as follows:

return "Triangle: side1 = " + side1 + " side2 = " + side2 +   " side3 = " + side3;

Coding: (Copy and Paste Source Code here)

public class TheTriangleClass {

public static void main(String[] args) {

    Triangle triangle = new Triangle(1, 1.5, 1);

    triangle.setColor("yellow");

    triangle.setFilled(true);

    System.out.println(triangle);

    System.out.println("The area is " + triangle.getArea());

    System.out.println("The perimeter is " + triangle.getPerimeter());

    System.out.println(triangle);

}

}

class Triangle extends GeometricObject {

// Implement it (See below for a complete example, the example is for Rectangle)

}

abstract class GeometricObject {
private String color = "white";
private boolean filled;
private java.util.Date dateCreated;

/** Construct a default geometric object */
protected GeometricObject() {
dateCreated = new java.util.Date();
}

/** Construct a geometric object with color and filled value */
protected GeometricObject(String color, boolean filled)
{
dateCreated = new java.util.Date();
this.color = color;
this.filled = filled;
}

/** Return color */
public String getColor()
{
return color;
}

/** Set a new color */
public void setColor(String color)
{
this.color = color;
}

/** Return filled. Since filled is boolean,
29 * the get method is named isFilled */
public boolean isFilled()
{
return filled;
}

/** Set a new filled */
public void setFilled(boolean filled)
{
this.filled = filled;
}

/** Get dateCreated */
public java.util.Date getDateCreated()
{
return dateCreated;
}

@Override
public String toString()
{
return "created on " + dateCreated + "\ncolor: " + color + " and filled: " + filled;
}

/** Abstract method getArea */
public abstract double getArea();

/** Abstract method getPerimeter */
public abstract double getPerimeter();
}

Ghost, Inc., has no debt outstanding and a total market value of $369,600. Earnings before interest and taxes, EBIT, are projected to be $51,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 15 percent higher. If there is a recession, then EBIT will be 24 percent lower. The company is considering a $185,000 debt issue with an interest rate of 6 percent. The proceeds will be used to repurchase shares of stock. There are currently 8,400 shares outstanding. Ignore taxes for questions a and b. Assume the company has a market-to-book ratio of 1.0 and the stock price remains constant.

Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available.

The company presently operates the machine for a single eight-hour shift for 22 working days each month. Management is thinking about operating the machine for two shifts, which will increase its productivity by another eight hours per day for 22 days per month. This change would require $11,000 additional fixed costs per month. (Round hours per unit answers to 1 decimal place. Enter operating losses, if any, as negative values.)

2. How many units of Product G and Product B should the company produce if it continues to operate with only one shift? How much total contribution margin does this mix produce each month?

            Product G        Product B        Total

Hours dedicated to the production of each product                          

Units produced for most profitable sales mix                        

Contribution margin per unit             

Total contribution margin - one shift                        

3. If the company adds another shift, how many units of Product G and Product B should it produce? How much total contribution margin would this mix produce each month?

            Product G        Product B        Total

Hours dedicated to the production of each product                          

Units produced for most profitable sales mix                        

Contribution margin per unit             

Total contribution margin - two shifts                                   

4. Suppose that the company determines that it can increase Product G’s maximum sales to 600 units per month by spending $10,000 per month in marketing efforts. Should the company pursue this strategy and the double shift?

            Product G        Product B        Total

Hours dedicated to the production of each product                          

Units produced for most profitable sales mix                        

Contribution margin per unit