dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment spreadsheet provides a starting point for your calculations‚ with some data formulas already supplied. 2. If any product is unprofitable
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should organize your report in the following format: a) An introductory paragraph stating the main hypothesis/objective of the lab. b) The main body to address: The summary questions #1‚#2‚#3. The sources of error and the two % error calculations. Focus your discussion on how each of the sources impacted your results and suggest a procedure to mitigate the error. c) Don’t discuss procedures‚ data collection‚ etc because these have been addressed in the lab and in the lab sheet. 3
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additional period of 20 minutes for reading the examination paper no writing is allowed in this period and no notes can be taken or any work started in the answer book. You must show all of your calculations (workings) to obtain full marks. Where the student does not clearly show how the final figures of a calculation based question were reached they are in danger of having marks deducted. This is a 2 hour examination there are 3 questions to answer from the four given therefore the students should be prepared
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related to is driver. For market analysis we take the market analysis amount/hours of analysis. This is 1‚050‚000/15‚000=$70.00. For the Product design we take the product design of 2‚350‚000 divided by the number of designs 2‚500. This is calculation is 2‚350‚000/2‚500=940. For the Product Development we calculate the Product Development/Number of Products. 3‚600‚000/90=40. Lastly the Prototype testing/Number of Tests or 1‚400‚000/500= 2‚800. B) The next section that we are looking at is
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clearly seen above there was a lot of human error or possibly calculation error. The year 1991 should be disregarded and years with 0 densities were due to not having that penny year tested. Part 3: 1.) Avg Density of Pennies from 1975-79: 10.7 g/ml 1995-1999: 7.0 g/ml 8.94(.95) + x(.5) = 10.7 g/ml x(.975) + 8.94(.025) = 7.0 .5x = 2.207 g/ml .975x = 6.77 x = 4.414 g/ml x = 6.95 g/ml Based off of the density calculation for the years 1995-1999 it is clear that the unknown metal that
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complicated calculations. Discuss both these views and give your own opinion. Nowadays‚ people often use technological equipment in their everyday lives and during performing their jobs due to the fact that the usage of those equipment makes things easier in people’s life. Some people disagrees with the usage of the electronic calculator by pupils until they have mastered mental arithmetic when others support the usage hence pupils would not spend lots of time on complicated calculations owing to
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in their inventory management processes. Starbucks follows the EOQ model‚ which involves heavy calculations and predictions. Without the formulas and some basic information about the demands from customers‚ the cost of placing orders‚ and other variables‚ the calculation of the EOQ model will not be able to reach its optimal potential. From this‚ collecting the accurate information for the calculations is vital‚ the company has to acquire reliable and timely sources. Conveying surveys‚ searching
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Quantitative Reasoning for Business. This document showed what type of reasoning tools and skills are covered in this course that will further help in any upcoming courses. Looking at the tools‚ mathematical equations and formulas‚ probability calculation and forecasting tools I am very excited to see that there are so many important skills that a manager needs to be proficient at and the Quantitative Reasoning for Business course covers them and will help me to a better job by using these tools
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obtain a new velocity for the marble‚ change the angle of your ramp (lower or higher). Then continue to do three more trials with three different angles. Equipment: Marble Meter stick String Plastic ruler Tape Small weight Calculation Computer with Logger Pro Photogates (2) Results: Rolling ∆t for distance Vx ∆y distance Trial 1 .083s 1.20 m/s .76M .10M Trial 2 .081s 1.23 m/s .76M .10M Trial 3 .081s 1.23 m/s .76M .10M Average .082s 1.22 m/s .76M .10M Analysis:
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Aurora Textile Company Inc Case Study Finance 450 I. Recommendations Aurora Textile Company is currently not in very good financial situation. Based on calculations that I made for the capital budgeting‚ my recommendation is to buy the new Zinser machine. After computing the NPV for the project it came out to be $10‚160‚579 over the period of 10 years. According on the analysis of the CFO of the company‚ Zinser would produce a finer- quality yarn that would be used for higher quality and higher
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