Bridgeton Assignment 1. The overhead allocation rate used in the 1987 model year strategy study at the Automotive Component & Fabrication Plant (ACF) was 435% of direct labor dollar cost. Calculate the overhead allocation rate using the 1987 model year budget. Why do you get different numbers? 2. Calculate the overhead allocation rate for each of the model years 1988 through 1990. Are the changes since 1987 in overhead allocation rates significant? Why have these changes occurred? 3
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your eco-conscious friends sneer at you when you show them your shiny new oak floor. Of course‚ oak does take an exceptionally long time to re-grow‚ but you can still get natural oak floors without worrying that you are damaging the eco-system. Reclaimed wood Most oak forests in the UK and Europe have been depleted and new oak forests won’t be available for commercial use for another hundred years. This means that most oak available is reclaimed‚ that is wood recycled from another source. Any reclaimed
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Group 2 Questions for Individual Asset Allocation Exercise: 1. Allocate your fictional $1‚000‚000 among the following three asset categories: Asset U.S. Equities U.S. 30-Year Treasury Bonds Cash Total Allocation 45% 35% 20% 100% Justify your allocation based on your outlook for systematic risk in the U.S. economy over the next year. Based on GDP‚ there is an expected growth in rates for the following quarter‚ though it may
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including more data points to perform analysis. The arithmetic calculation provides an impartial estimate of future return because it is always more than the geometric. All assets classes reported positive returns from 1990 through 1999‚ while the S&P 500 index had the highest annual average return of 17.7%. The Russell 2000 had the second highest annual return with a standard deviation of 14.1% & 17.2%. Treasuries and bond returns were a poor performer relative to the other assets which were
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Themes in Conor Oberst’s “Poison Oak” The poetic song lyrics of “Poison Oak‚” written by songwriter Conor Oberst and performed by Bright Eyes‚ display many powerful uses of figurative language that give the song a deep meaning and produce strong themes. The puissant and mournful metaphors used by Oberst create important themes that allow the reader to get a taste of the emotional experiences he has gone through. Although the sound devices in “Poison Oak” may be viewed as important factors in molding
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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CHAPTER 6 PRODUCTION EXERCISES 4. A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign. Describe the production function for campaign votes. How might information about this function (such as the shape of the isoquants) help the campaign manager to plan strategy? The output of concern to the campaign manager is the number of votes. The production function has two inputs‚ television advertising and
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in the population. According to the definition provided by the United Nations‚ megacities are cities with populations of over 10 million (UNFPA‚ 12). Based on this definition‚ it is expected that the number of megacities in the world will be mostly located in the developing world. However‚ the definition of megacities based on the population size is arbitrary given that the population in any given city changes with context and time. In the ancient times‚ for example‚ Rome‚ which has a population
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Kristen Mendoza 10/03/10 Written Analysis J. Carder Double Cabinet • The Dumbarton Oaks Museum‚ House Collection‚ HC. F.1929.212 (CF) • 194.31 cm H x 134.62 cm W x 55.88 cm D (76 ½ in. x 53 in. x 22 in. ) • Walnut wood with high gloss stain and corbel brackets. • Frame and panel construction with marquetry‚ carving and reliefs. • Decorative motifs include: illusionistic perspectives‚ running frieze‚ pilasters. • Purchased from the collection of Count
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